Housing Wire

MAY 2, 2024

Ben Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized credit, said that during the past year, nonqualified mortgage (non-QM) AAA bond spreads have actually contracted from 155 to 135, while agency mortgage-backed securities (MBS) spreads have widened from about 118 to 134 over the same period.

Marketing 370

Marketing Mortgage Investors Sellers 370

Housing Wire

DECEMBER 20, 2021

A $250 monthly child tax credit from the federal government for each child also helps the household. Governments and servicers were both quick to launch forbearance programs for over seven million mortgage borrowers during the pandemic, realizing the historic challenge borne out of the Covid-19 pandemic. . But will end in December.

Mortgage 325

Mortgage Government Contracts Insurance 325

Realtor

APRIL 14, 2021

Experts say p otential buyers should make pre-approval their first step. Buyers all over the country are facing bidding wars after making an offer. This can be attributed to low mortgage rates and low inventory creating strong demand from buyers. In this market, we are seeing a lot of appraisal gaps being written into contracts.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

Genworth MI Blog

AUGUST 31, 2022

With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer. Foster: With COVID-19, the government-sponsored enterprises (GSEs) enacted temporary allowances for flexibilities in appraisals and inspections. More buyers began purchasing homes as-is, waiving repairs.

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

Appraisal Today

MAY 10, 2024

The clarifications were made to long-standing policies in our Guides intended to ensure the borrower has sufficient property insurance coverage in the event of a loss, and the February announcements did not change these policies. If buyers cannot get insurance or it is very expensive, it will affect value.

Reconsideration of Value 70

Reconsideration of Value Appraisal Real Estate Insurance 70

Miller Samuel

FEBRUARY 12, 2019

In ’09, Miller said sellers were anchored to the “pre-Lehman, pre-financial crisis asking prices” and had to travel farther on price to meet a buyer. Miller measures listing discount by the percent difference between the contract price and the price that the property was listed for sale at the time of contract – not when it was first listed).

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Housing Wire

JULY 12, 2022

Starting in July, the government-sponsored enterprise will allow remote inspections on some refinance loans it buys. Alternative appraisals, however, rely more on objective data and an “arm’s-length” process between the appraiser and the homeowner or buyer, sometimes assisted by technology, a spokesperson for the GSE said.

Appraisal 405

Appraisal Inspection Real Estate Agent Training 405

Zillow

JULY 15, 2019

Buyers market : Market conditions that exist when homes for sale outnumber buyers. Cancellation of escrow : A situation in which a buyer backs out of a home purchase. Capacity : The amount of money a home buyer can afford to borrow. Buyers should budget for an amount that is 1% to 3% of the home's purchase price.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Cleveland Appraisal Blog

JUNE 18, 2022

Eminent domain or the power of the government to take private property for a public use without the landowner’s consent is embedded in the Fifth Amendment to the U.S. This is why eminent domain appraisers often work closely with eminent domain attorneys to insure that these important concepts are fully understood and applied properly.

Appraisal 309

Appraisal Law Development Valuation 309

Realtor

APRIL 14, 2021

Experts say p otential buyers should make pre-approval their first step. Buyers all over the country are facing bidding wars after making an offer. This can be attributed to low mortgage rates and low inventory creating strong demand from buyers. In this market, we are seeing a lot of appraisal gaps being written into contracts.

Mortgage 78

Mortgage Real Estate Agent Buyers Real Estate 78

Appraisal Today

NOVEMBER 3, 2023

The report said due to this lack of documentation, the FHFA might be unable to detect trends or significant issues concerning mortgage desktop appraisals, and such blind spots could potentially jeopardize the financial safety and stability of the government-sponsored enterprises (GSEs). percent of all applications.” percent from 7.90

Appraisal 76

Appraisal Contracts Architecture Mortgage 76

Hank Miller Team

JULY 12, 2023

During the pandemic, the government bought mortgage backed securities and artificially maintained those historically low interest rates. However, personal spending remains high and debt is piling up a record levels; the average car payment is pushing $750/mo before insurance, and that's for a 72 mo loan. Those numbers are rising again.

Housing Market 40

Housing Market Marketing Buyers Sellers 40

Eppraisal

JANUARY 23, 2024

However, first-time buyers tend to be more vulnerable to scams, from financing to maintenance and remodeling.  It's Some pretend to be with the government.  Other Homeownership is an exciting chapter of anyone's life.  It's not because new homeowners aren't savvy.

Legal 36

Legal Real Estate Agent Lending Real Estate 36

PennyMac

MARCH 4, 2024

When you work with a lender that provides this, you’re doing much of the legwork involved in obtaining a mortgage contract without actually finalizing it. Down Payment and Mortgage Insurance Most, but not all, home loans will require a down payment.

Loan Officers 65

Loan Officers Insurance Mortgage Sellers 65

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 401

Real Estate Insurance Law Real Estate Agent 401

PennyMac

JUNE 28, 2022

More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. Closing costs can apply to both the buyer and seller. Most of the fees involved in closing costs apply primarily to the buyer, so usually the buyer pays most of the closing costs.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Appraisal Today

MARCH 15, 2024

Is this add-on a fair addition to the fundamental, intrinsic value a buyer gets? And, is it yet one more question about the validity of the accepted (quasi-governmental) official ‘definition of value,’ where buyer’s price equals loan value? Is this add-on a fair addition to the fundamental, intrinsic value a buyer gets?

