Housing Wire

JULY 1, 2021

According to Buildfax, a housing data and analytics company, money spent on remodeling has increased over 40% from this time last year. According to Buildfax, a housing data and analytics company, money spent on remodeling has increased over 40% from this time last year. It’s no secret that home improvements can be a costly endeavor.

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Renovations Appraisal Valuation Investing 414

Housing Wire

JUNE 30, 2021

So, what can lenders do to create consistent referrals from real estate agents in their market? That’s unacceptable at any time, but it’s especially deal-breaking in today’s hot market, where homes sell in a record-low 19 days on average. Simple, right? Unfortunately, this dynamic degrades all too often. That’s a powerful lead funnel.

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Housing Wire

FEBRUARY 14, 2022

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. Grace Alipour spoke loudly into the phone over the cries of her two-year-old being strapped into a car seat. “I I started at Redfin 12 years ago,” she said. The pay wasn’t great.”. On a mission.

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Business Brokerage Real Estate Agent Agents 369

DW Slater Company

JUNE 16, 2022

When I was a young poor college student, I got a speeding ticket. When the officer asked me how fast I was going, I told him truthfully that I didn’t know. You see my speedometer had stopped working in my car and I didn’t have the extra funds to fix it so I just drove along with everyone else. What’s Been Driving Our Markets?

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Supply Chain Real Estate Investors Appraisal 159

Cleveland Appraisal Blog

APRIL 29, 2021

With the spring selling season upon us, my volume of work has been very high. What Home Appraisers Look For. Let’s talk about what home appraisers look for, in my experience. That’s going to give you an idea of what we take into consideration when determining the value of your home, and what you can work on.

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Appraisal Investing Buyers Renovations 249

Lamacchia Realty

AUGUST 15, 2023

WE BUY HOUSES: HOME CASH BUYER PROS AND CONS What is a Home Cash Buyer? These types of companies, such as “We Buy Ugly Houses” and “HomeVestors”, specialize in purchasing properties directly from homeowners without hiring a real estate agent or listing on the market like in a traditional real estate sale.

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Buyers Real Estate Agent Real Estate Realty 56

McKissock

JUNE 1, 2021

When selling a home, your pricing strategy makes or breaks your chances for a quick sale. Here, top real estate agents and brokers share the most common home pricing mistakes they see and how to fix them: Mistake #1: Ending a price in 9. The fix: Advise your sellers to price in even increments to capture more online searchers.

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Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). Appraisersblogs with Dave Towne’s opinions plus many appraiser comments. George Dell – his usual very interesting comments.

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Reconsideration of Value Appraisal Real Estate Insurance 71

Movoto

MARCH 8, 2024

Interest Rates The average interest rate for a 30-year fixed mortgage started the month at 6.94%, which is at the low end of the 52-week range. When mortgage rates drop, they should do so before any cuts are made to the federal funds rate. ” Watch the above video to learn what it is and why you should be paying attention to it.

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McKissock

OCTOBER 3, 2021

FREE Guide : Learn how to earn more with our free Real Estate Agent Income Guide. This means that you will be able to find houses being sold below market value, which will make marketing the property easier and your profit larger. How the fix-and-flip investment strategy works. Wholesaling real estate as an investment strategy.

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Investing Real Estate Real Estate Agent Realtors 87

Birmingham Appraisal

AUGUST 23, 2022

Have you seen nearby homes sell and wondered how your home might compare to recent neighborhood sales? This is basically what real estate appraisers do. Today we’ll look at things to consider when comparing your home to recent sales and hopefully it will help provide a little more context into how much your home may be worth.

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Real Estate Agent Appraisal Real Estate Renovations 79

Assurance Financial

DECEMBER 27, 2021

When considering your home loan options, one of the primary criteria to evaluate is the type of interest rate you’ll have: a fixed-rate vs. an adjustable-rate mortgage. Interest rates can be fixed or adjustable. What Is a Fixed-Rate Mortgage? Fixed interest rates stay the same throughout the life of the loan.

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Mortgage Finance Logistics Marketing 74

D Fritz Appraisals

MARCH 7, 2019

While these three factors are out of your control, there are still many things you can do to impress appraisers and list your house for top dollar. While these three factors are out of your control, there are still many things you can do to impress appraisers and list your house for top dollar. It’s often free!

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Renovations Appraisal Real Estate Agent Buyers 78

Appraisal Today

AUGUST 4, 2023

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting.

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Appraisal Business Contracts Real Estate 72

Raleigh Realty

AUGUST 1, 2022

Houses are flying off the market like hot cakes. Before beginning the hunt for a house, buyers scouring home design trends on Instagram and Pinterest will have expectations of how their future home should look. NAR) 27 of buyers were more willing to overlook other property faults when viewing a staged home.

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Sellers Agents Buyers Investing 68

On Q Financial

MARCH 4, 2022

When most people think of buying a foreclosed home, they imagine finding a property that’s been seized and is now being auctioned off to the highest bidder. When most people think of buying a foreclosed home, they imagine finding a property that’s been seized and is now being auctioned off to the highest bidder.

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Buyers Finance Investing Real Estate 68

Appraisal Today

NOVEMBER 24, 2023

In my 20s, I lived in my van for a few years and parked it near my surfer friends’ house in Santa Cruz, CA. They surfed every morning when the waves were good (Steamer Lane), cold or raining. When the waves were low, they stayed home or went over to see if there were any changes. Look at this lull as a time of opportunity.

