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Reverse purchase financing: The financing option no one is talking about

Housing Wire

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ).

Finance 418
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Buydowns become key for buyers to beat the market

Housing Wire

What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. in the second year.

Buyers 463
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Buyside helps real estate brokers stand out from the competition by providing them with real-time data

Housing Wire

Despite low inventory, the housing market is expected to remain strong in 2021 due to low mortgage rates. And with this housing boom will come even more questions from homeowners who want to know their housing options. Many real estate professionals discount the seller lead. Charles Williams, Founder & CEO.

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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

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Knock expands its Home Swap solution in Texas

Housing Wire

“The most exciting part of our partnership with Knock is the ability for agents to make non-contingent offers in this incredibly aggressive seller’s market,” Jack Hawthorne, team leader at Keller Williams Heritage said in a statement.

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Knock Home Swap expands presence in Florida market

Housing Wire

Home Swap is offered exclusively through local real estate professionals who have been trained as Knock Certified Agents. In these markets, Home Swap will be offered through The Keyes Company and The Signature Real Estate Companies. ” The post Knock Home Swap expands presence in Florida market appeared first on HousingWire.

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5 steps to succeed as a real estate agent in a down market 

Housing Wire

Visibility: Making your presence known In a down housing market , it goes without saying that visibility is crucial. Read about what’s going on in the market. Share your insights about it on your stories or your statuses, offer tips for buyers and sellers and showcase your expertise.