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5 ways to provide overwhelming value to buyer clients

Housing Wire

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. Be one step ahead of the process once they’re under contract. Be a matchmaker. This is where being proactive matters.

Clients 398
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Will a Part-Time Real Estate Agent Salary Be Enough for You?

McKissock

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

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10 Things Most Homebuyers Get Wrong About Getting a Mortgage Today

Realtor

And while there are ways to lower those costs , navigating the home loan process is extremely complicated—particularly for first-time homebuyers. ” However, keep in mind that you will have to pay private mortgage insurance if you put less than 20% down, which increases your monthly payments. ” 9. . ” 9.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

The mortgage loan officer handling the loan? Ryan’s blog focuses on local real estate agents and market conditions, a most excellent method of becoming the “go-to” appraiser and getting lots of referrals from agents. Was it the borrower? A Zillow Zestimate? Maybe the underwriter at the lender?

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The growing threat of phishing attacks on the mortgage industry

Housing Wire

Phishing remains the go-to attack for hackers targeting the mortgage and real estate industries. Loan officers and mortgage executives alike continue to click on links in seemingly routine emails, ultimately giving bad actors complete access to lenders’ systems and mortgage transactions.

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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

Other nontraditional uses for an appraisal include valuation for insurance companies, helping sellers arrive at a market value to list their home, estate planning, and tax appeals. This often involves contacting a party to the sale such as the buyer, seller, or real estate agent who was involved in the sale.

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What’s Included in Closing Costs?

PennyMac

This fee will cover the attorney preparing and reviewing agreements and contracts. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. FHA Mortgage Insurance Premium. The current rate is 1.75% of your base loan amount. Closing Fee.