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From consultation to closing: The definitive homebuying checklist

Housing Wire

Thats why having a definitive homebuying checklist is an essential part of your agent toolkit. Buyers agents are not just bright smiles that open doors were the guide our clients rely on to navigate the homebuying process. This is when your buyers need you the most.

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Agencies aim to standardize ‘first-generation homebuyer mortgage’ definition

Housing Wire

But if a lender chooses to deliver a loan as a first-generation homebuyer mortgage, then each borrower involved in the loan will need to sign a new form, 1109, which confirms their eligibility under the new definition’s criteria, the bulletin stated.

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On Comparable Sales

Appraisal Buzz

While it may seem arrogant to take on a topic of this import, it is necessary, since there is not currently a formal definition. But there is no formal, universally recognized definition. Again, there is no formal, universally accepted definition of a comparable sale. There are descriptions of what a comparable sale is.

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A tame housing market & condo issues

Sacramento Appraisal Blog

We are definitely seeing signs of seasonality, but the market isn’t blazing hot either. That’s a good way to describe the spring season so far. Historically, the housing market really picks up in March, so let’s talk about that (and touch base on condos).

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TCPA modifications, set for today, struck down by appeals court

Housing Wire

In December 2023, the FCC revised the definition of prior express consent in its one-to-one rule, so that consent must be given to only one entity at a time, and that the subject matter of the calls must be logically and topically associated with the interaction that prompted the consent.

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There Goes the Neighborhood.

Appraisal Buzz

In a recent selling guide announcement by Fannie Mae (November 6, 2024), it was mentioned that they had collaborated with Freddie Mac to update the standardized definitions for neighborhood and market area. The updated definitions are provided below, along with their corresponding definitions from the Appraisal Institute.

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Midwest, Northeast housing markets stay hot amid national cooldown

Housing Wire

I think that we’ve underbuilt for 13 years in this country and in this state, so definitely, new construction is in order, she said. That would definitely help with the sale pricing of new construction. I’m just concerned about the price of new construction when we rely so much on imported goods for building these homes.