Lamacchia Realty

DECEMBER 20, 2022

Property Insurance Reform in Florida Sets Out to Stabilize Market. Governor DeSantis signed two new bills which support disaster relief and overhauls Florida’s home insurance , for which rates have risen to the highest in the nation, with $4,232 as the average Florida premium- nearly triple the nationwide average. No Comments.

Insurance 41

Insurance Marketing Realty Home Value 41

Housing Wire

MAY 25, 2023

[They likely] would feel much more confident that they can keep a significant amount of the proceeds from their departure home and not have to make monthly mortgage payments, provided they continue to pay their taxes and insurance and maintain the home,” said Rob Cooper, National Purchase and Builders Sales Leader for Longbridge. “If

Loan Officers 397

Loan Officers Real Estate Agent Real Estate Finance 397

Eppraisal

DECEMBER 9, 2021

It is December and it's still a hot real estate market for sellers. Houses are selling in record time and prices have risen at unbelievable rates; homeowners are experiencing nice increases in home values. Buyers lost out on homes because of other buyers and investors paying cash.

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Sellers Buyers Home Value Insurance 36

Appraisal Buzz

JULY 18, 2022

Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. Therefore, it begs the question: what will happen to home values? Sellers are panicking right now which is almost always an opportunity for buyers.

Sellers 435

Sellers Marketing Market Value Home Value 435

Housing Wire

JUNE 24, 2021

“According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer. Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset.

Valuation 394

Valuation Real Estate Agent Real Estate Clients 394

Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. percentage points of the loan amount,” Nunziata said. in November, down from a 9.2%

Marketing 410

Marketing Government Mortgage Sellers 410

Eppraisal

FEBRUARY 14, 2023

There are many terms used in real estate transactions that home buyers and sellers may not completely understand. Buyers and sellers will often use the terms title and deed interchangeably. If you are buying a home in the near future, here's a crash course to help. A deed conveys ownership right to a property.

Legal 69

Legal Insurance Sellers Real Estate 69

Raleigh Realty

FEBRUARY 19, 2022

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

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Appraisal Process Appraisal Construction Sellers 139

Eppraisal

MARCH 29, 2022

Among the diverse assets seniors can pass on is the familial home. In many cases, this property is mortgage-free and home values are high in a tight, sellers' real estate market. This coverage can pay for services administered in the home or in an institutional setting. Who Gets First Dibs?

Insurance 69

Insurance Legal Home Value Real Estate 69

Eppraisal

JULY 8, 2022

With home values rising and buyers paying high prices for homes, title companies' roles are more important than ever. Buyers paying these high prices for homes deserve protection. 2) Provides insurance policies to protect the lender and the homeowner. In fact, they play quite a few roles.

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Insurance Real Estate Home Value Buyers 36

Eppraisal

AUGUST 22, 2023

From their utilization in the residential market for individual buyers and sellers to their integration within the operations of banks, insurance and real estate companies, AVMs have revolutionized the way property values are assessed. Home Buyer: Assessing Affordability Home buyers benefit from Consumer AVMs as well.

Real Estate 36

Real Estate Real Estate Agent Valuation Sellers 36

Realtor

NOVEMBER 16, 2017

No mortgage insurance. Most conventional buyers have to pay private mortgage insurance if they put less than 20% down. FHA loans come with their own forms of mortgage insurance. But a VA loan waives that insurance requirement. Title insurance. And trust us—this one’s important. Limited closing costs.

Insurance 146

Insurance Appraisal Buyers Real Estate 146

Eppraisal

MAY 25, 2021

Advantages of a VA Home Loan According to mortgagereports.com, "the VA loan asks for no down payment, requires no mortgage insurance, and has lenient rules about qualifying, among other advantages." The VA home loan is a true "no money down" home loan opportunity. Let the sellers choose a convenient closing date.

Sellers 36

Sellers Home Value Inspection Government 36

Zillow

JULY 15, 2019

Capacity : The amount of money a home buyer can afford to borrow. Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Eppraisal

APRIL 22, 2022

Congratulations on your new home! It is a great time to purchase a home, as home values are still rising. You can look forward to moving into your new home and making it your own. Now that you have closed on your new home, there are a few things you need to attend to right away.

Insurance 67

Insurance Home Value Inspection Government 67

Eppraisal

DECEMBER 8, 2023

This not only gives you a clear idea of your budget but also makes you a more attractive buyer to sellers. Understand Home Values and Conduct Home Valuations To make informed decisions, it's crucial to understand the current market and home values in your desired area. Happy house hunting!

Buyers 36

Buyers Home Value Property Taxes Real Estate Agent 36

Eppraisal

JANUARY 29, 2023

Obviously, there are certain elements of home sales that do not apply to the exchange of raw land, at least not yet. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. Another measure of value -- land values, not home values -- is information derived from a raw land appraisal.

Development 36

Development Counter Offer Easement Legal 36

Eppraisal

JULY 19, 2022

With home values rising and homes selling at record speed, it is helpful to have an attorney on your side during the transaction. Contract Review Whether you are a home buyer or a home seller, once you sign a contract it is time to hire a real estate attorney. Many sellers today do not attend closings.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

Eppraisal

DECEMBER 9, 2022

As buying a home is one of the most important investment decisions you will ever make, it is crucial to understand the current real estate market before you dive in. Home values rose double digits, year-over-year, the past couple years? Here are a few considerations to keep in mind before you purchase a home.

Real Estate Agent 68

Real Estate Agent Real Estate Agents Home Value 68

Eppraisal

JULY 27, 2022

Home sellers have been reaping the rewards as home values have risen over the past couple years. You can negotiate more than just price when selling your home. Title Fees Sellers have to pay the title company for their services and for a seller's title insurance policy.

