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Agent commission lawsuits cast long shadow over VA, FHA borrowers

Housing Wire

VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance. Potter added: “Government lending would come to a halt. It was through seller incentives that loan originator Ryan Grant helped his FHA borrower buy down 3.5 points from the 7.5%

Agents 443
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As the VA loan turns 80, its economic impact is in the trillions

Housing Wire

according to the most recent data from the National Association of Realtors (NAR). This ranked ahead of education and training (85%), insurance (83%) and health care (73%). This is slightly younger than the median age of all first-time homebuyers in the U.S., And veterans can use them multiple times.

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Tighter Lending Policies Change the Landscape of Condo Mortgage Eligibility for Buyers

Lamacchia Realty

Buyers hoping to purchase condos have been under more stringent lending regulations over the past three years, initially under temporary guidelines that were later made permanent. These regulations included two changes, the first to Significant Deferred Maintenance/Special Assessments and secondly to Insurance Deductibles.

Buyers 60
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Vishal Garg unveils Better’s new strategy as a publicly traded company 

Housing Wire

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. But more recently, we have partnered with Realtors. ” And what is Better.com best at?

Realtors 358
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Agent strategies for getting first-time homebuyers across the finish line

Housing Wire

Not to mention the current mortgage rates at decades-high levels as well as sellers who are locked in with pandemic low rates. But, collectively at the Denver Metro Association of Realtors (DMAR), we all agree that this is really no longer the case and hasn’t been for some time. Sellers are even using this as a tool to attract buyers.

Agents 391
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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases. I’d say there is a 50/50 chance of a letter having an impact on sellers, but when things are tough, it’s worth a shot,” Pascoe said.

Clients 384
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How the homeowner management approach builds a moat around real estate businesses

Housing Wire

Whether you’re on the brokerage or lending side, offering clients something that aligns with today’s narrative is key. While this approach has no doubt generated considerable revenue, it has often led to a lack of repeat business, with the typical Realtor earning only 16% of their income from repeat clients.