Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

Real Estate 432

Real Estate Agents Marketing Sellers 432

Housing Wire

MAY 25, 2023

Longbridge Financial, LLC, (NMLS #957935) believes that the answer to this dilemma is the HECM/Reverse for Purchase financing option. Most real estate agents, builders and potential customers have no idea that this financing option exists to purchase homes,” he said. Why is this market underserved?

Loan Officers 391

Loan Officers Real Estate Agent Real Estate Finance 391

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house.

Inspection 402

Inspection Real Estate Agent Real Estate Insurance 402

Housing Wire

NOVEMBER 13, 2023

In recent years, the value proposition of title insurance has come under attack following Fannie Mae’s announcement that it would accept attorney opinion letters in lieu of title insurance, as well as Fannie Mae and Freddie Mac’s title waiver programs , which were eventually scrapped. “If

Insurance 408

Insurance Real Estate Agents Real Estate Agent 408

Housing Wire

JANUARY 9, 2024

Like the other copycat commission lawsuits, the plaintiff James Tuccori, an Illinois resident who purchased a home listed on the local MLS in 2018 with the help of an @properties agent, is accusing real estate industry players of colluding to artificially inflate real estate agent commissions.

Property Management 393

Property Management Real Estate Agents Brokerage 393

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Join a real estate team that can handle administrative work. “If

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

DECEMBER 21, 2023

Benefits can include: No down payment Competitive interest rates No private mortgage insurance (PMI) Limited or no closing costs Funding fee waived for service-connected disabled veterans More favorable credit criteria Loan types There are a number of VA loan options to meet the needs of today’s veteran buyers, including purchase and refinance.

Mortgage 433

Mortgage Renovations Appraisal Process Finance 433

Realtor

OCTOBER 16, 2023

It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida. for first-time buyers is $12,274 (around 6%), in addition to $1,983 in closing costs.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

JUNE 1, 2023

The Federal Housing Finance Agency (FHFA) officially implemented an updated pricing framework for Loan-Level Price Adjustments (LLPAs) in May to improve homeownership prospects for first-time homebuyers with lower income and weaker credit scores. It’s a simple goal, but as is often the case in U.S.

Loan Officers 362

Loan Officers Insurance Mortgage Real Estate Agent 362

Housing Wire

OCTOBER 16, 2023

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. It never will be. I’ll explain later.)

Agents 402

Agents Buyers Sellers Inventory 402

Housing Wire

NOVEMBER 8, 2021

“This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. Even under “normal” market conditions, VA buyers struggle to successfully purchase a home using their benefit.

Clients 392

Clients Agents Buyers Sellers 392

Housing Wire

DECEMBER 27, 2021

Some 15 years ago, real estate agents had only a few choices when deciding which real estate business model to choose. From virtual, capped models to low-fee and discount, agents can pick the company that best fits their needs. The event is exclusively for HW+ members, and you can go here to register.

Brokerage 379

Brokerage Real Estate Agents Finance 379

Housing Wire

OCTOBER 23, 2023

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. Clean data vs. dirty data So what data should be clean? Once an offer is accepted, the full due diligence stage commences.

Real Estate 375

Real Estate Brokerage Valuation Contracts 375

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 441

Real Estate Agent Loan Officers Real Estate Agents 441

Housing Wire

JULY 12, 2022

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. Bureau of Labor Statistics , hemorrhaged 5,000 jobs in May, Inside Mortgage Finance reported.

Appraisal 404

Appraisal Inspection Real Estate Agent Training 404

Raleigh Realty

AUGUST 17, 2021

It's important to note that real estate contracts and laws change depending on what state you are in. It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract.

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

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. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Realtor

APRIL 14, 2021

But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. 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. Get pre-approved ASAP. Understand appraisal gaps.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

McKissock

JULY 26, 2022

As a buyer agent , it is your job to be the voice of reason, the buffer, and sometimes the peacemaker. Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Constructing a real estate offer is an art. Property insurance.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

Eppraisal

DECEMBER 8, 2023

Assess Your Finances and Set a Realistic Budget The foundation of any successful home buying journey is a clear understanding of your financial situation. This not only gives you a clear idea of your budget but also makes you a more attractive buyer to sellers. Begin by evaluating your income, monthly expenses, and existing debts.

