Lamacchia Realty

SEPTEMBER 7, 2022

To do this, you’ll want to book travel arrangements early: flights, cross-country drives, trains, pet travel arrangements, etc. If you’re moving long-distance, make sure to use a reputable, insured moving company. Buyer Resources. Seller Resources. Make Your Travel Arrangements. Hire the Right Moving Service. Read More ».

Realty 62

Realty Real Estate Agent Insurance Realtors 62

Appraisal Today

JUNE 23, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. Why you need this book Have you ever had to appraise a home with “no comps”? A home modified for handicapped access?

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Housing Wire

MAY 6, 2024

That question would be answered succinctly when the Dodd Frank Act retooled the entire consumer regulatory structure, redrafting lending and closing documents, stiffening enforcement of laws long on the books and creating new ones, and sending participants in the real estate process into a panic trying to figure out to make it all work.

Real Estate Agent 319

Real Estate Agent Real Estate Project Management Agents 319

McKissock

SEPTEMBER 20, 2021

This includes referral fees or financial benefits for recommending real estate products and services to the client, like mortgage financing, warranty programs, homeowner’s insurance, title insurance, etc. You may represent the seller and will owe fiduciary duties to that seller.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Lamacchia Realty

SEPTEMBER 16, 2021

To do this, you’ll want to book travel arrangements early: flights, cross-country drives, trains, pet travel arrangements, etc. If you’re moving long-distance, make sure to use a reputable, insured moving company. Buyer Resources. Seller Resources. Make Your Travel Arrangements. Hire the Right Moving Service. Read More ».

Real Estate Agent 65

Real Estate Agent Insurance Realtors Sellers 65

Listing Spark

DECEMBER 15, 2022

How to qualify buyers so that you have a low default rate on owner financing deals. Why some buyers can’t qualify for more traditional financing. It usually involves wrapping the existing mortgage and obtaining title insurance from a title company. If you’re doing a wrap, the number one thing is insurance.

Finance 36

Finance Investing Real Estate Lending 36

Housing Wire

MARCH 22, 2022

(MIAC) is in the market with two whole-loan offerings of nonperforming Ginnie Mae-insured mortgages that combined are valued at more than $1.2 The seller is not identified for either deal. “The If something’s worth 95 cents [on the dollar] … then you [as a buyer] can’t pay par and have it work out.”.

Marketing 309

Marketing Insurance Sellers Mortgage 309

Housing Wire

JANUARY 13, 2022

The seller is not identified. MIAC, as exclusive representative for the seller, is pleased to offer for your review and consideration a $6.23 The seller is not identified in the offering, which indicates the deadline for final bids was Jan. Incenter Managing Director Tom Piercy would only say that the seller is a “nonbank.”.

Mortgage 380

Mortgage Marketing Sellers Insurance 380

Housing Wire

SEPTEMBER 20, 2023

That challenge is compounded by the low level of new-loan production now being booked at much higher coupons in the 6% to 7% range. So, it’s not benefiting the overall MSR portfolio that they have on their books.” And that’s a headwind for the market.” That means they will not be traded again any time soon.

Investors 378

Investors Mortgage Buyers Investing 378

Housing Wire

MARCH 7, 2022

Absolutely, I will offer an NFT option to sellers within the next year,” said Richard Hopen, a Compass agent in Short Hills, New Jersey. The Gulfport seller, Heckler explained, created a limited liability company that held ownership of the home. Propy then guided the seller into minting the LLC as an NFT.

Real Estate 471

Real Estate Law Inspection Agents 471

The Robert Weiler Company

SEPTEMBER 30, 2020

An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. Published by the Appraisal Institute, this book defines a real property valuation review process model as an organizing tool. Fannie Mae. Trust the experts!

Real Estate 137

Real Estate Appraisal Property Appraisal Valuation 137

Appraisal Today

JULY 1, 2022

E&O Insurance Update 2022 – Claims, State Boards, Discrimination, etc. 2022 E&O Insurance – Where to Get Insurance, What to look for in a policy, etc. 2022 E&O Insurance Brokers. 2022 E&O Insurance – Where to Get Insurance, What to look for in a policy, etc. June 21, 2022.

