article thumbnail

Winners and losers of this volatile housing market

Housing Wire

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms.

article thumbnail

12 Questions to Ask Your Real Estate Agent

PennyMac

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Here are 12 questions that will help you avoid the bad actors in your search for a great real estate agent. How long have you been working as a real estate agent?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A property tax reckoning is coming

Housing Wire

In Spokane, Washington, a mortgage loan officer at a regional bank has seen five borrowers qualify for a mortgage for one amount, only to have that number slashed a few months later. Landlords, who were responsible for paying the tax, defied it, and boarded up windows in their buildings. They were approved in December,” he said.

article thumbnail

Choosing the Right Lender

PennyMac

Prepare for Meeting with a Loan Officer Once you find a prospective lender, you’ll meet with a loan officer or expert in person, through email or over the phone to discuss your mortgage options. This meeting will provide a foundation for your loan officer to match you with a home loan that meets your needs.

article thumbnail

How to Buy a Rental Property: Get Tips from the Experts

PennyMac

Or, have you seen friends or family find success in real estate? Here are some tips from real estate experts on how to buy a rental property that’s right for you. Here are some tips from real estate experts on how to buy a rental property that’s right for you. Kevin Vandenboss.

article thumbnail

The Pros and Cons of Buying a House

PennyMac

The ability to decorate your walls, or paint them sky blue, and live with a pet without landlord approval makes buying a home attractive, as do the substantial financial benefits such as tax savings and equity building. The landlord can decide at any time to raise the rent. Landlord pays for necessary repairs and maintenance.

article thumbnail

Buying a Second Home – What You Need to Know

PennyMac

Real Estate Investments. People looking to get into the real estate business are the perfect candidates for a second home. Renters rely on landlords who take care of their property. If you’re renting, there’s also landlord insurance. Connect with a Pennymac loan officer today. Maintenance.

Tenants 36