Housing Wire

APRIL 5, 2021

” Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Helena [California] whose home burned down in the last fire and only half of it was covered by the insurance company.

Buyers 464

Buyers Real Estate Agent Real Estate Brokerage 464

Realtor

OCTOBER 16, 2023

And while there are ways to lower those costs , navigating the home loan process is extremely complicated—particularly for first-time homebuyers. ” However, keep in mind that you will have to pay private mortgage insurance if you put less than 20% down, which increases your monthly payments. ” 9.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 453

Real Estate Agent Loan Officers Real Estate Agents 453

Housing Wire

NOVEMBER 8, 2021

“This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender.

Clients 393

Clients Agents Buyers Sellers 393

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. Running the table in a real estate transaction is not for the faint of heart, nor for the passive.

Real Estate Agent 364

Real Estate Agent Real Estate Project Management Agents 364

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. Title plants are datasets of records that are critical to underwriting title insurance policies for real estate transactions. As of Sept.

Mortgage 368

Mortgage Real Estate Investing Technology 368

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 423

Business Mortgage Loan Officers Inventory 423

PennyMac

JUNE 28, 2022

Throughout the process of buying a home, many professionals have contributed important services, and both buyers and sellers will need to pay fees for that before the property can be officially sold. Closing costs can apply to both the buyer and seller. Down payments of 10–24.99%—sellers can contribute 6% of closing costs.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Birmingham Appraisal

SEPTEMBER 15, 2022

Other nontraditional uses for an appraisal include valuation for insurance companies, helping sellers arrive at a market value to list their home, estate planning, and tax appeals. Other users might be sellers, mortgage underwriting, banks, and contractors. Related posts: Things agents do that appraisers hate.

Appraisal 90

Appraisal Inspection Appraisal Process Real Estate Agent 90

Quicken Loans

JUNE 10, 2021

Maybe you’ve tried contacting a real estate agent, who probably told you to call back after you’ve been “preapproved.” Immediately, the question arises: How do you start the process of getting a mortgage loan? If you’re buying for the first time , the mortgage loan process can be confusing and unfamiliar.

Mortgage 68

Mortgage Real Estate Agent Sellers Appraisal 68

PennyMac

DECEMBER 22, 2020

REO properties are attractive to homebuyers or real estate investors for several reasons. 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. Step 9: Finalize Your Loan.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

PennyMac

APRIL 2, 2020

Getting this first step in the loan process completed before you start looking at homes will ensure that you are ready to make an offer (and succeed!) Plus, some sellers will only consider offers from buyers who are pre-approved, so it’s best to set yourself up for success with this easy move. when you find your dream home.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

Housing Wire

JULY 9, 2021

Still, the residential real estate ecosystem is complex, even opaque to many. So too does trust — usually manifested in the relationship between a buyer/seller and a real estate agent. In real estate, data is king. Technology plays a big role. Does your CRM hurt or help the customer experience?

Real Estate 442

Real Estate Business Valuation Technology 442

Appraisal Today

OCTOBER 14, 2022

Appraisers who excel in this specialized field are generally those who “are willing to spend the time necessary to complete extensive research, are willing to write detailed appraisal reports, and are willing to communicate and interact with real estate agents and builders in the luxury real estate market,”.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Will Springer Realtor

MARCH 30, 2021

In this seller-friendly market, sometimes dozens of buyers make bids on a single home. Earnestly speaking – To make a good first impression with the seller, buyers should offer a high earnest money deposit, say 7% or more. Non-refundable fee – Some offers include a non-refundable fee to sellers just for accepting the buyer’s bid.

Inspection 36

Inspection Sellers Buyers Real Estate 36

Appraisal Today

AUGUST 13, 2023

2023 E&O Insurance Brokers Risks of Expert Work by Claudia Gaglione, Esq A long article from Claudia with 4 very good case studies. Dear Sellers, the housing market misses you It’s tough to value properties today! As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

PennyMac

JUNE 14, 2021

A real estate agent — specifically a buyer’s agent — can help you through every step of the homebuying process. A good buyer’s agent paves the way to a smooth and successful homebuying experience. Why Should I Use a Buyer’s Agent? What Does a Buyer’s Agent Do for You?

Real Estate 36

Real Estate Agents Buyers Real Estate Agent 36

Assurance Financial

JULY 23, 2021

The exact amount you need to save up for a down payment depends on the type of loan you choose, the market conditions and your financial situation. That might be true, as putting down 20% allows you to avoid paying private mortgage insurance (PMI) premiums and can mean you get a better interest rate on your loan.

Mortgage 74

Mortgage Real Estate Agent Government Loan Officers 74

Clear Capital

SEPTEMBER 29, 2021

So there’s this real estate agent — are you with me? I mean, like, total disaster of a listing that’s been sitting on the market for months in the midst of a very hot seller’s market. So he calls up the seller guy. But this seller has wanted full asking price the whole time.

Sellers 69

Sellers Agents Real Estate Buyers 69