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Thinking of selling your real estate brokerage? Here’s how to prepare

Housing Wire

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

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Fannie Mae clarifies ARM interest rate, ups cash-out refi term on manufactured homes

Housing Wire

It also clarified several income calculation and documentation requirements for borrowers who use business income to qualify, which “apply to self-employed borrowers and borrowers with less than a 25% interest in a business,” the update explained. Additional servicing guidance will be published in a new update that is expected on Feb.

Retail 373
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Opinion: More can be done to shorten the average time to close

Housing Wire

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. There’s an entire industry built upon the “what’s next” in question.

HOA 408
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titlegenius by Radian makes closing simple, transparent and less expensive

Housing Wire

However, there is an opportunity in the closing process for better integration between platforms to improve communication and sharing of documents between the brokerage, lender and closing company, each of which has its own process and technology, to relieve some of that stress.

Tools 285
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Opinion: More should be done to shorten the average time to close

Housing Wire

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. There’s an entire industry built upon the “What’s next?” in question. But there’s also room for improvement.

HOA 395
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Real Estate Sales Agreements: Understanding Your Contract

Movoto

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. Should the buyer breach the contract (e.g., Title and Insurance. auctions, cash sales, etc.):

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Texas Real Estate Contracts and Addendums: A Guide for Home Sellers and Buyers

Listing Spark

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. As a seller, this can help to ensure that buyers have the actual cash they are claiming they have.