Housing Wire

MARCH 22, 2021

When there’s a bidding war, cash is king. And a recent Redfin study confirmed that it’s the only sure-fire way to win that dream house in a market this crazy. Homebuyers who offer all-cash improve their chances of winning a bidding war by 290%, per Redfin’s study of clients buying homes between June 2020 and February 2021. And waiving the financing contingency is the second-most effective bidding-war strategy, Redfin officials said – improving homebuyers’ odds of wi

Inspection 545

Inspection Inventory Buyers Sellers 545

The Appraiser Coach

MARCH 23, 2021

I recently broke my scapula taking my 11-year-old dirt biking. I should have brought another adult, but it was his and my bonding time. To set the scene: We were. Read More.

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Advertising Real Estate Agent Government Inspection 243

George Dell

MARCH 24, 2021

Is there bias in the American Dream? Do we need a “loan conditions” adjustment? Read Part 2 here. Loan conditions have nothing to do with ‘financing’ adjustments as we know them! One is local. The other is global. So how might loan conditions affect “market value”? Financing conditions are often related to motivation in sale […]. The post The American Dream and Bias in Loans?

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Loan Conditions Market Value Finance Marketing 195

Appraiserblogs

MARCH 22, 2021

What is the actual reason USPAP was extended without warning for an additional year? Don’t get me wrong. I am all for longer USPAP cycles or doing updates on an as-needed basis in an industry that changes very little. As I’ve mentioned before, Dave Bunton of TAF said during the ASB public call on February 19th that USPAP was extended another year because of COVID – yet that makes no sense.

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Appraisal 142

Housing Wire

MARCH 25, 2021

Private mortgage insurance helped over 2 million low downpayment borrowers secure mortgage financing in 2020, a 53% increase from 2019, according to data from the government sponsored entities. The private mortgage insurance industry also supported $600 billion in mortgage originations. The result was approximately $1.3 trillion in outstanding mortgages with active private mortgage insurance coverage by year’s end.

Insurance 544

Insurance Mortgage Finance Buyers 544

Raleigh Realty

MARCH 23, 2021

How to Sell a House By Owner (FSBO) Before selling your home for sale by owner, it's important to understand the pros and cons, what's involved, and what to expect throughout the process. The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. Do you really save money though when you sell by owner?

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Real Estate Agent Real Estate Realtors Contracts 133

Appraiserblogs

MARCH 25, 2021

What once was a ‘three year’ project to redesign and implement revised appraisal forms has morphed into one taking far longer. Actual implementation and use of ‘new forms’ are not scheduled to happen until (presumably) early in 2024, but could be extended even further. By 2024, the currently used ‘forms’ will be 19 years old, and the current UAD overlay entering ‘teenage hood’ at 13.

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Modernization Appraisal Lending Mortgage 117

Housing Wire

MARCH 25, 2021

The broader economy showed signs of recovery last week, pushing the average mortgage rate for a 30-year fixed loan up eight basis points to 3.17%, according to Freddie Mac ’s Primary Mortgage Market Survey. Since January, mortgage rates have increased roughly 50 basis points from historic lows and home prices have risen, leaving would-be homebuyers with less purchasing power.

Mortgage 543

Mortgage Construction Realtors Inventory 543

Working RE

MARCH 25, 2021

> E&O/GL Insurance for Home Inspectors Competitive Rates, Broad Coverage, Free Risk Management, online inspection support for tough questions, discounts on education and more. Professional Coverage, Competitive Pricing Shop OREP today! >> Editor’s Note: To help you stay up-to-date and connected, OREP/Working RE has established a Coronavirus (COVID-19) Discussion and Resource Page where you […].

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Business Inspection Insurance 78

McKissock

MARCH 22, 2021

Due to the overwhelming success of our inaugural Real Estate Agent Income Guide in 2018 and 2019, McKissock Learning is back with an all-new guide stuffed with the latest income statistics from licensed real estate professionals across the United States. In December of 2020, we reached out to thousands of licensed real estate agents and brokers to better understand the tactics and strategies used to drive income.

Real Estate 75

Real Estate Real Estate Agent Investing Agents 75

Valuation Review

MARCH 24, 2021

Pretium, a specialized investment management company focused on real estate, mortgage finance and corporate credit, announced John Keratsis will succeed Matt Nichols as president and CEO of its Deephaven mortgage platform. Read on to learn more.

Real Estate 60

Real Estate Finance Investing Mortgage 60

Housing Wire

MARCH 25, 2021

If you’re a first-time homebuyer (or you already own a home), you’ve heard of mortgage loans. You have your conventional loans, FHA loans, VA loans, USDA loans and so on. But there’s another type of loan, not too many people are familiar with that can make the home buying process much easier. Yes, we’re talking about a bridge loan. Haven’t heard of them?

Buyers 542

Buyers Finance Home Value Real Estate 542

BiggerPockets

MARCH 24, 2021

“Step right up! Come one, come all! Today we’re offering an opportunity to quadruple your money!” Would you take this deal? After all, who wouldn’t want a 300% profit on […].

Investing 69

Investing Real Estate 69

Eppraisal

MARCH 24, 2021

Now that spring is here (or near) in many parts of the country, it's time to start thinking about a spring tune-up for the interior and exterior of your home. As the saying goes, "An ounce of prevention is worth a pound of cure." If you follow these tips every spring, you'll be sure to help prevent expensive repairs needed in and around your home. In addition, you'll be keeping your home value up.

Home Value 69

Home Value 69

Valuation Review

MARCH 24, 2021

Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors, servicers and GSEs, recently appointed capital markets veteran Brian Frye executive vice president, servicing and capital markets strategy. Read on for more about this appointment.

