Housing Wire

FEBRUARY 14, 2024

If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+? How do you convince the sellers of $15 million homes to work with you? Don’t try to do everything or be everything to everyone!

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Real Estate Agent Real Estate Agents Luxury Properties 417

Eppraisal

JANUARY 31, 2023

However, buyers must consider the cash flow of their business or household while taking an accurate measure of their assets. Also, if you plan to buy more land for future homes, you may want to conserve your own funds if a land loan is readily available. A finance strategy that makes sense will vary from person to person.

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Eppraisal

JANUARY 24, 2023

This series will look at locating the right land; navigating through the purchasing process; engaging a lender to finance the purchase; developing the land in compliance with federal, state and local laws; and re-selling the improved property at  the right time. Access is a big issue for home buyers.

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Development Easement Real Estate Home Value 36

Housing Wire

JUNE 24, 2021

Buyside’s new feature enables the millions of homeowners who are currently receiving a Home Valuation Report from Buyside, to now see a personalized Home Equity Dashboard. According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer.

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Valuation Real Estate Agent Real Estate Clients 391

Eppraisal

JANUARY 29, 2023

Once a suitable piece of vacant land becomes available, a prospective buyer must then determine what price is worth the acquisition. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. All of these variables can influence the final price paid as well as future home values.

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Eppraisal

NOVEMBER 2, 2021

Buying a home can be one of the most exciting times in your life. Finding a real estate agent who specializes in working with buyers is critical. Working with buyers requires a different skill-set than working with sellers. A sellers agent's job is to market and sell a client's home.

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Housing Wire

FEBRUARY 1, 2023

Nunziata explained that offering prospective homebuyers a $10,000 discount off the sales price of a $400,000 home, for example, will save the buyer about $60 a month on his or her mortgage payment. “So, You can see that’s a really big impact for that first-time buyer, giving them the ability to kind of ease into that payment.”

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Marketing Government Mortgage Sellers 407

Eppraisal

MARCH 13, 2021

The real estate market is hot right now with pent-up buyer demand from 2020. According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. They work extra hard for the buyers they have an Exclusive Buyer Broker Agreement with.

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Housing Wire

DECEMBER 16, 2022

For a home valued at $250,000, the cost of an owner’s title insurance policy would be just 11 cents a day on a 30-year mortgage. ALTA was proud to work closely with the Consumer Financial Protection Bureau (CFPB) to help develop these regulations, which went into effect in 2015. Diane Tomb, ALTA CEO Contributor.

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Insurance Government Legal Fees Real Estate 469

Housing Wire

OCTOBER 9, 2023

What if he could help other people find personal fulfillment and reduce stress while providing something of value that might lead them to work with Guaranteed Rate in the future? Users can compare current mortgage rates , and use a mortgage payment calculator, a home-value estimator and online loan applications.

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Loan Officers Mortgage Technology Realtors 417

Housing Wire

JUNE 10, 2022

Buyer morale is at an all-time low for good reason. Affordability from a home price/down payment perspective is the worst it’s ever been, meaning extreme barriers to entry,” according to a Bank of America Global Research note published in March. To read the full issue, go here.

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Real Estate Buyers Mortgage Insurance 395

Raleigh Realty

AUGUST 13, 2022

This home is less than a mile from Downtown Raleigh, NC, and with the growth of the city, there are plenty of buyers raising their hands to buy in this location. They are great cities to live in Everyone seemingly wants to live downtown, especially millennials and millennials make up more than 60 of all buyers.

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Real Estate Transportation Training Investing 148

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Another issue that led to the housing crash of 2008, was unqualified buyers who were able to secure mortgages on homes they couldn’t really afford. Or buyers are walking away from the deal. No one knows what the future holds.

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Inventory Market Value Appraisal Contracts 243

Cleveland Appraisal Blog

JUNE 25, 2021

Homes suffer from physical deterioration at different rates depending on how well the home is maintained and improved. . Functional depreciation results when buyers pay less for a home, in comparison to other similar homes, because some aspect of it is less functional than other generally similar homes.

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Market Value Appraisal Marketing Buyers 244

Eppraisal

FEBRUARY 15, 2022

In general, the more of these that have not been pre-paid, the more cash the buyers have to bring. Department of Housing and Urban Development (HUD) makes money available to state and local housing commissions for the purpose of assisting first-time buyers with obligations related to real estate settlement.

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Sellers Home Value Finance Buyers 69

Birmingham Appraisal

MARCH 21, 2023

If there is high demand for properties in a particular area, it can lead to a higher appraisal value. Similarly, if there is a low demand for properties in an area, it can lead to a lower appraisal value. Over the past several years we had a big increase in demand due to buyers taking advantage of lower interest rates.

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Real Estate Appraisal Marketing Market Value 86

Eppraisal

DECEMBER 6, 2022

An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. In this post, we talk about how issues near and far play a role in home sales. Such a development takes a large portion of the potential home buyer population out of play.

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Real Estate Marketing Home Value Realtors 69

Housing Wire

APRIL 26, 2022

Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints. On the high end, one bHome-funded crypto-mortgage involves an $820,000 mortgage and lien on a California home valued at $20 million.

