Housing Wire

NOVEMBER 29, 2021

The CLP forms a contract between a title insurance underwriter and a lender, in which the underwriter agrees to indemnify the lender for actual losses caused by certain types of misconduct by the closing agent, while the Title Commitment is a promise from your title company to issue the title insurance policy after the closing is completed.

Insurance 315

Insurance Real Estate Agent Brokerage Agents 315

The Robert Weiler Company

JANUARY 2, 2021

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

NOVEMBER 7, 2023

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. This is where being proactive matters. Overcommunicate.

Clients 375

Clients Buyers Real Estate Agent Real Estate 375

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.

Real Estate Agent 127

Real Estate Agent Contracts Finance Real Estate 127

Realtor

OCTOBER 16, 2023

It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida. In reality, according to a new study from Self Financial , the average down payment needed in the U.S.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

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

Berkshire Hathaway

APRIL 28, 2022

While we agree with you on the first statement, the selling of a home is always best left to a professional real estate agent, for so many reasons! According to a NAR study , For Sale By Owner homes sold at a median of $260,000 in 2021, while agent sold homes were at a median of $318,000, a difference of $58,000.

Real Estate Agent 67

Real Estate Agent Advertising Insurance Real Estate 67

Appraisal Buzz

JUNE 20, 2022

Borrowers, sellers, and real estate agents are seeking to lay blame for failed real estate transactions and often target the appraiser as the villain. This might include assignment conditions, contracts, leases, income and expense data, subject property descriptions, and builder’s cost information.

Appraisal 417

Appraisal Modernization Property Appraisal Real Property 417

Housing Wire

JULY 12, 2022

An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. Of ProxyPic’s 65,000-strong panel of property data collectors, 2,000 to 3,000 are inspectors, real estate agents or appraisers — a figure Tomaszewski said he hopes to grow to 7,000 or 8,000. that afternoon.

Appraisal 403

Appraisal Inspection Real Estate Agent Training 403

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in.

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Housing Wire

DECEMBER 6, 2023

Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services. Many difficult situations involve legal and regulatory compliance in contract disputes, zoning violations, or tenant rights. Even better?

Real Estate 391

Real Estate Legal Tenants Clients 391

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. The change resulted in Better’s exit from its real estate business.

Realtors 357

Realtors Technology Insurance Mortgage 357

Housing Wire

DECEMBER 21, 2023

Benefits can include: No down payment Competitive interest rates No private mortgage insurance (PMI) Limited or no closing costs Funding fee waived for service-connected disabled veterans More favorable credit criteria Loan types There are a number of VA loan options to meet the needs of today’s veteran buyers, including purchase and refinance.

Mortgage 429

Mortgage Renovations Appraisal Process Finance 429

Raleigh Realty

AUGUST 20, 2022

Hidden Costs when Purchasing a Home There are hidden costs when buying a home, including closing costs, insurance, or utility costs. Whether you are a first-time home buyer or an experienced buyer, you will want to familiarize yourself with all the costs of buying a home Your Real Estate Agent is not a cost to you as a buyer.

Property Taxes 78

Property Taxes Real Estate Agent Insurance Real Estate 78

Zillow

FEBRUARY 2, 2018

Fact: Real estate brokers’ commission rates are not regulated in any state and are ALWAYS 100% negotiable. When you decide to sell your house, if you are like most people, you will want to hire - or at least consider hiring - a real estate agent to handle the process. gas, cell phone, signs, insurance, etc.)

Real Estate Agent 36

Real Estate Agent Real Estate Agents Buyers 36

Raleigh Realty

AUGUST 27, 2021

How Do I Know If My Real Estate Agent Is The Right Fit For Me? Much like buying a home, choosing a real estate agent is not something that should be taken lightly. So what are some of the ways you can go about finding a real estate agent?

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

CA Realty Training

JULY 20, 2021

Let’s face it, real estate transactions can be extremely complicated and take up a lot of an agent’s time. But, dealing with contracts and disclosures comes with the territory when you’re in escrow. The escrow company is responsible for ensuring that every stipulation of the contract is met.

Real Estate Agent 69

Real Estate Agent Contracts Agents Real Estate 69

Eppraisal

JULY 19, 2022

Unsure if you should hire an attorney to represent you in your real estate transaction, ask your real estate agent or mortgage lender. A real estate attorney has quite a few roles in a real estate transaction. Title insurance will also be obtained for the seller and the buyer.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

Appraisal Today

MAY 10, 2024

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. I first started writing a real estate column in the local newspaper back in the late 1980s but did not like it.