Appraisal 69

Appraisal Inspection Modernization Business 69

Appraisal Today

JUNE 23, 2023

Later disclosure to buyers), and appraiser data (only available to GSEs and can vary between appraisers). The models aren’t able to think like buyers and sellers. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.73 The problem? percent from 6.77

Appraisal 86

Appraisal Real Estate Valuation Contracts 86

Housing Wire

MARCH 7, 2022

Bidders were required to be cash buyers, or more precisely cryptocurrency buyers, or – more precisely still – have a virtual wallet on the Ethereum blockchain. Unlike currencies issued by a country’s government, cryptocurrency is digital and has no central administration. It represented LLC ownership of the property.

Real Estate 463

Real Estate Law Inspection Agents 463

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. percent from 5.98

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Quicken Loans

JANUARY 11, 2022

In other words, if you’re eligible to receive one of these government-backed loans, you’ll enjoy access to a plethora of helpful benefits such as lower monthly payments and the opportunity to avoid mortgage insurance.

Insurance 44

Insurance Finance Design Mortgage 44

The Robert Weiler Company

NOVEMBER 9, 2022

And determine whether the government plans any upgrades in the future; this is a telltale sign of an up-and-coming hot spot. Consider your desired demographic of customers or renters and buyers and which amenities they would desire; attractions such as restaurants, malls, community centers, family parks, beaches, etc. are a plus.

Transportation 78

Transportation Real Estate Supply Chain Investing 78

Town & Country Residential Appraisals

JANUARY 24, 2020

That’s a step towards mortgage insurance fraud and a lost license. They always come in at exactly the contract price. If agents have done their job, then the contract price should be close to the market value. We know that this is frustrating, however, it is the rule that governs the profession.

Appraisal 36

Appraisal Market Value Contracts Clients 36

Realtor

NOVEMBER 1, 2023

Getting under contract Signing a contract to purchase a home comes next. 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. Equal Opportunity Lender.

Real Estate Agent 127

Real Estate Agent Contracts Finance Real Estate 127

Will Springer Realtor

APRIL 10, 2024

Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M. This move, while aiming to “decouple” buyer and seller compensation, may inadvertently reduce transparency for consumers when reviewing home-sale listings.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Realtor

OCTOBER 29, 2020

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

Buyers Inspection Contracts Real Estate Agent 208

Housing Wire

JANUARY 17, 2024

That’s a role those government-sponsored enterprises (GSEs) have not played since prior to entering into conservatorship in the wake of the global financial crisis of 2007-2008. As a result of particularly Silicon Valley, the FDIC [ Federal Deposit Insurance Corp.

Marketing 346

Marketing Investors Mortgage Finance 346

Houston Properties

JANUARY 13, 2021

COVID-19 and subsequent government actions have dumped gasoline on wealth inequality in ways that we don’t fully understand yet. This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? If the main growth in personal income came from the government, can’t they just do that every year?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Miller Samuel

MARCH 19, 2019

FPI's apparent belief that most of the high-end development sold ended up as empty pied-a-terres while wealthy buyers bid up the prices is incorrect. In other words, the 30 percent price rise wasn’t a “bid up” by wealthy buyers; it was a massive shift in the type of housing stock that was being created and sold.

Real Estate 370

Real Estate Law Development Investors 370

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

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

Raleigh Realty

MAY 3, 2021

First-time home buyers have many advantages available to them when it comes to first-time home buyer mortgage programs. The challenges of buying a home as a recent college graduate are similar to that of buying a home as a government employee. Conventional loans are insured by private lenders. Try a USDA Loan The U.S.

Real Estate Agent 78

Real Estate Agent Real Estate Insurance Inspection 78

Realtor

OCTOBER 29, 2020

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 78

Buyers Inspection Contracts Real Estate Agent 78

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 80

Appraisal Contracts Insurance Construction 80

PennyMac

JANUARY 3, 2024

With a VA loan, there are: No down payment on home purchase loans* Lower closing cost limits Lower interest rates Relaxed credit requirements No monthly mortgage insurance premiums Already have a VA loan for your first home? For example, in a buyer's market, homes tend to remain listed for longer and may sell at a lower price.

Real Estate Agent 36

Real Estate Agent Buyers Real Estate Mortgage 36

Appraisal Today

OCTOBER 21, 2022

Check with your E&O insurance company to see if they offer tail coverage and what the requirements are. But what will happen in the future when buyers say they paid too much or lenders say the appraisal was too high or not USPAP compliant for appraisals you did in the past? 2022 business has been very slow for many appraisers.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

Appraisal Today

FEBRUARY 16, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. Sometimes buyers like them and sometimes not. Many people don’t like them. percent from 6.80

Appraisal 80

Appraisal Contracts Training Architecture 80