Housing Wire

JUNE 24, 2021

Mortgage startup Accept.inc announced Thursday it raised $90 million in debt and equity. Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets.

Sellers 392

Sellers Buyers Investors Inspection 392

Housing Wire

FEBRUARY 9, 2023

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Northpointe was the 24th largest correspondent lender , according to Inside Mortgage Finance.

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Lending Business Retail Client Relationships 382

Housing Wire

DECEMBER 16, 2022

The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. The market has now faced a contraction in existing-homes sales for nine consecutive months, while home prices and rates rise.

Buyers 471

Buyers Realtors Inventory Sellers 471

Housing Wire

NOVEMBER 29, 2021

Who is crazy enough to write an American economic recovery model on April 7, 2020, and try to explain to people why housing isn’t going to crash due to demographics, good credit profiles and low mortgage rates? An index of 100 is equal to the level of contract activity in 2001.” in October. Year-over-year, signings fell 1.4%.

Inventory 527

Inventory Contracts Training Investors 527

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?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Housing Wire

JANUARY 20, 2023

The lack of sellers is also a demand problem and what we saw after June of 2022 is that sellers called it quits earlier and faster in the year than usual, resulting in total existing home sales totaling 5,030,000 to end 2022. During that period, we saw new listing data decline. Also, this is what the Federal Reserve wants.

Inventory 540

Inventory Housing Market New Listings Marketing 540

Housing Wire

FEBRUARY 18, 2022

“Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. from December and mortgage rates shot up 30 basis points. Homes went under contract in just 19 days on average, down from 21 a year ago.

Supply Chain 404

Supply Chain Inventory Buyers Contracts 404

Housing Wire

MAY 20, 2022

Investment homes often take longer to sell because your audience is other investors. Roofstock Marketplace , for example, offers services to help sellers who need to sell their homes fast, including key market insights to help with pricing. The mortgage company will report your debt paid as agreed.

Real Estate Agent 404

Real Estate Agent Tenants Real Estate Agents 404

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.

Investors 36

Investors Brokerage Real Estate Agent Real Estate 36

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. Outright sales of 2% and 2.5%

Marketing 382

Marketing Investing Mortgage Investors 382

Housing Wire

APRIL 9, 2021

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. WRRE also will help them buy, finance and insure their next home purchase, with mortgage closing times in as few as eight days, considerably faster than the industry average.

Brokerage 404

Brokerage Real Estate Clients Insurance 404

Housing Wire

JUNE 9, 2022

That bolt-like spike in rates put many mortgage lenders into crisis mode. Still, a good portion of the lower-rate mortgage paper has worked its way through the system and is being replaced by higher-rate mortgage loans. Interest rates jumped by more than 2 percentage points over the first quarter of 2021.

Marketing 382

Marketing Contracts Technology Mortgage 382

Housing Wire

SEPTEMBER 22, 2022

Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . million in August.” million in August.”

Inventory 450

Inventory Housing Market New Listings Mortgage 450

Housing Wire

OCTOBER 1, 2022

Mortgage interest rates have risen quickly in the past few months further eroding affordability. Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. However, in many areas of the country it does remain a seller’s market.

Realtors 393

Realtors Housing Market Marketing Buyers 393

Housing Wire

AUGUST 23, 2023

According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. Better wants to sell this platform to other companies, becoming a “mortgage-as-a-service” company or a white-label provider of mortgage tech, Garg said. ” And what is Better.com best at?

Realtors 370

Realtors Technology Insurance Mortgage 370

Housing Wire

JANUARY 27, 2022

Use of the cash window for delivering mortgages to Fannie Mae and Freddie Mac was disrupted in a big way over the course of last year as lenders reacted to expectations that a cap on cash transactions was slated to go into effect by the start of 2022. So, I think that is where not going to the cash window should be better for innovation.”.

Mortgage 370

Mortgage Investors Finance Contracts 370

Listing Spark

JULY 6, 2021

They then either flip them for a profit, keep them as a rental property, or wholesales the contract to another investor. When dealing with We Buy Ugly Houses and selling your home for cash, the process will be much like working with other real estate investors. Most traditional buyers have to get a mortgage.

Sellers 36

Sellers Contracts Investors Real Estate 36

Miller Samuel

FEBRUARY 12, 2019

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. Meanwhile, sellers are anchored to another market completely, he said. In 2018 the discount was 5.2%.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Housing Wire

NOVEMBER 29, 2023

Forming partnerships with mortgage brokers can be mutually beneficial. It offers a multichannel online advertising service that finds and attracts potential leads, leveraging search intent targeting and social information to engage with potential buyers and sellers.