Real Estate Agent 36

Real Estate Agent Real Estate Brokerage Sellers 36

PennyMac

JUNE 28, 2022

More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. At this point in the home buying process, you’re probably wondering why closing costs are necessary. Closing costs can apply to both the buyer and seller. Escrow Deposit.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Eppraisal

APRIL 27, 2021

If you've been able to save for a larger down payment, you may qualify for a lower interest rate and you won't have to pay private mortgage insurance (PMI) if you're able to put 20% down on a conventional loan. Interest rates are still historically low, so it's a great time to borrow money to purchase your first home.

Property Taxes 50

Property Taxes Home Value Landlords Insurance 50

Realtor

NOVEMBER 16, 2017

No mortgage insurance. Most conventional buyers have to pay private mortgage insurance if they put less than 20% down. FHA loans come with their own forms of mortgage insurance. But a VA loan waives that insurance requirement. Title insurance. And trust us—this one’s important. Limited closing costs.

Insurance 78

Insurance Appraisal Buyers Real Estate 78

Raleigh Realty

MARCH 29, 2021

Build Equity Every time you make a mortgage payment, you build equity in your home. Think of equity as the amount of money your home is worth after what you owe is deducted. When your home value goes up and you start paying off the loan's principal balance, that builds equity. And shop around for lenders.

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Government Real Estate Agent Insurance Property Taxes 148

Eppraisal

APRIL 21, 2023

Depositors are compensated -- in part or in full -- by the Federal Deposit Insurance Corporation (FDIC) or, in the case of a failed credit union, the National Credit Union Administration (NCUA). In this scenario, the bank failures can be a positive for sellers and home value since more purchasers are shopping.

Lending 28

Lending Housing Market Marketing Real Estate 28

Listing Spark

OCTOBER 13, 2022

Days on the market are up, home prices are down, but it’s not all doom and gloom. What should buyers and sellers be doing right now? How to vet real estate agents as a seller. In August, the median home value in the greater Austin metropolitan area was $496,000 and that’s up 5%. Episode highlights.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Assurance Financial

SEPTEMBER 20, 2021

It’s important to note that any down payment under 20% normally requires mortgage insurance. However, if you put down more than 20%, you don’t need insurance. There are a few things to consider when deciding how much you can afford to put down or how much you should put down when buying a home. What Is a Loan-To-Value Ratio?

Insurance 36

Insurance Mortgage Buyers Government 36

Appraisal Today

JUNE 23, 2023

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making. The models aren’t able to think like buyers and sellers.

Appraisal 86

Appraisal Real Estate Valuation Contracts 86

Round Rock Appraisal

MARCH 28, 2015

An appraisal of property serves the benefit of both the seller and the buyer. This not only makes sure the price listing for the property is fair but also to insure the buyer isn’t overpaying. Purchasing a home is the largest investment most people will ever make in their lifetime. Paying Too Much For Too Little.

Buyers 36

Buyers Appraisal Renovations Property Taxes 36

The Robert Weiler Company

OCTOBER 15, 2021

Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. As such, investors must verify the seller, financials, and property obligations (i.e., Assuming the seller has provided full disclosure of any issues regarding the commercial property.

Investing 138

Investing Real Estate Tenants Investors 138

Zillow

JUNE 20, 2018

Likewise, real estate agents representing sellers on homes you're interested in will often prioritize purchase offers based on the quality of loan approvals. Mortgage insurance is always required if you put less than 20 percent down. But you can buy a home with less than 20 percent down and avoid mortgage insurance.

Mortgage 36

Mortgage Real Estate Agent Real Estate Insurance 36

AmeriMac

JUNE 6, 2022

As a homeowner, you may be asked to get a home appraisal for a variety of reasons. Maybe you’re refinancing your mortgage, or perhaps you’re selling your home. As a home seller, you will need to go through the process of home appraisal to secure a mortgage. What is a Home Appraisal?

Appraisal 36

Appraisal Renovations Buyers Lending 36

Hood Homes Blog

APRIL 29, 2018

Many of these tools are generally either impossible for unlicensed sellers to get ahold of or very cost and time prohibitive. Seller Tool Kit. I created a page here with the top tools and articles I’ve written for anyone considering selling a home in the Fort Hood area. Home Value. Price Estimate.

Real Estate Agent 36

Real Estate Agent Realtors Tools Agents 36

Housing Wire

MAY 24, 2023

This homebuying season – and year-round – industry professionals must do their part to ensure home buyers understand the threat of real estate wire fraud and how they can protect themselves. As home values rise, so do the loss amounts from these scams. billion in reported losses in 2022.

Real Estate 384

Real Estate Buyers Real Estate Agent Sellers 384

PennyMac

DECEMBER 22, 2020

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. HVAC, plumbing), the structural integrity of the home, and check the prices of comparable homes in the area. Step 10: Closing.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Raleigh Realty

MAY 3, 2021

Build Equity Your home will have a value assigned to it, and you'll be making mortgage payments. The difference between the home's value and what is left in your mortgage is the equity. In other words, if your home is worth $100,000 and you have $60,000 remaining in your mortgage, you have $40,000 worth of equity.

Real Estate Agent 78

Real Estate Agent Real Estate Insurance Inspection 78

Houston Properties

JANUARY 13, 2021

Do You Want To Buy A Home Now? Avoid 9 Costly Mistakes Sellers Make. If you're looking for a personal recommendation on your situation (buying or selling a home in Houston) and how it could impact your goals, please contact Paige Martin at Paige@HoustonProperties.com. .” 2020 ended favoring sellers.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68