Housing Wire

JUNE 22, 2021

These are the words real estate agents use when asked to describe the current state of the market and what it’s like to buy a home today. Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. If you’re an FHA or VA buyer, you don’t stand a chance.

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Housing Market Real Estate Agent Marketing Inventory 422

Lamacchia Realty

MARCH 9, 2022

WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION. A common issue that many sellers are not prepared to deal with is a buyer requesting repairs after the inspection. Why Do Buyers Request Repairs? Before someone purchases a home, a home inspection is typically done. Negotiating Repairs.

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Inspection Buyers Sellers Real Estate Agent 64

McKissock

JUNE 26, 2022

Part of knowing your audience as a real estate agent is anticipating what they need and expect from your services. Without accounting for your real estate clients’ common needs and expectations , you might be underperforming and risk losing their business. Manage the Inspection.

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Real Estate Agent Clients Real Estate Agents 66

Housing Wire

APRIL 22, 2024

There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! You can use other agents’ listings here, but be careful not to imply that you’re the agent. Are you considering selling your property?

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Real Estate Open Houses Brokerage Real Estate Agent 360

Miller Samuel

NOVEMBER 30, 2018

My friend and appraisal colleague Ryan Lundquist and I authored a petition on change.org to point out the growing wreckless behavior that is enveloping the mortgage process. There’s a proposal from the FDIC, Federal Reserve, and Treasury Department not to require appraisals for some mortgages under $400,000. Ever heard of straw buyers?

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Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. And so, they know the local real estate agents. Diagnosing low H4P uptake. Harlan Accola.

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Business Real Estate Agent Real Estate Loan Officers 350

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

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Appraisal Inspection Real Estate Agent Training 404

Housing Wire

APRIL 8, 2021

Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. This is a bit of a gamble since the buyer won’t know for sure if they have to use the money until after the appraisal.

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Inspection Sellers Buyers Tools 433

Realtor

JULY 13, 2021

Getty Images Buyers, we know it’s hard out there for you right now. All of this demand means buyers are going to ever-greater lengths to make their offer stand out. All of this demand means buyers are going to ever-greater lengths to make their offer stand out. Home inspection. Mold remediation.

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Inspection Real Estate Agent Real Estate Buyers 203

Housing Wire

OCTOBER 16, 2023

Zillow research also found that a majority of homeowners with mortgages have locked in a rate below 5%, and are almost half as likely to consider moving. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. But, how do we get them over the finish line when buying a home?

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Agents Buyers Sellers Inventory 397

D Fritz Appraisals

AUGUST 11, 2022

Due to demand for homes being highe r than supply, buyer preferences and buying methods have had to change and more people are resorting to buying real estate online or sight unseen. This sometimes generates bidding wars and buyers need to move as quickly as possible, otherwise, they could miss out.

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Real Estate Agent Inspection Real Estate Sellers 119

Hank Miller Team

NOVEMBER 22, 2022

Appraisers and home inspectors are important parts of a real estate transaction, but they serve completely different purposes. There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. What is a Real Estate Appraisal?

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Inspection Appraisal Buyers Sellers 52

Lamacchia Realty

AUGUST 15, 2023

WE BUY HOUSES: HOME CASH BUYER PROS AND CONS What is a Home Cash Buyer? Let’s face it, we’ve all seen the online ads and billboards (and we’ve definitely seen that certain famous caveman) for real estate businesses offering to buy your home quickly and with cash. In many cases, a home can be sold within days.

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Buyers Real Estate Agent Real Estate Realty 56

Housing Wire

MAY 31, 2021

A simple mistake could drastically slow down the process and frustrate lenders, home buyers and sellers. Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. Anthony Jabbour, CEO. Joseph Nackashi, President.

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Inspection Valuation Real Estate Real Estate Agent 196

McKissock

JANUARY 18, 2022

A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. Schaechterle suggests that part of developing trust is by setting up clear expectations for a new home buyer. Honesty Counts. How far will their budget truly go?

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Real Estate Agent Real Estate Agents Buyers 96

Movoto

MAY 15, 2024

Select service members, veterans, and some surviving military spouses can take advantage of a specific lending scenario known as a veteran mortgage – more commonly referred to as VA loans. In the following, we’ll explain VA loans and how they differ from other lending options, as well as walkthrough the steps to secure VA mortgages.

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Mortgage Real Estate Agent Lending Real Estate 36

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. range currently!

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Sellers Clients Inventory Agents 282

Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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Appraisal Inspection Real Estate Agent Training 68

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective. Often times, agents will specialize in working with those looking to either buy or sell.