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Mortgage Technology Investing Investors 446

Hank Miller Team

NOVEMBER 13, 2023

Pickleball Can Impact Home Value Some home owners living in close proximity to parks, community rec facilities or subdivision amenities are beginning to find this pop pop pop annoying. Living in close proximity to community amenities or recreation facilities is a double edged sword and one that home buyers need to consider.

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Buyers Training Home Value Development 52

Eppraisal

APRIL 29, 2022

Living on a premium lot often comes with a healthy price tag, however, home value is most always sure to increase above average.  We'll  We'll take a brief look at the various types of premium lots, some more favorable to certain buyers than others. A Pond or Other Bodies of Water Are you fond of the water?

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Retail Home Value Development Buyers 36

Eppraisal

NOVEMBER 30, 2021

Housing starts increased right along with home values in 2021. Many national builder developments across the country are selling homes faster than they have in some time. PulteGroup, NVR, and KB Home. These national builders have a system in place for the buyers who purchase their homes.

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Contracts Home Value Design Development 36

Clear Capital

NOVEMBER 15, 2021

Anytime a house sells to a buyer who is financing their purchase, the lender will require a third-party appraisal to verify the value of the property and determine what they’re willing to lend. And you can always get a free online home value estimate as a starting point.

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Appraisal Real Estate Sellers Home Value 36

Eppraisal

SEPTEMBER 22, 2021

over last year, while the total inventory of unsold homes, including pending listings, declined by 13.8%. There is a record number of buyers on the market to buy homes. Millennials and first-time homebuyers are coming of age and are now more financially qualified to purchase homes. There weren't near as many buyers.

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Real Estate Marketing Inventory Home Value 45

Raleigh Realty

FEBRUARY 19, 2022

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

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Appraisal Process Appraisal Construction Sellers 139

PennyMac

OCTOBER 10, 2023

They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report. Home Appraisal Cost While home appraisal costs can vary by state and property size, the fee can range between $300 and $1,200.

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Appraisal Real Estate Agent Renovations Home Value 69

Listing Spark

FEBRUARY 27, 2024

of the home’s value on closing costs—putting the cost of doing business at $26,850 based on the median home value. A hefty 69% of that is for real estate commission fees alone, as the seller is traditionally responsible for paying the buyer’s agent (3%) and your agent (3%).

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Agents Tools Open Houses Sellers 36

Zillow

JULY 15, 2019

Buyers market : Market conditions that exist when homes for sale outnumber buyers. Homes sit on the market a long time, and prices drop. 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.

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Real Estate Agent Insurance Inspection Buyers 56

McKissock

MARCH 22, 2022

You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. That will depend on the extent of the differences between the green home and other types of houses in the neighborhood. Assess the perceived value by buyers.

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Appraisal Design Appraisal Process Market Value 90

Housing Wire

MAY 2, 2021

Using an AVM helps lenders quickly and accurately get an independent assessment of collateral value, which can streamline the home buying process for them and the borrower. Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle.

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Valuation Home Value Lending Technology 378

Housing Wire

JULY 21, 2021

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My

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Real Estate Investors Market Value Home Value 462

Chicagoland Appraisal Blog

JANUARY 21, 2020

What’s more, a proper appraisal will identify and should apply the costs associated with these upgrades in the appraisal of the home. A new kitchen is great, but if the roof leaks or you can’t heat it, you’re going to have some unhappy home buyers. . and that is extra equity for the homeowner.

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Real Estate Appraisal Home Value Real Estate Agent 78

Cleveland Appraisal Blog

FEBRUARY 4, 2021

Since many people are using these types of companies to sell their homes now, I have to now check with these sites to see if the home I am appraising is, or was, listed on one of these sites, in addition to the MLS. Since AVM’s base their values upon data from the market, at times they can be accurate.

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Advertising Valuation Appraisal Renovations 198

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

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Appraisal Inspection Property Taxes Easement 105

Empire Appraisal Group

APRIL 1, 2021

The thought is that light rail access is a valuable amenity that all savvy home buyers should want, right? The Results Are In And Light Rail Does This to Property Values…. In addition to being an agent, he has a background in fix and flips, land development, and private lending. IMAGE BY LOREN BISER FROM PIXABAY.

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Training Investors Real Estate Investing 78

Housing Wire

MARCH 23, 2022

month-over-month in January , new home sales were down again in February, decreasing 2.0% Department of Housing and Urban Development and the U.S. Year-over-year, new home sales were down 6.2% At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3

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Supply Chain Housing Market Buyers Construction 383

Appraisal Today

JUNE 23, 2023

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making. The models aren’t able to think like buyers and sellers.

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Appraisal Real Estate Valuation Contracts 86

Appraisal Partners Blog

FEBRUARY 4, 2020

What’s more, a proper appraisal will identify and should apply the costs associated with these upgrades in the appraisal of the home. A new kitchen is great, but if the roof leaks or you can’t heat it, you’re going to have some unhappy home buyers. and that is extra equity for the homeowner. Originally Published on Redfin.

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Real Estate Appraisal Home Value Real Estate Agent 60