Housing Wire

MAY 1, 2024

On Wednesday evening, during the firm’s Q1 2024 earnings call with investor and analysts, CEO Rich Barton took a contrary view: Zillow is just beginning to unlock its revenue generating potential. “In In a hostile housing market and a noisy industry environment, why is Zillow outperforming?”

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Housing Wire

SEPTEMBER 9, 2022

The pace of mortgage-backed securities (MBS) issuance in the nonagency market slowed considerably in July and August as rising interest rates and Federal Reserve MBS-purchase policy have combined to dampen the momentum exhibited in the private-label space in 2021 and over the first half of this year. billion over the same period in 2021.

Marketing 397

Marketing Mortgage Investors Legal 397

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

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Contracts Appraisal Market Value Real Estate 64

Housing Wire

MAY 27, 2022

This week’s HW+ member spotlight features Jeremy Potter, chief evangelist at Stavvy , a 2022 Tech100 Mortgage winner. Potter was recently promoted after serving as head of legal and capital markets and is a thought leader in the industry, regularly sharing his insights on how the industry can move forward through the power of innovation.

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Modernization Legal Contracts Mortgage 377

Housing Wire

NOVEMBER 3, 2023

We see some that needed one more good market that maybe would have retired 10 years ago but stayed in the business a little longer than they would have who are now leaving,” Nick Bailey , RE/MAX’s president, told investors and analysts during the firm’s third quarter 2023 earnings call Friday. “In about half the U.S.,

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Listing Spark

SEPTEMBER 1, 2023

Real estate investors operate differently than conventional buyers and sellers, especially to get the 26.9% Instead, investor-friendly brokerages are a better fit for your goals. For example, you might work with a hard money lender who can get you the money fast, not a conventional mortgage lender.

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Investors Brokerage Real Estate Agent Real Estate 36

The Robert Weiler Company

MARCH 29, 2023

As an investor, you know that income-generating properties can bring a reliable monthly cash flow and build long-term wealth. Also, you can sometimes obtain maintenance services at a discounted rate when the work is contracted through the property management company. Reduce legal concerns. What is their pricing breakdown?

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Property Management Tenants Real Estate Investors 78

Eppraisal

JULY 21, 2023

Rent-to-own contracts involve intricate legal and financial considerations, which can vary significantly from one region to another. Navigating these legal complexities can be cumbersome for both buyers and sellers, leading many to opt for more straightforward and traditional sales methods.

Real Estate 36

Real Estate Sellers Investors Finance 36

Appraisal Today

DECEMBER 8, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable? Investor purchases of U.S.

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Appraisal Real Estate Contracts Design 67

The Robert Weiler Company

OCTOBER 15, 2021

Also, find out what benefits the new tax bill brought to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought! For CRE investors, the cap rate is a way to determine the property’s ROI potential.

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Investing Real Estate Tenants Investors 138

Hank Miller Team

FEBRUARY 27, 2022

The average mortgage rate is a good 1 higher than twelve months ago, with an expected 3-5 Fed rate bumps over '22. Add to the mix Wall Street and corporate investors circling like apex predators. For these buyers, the max effort has to be given to finding a seller motivation that's not tied to the contract process. A rent back?

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Buyers Inspection Contracts Sellers 52

McKissock

APRIL 3, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. Real Estate Smart Contracts. Programmable security. Immutability. Cutting Out Middlemen. The Current State of Bitcoin.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Housing Wire

APRIL 9, 2024

It’s not often that we can draw a parallel between the automobile industry and the mortgage and real estate industries. The mortgage industry has been awaiting its own “Model T” introduction for quite some time. Yes, the world of mortgage and real estate has come a long way in just a few short years. Sound familiar?

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HOA Real Estate Technology Investors 412

Appraisal Today

MARCH 31, 2023

And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. The only reason for these changes are about a piece of the 11 TRILLION dollar mortgage market. Fannie sells their loans to investors. million mortgages were originated, the fewest since the first quarter of 2014.

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Appraisal Contracts Inspection Clients 52

McKissock

MAY 8, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. Real Estate Smart Contracts. Programmable security. Immutability. Cutting Out Middlemen. The Current State of Bitcoin.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 52

McKissock

JANUARY 6, 2023

You should also consider non-QM lenders (non-qualified mortgage lenders). Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. These may be full-time jobs or contracted services.

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Appraisal Training Lending Land Management 74

AmeriMac

JULY 25, 2022

An appraisal is the fair valuation of a property based on a professional’s opinion, mainly if the payment method includes a mortgage. Even the most well-respected appraisers can make a mistake or overlook something that could negatively impact your contract. Resolves Legal Conflict. What Is an Appraisal?

Real Estate 36

Real Estate Appraisal Valuation Clients 36

Appraisal Today

APRIL 14, 2023

The terms “entrepreneurial incentive” and “entrepreneurial profit” are typically discussed in terms of investment property, but the principles involved can also be applied to the many fixer-uppers—whether the buyer is a “purely investor type” or an “owner occupied investor type.”

