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Flyhomes acquires Home Sale Assured

Housing Wire

Founded in 2022 by Eric Meadow, Home Sale Assured produces a “Guaranteed Backup” options contract, which enables existing homeowners to buy their next home before closing the sale of their current home. This deal strengthens our offerings and gives us more tools to serve more customers looking for a better way to buy and sell a home.”

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Private Investors Seeking Retail Real Estate

McKissock

For instance, in 2021 small and private investment firms were responsible for nearly 3/4 of retail asset acquisitions , representing a 30% increase from the prior 10-year historical average. . In this article, we will explore the significance of this trend and the opportunities it can present for you as a real estate agent. .

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Tools To Support Appraisal Adjustments

Appraisal Today

What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” The average contract interest rate for 15-year fixed-rate mortgages increased to 6.61

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Non-Arms Length Sales for Appraisers

Appraisal Today

What should appraisers look for in a sales contract? NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. You are “graded” on how close you come to the sales price.

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Fannie: Words and Phrases in Appraisals

Appraisal Today

In addition, our lenders and GSE’s are implementing tools and programs to identify when “Certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports.” Local real estate agents wanted them. The average contract interest rate for 5/1 ARMs decreased to 5.90 percent from 6.81

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Appraiser Has Very Big Problems With Borrower

Appraisal Today

An example of this in real estate appraisal is the purchase and sale contract. When a property goes under contract, that is an excellent sign of what the buyer and seller conclude the property is worth. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.46

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How top LO Thuan Nguyen plans to grow his business in 2023

Housing Wire

He built features that cater to realtors’ needs – such as weekly updates on the housing market, daily alerts of mortgage rates and keeping real estate agents informed of borrowers’ pre-approval status. If I can open it up and share that with a thousand of LOs, those LOs can use those as a tool to go out and help consumers.