Housing Wire
APRIL 27, 2023
But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.
Housing Wire
MARCH 10, 2023
ATTOM , a real estate data provider, reports, however, that the “severe contraction across the lending industry in the fourth quarter of 2022 even hit HELOCs” in terms of origination volume. Unlike fixed-rate, lump-sum second-lien home-equity loans — HELOCs normally carry variable interest rates.
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Housing Wire
APRIL 9, 2021
.” With “Raveis Purchase,” which officially launched earlier this month, WRRE will acquire the home-seller’s property for an initial payment of up to 80% of the current value of the home, which unlocks the majority of the equity and enables the seller to settle any mortgages.
Appraisal Today
APRIL 26, 2024
I have also done many relocation appraisals, done before the home is listed. What should appraisers look for in a sales contract? The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. You are “graded” on how close you come to the sales price. built in 2000.
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.
Birmingham Appraisal
JULY 7, 2022
These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. Anytime there is a shift in the market there is always the possibility that property values will change. Today I will be sharing my thoughts and give some reasons your home may not appraise in today’s market.
Lamacchia Realty
FEBRUARY 22, 2023
Additionally, listings and pendings are down from January 2022 as many ‘ would-be sellers ’ are choosing to stay in their current home with a low mortgage rate (e.g., Most will either renovate or expand their homes rather than sell. Instant Home Evaluation See immediately how this market is impacting your home value.
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