Real Estate 404

Real Estate Buyers Tools Real Estate Agent 404

Housing Wire

DECEMBER 20, 2021

While the family’s income has been cut by almost half and inflation has increased their expenses, Wilen’s primary concern is his mortgage. mortgage for 12 months, and the county where he lives paid three months of his mortgage bill as part of an assistance program. He is afraid of losing his home.

Mortgage 393

Mortgage Government Contracts Insurance 393

Housing Wire

AUGUST 24, 2023

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. Other indices showed even higher mortgage rates.

Mortgage 370

Mortgage Property Taxes Investors Buyers 370

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.

Appraisal 66

Appraisal Real Estate Contracts Design 66

McKissock

OCTOBER 3, 2021

Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. . As a wholesaler, you need to find a property for sale, acquire a contract from the seller, identify a buyer, and assign the contract to him or her.

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

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.

Investing 138

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. Sellers are demanding - and getting - buyers to waive checks that are intended to provide a level of risk management. A rent back?

Buyers 52

Buyers Inspection Contracts Sellers 52

Eppraisal

JULY 21, 2023

Let's examine the current status of rent-to-own agreements and explore whether they remain a viable option for both buyers and sellers. As property prices soared in many regions, sellers are less inclined to offer rent-to-own options. One of the primary reasons for this decline is the revitalization of the housing market.

Real Estate 36

Real Estate Sellers Investors Finance 36

The Robert Weiler Company

JUNE 17, 2022

An investment in this market can provide reliable cash flow, steady appreciation, lower maintenance and management efforts per unit, and diversification of an investor’s portfolio. For new commercial real estate investors, buying a small apartment building for sale is a good investment choice. Reliable Cash Flow. Passive Income.

Property Management 147

Property Management Renovations Real Estate Investing 147

McKissock

APRIL 3, 2022

For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks. Real Estate Smart Contracts. And the fewer who are involved in the process of their home buying or selling process, the quicker it will be. The Current State of Bitcoin.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Eppraisal

JANUARY 31, 2023

Having identified a parcel of vacant land -- and negotiated a purchase contract with the seller -- the investor in raw land is now at the point where financing becomes the issue.  There Land Loan A land loan differs from a home mortgage in that the collateral does not include any structure. Why does this matter?

Development 36

Development Finance Sellers Home Value 36

PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Other cash buyers, like investors, may also be ready to buy your house quickly. Especially in a seller’s market, you will likely be able to sell successfully. The home-selling process can be challenging at times.

Renovations 36

Renovations Inspection Sellers Buyers 36

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. The expansion comes amid a surge in mortgage rates and declining loan origination volume.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Housing Wire

APRIL 19, 2021

The most surprising truth here is that the mortgage industry, awash with profits from the past year or so, has turned an almost blind eye toward these steps. In fact, he works for an FHFA director who controls everything from executive hiring decisions, public communications and mortgage policy. 29, 2020.

Mortgage 513

Mortgage Government Investors Marketing 513

McKissock

MAY 8, 2022

For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks. Real Estate Smart Contracts. And the fewer who are involved in the process of their home buying or selling process, the quicker it will be. The Current State of Bitcoin.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 52

Listing Spark

OCTOBER 27, 2022

The real estate market is ever changing for buyers, sellers, and investors. Should you be offering concessions if you are a seller? We’ll dive into how the current real estate market is affecting buyers, sellers, and investors with Ellen Steele, a Realtor with ListingSpark that has had over $10M in sales in the last 12 months.

Real Estate 36

Real Estate Sellers Buyers Real Estate Agent 36

Appraisal Today

OCTOBER 27, 2023

Speaking of surprises, a recent Zillow analysis finds most states don’t require sellers to disclose paranormal activity in the home they’re selling. Some are busy, usually in rural areas and/or non-lender appraisals. == Mortgage applications decreased 1.0 October 25, 2023) — Mortgage applications decreased 1.0

Property Appraisal 71

Property Appraisal Appraisal Business Contracts 71

Housing Wire

OCTOBER 22, 2021

Austin-based mortgage tech platform UpEquity raised $50 million in a Series B funding round led by the venture capital firm S3 Ventures. Other investors included Next Coast Ventures , BP Capital Management , Alumni Ventures , Gaingels, Launchpad Capital, and Early Light Ventures.

Investors 403

Investors Contracts Buyers Mortgage 403

Housing Wire

AUGUST 7, 2023

Even as mortgage rates climbed over 7% in the past six weeks, home prices have not declined. Mortgage rates are sitting at their highest levels in many years. The surprisingly strong economy has the markets assuming the Fed will keep rates higher for longer, therefore, mortgage rates follow suit. in just a few weeks.

Inventory 368

Inventory New Listings Contracts Buyers 368