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Real Estate Buyers Inspection Real Estate Agent 36

Lamacchia Realty

JANUARY 23, 2023

Buying a new home requires a mortgage, where a lender loans you the money, and you pay it back over time. To get a mortgage, you’ll need a down payment to prove you are responsible and will pay it back. Ideally, a down payment on a mortgage should be 20% of the home’s price. Step 3: Get pre-approved for a mortgage.

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Real Estate Agent Inspection Realty Real Estate 72

Appraisal Hub

MAY 17, 2023

One day you’re optimistic because you met a seemingly committed buyer at the open house or showing, and the next day you’re frustrated because they changed their mind or didn’t follow through. Mistake #1: Over- or under-pricing If you price your home incorrectly, your home may become less attractive to potential buyers.

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Inspection Property Taxes Real Estate Agent Buyers 78

Movoto

APRIL 12, 2024

In addition to establishing a reasonable home buying budget – feel free to use our mortgage payment calculator for help – knowing how long before you have keys in hand will help new home buyers better plan and prepare. This involves a detailed assessment of your assets, income, and credit history by a mortgage lender.

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Inspection Real Estate Agent Realtors Sellers 36

Raleigh Realty

FEBRUARY 24, 2022

." This is never a great feeling though there is likely a better home waiting for you that you have not come across, or is possibly not even listed for sale yet As you search for that home of your dreams on various real estate websites, you'll likely encounter a wide range of different statuses depending on the listing. "Under

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Contracts Real Estate Sellers Real Estate Agent 147

Raleigh Realty

OCTOBER 10, 2021

Find A Reputable Real Estate Agent Probably the most valuable tip you can take with you when you are selling your home is to find a real estate agent that will guide you through the process. A great Agent will net you more money even while paying a commission.

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Real Estate Real Estate Agent Buyers Agents 140

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.

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Real Estate Agent Sellers Inspection Real Estate 69

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. With an expert in their corner, buyers will have a highly skilled professional to help them implement some of the following tactics to help set their offer apart from others in a bidding war.

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Buyers Inspection Sellers Real Estate 70

Hank Miller Team

NOVEMBER 4, 2022

Seems that just over 70 of recent homebuyers have buyer’s remorse. In Feb '21 we noted that 44 of homebuyers had buyer's remorse, these new stats are bonkers. This number is a bit of a surprise and the reasons have to do with price but also with just about every other aspect of the buyer's transactions. Most of them.

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Buyers Real Estate Agent Agents Real Estate 40

Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. You can read more about property inspection waivers in a past article I wrote.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Raleigh Realty

MARCH 23, 2021

We would imagine it's the same in most real estate markets around the country as we have found the same to be true of homes for sale in Charlotte as well. Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved.

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Real Estate Agent Real Estate Realtors Contracts 133

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.

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Inspection Insurance Buyers Renovations 136

Raleigh Realty

MARCH 31, 2021

A contingency clause doesn't necessarily mean all hope is lost for prospective buyers. In every market though, things happen where homes that are under the contract may not reach the closing table and the contingency clause usually protects the buyer and sometimes the seller in the event the parties decide to terminate.

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Real Estate Sellers Contracts Buyers 148

CA Realty Training

JULY 5, 2021

That’s why they pay real estate agents the big bucks. A buyer can back out of the deal at any given time for many reasons. As a real estate agent, you must be aware of these should you ever encounter them. . One of the most common reasons a buyer backs out is they get cold feet.

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Real Estate Buyers Real Estate Agent Inspection 37

Cleveland Appraisal Blog

MAY 12, 2022

And I remember the first time I started using a digital camera instead of a 35mm camera to take pictures during my inspections. I called the listing agent on the property I was to appraise and asked if they knew how an appraiser might go about obtaining a floor plan. I remember using pocket PCs to collect field data. Remember them?

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Inspection Appraisal Tools Advertising 341

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 Should be Included in Real Estate Sales Agreements? Parties Involved.

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Contracts Real Estate Property Taxes Legal 36

Eppraisal

SEPTEMBER 8, 2023

We treat it as a great starting point for a discussion with a real estate agent before placing your home on the market. An agent can physically inspect your property An AVM can only estimate your home's value based on data such as square footage and number of bedrooms and bathrooms.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. iBuyers are real estate companies that buy and sell properties through technology.

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Sellers Buyers Agents Real Estate Agent 55

McKissock

JULY 19, 2022

In terms of real estate, the internet has made it easier for affluent buyers to invest in real estate overseas. While many sellers are respected professionals and would fully fix the issue before listing, it doesn’t hurt to do your research as a buyer. Real estate agent without a license.

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Real Estate Real Estate Agent Sellers Agents 98