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Everything You Need to Know About Closing Cost Credits

Lamacchia Realty

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. Closing cost credits are a great tool to help buyers pay their closing costs and have more money after closing. This enables the buyers to bring less money to closing.

Sellers 62
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Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

With respect to property types, quite clearly restaurant, retail and hotel properties have been hard hit. The Trepp CMBS Delinquency Rate in May logged its largest increase since it started tracking this metric in 2009. Josh Folland , Senior Managing Director, Valbridge Property Advisors.

Valuation 146
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Uncertain future, forgetting the past

Annarbor Appraisal

This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. Many agents have noted that their buyers are reticent to purchase in this manner.

Buyers 78
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What Is a Foreclosure and How Does it Work?

Quicken Loans

That’s why many home buyers turn to foreclosed homes in hopes of getting more space in a better area and with a much lower price tag. Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. In an REO, the bank is the sole owner of the property.