Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

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Real Estate Real Estate Agent Agents Brokerage 384

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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Sellers Buyers Real Estate Agents 417

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. By the Mortgage Bankers Association ’s estimate, it takes on average about $2,500 to process, underwrite and close a government loan.

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Mortgage Loan Officers Government Buyers 379

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Anywhere Real Estate just settled two of the cases for a total of $83.5

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Buyers Agents Loan Officers Real Estate 391

Raleigh Realty

MARCH 29, 2021

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Government Real Estate Agent Insurance Property Taxes 148

Housing Wire

JULY 19, 2022

Michael Loftin, CEO of Homewise , whose work revolves around sustainable homeownership, suggested HUD take a cue from the government-sponsored enterprises. Loftin also suggested a subsidy for real estate agents, because “they can’t make a living selling $40,000 homes.”

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Mortgage Finance Lending Development 382

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. REALITY: The appraisal process is similar to conventional and other government-sponsored loans.

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Mortgage Renovations Appraisal Process Finance 436

Housing Wire

JULY 12, 2022

Starting in July, the government-sponsored enterprise will allow remote inspections on some refinance loans it buys. An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. After all, it wasn’t so long ago appraisers received assignments via fax machine. An offer comes in at 5 p.m.

Appraisal 406

Appraisal Inspection Real Estate Agent Training 406

Miller Samuel

JUNE 28, 2020

New York State “Shelter in Place” rules prevented the in-person showing of a property by a real estate broker. While I have been a real estate appraiser and market analyst for 35 years, I dipped my toe into real estate as a sales agent in Chicagoland for six months in the mid-1980s. Lesson learned.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

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. What should appraisers look for in a sales contract?

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Appraisal Real Estate Real Estate Agent Contracts 80

Realtor

APRIL 14, 2021

But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. In this market, we are seeing a lot of appraisal gaps being written into contracts. This can be attributed to low mortgage rates and low inventory creating strong demand from buyers.

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Mortgage Real Estate Agent Buyers Real Estate 159

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

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Real Estate Insurance Law Real Estate Agent 406

Housing Wire

OCTOBER 16, 2023

Editor’s note: There are conventional mortgage options with down payments as low as 3% and government-insured loans with a low- or no-down-payment requirement.) This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. Rate buy-downs are another option I recommend in this market.

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Agents Buyers Sellers Inventory 402

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal? So, why do you need a commercial real estate appraisal?

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Real Estate Appraisal Property Appraisal Valuation 60

Housing Wire

NOVEMBER 30, 2023

If you’re exploring a real estate career in Akron, Cincinnati, Cleveland, Columbus, Toledo, or any other city in the Buckeye State, then your first step is to choose from the many real estate classes in Ohio to complete the 120 hours of approved pre-licensing education that the state requires.

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Real Estate Real Estate Agent Law Inspection 399

Appraisal Today

MAY 10, 2024

NOTE: Please scroll down to read the other topics in this long blog post on staying positive with slow business, economic analysis for appraisers, current real estate market, unusual homes, mortgage origination stats, etc. == $14M Castle on 40 Acres in Wyoming Excerpts: 5 bedrooms, 5.5+ baths, 9,470 sq.ft., 40 acre lot, built in 1992.

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Reconsideration of Value Appraisal Real Estate Insurance 73

D Fritz Appraisals

FEBRUARY 22, 2023

Home equity is like having money in the bank, but it’s tied up in your real estate. Using equity to buy a second home can be attractive for those looking for additional real estate investments. We have provided reliable real estate lending, sales, and appraisals for four decades in Victoria, BC.

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Real Estate Investing Appraisal Market Value 124

McKissock

JANUARY 6, 2023

Department of the Interior also offer similar employment opportunities related to real estate collateral, appraisal policy, and appraisals. Train future appraisers, collateral underwriters, AMC staff, real estate agents, and others in real estate appraisal. Non-lending appraisal courses.

Appraisal 74

Appraisal Training Lending Land Management 74

Realtor

APRIL 14, 2021

But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. In this market, we are seeing a lot of appraisal gaps being written into contracts. This can be attributed to low mortgage rates and low inventory creating strong demand from buyers.