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Quicken Loans

JUNE 8, 2021

In some short sales, the owners’ bank agrees to take this loss to get the home sold and the mortgage (which might otherwise go into default) off their books. Even if the sellers agree to your offer, their bank or lender might reject it if it’s too low. Buyers can purchase a home quickly (and often for a low price) at an auction.

Real Estate Agent 72

Real Estate Agent Inspection Government Real Estate 72

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Step 3: Find a Real Estate Buyer’s Agent Who Knows REO Homes. 10 Steps to Buying REO Properties. Step 4: Refine Your List of Lender-Owned Properties.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Housing Wire

FEBRUARY 14, 2022

And so, because of that, we had to make our agents independent contractors and terminate their pension plan and health insurance.”. Living on commissions often means getting paid more for convincing a buyer to increase their acceptable price range or coaxing a seller to hold out for a more lucrative deal.

Business 368

Business Brokerage Real Estate Agent Agents 368

Realtor

NOVEMBER 1, 2023

It also shows home sellers and listing agents that you’re a strong home-buying candidate. This is a step where real estate agents who know VA loans can make a big difference for military buyers. Buyers can use this program to purchase single-family homes, condos, multiunit properties, and more.

Real Estate Agent 127

Real Estate Agent Contracts Finance Real Estate 127

The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. You may need a commercial valuation for many reasons.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Will Springer Realtor

JUNE 1, 2021

One of the most valuable components to a buyer’s offer is the home inspection contingency, an opportunity to check the condition of the property before agreeing to close the deal. Under terms of the contingency, buyers can walk from the deal and retrieve their earnest money – in most cases – if not satisfied with the inspector’s findings.

Inspection 36

Inspection Buyers Sellers Open Houses 36

Quicken Loans

APRIL 12, 2021

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. During that time, more than five million homes went into foreclosure and home buyers could often purchase them at more than half off the original price in many areas across the U.S.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Common fears are that their insurer will increase their premium or decline to renew their policy.

Appraisal 81

Appraisal Contracts Insurance Construction 81

Lamacchia Realty

JANUARY 27, 2023

2022 was yet another year for the books, as historical market behavior stuck this time with mortgage rate spikes, causing this year to be the adjustment year we all knew was coming. Then, as rates rose, buyers and sellers began to hesitate to play the game. Prices for all these three counties combined were 7.5%

Inventory 52

Inventory HOA Insurance Buyers 52

Zillow

JULY 9, 2019

Several years ago, I wrote a complete guide to financial planning on one index card, which went viral and later became a book: " The Index Card: Why Personal Finance Doesn't Have to Be Complicated " (co-written with Helaine Olen). Buyers who put more down upfront typically make fewer offers and buy faster than those who put less down.

Buyers 53

Buyers Mortgage Investing Sellers 53

Will Springer Realtor

APRIL 6, 2021

In the complex world of condominiums, it is as important to know which buildings are favorable for financing as it is to ensure a buyer’s eligibility for the mortgage itself. The more lenders interviewed, the better the odds of finding the right fit for the buyer. Forget it; that would never happen!).

HOA 36

HOA Mortgage Buyers Insurance 36

Appraisal Today

JUNE 2, 2023

Offer more valuation products (11%) Upgrade your license so that you can appraise more property types (8%) Market yourself as an expert in a specific niche (9%) “I made it through the last recession by offering my expertise for insurance appraisals in mobile home parks. My favorite appraisal book! It worked well at the time.”

Appraisal 52

Appraisal Contracts Real Estate Agent Sellers 52

Assurance Financial

JULY 23, 2021

That might be true, as putting down 20% allows you to avoid paying private mortgage insurance (PMI) premiums and can mean you get a better interest rate on your loan. In exchange, the borrower needs to pay PMI and an upfront mortgage insurance premium. The loan program allows buyers to put zero down. Department of Agriculture.

Mortgage 74

Mortgage Real Estate Agent Government Loan Officers 74

Housing Wire

MAY 17, 2022

An example of a program offered by the HUD that needs clarification is the department’s down payment assistance program, especially programs that allow seller funded down payment assistance. In March 2021, Fudge said that the agency had “no near-term plans” to change FHA’s mortgage insurance premium pricing.

Insurance 339

Insurance Development Housing Market Mortgage 339