Housing Wire

APRIL 20, 2021

“They got their lunch handed to them — it was lose, lose, lose, lose,” said David Snover, the mortgage originator Patrick worked with. Patrick, a first-time homebuyer, was competing with buyers who were waiving basic contingency requirements and/or putting in offers that far exceeded the seller’s asking price. Already a member?

Renovations 437

Renovations Real Estate Agent Construction Buyers 437

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 437

Real Estate Agents Marketing Sellers 437

Appraisal Buzz

APRIL 30, 2024

In today’s mortgage landscape, mortgage loan originators (MLOs) must find their way to success through an increasingly complex and difficult market. Having a strong product base can help buyers access more homes and can establish an MLO as a trusted advisor in more complex home buying processes.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

MARCH 2, 2021

You want to make a few preparations to attract the most potential buyers. 5 reasons to refinance your mortgage right now. Four renovations to consider before selling your house. Dust accumulates and you don’t want a potential buyer to find dust on the ceiling or smudges on the windows. More for Real Estate Enthusiasts.

Decorating 501

Decorating Renovations Buyers Sellers 501

Housing Wire

JULY 3, 2023

PrimeLending , a Texas-based retail mortgage bank, aims to expand its market share by growing within its existing footprint in a margin-thinning environment. PrimeLending, led by president and CEO Steve Thompson, ranked as the 34th largest mortgage lender in the first quarter of 2023, with an estimated origination volume of $1.73

Loan Officers 369

Loan Officers Marketing Retail Renovations 369

Lamacchia Realty

FEBRUARY 8, 2022

When buyers are in the process of finding their perfect home, they often realize that finding a home that checks all of the boxes, has a great layout, and is aesthetically pleasing is easier said than done, especially if you’re a first-time homebuyer on a budget. When in doubt, get your permits.

Renovations 74

Renovations Buyers Finance Home Improvement 74

Housing Wire

JUNE 1, 2021

The provisions are the Biden administration’s latest effort to combat the racial wealth gap, which Fudge called attention to during recent remarks to the Mortgage Bankers Association. In order for investors to qualify for the credit, buyers must make no more than 140% of area median income.

Renovations 505

Renovations Development Investors Legal 505

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. Appraisals are required for homes financed with any type of mortgage. Getting approved for a mortgage depends largely on the outcome of an appraisal. Mortgage lenders want to make sure the property is worth the sale price.

Real Estate 446

Real Estate Appraisal Agents Inspection 446

Housing Wire

NOVEMBER 1, 2022

As mortgage rates hit 7% and above, loan officers are seeing new borrowers increasingly interested in options that can help reduce their initial mortgage payments. Generally speaking, a buydown is a real estate financing technique that makes it easier for a borrower to qualify for a mortgage with a lower interest rate.

Loan Officers 437

Loan Officers Sellers Clients Buyers 437

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. According to data from the Mortgage Bankers Association, the average purchase price had risen to $384,000 as of May. Acra Lending is doing what it can to help free up inventory. 3-month bank statement.

Housing Market 427

Housing Market Marketing Inventory Lending 427

Quicken Loans

JUNE 17, 2021

Did you know that paying cash rather than getting a mortgage could help you win a bidding war when buying a new home? After all, cash in hand is a sure thing, and a mortgage approval isn’t always guaranteed. The good news is you can get the best of both worlds with delayed financing, a cash-out refinance option for recent cash buyers.

Finance 68

Finance Buyers Real Estate Investing 68

Eppraisal

AUGUST 25, 2023

In the ever-fluctuating world of real estate, buyers often face a multitude of challenges. These factors can make the homebuying process more complex, but with the right strategies, prospective buyers can still find success in this competitive market. A home in need of renovations could be a hidden gem that other buyers overlook.

Inventory 69

Inventory Real Estate Buyers Renovations 69

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. If your house is priced too high, it will turn buyers off, but if it’s too low, people may wonder what’s wrong with it. You don’t sell your home to the wholesaler; the contract gets transferred to a buyer the wholesaler finds for you.

Real Estate Agent 406

Real Estate Agent Tenants Real Estate Agents 406

Realtor

APRIL 14, 2021

This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at Homebridge Financial Services. ” And did we mention that economists expect mortgage rates to rise? Experts say p otential buyers should make pre-approval their first step.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

Housing Wire

APRIL 9, 2021

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. WRRE also will help them buy, finance and insure their next home purchase, with mortgage closing times in as few as eight days, considerably faster than the industry average.

Brokerage 407

Brokerage Real Estate Clients Insurance 407

Housing Wire

AUGUST 4, 2023

Indicators of manufacturing and service sector health remain lackluster, measures of inflation have moved lower, while GDP growth in the second quarter was stronger than expected and consumer spending remains resilient,” said Mortgage Bankers Association VP and Deputy Chief Economist Joel Kan.

Marketing 349

Marketing Construction Renovations Home Improvement 349

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “Significant untapped growth potential,” touts a slide in an Offerpad Solutions Inc.

Marketing 417

Marketing Inventory Renovations Investors 417

Will Springer Realtor

OCTOBER 17, 2023

Whether you’re looking in Belltown or Bellevue, Bothell or Burien, buyers need to save up a whole lot of money before seriously considering a first-time home purchase. There are programs established by state and local governments that provide buyers – mostly first-timers – with assistance to make a down payment or meet closing costs.