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Appraisal Bracketing Contracts Valuation 52

Appraisal Today

AUGUST 26, 2022

In fact, Fannie Mae will not purchase a mortgage on a property if the cost approach is the primary or only method of valuation used. Quite simply, if there isn’t enough data for the appraiser to develop a reliable opinion of value by the sales comparison approach, the mortgage will not be marketable to Fannie Mae.

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Appraisal Business Contracts Advertising 52

PennyMac

SEPTEMBER 6, 2023

Other cash buyers, like investors, may also be ready to buy your house quickly. If a home needs a lot of work and the seller isn’t going to contribute to the cost of fixing it up, fewer buyers will be able to afford a mortgage for such a house. Home-buying companies may be eager to take a home off your hands.

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Renovations Inspection Sellers Buyers 36

Appraisal Today

JUNE 3, 2022

In popular vacation areas, such as Sedona, AZ, where Julie lives, investors purchase homes and do extensive remodels to turn them into Airbnbs with Airbnb management companies handling everything for them (clean up, new furnishing, and renting). Mortgage Lenders – 1989: FIREEA and appraiser licensing, 2009: HVCC and AMCs took over.

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Appraisal Contracts Real Estate Marketing 52

Quicken Loans

APRIL 12, 2021

Foreclosure happens when a borrower fails to pay their mortgage payments and the lender or mortgage investor must repossess the home. Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. Increased Mortgage Payments. Underwater Mortgage.

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Inspection Property Taxes Mortgage Investors 54

The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. Investors can place their confidence in a licensed commercial real estate appraiser, especially one who is reputable and familiar with the local market.

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Real Estate Appraisal Property Appraisal Valuation 60

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. The lender initiates legal proceedings against the borrower to foreclose on the property. Foreclosure. Is an REO Home the Right Fit For You?

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Inspection Real Estate Agent Real Estate Agents 69

Houston Properties

JANUARY 13, 2021

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. In addition, mortgage rates are at an all-time low. Some companies are offering 30-year fixed-rate mortgages for less than 2.3%.

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Housing Market Marketing Real Estate Realtors 68

The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. Reports have revealed a strong land market. Commercial Real Estate Sales.

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Marketing Real Estate Investing Retail 78

Listing Spark

AUGUST 2, 2021

This is the same basic principal that your average real estate investor uses. Unlike other similar cash investors, Offerpad boasts a hybrid model that combines data and algorithms as well as in house local market experts to arrive at the ‘fairest’ price. How Does Offerpad Work? Offer Acceptance.

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Contracts Real Estate Inspection Sellers 36

Appraisal Today

DECEMBER 16, 2022

Lenders want a compliant document that allows the loan package to be sold as quickly as possible, while investors want an appraisal that allows for securitization or resale to another downstream buyer. Mortgage applications increased 3.2 Mortgage applications increased 3.2 Varies widely around the country. ==.

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Modernization Appraisal Contracts Real Estate 52

Will Springer Realtor

APRIL 6, 2021

Mortgage options vary just like the number of home types available for purchase. In Seattle, getting a mortgage on a home at Madison Tower is different than, say, Insignia Towers, and just as it’s different when buying new construction at KODA (opening soon) versus Nexus (open for more than a year now).

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HOA Mortgage Buyers Insurance 36

Simonson Real Estate

DECEMBER 6, 2022

Lenders work with real estate investors and owners of small, medium and large businesses (borrowers) to help them secure financing to purchase and refinance real estate that fit their investment criteria and fulfill their business needs. Key Appraisal Items to Communicate.

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Appraisal Process Real Estate Appraisal Renovations 78

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.

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Renovations Investing Real Estate Marketing 343

Will Springer Realtor

MAY 13, 2024

That’s according to a report from ATTOM Data Solutions, which noted Seattle metro was the second-most active major market (1M+ population) for flipped homes purchased by investors with financing, at 56.1%, behind only San Diego (56.4%). >> . >> In total, 308.9K single-family homes and condos in the U.S.

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HOA Transportation Construction Buyers 36

Housing Wire

APRIL 7, 2021

. “My concern is that the bureau is overstepping its bounds and violating in essence agreements that have already been previously made,” said Dave Stevens, chief executive officer of Mountain Lake Consulting and former CEO of the Mortgage Bankers Association. But data shows that servicers are already serving borrowers well.

Investors 417

Investors Legal Contracts Government 417

Will Springer Realtor

JULY 13, 2023

Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. It is lack of labor, land/lots, lumber/materials, lending for builders and land developers and ever-costly legal/regulatory costs,” he said.

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Construction Supply Chain Real Estate Development 36

Appraisal Today

SEPTEMBER 9, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Value Reconciliation, non-lender appraisals, liabililty, USPAP, unusual homes, mortgage origination stats, etc. =. Because of the housing shortage, investors are buying single-family residences. Those investors are buying in bulk. The 10 U.S.

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Reconsideration of Value Appraisal Clients Contracts 52

Housing Wire

MARCH 15, 2022

A recent judge’s ruling in pending litigation involving student-loan securitization trusts could have far-reaching legal and financial implications for the private-label securities market. Mortgage securitizations in the PLS market mirror that approach as well. In the federal court case, “Consumer Financial Protection Bureau v.

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Legal Law Investors Finance 422