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 428

Real Estate Agents Marketing Sellers 428

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

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. Not necessarily.

Real Estate 442

Real Estate Appraisal Agents Inspection 442

Housing Wire

JUNE 10, 2021

Here are four potentially unexpected costs you should be aware of: More for Real Estate Enthusiasts. 5 reasons to refinance your mortgage right now. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. Home improvements and renovations are also important to buyers.

Sellers 545

Sellers Real Estate Agent Real Estate Decorating 545

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. Fortunately, there are many ways you can sell your house fast.

Real Estate Agent 378

Real Estate Agent Tenants Real Estate Agents 378

Empire Appraisal Group

JULY 27, 2023

Source: [link] Why Don’t More Buyers Consider a Fixer-Upper? In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. The drop in demand for unrenovated homes is mostly driven by high mortgage rates, agents say.

Buyers 78

Buyers Renovations Real Estate Agent Agents 78

Housing Wire

APRIL 22, 2024

Please think of me as your go-to resource for all things real estate. I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Call or text me with any real estate questions!

Real Estate 343

Real Estate Open Houses Brokerage Real Estate Agent 343

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. trillion in mortgage originations in 2021. The perplexing part: Why are home prices not declining in this environment?

Inventory 454

Inventory Renovations Real Estate Government 454

Housing Wire

FEBRUARY 9, 2021

When you go to buy a home , your mortgage lender will almost always order a home appraisal. But what does it mean for you as the buyer? But what does it mean for you as the buyer? More for Real Estate Enthusiasts. Four renovations to consider before selling your house. The purpose?

Appraisal 454

Appraisal Real Estate Agent Sellers Real Estate 454

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. Just be sure to calculate the renovation costs into your budget.

Inventory 69

Inventory Real Estate Buyers Renovations 69

Housing Wire

JANUARY 26, 2021

Appraisals are estimates of a home’s value — and they’re typically required before you can close on your mortgage loan. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Were those recent renovations done up to local code?

Inspection 383

Inspection Real Estate Agent Real Estate Investing 383

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. But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. Get pre-approved ASAP.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

Cornerstone

MAY 4, 2021

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. It may help to know that: 1.

Renovations 41

Renovations Home Improvement Loan Officers Real Estate Agent 41

Eppraisal

OCTOBER 31, 2023

Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth.  Better yet, use a real estate agent to do a comparative market analysis and calculate your home’s value impartially.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

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. But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. Get pre-approved ASAP.

Mortgage 78

Mortgage Real Estate Agent Buyers Real Estate 78

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.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Birmingham Appraisal

AUGUST 23, 2023

In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened.

Agents 83

Agents Appraisal Valuation Appraisal Process 83

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. Overselling a recently renovated area of the house.

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

Movoto

APRIL 30, 2024

The most pressing matter in the process of selling and buying a house is the existing mortgage on your current home. Buying your next home will require taking out another mortgage, meaning you’ll have two payments until the former home sells. This means you’ll have an easier time getting qualified for another mortgage.

Renovations 41

Renovations Real Estate Realtors Buyers 41

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. built in 2000.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

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. Interested in learning more?

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

Eppraisal

JULY 28, 2023

The integration of AI technologies is revolutionizing the way people buy and sell houses, streamlining processes, enhancing decision-making, and providing new opportunities for buyers, sellers, and real estate agents. This not only saves time but also minimizes the risk of errors and ensures smoother transactions.

Real Estate Agent 36

Real Estate Agent Real Estate Sellers Buyers 36

Appraisal Today

MAY 17, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M I often appraise estate homes that need fix up for sale.

Tools 64

Tools Appraisal Renovations Design 64

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

Raleigh Realty

AUGUST 19, 2022

I’m a real estate agent. 79 percent of millennials are first-time home buyers. As a result, finding a trustworthy agent is extremely important to millennial buyers because they are new to home buying. 67 percent of millennial home buyers would put an offer on a home in need of a full or partial renovation.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Buyers 78

Quicken Loans

JUNE 10, 2021

Maybe you’ve tried contacting a real estate agent, who probably told you to call back after you’ve been “preapproved.” 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.

Mortgage 68

Mortgage Real Estate Agent Sellers Appraisal 68

PennyMac

JANUARY 2, 2024

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely. It depends.

Home Improvement 36

Home Improvement Renovations Investing Inspection 36

Listing Spark

DECEMBER 11, 2023

These figures include a ballpark on ROI for rental properties, a clear idea of your expected profit on a flip after renovation and resale, and a detailed list of the expenses you’ll incur to process the property. Many investors stop at calculating buyer closing costs, renovations, and holding costs.

Investing 36

Investing Renovations Sellers Real Estate 36

AmeriMac

DECEMBER 30, 2023

Whether you’re a first-time homebuyer or a seasoned seller, this guide will provide you with all the information you need to make informed decisions during real estate transactions involving REO appraisals. Accurate appraisals are vital for facilitating smooth real estate transactions.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Realtor

MAY 10, 2018

Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated. “When only a top-to-bottom renovation makes sense, as is is the better option,” says Ailion.

Real Estate Agent 85

Real Estate Agent Renovations Real Estate Agents 85

Listing Spark

SEPTEMBER 5, 2023

Along the way, you’ll learn more about the resources available for navigating the real estate market without an agent and why so many homeowners are starting to sell their own homes. You can sell your home as an FSBO by following these five basic steps: Make repairs or renovations to your home (if applicable).

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

Realtor

MAY 10, 2018

Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated. “When only a top-to-bottom renovation makes sense, as is is the better option,” says Ailion.

Real Estate Agent 78

Real Estate Agent Renovations Real Estate Agents 78

PennyMac

OCTOBER 10, 2023

Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.

Renovations 36

Renovations Inspection Sellers Buyers 36

Quicken Loans

JULY 1, 2021

Our love is unconditional, and we may have even carried out home renovations to accommodate our pets. In fact, some of the cost of those renovations you made might be recouped by value added to your home’s sale price. In a seller’s market, there are more buyers than there are houses to buy, so buyers can’t afford to be too finicky.

Real Estate Agent 65

Real Estate Agent Renovations Buyers Real Estate 65