Buyers 36

Buyers Home Value Property Taxes Real Estate Agent 36

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. What Are Real Estate Sales Agreements? Should the buyer breach the contract (e.g.,

Contracts 36

Contracts Real Estate Property Taxes Legal 36

Housing Wire

DECEMBER 4, 2023

We’re writing today to address the unintended consequences that may result from the real estate agent commission dilemma stemming from recent lawsuits. There are multiple lawsuits challenging the prevailing structure of real estate agent commissions, and, as a result, there is no shortage of industry conversation on the topic.

Real Estate Agent 427

Real Estate Agent Agents Real Estate Sellers 427

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

Housing Wire

MAY 6, 2024

Title agents historically have felt like they played second fiddle to other players in the buying and selling of real estate. Regulators were suddenly curious about what exactly the industry contributed to a real estate transaction. This is how they make that happen.

Real Estate Agent 336

Real Estate Agent Real Estate Project Management Agents 336

Housing Wire

FEBRUARY 9, 2021

Both sellers and buyers have a lot to lose. These are major reasons behind the difficulty of innovating in consumer real estate. Are you solving for the seller, the buyer, the agent, or another industry pro? Emotions run high. Ownership is personal. But are you doing it within the rules? Handling a property title?

Real Estate 464

Real Estate Agents Technology Sellers 464

Realtor

AUGUST 1, 2018

An FHA loan—which allows the buyer to put down as little as 3.5%—sounded But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan. sounded like a dream come true. ” I asked.

Inspection 136

Inspection Insurance Buyers Renovations 136

Housing Wire

OCTOBER 9, 2023

AI-generated image of two lawyers scrutinizing title insurance joint venture agreements. In 1983 Jim Campbell launched what is believed to be the first joint venture experiment between a real estate brokerage and a title and settlement firm. Image was created using MidJourney.

Real Estate 433

Real Estate Insurance Brokerage Real Estate Agent 433

Raleigh Realty

AUGUST 27, 2021

Here's everything you need to know about buying a home Whether you are a first-time home buyer or a seasoned veteran of the housing market, buying a house is no small undertaking. There is nothing worse for a buyer than starting to look at homes online, falling in love with a few, then realizing that they are not in your budget.

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

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

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

Realtor

APRIL 14, 2021

But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. 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. Get pre-approved ASAP. Understand appraisal gaps.

Mortgage 78

Mortgage Real Estate Agent Buyers Real Estate 78

McKissock

APRIL 3, 2022

Bill Zielke, CMO of BitPay, has been handling crypto transactions in real estate for years where transactions are settled as soon as the next business day, involving no banks, and no traditional pay wires — and they’re completely secure. How Buyers Can Use Bitcoin to Buy Real Estate. Marketplace Platforms.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Housing Wire

SEPTEMBER 20, 2021

Radian Group recently announced the launching of its title insurance and closing services platform, titlegenius, in Arizona, California, Nevada, Ohio and Pennsylvania. The mortgage insurance and real estate services company first introduced titlegenius in Florida this past May. Presented by: FundingShield.

Insurance 335

Insurance Brokerage Real Estate Technology 335

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. Paul Hurst: In my new role, I’m responsible for evaluating – together with our business units – the most promising new spaces for innovation within the real estate and mortgage finance ecosystem. As of Sept.

Mortgage 361

Mortgage Real Estate Investing Technology 361

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). I first started writing a real estate column in the local newspaper back in the late 1980s but did not like it. What is your market like?

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

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

Movoto

JANUARY 31, 2022

You’ve worked with a real estate agent , toured an endless number of properties, got an offer accepted , navigated the mortgage process , and now you’re in the final stretch. The closing process typically involves a number of different parties: You: The buyer. Get excited! It’s time to close on your home.

Real Estate Agent 36

Real Estate Agent Sellers Insurance Buyers 36