Mortgage 78

Mortgage Real Estate Agent Buyers Real Estate 78

Housing Wire

MARCH 7, 2022

February 10 may go down as a momentous day in real estate history. In the past year, NFTs pole vaulted from mostly commodifying art and digital assets to an array of spheres including – very preliminarily – real estate. It also gives real estate agents ideas. How a real estate NFT works today….

Real Estate 476

Real Estate Law Inspection Agents 476

Zillow

JULY 15, 2019

This lexicon of real estate terms and acronyms will help you speak the language like a pro. Attorney state : A state in which a real estate attorney is responsible for closing. A closing is usually attended by the buyer, the seller, both real estate agents and the lender.

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Real Estate Agent Insurance Inspection Buyers 56

Eppraisal

JANUARY 23, 2024

Some pretend to be with the government.  Other     Phishing Scams Real estate phishing scams are becoming more common, putting agents and buyers on high alert.     Phishing Scams Real estate phishing scams are becoming more common, putting agents and buyers on high alert.

Legal 36

Legal Real Estate Agent Lending Real Estate 36

AmeriMac

JANUARY 19, 2021

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. Here what you should do is sit down with your real estate agent and review the homes your appraiser deemed similar. You can locate these in your city or county government office.

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Appraisal Real Estate Agent Market Value Real Estate 36

Houston Properties

JANUARY 13, 2021

SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. COVID-19 and subsequent government actions have dumped gasoline on wealth inequality in ways that we don’t fully understand yet. Remember: real estate is hyper-local! Concerned about a housing market crash?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Appraisal Today

AUGUST 18, 2023

The media coverage focuses on real estate agents having difficulty showing homes, etc. Government purchase applications provided a bright spot, increasing 2.4 The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.16 percent from 7.09

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Appraisal Contracts Inspection Real Estate 78

McKissock

JULY 24, 2020

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. In many cases, no one from the state knows about a potential violation unless a complaint is filed.

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Appraisal Law Government Real Estate Agent 53

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Since its establishment in 2008, the firm said it has bought and sold about $12 billion in residential real estate.

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Mortgage Construction Lending Real Estate 383

Appraisal Today

JUNE 10, 2022

NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. How to get referrals from real estate agents. Estate/trust appraising Special Report – Good, steady business. percent from 5.33

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Appraisal Contracts Business Mortgage 52

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.37

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Appraisal Inspection Modernization Business 72

Appraisal Today

JULY 1, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market decline in listing prices, land issues, unusual homes, mortgage origination stats, etc. =. Borrower complaints, real estate agents, attorneys, etc. The average contract interest rate for 5/1 ARMs decreased to 4.64

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Realtor

NOVEMBER 1, 2023

Here’s a brief look at the VA loan process to help both veteran homebuyers and their real estate agents better navigate how to cross the finish line. It also shows home sellers and listing agents that you’re a strong home-buying candidate. Getting under contract Signing a contract to purchase a home comes next.

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Real Estate Agent Contracts Finance Real Estate 127

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I Depending on where you are in the area, your listing could have 15 offers in two days,” the agent for Iron Valley Real Estate Hampton Roads | Virginia Beach said.

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Inventory Buyers Agents Real Estate 404

Raleigh Realty

AUGUST 10, 2021

A person with dementia may have a Medicare plan, private insurance, an employee or a retiree health plan that will help provide financial assistance for proper care: Medicare- Medicare is a federal government program that pays for medical expenses of those ages 65 and older. Click the link above to be directed to the grant application

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Insurance Real Estate Government Real Estate Agent 78

Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

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Appraisal Modernization Property Appraisal Real Property 417

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

Appraisal 85

Appraisal Real Estate Agent Contracts Real Estate 85

Appraisal Today

AUGUST 26, 2022

It only has an elevator, no stairs,” Barnett (real estate agent) explains. Last week’s purchase results varied, with conventional applications declining 2 percent and government applications increasing 4 percent, which is potentially a sign of more first-time homebuyer activity. The home is equipped with an elevator. “It

Appraisal 52

Appraisal Business Contracts Advertising 52

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Review current Houston real estate data & lessons from past hurricanes and trends. For the broad Houston real estate market, all major indicators point to growth during the year. Inflation’s Impact On Real Estate.

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Real Estate Marketing Real Estate Agent Realtors 36