Housing Wire

MAY 3, 2024

Thanks to high mortgage rates , mortgage refinance rates, and even higher home prices , the vibe among homebuyers has been fairly bleak these past couple months. Serious buyers showed discernment as they know inventory is growing. Serious buyers showed discernment as they know inventory is growing. With only 1.3

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Inventory Lending Real Estate Housing Market 321

Raleigh Realty

FEBRUARY 2, 2022

Negotiating Repairs After a Home Inspection What fixes are mandatory after a home inspection? Is the seller not willing to negotiate repairs? One of those steps is the home inspection and with the home inspection, major issues can arise. As a buyer, always try to come to the seller from a kind, courteous place.

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Inspection Sellers Buyers Realtors 158

Housing Wire

MARCH 22, 2021

Interestingly, Redfin data showed waiving the inspection contingency and conducting a pre-inspection – meaning the buyer conducted an inspection before making an offer – had no significant impact on whether a prospective buyer wins a bidding war.

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Inspection Inventory Buyers Sellers 544

Housing Wire

JUNE 10, 2021

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. 5 reasons to refinance your mortgage right now. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. Seller Concessions. Staging Costs.

Sellers 545

Sellers Real Estate Agent Real Estate Decorating 545

Lamacchia Realty

MARCH 9, 2022

WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION. It’s not a secret that it has been a seller’s market for the past few years. 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?

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Inspection Buyers Sellers Real Estate Agent 60

Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? How you conduct yourself and how you present to each buyer prospect should not vary by situation. Top 10 ways to get homebuyers to work with you 1.

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Clients Real Estate Inspection Buyers 396

Realtor

NOVEMBER 7, 2023

If you’re a first-time home buyer , you might get a little queasy when the last line of your good-faith estimate comes in at several thousand dollars. If demand in your area is high, a seller could expect a larger deposit. If the market is cold, a seller could be happy with less than 1%. Pest inspections : Roaches are one thing.

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Inspection Insurance Sellers Buyers 196

Housing Wire

APRIL 8, 2021

Here are some of the key tactics and pieces of advice, shared by industry professionals on the housing market’s front lines, that go into creating an initial offer to buy a home, along with the negotiations you should be poised for if you catch the seller’s attention. But, the buyer has to have the money ready in the situation that they do.

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Inspection Sellers Buyers Tools 437

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 392

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?

Business 350

Business Marketing Real Estate Legal 350

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. home appraisal – an often mandatory step the buyer’s lender insists on.

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Inspection Appraisal Real Estate Property Appraisal 94

Genworth MI Blog

AUGUST 31, 2022

With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer. Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider.

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Inspection Appraisal Marketing Appraisal Process 78

Housing Wire

JUNE 24, 2021

Mortgage startup Accept.inc announced Thursday it raised $90 million in debt and equity. Similar to iBuying firm Opendoor , startup Ribbon and a host of other new companies, Accept.inc provides cash to buyers so they can submit a competitive offer, or buy a new property prior to selling their existing home.

Sellers 323

Sellers Buyers Investors Inspection 323

Housing Wire

OCTOBER 27, 2020

And for buyers, that means more competition — as well as less leverage in negotiations. The truth is, sellers can have their pick right now, and if your offer isn’t just what they want, they could choose another buyer. But they’re also an extra hassle for sellers. Sellers can have contingencies, too.

Marketing 433

Marketing Sellers Buyers Inspection 433

Will Springer Realtor

JUNE 1, 2021

One of the most valuable components to a buyer’s offer is the home inspection contingency, an opportunity to check the condition of the property before agreeing to close the deal. That’s okay during a private visit – preferably with full knowledge of the seller and listing agent – but highly frowned upon during an open house.

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Inspection Buyers Sellers Open Houses 36

Hank Miller Team

NOVEMBER 22, 2022

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. In most cases, if a home buyer is getting a mortgage, an appraisal will be completed. The appraiser represents the interests of the home buyer's lender.

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Inspection Appraisal Buyers Sellers 52

Empire Appraisal Group

MARCH 16, 2023

NEWS & MEDIA sorbetto / Getty Images Source: Hard Convincing Sellers Not to Overprice? Use Data | Florida Realtors Hard Convincing Sellers Not to Overprice? Use Data By Jennifer Warner Florida Realtors economist : Many sellers today plan to overprice their home, but overpricing isn’t new.

