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 441

Mortgage Renovations Appraisal Process Finance 441

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. Then, we have all the traditional financing options, including jumbo.”

Mortgage 473

Mortgage Real Estate Agent Renovations Finance 473

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

MARCH 2, 2021

You want to make a few preparations to attract the most potential buyers. 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. A bad smell can deter a potential buyer, which isn’t what you want.

Decorating 504

Decorating Renovations Buyers Sellers 504

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 441

Real Estate Agents Marketing Sellers 441

Housing Wire

JUNE 1, 2021

Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. In order for investors to qualify for the credit, buyers must make no more than 140% of area median income. The renovations would be on a budget, however.

Renovations 508

Renovations Development Investors Legal 508

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

Renovations 58

Renovations Supply Chain Construction Home Improvement 58

Housing Wire

JULY 3, 2023

billion, according to data from Inside Mortgage Finance. While the 30-year fixed-rate mortgages are the bread-and-butter products for PrimeLending (accounting for about 95% of origination volume), down payment assistance programs, renovation loans and temporary rate-buydowns have become popular options for buyers, Lugat noted.

Loan Officers 370

Loan Officers Marketing Retail Renovations 370

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. No repairs, no costs.

Renovations 221

Renovations Buyers Appraisal Investing 221

Housing Wire

SEPTEMBER 24, 2021

They come with lots of hassle and overhead costs, and the process just isn’t efficient — for the buyer or for the lender. The company has created a new vertical of loans and an entirely new LOS designed just for borrowers looking to purchase a home and renovate it to put back on the market.

Lending 431

Lending Renovations Finance Investors 431

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. If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. The negotiations were successful, and a deal has been reached.

Real Estate 450

Real Estate Appraisal Agents Inspection 450

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

Quicken Loans

JUNE 17, 2021

The good news is you can get the best of both worlds with delayed financing, a cash-out refinance option for recent cash buyers. What Is Delayed Financing? What if you had major renovations for your new home in mind? When Would You Use Delayed Financing? Pros Of Using Delayed Financing. Build Credit.

Finance 68

Finance Buyers Real Estate Investing 68

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. By providing jumbo loans, lenders like Acra are able to make those higher-priced homes available as an option for home buyers. Acra Lending is doing what it can to help free up inventory. Fix’n’flip.

Housing Market 432

Housing Market Marketing Inventory Lending 432

Housing Wire

NOVEMBER 1, 2022

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. That money can be used to furnish or renovate their new home, or go toward saving for other financial goals. So what is a 2/1 rate buydown? Alternatives to a rate buydown.

Loan Officers 441

Loan Officers Sellers Clients Buyers 441

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 410

Real Estate Agent Tenants Real Estate Agents 410

Housing Wire

FEBRUARY 8, 2022

In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Both properties sold to owner-occupant buyers for under $150,000 apiece. “I Owner-occupants purchased renovated foreclosures for an average price of $261,543 in 2020 and 2021 combined.

Renovations 370

Renovations Buyers Development Design 370

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 421

Marketing Inventory Renovations Investors 421

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

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

Zillow

FEBRUARY 15, 2019

If you’re feeling discontent with your home, you may be thinking about renovating … or getting out entirely. Should You Renovate or Sell? Consider renovating. Before you begin, be sure to: Create a renovation budget and determine how you’ll finance the project. Assemble your renovation team.

Renovations 36

Renovations Home Improvement Inspection Real Estate 36

Housing Wire

MARCH 12, 2021

It’s important for first-time homebuyers to consider their finances when purchasing a home. Not only do home prices vary per city, but so does gas, school tuition, renovators and contractors. Weighted home price: $69,435 Median household income: $38,972.

Renovations 384

Renovations Housing Market Real Estate Finance 384

Housing Wire

AUGUST 4, 2023

Hale expects more “coping strategies” on the buyer’s end, such as moving further away to find affordability. As existing homeowners remain rate-locked into their homes with no financial incentive to move, homeowners are likely to increasingly turn to renovating their homes to suit their evolving needs, added Potapov.

Marketing 369

Marketing Construction Renovations Home Improvement 369

Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Loan Officers 369

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 63

Buyers Government Finance Mortgage 63

Housing Wire

APRIL 9, 2021

Using another new tool, called “Raveis Refresh,” WRRE prepares the home for sale by making any necessary upgrades and renovations to maximize the home’s value and ensure that it sells above market average and quickly. Its agents are tasked with marketing and selling the home, using their local expertise, Raveis said. .

Brokerage 410

Brokerage Real Estate Clients Insurance 410

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 410

Real Estate Agent Real Estate Agents Clients 410

Birmingham Appraisal

JUNE 21, 2023

Condition: The overall condition of a property, including its structural integrity, maintenance, and any necessary repairs or renovations, affects its appraisal value. Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers. Here are some valuable insights and tips: 1.

Real Estate Agent 75

Real Estate Agent Real Estate Agents Appraisal 75

Realtor

APRIL 14, 2021

” The changes in everyday life due to the pandemic have placed a greater emphasis on the value of a home, says Rick Rudman , CEO at Curbio, a home renovation technology company. 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.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

On Q Financial

MARCH 4, 2022

Wondering How to Finance Your Next Investment? It could be a good deal if there aren’t too many issues to fix up, and you can make the home your own through renovations! Most foreclosed homes are sold through auctions, and many banks won’t finance the purchase of a foreclosed home. Have your finances in order.

Buyers 68

Buyers Finance Investing Real Estate 68

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

Housing Wire

OCTOBER 3, 2023

BH: I have heard some comments from CoStar about how Homes.com is well positioned for success regardless of what happens with the buyer broker compensation lawsuits. If the buyer broker commission rules goes away that revenue model for the portals goes away for sure. Could you elaborate on this?

Buyers 410

Buyers Real Estate Agents Business 410

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

Glascock Company

DECEMBER 11, 2020

There is less wiggle room because auctions motivate buyers to act quickly — plain and simple. This helps to simplify the sales process by preventing any ongoing showings and reels in buyers to act by the deadline. Buyers Purchase Property For Sale As-Is. Buyer Pays All Real Estate Commissions. There are No Contingencies.

Sellers 78

Sellers Inspection Real Estate Buyers 78

Realtor

FEBRUARY 11, 2021

If not, you should first spend some time shoring up your finances. Qualifying for financing is a critical part of the home-buying journey. How important is the freedom to renovate? Owning a home gives you the freedom to renovate and decorate to your heart’s content. based in Troy, MI. You can also use the realtor.com®

Property Taxes 218

Property Taxes Inspection Landlords Renovations 218

Eppraisal

AUGUST 18, 2023

Leverage Real Estate Financing Options Mortgages and other real estate financing options can make investing feasible even with limited savings. Explore various loan programs designed for first-time buyers or real estate investors. Look for properties in need of renovation or repair, as they often come at discounted prices.

Real Estate 66

Real Estate Investing Investors Finance 66

Movoto

APRIL 30, 2024

You’ll likely need to perform regular upkeep when still living in the house, which also helps ensure that repairs and renovations go smoothly. Overpricing discourages buyers and lengthens selling time. Consider a professional appraisal for extra accuracy, though a buyer’s appraisal will likely still be required.

Real Estate 36

Real Estate Real Estate Agent Buyers Realtors 36