Will Springer Realtor

NOVEMBER 21, 2023

If attempts to get on the property ladder have been stymied by high financing costs, an answer may be “living” within your future home. Here’s a look at this innovative financing option that’s tailored for first-time buyers and others seeking to get their dream home. Flexible Terms. Default Risk.

Mortgage 65

Mortgage Legal Sellers Buyers 65

Movoto

APRIL 8, 2024

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.

Contracts 36

Contracts Real Estate Property Taxes Legal 36

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. A land contract, also known as a land installment contract, is an executory financing agreement between a seller and a buyer.

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

FEBRUARY 9, 2021

Both sellers and buyers have a lot to lose. Are you solving for the seller, the buyer, the agent, or another industry pro? All facets of real estate transactions, from appraisals and advice to financing and insuring, are highly regulated. Emotions run high. Ownership is personal. But are you doing it within the rules?

Real Estate 469

Real Estate Agents Technology Sellers 469

Realtor

NOVEMBER 16, 2017

Most of the buyers I work with don’t have extra resources available, so the fact that they can purchase a home with zero down makes the transaction feasible,” says Benny Dinsmore , a Realtor® with Coldwell Banker in Frisco, TX. No mortgage insurance. FHA loans come with their own forms of mortgage insurance. Title insurance.

Insurance 146

Insurance Appraisal Buyers Real Estate 146

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

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. In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership. Subsequently, the process of conveyance must proceed.

Development 36

Development Counter Offer Easement Legal 36

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. Your offer will only become legally binding if the seller signs it. Buy New Homeowners Insurance Call an insurer about getting a policy for your new home.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

McKissock

MAY 15, 2023

Don’t assume that because you know real estate from an appraiser’s perspective, that you can represent buyers or sellers successfully.) An online legal team such as Rocket Lawyer can provide templates for various legal documents, as well as personalized legal advice, for a monthly fee—usually less than $100.

Business 71

Business Appraisal Advertising Real Estate 71

Housing Wire

JULY 12, 2022

A certification lightens the legal liability of bias. 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. The mortgage industry, per the latest jobs report from the U.S.

Appraisal 407

Appraisal Inspection Real Estate Agent Training 407

Housing Wire

SEPTEMBER 14, 2023

Over one-third (34%) of prospective buyers have yet to purchase a home because there are not enough homes for sale in their budget, according to a new survey from the National Association of Realtors. In the realtor survey, Millennials were the largest home buyer generation represented.

Buyers 437

Buyers Inventory Realtors Finance 437

Realtor

NOVEMBER 16, 2017

Most of the buyers I work with don’t have extra resources available, so the fact that they can purchase a home with zero down makes the transaction feasible,” says Benny Dinsmore , a Realtor® with Coldwell Banker in Frisco, TX. No mortgage insurance. FHA loans come with their own forms of mortgage insurance. Title insurance.

Insurance 78

Insurance Appraisal Buyers Real Estate 78

Eppraisal

JANUARY 23, 2024

However, first-time buyers tend to be more vulnerable to scams, from financing to maintenance and remodeling.  It's     Phishing Scams Real estate phishing scams are becoming more common, putting agents and buyers on high alert. Homeownership is an exciting chapter of anyone's life.

Legal 36

Legal Real Estate Agent Lending Real Estate 36

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). There is administrative time involved, as well as legal factors. If buyers cannot get insurance or it is very expensive, it will affect value.

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

D Fritz Appraisals

OCTOBER 11, 2022

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. They are also used to assess the value of the home for home improvement loans and insurance evaluations. Mortgage financing and refinancing. Valuation for insurance claims.

Appraisal 105

Appraisal Inspection Property Taxes Easement 105

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

McKissock

SEPTEMBER 20, 2021

In its Standard of Practice 1-2, “client” means persons or entities with which the Realtor® has an “agency or legally recognized non-agency relationship.” This Case Interpretation of Article 7 involves an undisclosed dual agency, where the listing agent accepted compensation from the seller and buyer without disclosing it to the seller.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

APRIL 9, 2024

In today’s environment, homeowners are looking for new answers — and financing platforms — to solve that puzzle. Alternatives to conventional financing are in demand, and in parallel, emerging players have created avenues for capital to join an efficient, rapidly-emerging, and fintech-driven asset class. Not if, but how big?

