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Guaranteed Rate offering up to $8K in assistance to underserved buyers

Housing Wire

The program includes provisions for “improved” pricing for nontraditional credit loans, a title insurance credit applicable to certain properties and will remove the requirement for area median incomes, according to a statement from Guaranteed Rate. The platform provides a secure way to upload sensitive documents and automates underwriting.

Buyers 367
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Thinking of selling your real estate brokerage? Here’s how to prepare

Housing Wire

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” There’s an entire industry built upon the “what’s next” in question.

HOA 408
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Opinion: More should be done to shorten the average time to close

Housing Wire

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. There’s an entire industry built upon the “What’s next?” in question. But there’s also room for improvement.

HOA 395
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Real Estate Sales Agreements: Understanding Your Contract

Movoto

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. In the case of an impasse, contingencies allow buyers to renegotiate or back out of the sale without penalty.

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Opinion: Will AI usher in real estate’s “Model T” moment?

Housing Wire

HOA requirements and documentation: a case in point. As a case in point, let’s look at the settlement requirement to navigate homeowners associations (HOA) and their vast and disparate array of documents and requirements. The result is thousands of HOAs with thousands of varying requirements and mounds of varying documentation.

HOA 345
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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor

When you’re a first-time home buyer approaching the finish line in the journey to your new home, you want nothing to go wrong, right? These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected.

Buyers 208