article thumbnail

Homebuyer assistance programs rose to nearly 2,300 in 2023

Housing Wire

Manufactured housing has a lower entry point than other types of homes and is helping many buyers to get their foot in the door, the report noted. A growing number of nonbank mortgage lenders have recently rolled out down payment assistance (DPA) programs to increase their origination share in a challenging mortgage environment.

Landlords 512
article thumbnail

Zillow to list housing discrimination protections

Housing Wire

The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent. Still, federal law does not prevent landlords from rejecting all housing vouchers. Today, both sellers and buyers expect to handle a majority of the process online.

Landlords 466
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

52 Tips to Negotiate an Office Space for Lease in Columbus, Ohio [2021]

The Robert Weiler Company

However, not every prospective tenant fits the type of tenant the landlord is looking for, such as business standing, financial situation, etc. Lessees don’t always realize that some office space lease terms are negotiable; landlords and lease brokers often want to keep it that way. As such, there is a lot of competition.

Landlords 148
article thumbnail

FHA does a solid for mortgage credit rejects. Will it move the needle for loan officers?

Housing Wire

Department of Housing and Urban Development ( HUD ) called FHA Connection, a database used to insure and generate FHA case numbers associated with the borrower’s home loan application. All FHA mortgage lenders use a system by the U.S. When the borrower is denied for an FHA mortgage loan, an MCR report had to be created for that denial.

article thumbnail

Top LO Ben Cohen thinks first time buyers will return to the housing market this year

Housing Wire

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. I really think until we see inventory move in our favor, it’s still going to be a tough market for a buyer. How does my payment look?

Buyers 397
article thumbnail

What To Do When You’ve Inherited Property

D Fritz Appraisals

Be sure to update the homeowner’s insurance policy. Contact the insurance company immediately, because it can potentially lapse if the house is unoccupied. However, you do take over property taxes, repairs, mortgage payments, and insurance. However, they may have trouble finding a buyer interested in a portion of a property.

article thumbnail

Buying a Home? Plan for These Hidden Costs

Zillow

Be prepared for additional - and often unexpected - home-buying costs that can catch buyers unaware and quickly leave you underwater on your new home. Worse still, these problems are rarely covered by home insurance. Further, you could find yourself paying for utilities once covered by a landlord, like water and garbage pickup.