Investors 436

Investors Investing Real Estate Finance 436

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 460

Real Estate Agent Loan Officers Real Estate Agents 460

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 407

Real Estate Insurance Law Real Estate Agent 407

McKissock

APRIL 3, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Assurance Financial

NOVEMBER 9, 2021

However, tiny houses can come with big challenges for financing since their small size makes them ineligible for many mortgage and insurance plans. From finding the right mortgage to finding a legal place to store your home, you must understand the unique financial demands of a tiny house and prepare for challenges ahead of time.

Mortgage 36

Mortgage Finance Transportation Insurance 36

Movoto

FEBRUARY 23, 2024

Should you find that your move will drain your finances and leave you without employment, it might be best to hold off until you’re better prepared financially. Consider insurance options the moving company offers for added peace of mind or with providers like U-Haul if physically moving household affects yourself.

Legal 36

Legal Property Taxes Insurance Landlords 36

D Fritz Appraisals

JANUARY 8, 2022

With commercial drone use now legal in Canada, it’s worth considering whether drone photography and videography is also helpful for real estate appraisal inspections. The more information and detail you include on the report and the more you can show the lender and the owner / potential buyer, the better. What is Drone Photography?

Real Estate 88

Real Estate Appraisal Inspection Real Estate Agent 88

Housing Wire

JULY 14, 2022

This narrative was once again repeated in the HousingWire article announcing the FHA first-look program: “Typically, FHA-insured foreclosed properties are snatched up by large investors and turned into rental properties.”. Net owner-occupancy rates. Most of these reverted REOs are eventually sold via the Multiple Listing Service (MLS).

Renovations 370

Renovations Investors Buyers Retail 370

Lamacchia Realty

DECEMBER 19, 2023

Plan Your Finances Wisely Transitioning from your current home to a 55+ community requires thoughtful financial planning to ensure a comfortable and sustainable lifestyle. You must update your details with government bodies, service providers, banks, and insurance companies.

Transportation 57

Transportation Real Estate Logistics Legal 57

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. And if you're looking at a popular house, you could lose out to a more prepared buyer.

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Government Real Estate Agent Insurance Property Taxes 148

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. Generally, listing agents extract a commission from the homeseller and then split it with the buyer’s agent. It represented LLC ownership of the property.

Real Estate 481

Real Estate Law Inspection Agents 481

Assurance Financial

DECEMBER 20, 2021

According to Freddie Mac, almost 90% of American homeowners finance their homes with a 30-year mortgage. To pay for the rest of the mortgage, the closing manager sets up an escrow account into which the buyer will deposit their payment. Waiting for the right buyer while paying for two properties can be a lot to handle.

Mortgage 74

Mortgage Sellers Buyers Finance 74

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

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.

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Quicken Loans

NOVEMBER 22, 2021

It offers the chance to get into a home without a down payment and a one-time funding fee in place of mortgage insurance. No private mortgage insurance (PMI). While VA loans are a beneficial form of financing for many military service members, there are certain requirements they must meet. Lower than average interest rates.

Property Taxes 60

Property Taxes Sellers Finance Insurance 60

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. The lender initiates legal proceedings against the borrower to foreclose on the property. Step 2: Find a Lender and Discuss REO Financing.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

The Robert Weiler Company

SEPTEMBER 30, 2020

The physical, legal, or economic descriptions of the property are in question. 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. It isn’t clear who owns the appraised property. A public project is being conducted.

Real Estate 137

Real Estate Appraisal Property Appraisal Valuation 137

The Robert Weiler Company

OCTOBER 15, 2021

Having a keen sense of these factors off the bat helps property or land buyers determine the predicted economic atmosphere within the coming years. For first time buyers, hiring a property manager is recommended. Problems arise when tenants try to act on these provisions while the purchaser is unaware of the legalities.

Investing 138

Investing Real Estate Tenants Investors 138

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

Realvals

JUNE 18, 2023

This helps them determine the loan-to-value ratio and assess the risk associated with financing the property. And third, to prove your property’s worth to potential buyers. Armed with this information, you’ll be able to set a competitive price that will attract buyers and maximize the sale. This is also incorrect.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145