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Sellers Inventory Realtors Clients 78

Raleigh Realty

SEPTEMBER 2, 2022

So whether you're a first-time home buyer or an experienced seller, stay tuned, because we’re going to tell you everything you need to know. Title Fees Home Appraisal Fee Home Inspection Fee Homeowner’s Insurance Fee Transfer Tax Escrow Fees Loan Origination Fees Closing Costs FAQs How Much Are Closing Costs?

Buyers 78

Buyers Insurance Inspection Sellers 78

Realtor

JULY 13, 2021

Getty Images Buyers, we know it’s hard out there for you right now. In our current seller’s market, the national inventory of active listings is down 43.1% 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

Midtown Appraisal Group

JULY 4, 2021

Appraisers aren’t real estate salespeople or mortgage brokers, and definitely shouldn’t be offering advice or counsel to the people whose properties they’re appraising.

Mortgage 139

Mortgage Inspection Real Estate Sellers 139

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. 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! Many of us are in sellers’ markets with very low inventory.

Real Estate 347

Real Estate Open Houses Brokerage Real Estate Agent 347

Will Springer Realtor

MAY 2, 2023

Home buyers are consumers. These buyers also have the right to either add or omit some of those available rights when their real estate broker drafts an offer. These are known as contingencies, or conditions, that require the buyer or seller to take an action or possibly a non-action as part of the overall agreement.

Contracts 55

Contracts Buyers HOA Inspection 55

Housing Wire

JULY 20, 2023

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. While that’s one method of finding a home for your would-be sellers to buy, you can’t end the conversation there and expect to do any business this year. Nationwide, inventory is at all-time lows.

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Sellers Clients Inventory Agents 277

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

Will Springer Realtor

SEPTEMBER 28, 2021

Did you know there are more than 200 actions, research steps, procedures, processes and other stages that a real estate broker typically takes with each buyer or seller? In fact, I try to get to the core of why a buyer or seller wishes to collaborate with me. We are your personal representative throughout the process.

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Sellers Real Estate Buyers Clients 36

Housing Wire

OCTOBER 1, 2022

Mortgage interest rates have risen quickly in the past few months further eroding affordability. Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. However, in many areas of the country it does remain a seller’s market.

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Realtors Housing Market Marketing Buyers 384

Eppraisal

OCTOBER 5, 2022

Now that the real estate market is transitioning with softening sales and rising interest rates, it is important to be in the know as a home buyer. As a buyer in a transitioning market, you have more to prepare for. Even so, there are still many home buyers out there. Buyers have a little more leverage now.

Buyers 68

Buyers Real Estate Agent Marketing Sellers 68

Raleigh Realty

MARCH 26, 2022

What Is A Buyer's Agent? What is a Buyer's Agent in Real Estate and do I need one when buying a home? We have all that answered and more If you are wondering if you should use a Buyer's Agent the answer is easy, yes. At Raleigh Realty we have some of the best Buyer Agents and Realtors on our team.

Real Estate 148

Real Estate Buyers Agents Contracts 148

Lamacchia Realty

AUGUST 15, 2023

WE BUY HOUSES: HOME CASH BUYER PROS AND CONS What is a Home Cash Buyer? The main draw of cash home buyer is the ability to provide a transaction that is both fast and simple – even within just a few days! If the seller accepts, the rest of the process happens quite swiftly. In many cases, a home can be sold within days.

Buyers 53

Buyers Real Estate Agent Real Estate Realty 53

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. Both parties sign the contract.

Real Estate Agent 119

Real Estate Agent Inspection Real Estate Sellers 119

Quicken Loans

JUNE 3, 2021

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. What Is An iBuyer? iBuyers aren’t active in all U.S.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

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.

Appraisal 405

Appraisal Inspection Real Estate Agent Training 405

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. Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market.

Buyers 67

Buyers Inspection Sellers Real Estate 67

AmeriMac

MARCH 28, 2022

Before your mortgage loan is approved, you usually need to go through an appraisal and a home inspection. An appraisal tells you the market value of your property — while a home inspection tells you what might need to be repaired or replaced. The buyer is the one who receives the appraisal report, not the seller.

Inspection 36

Inspection Appraisal Buyers Sellers 36

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

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.

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Buyers Inspection Contracts Real Estate Agent 78

Hank Miller Team

FEBRUARY 27, 2022

Coming off the frenzied Atlanta 2021 real estate market, it's hard to imagine things could get tougher for home buyers, but they are. The average mortgage rate is a good 1 higher than twelve months ago, with an expected 3-5 Fed rate bumps over '22. How do home buyers get their offer selected? Is that smart?

Buyers 52

Buyers Inspection Contracts Sellers 52