Mortgage 60

Mortgage Investors Marketing 60

Housing Wire

MARCH 25, 2021

Do I need to pay off my student loans before buying my first home? It’s a common question, but unfortunately, not an easy one to answer. The truth is, every situation is different. What it really comes down to is whether or not you feel comfortable paying a mortgage (and all the other fun expenses that come with having a home), while also paying off student loans.

Finance 500

Finance Real Estate Insurance Government 500

BiggerPockets

MARCH 24, 2021

Retiring via passive income is why most people get into real estate, but rarely does someone accomplish that goal within just two years! Rachel Richards, real estate investor, agent, and […].

Real Estate 69

Real Estate Investing Investors Agents 69

McKissock

MARCH 23, 2021

On Wednesday, April 7, 2021, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “The Appraisal Foundation 2021 Q2 Update.” Participate in this Q&A session with Lisa Desmarais, Vice President, Appraisal Issues with The Appraisal Foundation (TAF). Hear about proposed changes to USPAP as well as an update on current AQB and ASB activities.

Appraisal 56

Appraisal Real Estate Development Investing 56

Valuation Review

MARCH 24, 2021

CoreLogic released its Home Price Index and HPI Forecast for January 2021. CoreLogic President and CEO Frank Martel noted record-low mortgage rates as significant. Read on to learn more.

Mortgage 60

Mortgage 60

Housing Wire

MARCH 25, 2021

HomeServices of America Inc. reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual RealTrends 500 ranking. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass. HomeServices of America, a subsidiary of Warren Buffett’s Berkshire Hathaway conglomerate, was involved in 343,220 brokerage sides and etched out

Brokerage 491

Brokerage Realty Real Estate Agents 491

BiggerPockets

MARCH 23, 2021

It’s hard to leave a comfortable job, especially when you’re working with family. What happens if you can’t make your entrepreneurial dreams work, what if you need health insurance, what […].

Insurance 69

Insurance Real Estate 69

McKissock

MARCH 26, 2021

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership ?

Appraisal 55

Appraisal Training Design Real Estate 55

Valuation Review

MARCH 24, 2021

Now more than ever, appraisers need to take full advantage of technology opportunities within the industry. Valuation Review gets more thoughts from a company who speaks to those advantages for the commercial appraiser. Read on for more.

Technology 60

Technology Valuation Review Appraisal Valuation 60

Housing Wire

MARCH 22, 2021

HousingWire recently sat down with AmeriHome Chief Operating Officer and Managing Director John Hedlund to discuss key growth opportunities in the non-delegated channel that lenders may be missing out on. HousingWire: What are some key growth opportunities lenders may be missing out on, and how can leveraging the non-delegated channel further growth for lenders?

Business 496

Business Lending Investors Sellers 496

BiggerPockets

MARCH 26, 2021

This week’s question comes from Mantas on the Real Estate Rookie Facebook Group. Mantas is asking: How do I place properties under a newly acquired LLC? Before you place your […].

Real Estate 68

Real Estate 68

Eppraisal

MARCH 21, 2021

Home staging practices evolve over time. If you are planning on selling your home in 2021, you'll want to help improve your property value by staging it with new trends, as well as incorporating tried and true staging practices. It's always a good idea to declutter to create more space, take down family photos to depersonalize, make a few repairs, put a fresh coat of paint on the walls, update a bit and replace worn carpeting.

Decorating 41

Decorating Buyers Clients Agents 41

Valuation Review

MARCH 24, 2021

After a very long and difficult year dealing with COVID-19, the news that vaccines are now available has brought hope for many individuals, as well as a rise in economy confidence. Valuation Review spoke to a panel of commercial real estate experts from the JLL Seniors Housing Valuation Advisory team regarding the notion that buyers and sellers may be seeing things differently now.

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Valuation Review Valuation Real Estate Sellers 60

Housing Wire

MARCH 25, 2021

As the refi boom fades, gain-on-sale margins at loanDepot are declining, the company disclosed in a new filing with the Securities and Exchange Commission this week. The Tuesday filing shows that loanDepot, the nation’s second-largest retail lender, originated $25.1 billion worth of residential loans in January and February, compared to the $37.4 billion the company originated in the fourth quarter of 2020.

Retail 491

Retail Mortgage Design Business 491

BiggerPockets

MARCH 22, 2021

No one said that being a landlord was easy. Of course, the idea of passive income from property investment is appealing. But managing properties is not a passive job. Apart […].

Tools 67

Tools Landlords Investing Technology 67

Buys Brokers Only LLC

MARCH 21, 2021

U.S. mortgage interest rates rose to the highest level in nearly nine months for the week ending March 18, 2021, according to Freddie Mac's weekly Primary Mortgage Market Survey.

Mortgage 36

Mortgage Marketing Realtors Real Estate 36

Valuation Review

MARCH 22, 2021

Lument has announced the closing of a $41.5 million Freddie Mac loan to refinance Hillcrest Country Estates Grand Lodge, an upscale senior living community in Papillion, Neb., according to a Freddie Mac. Read on to learn more.

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Housing Wire

MARCH 23, 2021

Brad Wayman. Citigroup named Brad Wayman as head of U.S mortgage after serving in the role since December. Wayman first joined Citi in 2003, and most recently, he held the position of head of U.S mortgage sales , where he led distributed retail sales, direct to consumer sales, strategic market business development, community reinvestment strategy and sales support.

Retail 485

Retail Mortgage Clients Lending 485

BiggerPockets

MARCH 21, 2021

You may hear of 20 year olds with $1,000,000 in real estate, or a novice flipper doing 50 flips a year, or even a wholesaler who made six figures on […].

Real Estate 69

Real Estate 69

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. From slow turn times to increasingly high fees, lenders and buyers face various problems when acquiring an appraisal.

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Appraisal Process Appraisal Property Taxes Buyers 36