Buyers 64

Buyers Government Finance Mortgage 64

Lamacchia Realty

AUGUST 12, 2021

By making updates, the buyer is able to meet or exceed current market standards and build equity in their property faster. Before purchasing a fixer-upper, consider the following: Structural Work – Structural work tends to be the most expensive cost associated with buying and renovating a fixer-upper. Traveling a lot?

Renovations 69

Renovations Finance Inspection Buyers 69

Housing Wire

FEBRUARY 24, 2021

Consumers today expect access to instant information and don’t want to spend lots of time making calls to coordinate showings or filling out paperwork to get a mortgage. This has heightened the need for digital tools for marketing, viewing, financing and closing on home purchases.

Real Estate Agent 345

Real Estate Agent Real Estate Agents Loan Officers 345

Zillow

JUNE 10, 2019

In today's market, many buyers forego fixer-uppers for move-in ready homes. That said, I often recommend that buyers live in a new home for a while before undertaking any major remodeling or pricey home improvements. Buying a home is a massive project, an enormous change in your life and a shock to the system - if not your finances.

Renovations 36

Renovations Home Improvement Design Buyers 36

Realtor

APRIL 14, 2021

This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at HomeTown. ” And did we mention that economists expect mortgage rates to rise? Experts say p otential buyers should make pre-approval their first step.

Mortgage 78

Mortgage Real Estate Agent Buyers Real Estate 78

Realtor

FEBRUARY 11, 2021

One of the major benefits of being a homeowner is building equity with each mortgage payment, instead of putting money into your landlord’s pocket. Will you even qualify for a mortgage? Unless you have enough money in the bank to buy a house with cash, you’ll need a mortgage. How important is the freedom to renovate?

Property Taxes 218

Property Taxes Inspection Landlords Renovations 218

Assurance Financial

DECEMBER 20, 2021

There are many factors to consider when selling a home, and you may be wondering what happens to your mortgage when you move. After all, the 2018 American Community Survey found that the median length of time homeowners stayed in their homes was 13 years, a shorter length of time than most mortgage terms.

Mortgage 74

Mortgage Sellers Buyers Finance 74

East Coast Appraisal

SEPTEMBER 12, 2022

Private mortgage insurance, or PMI, allows lenders to offer home loans to buyers without the traditional 20 percent down payment. This insurance covers the risk of financing a mortgage with less equity from the buyer. Should a buyer fail to make payments later on, PMI helps the lender recover its losses.

Appraisal 52

Appraisal Renovations Insurance Home Value 52

Housing Wire

FEBRUARY 8, 2024

Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City. Here, Nicholson promises excellence, knowledge and personalized results for discerning buyers and sellers. She underscores her expertise and global experience.

Real Estate Agent 405

Real Estate Agent Real Estate Agents Clients 405

On Q Financial

MARCH 4, 2022

Bank sales: When a homeowner defaults on their mortgage, the bank may directly sell the foreclosed home. Short sales: A short sale is when the lender agrees to accept less money than what’s owed on the mortgage. Wondering How to Finance Your Next Investment? Have your finances in order. Be prepared to pay with cash.

Buyers 68

Buyers Finance Investing Real Estate 68

Realtor

FEBRUARY 22, 2019

If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. To get a mortgage, you’ll need a home appraisal because the home serves as collateral for your lender. Then the buyer pays the fee in the closing costs.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. To get a mortgage, you’ll need a home appraisal because the home serves as collateral for your lender. Then the buyer pays the fee in the closing costs.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Eppraisal

AUGUST 18, 2023

The rental income can help cover your mortgage and other expenses, effectively reducing your living costs and freeing up more funds for future investments. Leverage Real Estate Financing Options Mortgages and other real estate financing options can make investing feasible even with limited savings.

Real Estate 66

Real Estate Investing Investors Finance 66

Raleigh Realty

FEBRUARY 2, 2022

Here are strategies to help with your requests for negotiating repairs after a home inspection Negotiating repairs after a home inspection doesn't have to be difficult, especially when you follow these 7 tips When an offer is accepted on a home, it can be easy for both buyers and sellers to feel that they’re at the end of the finish line.

Inspection 158

Inspection Sellers Buyers Realtors 158

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

Realtor

FEBRUARY 11, 2021

One of the major benefits of being a homeowner is building equity with each mortgage payment, instead of putting money into your landlord’s pocket. Will you even qualify for a mortgage? Unless you have enough money in the bank to buy a house with cash, you’ll need a mortgage. How important is the freedom to renovate?

Property Taxes 78

Property Taxes Inspection Landlords Renovations 78

Quicken Loans

JUNE 10, 2021

Immediately, the question arises: How do you start the process of getting a mortgage loan? If you’re buying for the first time , the mortgage loan process can be confusing and unfamiliar. 9 Steps To Getting A Mortgage. 9 Steps To Getting A Mortgage. At Rocket Mortgage ? , Documentation of your current mortgage.

Mortgage 68

Mortgage Real Estate Agent Sellers Appraisal 68

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 78

Inspection Insurance Buyers Renovations 78

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 lending scams include interest rate offers much lower than average and monthly mortgage payment scams.

Legal 36

Legal Real Estate Agent Lending Real Estate 36

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. Financial institutes or mortgage lenders will require an appraisal to ensure the home is worth the amount of money being requested in the loan or mortgage. Renovation loan assessments.

Appraisal 105

Appraisal Inspection Property Taxes Easement 105