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

McKissock

APRIL 3, 2022

Bill Zielke, CMO of BitPay, has been handling crypto transactions in real estate for years where transactions are settled as soon as the next business day, involving no banks, and no traditional pay wires — and they’re completely secure. Free Guide : Learn how much you could earn in real estate with this free Real Estate Income Guide.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. As the home buyer of this piece of real estate, you’re entitled to choose the title company.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

McKissock

MAY 8, 2022

Bill Zielke, CMO of BitPay, has been handling crypto transactions in real estate for years where transactions are settled as soon as the next business day, involving no banks, and no traditional pay wires — and they’re completely secure. Free Guide : Learn how much you could earn in real estate with this free Real Estate Income Guide.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 52

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 159

Mortgage Real Estate Agent Buyers Real Estate 159

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.

Agents 391

Agents Buyers Sellers Inventory 391

Raleigh Realty

MAY 3, 2021

These challenges can be overcome if you find a great real estate agent. Conventional loans are insured by private lenders. The catch is that you will need to pay private mortgage insurance if you put down less than 20. Unconventional loans are insured by the federal government. Spouses may qualify, as well.

Real Estate Agent 78

Real Estate Agent Real Estate Insurance Inspection 78

McKissock

JANUARY 6, 2023

Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. Train future appraisers, collateral underwriters, AMC staff, real estate agents, and others in real estate appraisal.

Appraisal 74

Appraisal Training Lending Land Management 74

McKissock

JULY 26, 2022

Property insurance. To ensure that this initial stage of the real estate transaction goes well, it’s important to submit the offer in a timely manner. Regardless of the strengths and weaknesses of the competing offers, the seller can only negotiate one offer at a time until there is a binding contract. Closing dates.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ I have written about all three.

Insurance 79

Insurance Appraisal Contracts Mortgage 79

Listing Spark

DECEMBER 6, 2023

For one, you’re not required to have a lawyer present during a home real estate transaction. In fact, homeowners can sell their homes without even hiring a real estate agent. The typical real estate agent fee in Texas is 3%—for each agent. Let’s get technical for a second.

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

Appraisal Today

MARCH 22, 2024

It can impact home values, insurance costs, and the overall stability of a housing market.” “The The issues are whether you can get access to affordable insurance and how much the costs will increase,” says Xu. His difficulties in getting fire insurance kept getting worse and worse. percent from 6.84 percent from 7.04

Appraisal 66

Appraisal Contracts Business Insurance 66

Zillow

JULY 15, 2019

Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. A closing is usually attended by the buyer, the seller, both real estate agents and the lender. Closing of escrow is the responsibility of the escrow agent.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Hank Miller Team

NOVEMBER 22, 2022

In fact, some real estate agents would also benefit from a reminder about their respective roles. What is a Real Estate Appraisal? In simple terms, the lender will not lend more than a certain percentage of what the home is worth as of the date of contract.

Inspection 52

Inspection Appraisal Buyers Sellers 52

Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Common fears are that their insurer will increase their premium or decline to renew their policy.

Appraisal 81

Appraisal Contracts Insurance Construction 81

Appraisal Today

JUNE 2, 2023

Solutions to Keep You Safe Make sure you have a complete signed purchase contract. In the appraisal, list how many pages of the contract you have in your possession (In case someone is hiding pages from you). To read more click here My comments: Some good tips on how real estate agents try to deal with this.

Appraisal 52

Appraisal Contracts Real Estate Agent Sellers 52

Eppraisal

JULY 27, 2022

That's not to say that a real estate agent's services aren't important. In fact, an experienced and knowledgeable real estate agent can help you negotiate many pieces of the real estate transaction to net you more money. Commission Houses have practically been selling themselves.

Real Estate Agent 36

Real Estate Agent Real Estate Brokerage Sellers 36

Lamacchia Realty

SEPTEMBER 7, 2022

An experienced real estate agent will make all the difference while you’re moving. If you’re moving long-distance, make sure to use a reputable, insured moving company. Make sure to look at the various insurance options from the moving companies and look over any written contracts before signing.

Realty 62

Realty Real Estate Agent Insurance Realtors 62

Listing Spark

NOVEMBER 11, 2022

Are you looking to sell your house without a real estate agent? In this blog post, we’ll go over the basics of what you need to do in order to sell your home without an agent, including the necessary paperwork for selling a house without a realtor in Texas. Who is agreeing to pay for title insurance?

Realtors 36

Realtors Contracts HOA Sellers 36