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Appraisal Mortgage Business Contracts 75

Listing Spark

NOVEMBER 10, 2023

But seeing that high ROI is completely dependent on having the right strategies for securing properties, fixing them up, and selling them to buyers. But seeing that high ROI is completely dependent on having the right strategies for securing properties, fixing them up, and selling them to buyers. What Is the MLS?

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Investors Real Estate Agent Real Estate Agents 69

Assurance Financial

DECEMBER 20, 2021

There are many factors to consider when selling a home, and you may be wondering what happens to your mortgage when you move. If you’re one of the many Americans that own a home with a mortgage, you should know your options when it comes time to sell. Higher or More Frequent Payments.

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Mortgage Sellers Buyers Finance 74

Appraisal Today

JULY 7, 2023

I learned I was biased against young Black men when I was on a criminal jury many years ago. When a young Black man, the defendant, walked into court, I immediately thought he was guilty. When a young Black man, the defendant, walked into court, I immediately thought he was guilty. Tate-Austin v. Connolly & Mott v.

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Appraisal Real Estate Contracts Mortgage 77

Assurance Financial

JUNE 9, 2021

For example, after the Fed’s first rate cut, the average interest rate on a 30-year fixed mortgage was 3.29% — a record low. Moving into the summer of 2021 and peak home buying season, we are still seeing mortgage rates for a 30-year loan around 3.10% , and 15-year fixed around 2.3% Demand for housing also influences rates.

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Mortgage Insurance Finance Buyers 69

Assurance Financial

DECEMBER 20, 2021

If you’re wondering when you should downsize your home, understand that it may be a lengthy process. Preparing your home to sell. Selling your home. Finding and moving into a new house. Reflect on why you want to downsize and what the process will involve realistically. What is my timeline?

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Mortgage Renovations Buyers Investing 69

Lamacchia Realty

OCTOBER 31, 2022

What is a 2-1 Buydown? What is a buydown? For example, on a $500,000 purchase price with 20% down ($100,000) the borrower must qualify for a 30-year fixed rate mortgage at current rate. For example, on a $500,000 purchase price with 20% down ($100,000) the borrower must qualify for a 30-year fixed rate mortgage at current rate.

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Sellers Buyers Mortgage Real Estate Agent 64

Appraisal Today

SEPTEMBER 30, 2022

Excerpts: For decades, appraisers have been gently reminded to pay careful attention to smoke alarms and carbon monoxide (CO) detectors—especially noting when they are absent altogether. Killed by Carbon Monoxide: Appraiser Blamed. Read this article on how to check CO detectors. You may save someone’s life!! CO Detector vs Smoke Alarm.

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Appraisal Today

MARCH 31, 2023

Fannie Mae: Appraisals are no longer the default option: Value Acceptance replaces Appraisal Waiver Fannie Mae updated its Selling Guide on March 1 to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Fannie sells their loans to investors.

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Appraisal Contracts Inspection Clients 52

Will Springer Realtor

JANUARY 17, 2023

Owners planning to sell their homes should understand the market is changing – and not in their favor. Gone are the days when nearly any home put up for sale would attract a wave of interest from buyers willing to make high-priced offers without conditions. Walking into a home, what do you typically see first? That was so 2021!

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Home Improvement Marketing Buyers Design 36

CA Realty Training

MAY 21, 2021

What often results from the foreclosure process is a repossessed house, damaged credit, and displaced living. Despite the gloomy impacts, understanding how the foreclosure process works is important because it will help you learn about property ownership, mortgages, and homeowner’s financial options.

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Real Estate Agent Training Real Estate Realty 64

Appraisal Today

APRIL 14, 2023

There are few comps as almost all homes are fixed up for sale. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” In my MLS “contractor special” is often used. There are some good ideas in this post.

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Appraisal Bracketing Contracts Valuation 52

Listing Spark

AUGUST 25, 2022

For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. What kind of issues will an inspector be looking for? And if the inspector finds issues, what needs to actually be fixed? 1:08 – What Clayton and Green Scene Home Inspections do. Episode highlights.

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Inspection Real Estate Construction Sellers 36

Appraisal Today

JUNE 3, 2022

Excerpts: The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now. Granted, the housing trend still feels elevated from normal, so it’s an error to call this market cold. By Julie Friess, SRA, AI-RRS, MA.

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Appraisal Contracts Real Estate Marketing 52

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. In a down market disrupted by the commission lawsuits, agents and LOs are considering working in a dual capacity. according to the company.

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Real Estate Agent Loan Officers Real Estate Agents 435

Assurance Financial

JUNE 28, 2021

When you’re shopping around for a mortgage, there are several choices you’ll make that affect the monthly payment on the loan and how much you end up paying to own your home. Learn more about how the loan term affects the interest rate, monthly payment and other mortgage features. What Is a 15-Year Mortgage?

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Mortgage Insurance Renovations Marketing 74

Assurance Financial

OCTOBER 27, 2023

What Is a Home Equity Line of Credit? When you obtain a HELOC, you are securing it against your home equity value. What Does HELOC Mortgage Mean? A home equity line of credit is a revolving fund source you can obtain when you have equity in your home. What Can You Use a HELOC For?

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Renovations Mortgage Appraisal Housing Market 36

Appraisal Today

FEBRUARY 24, 2023

What Level Appraiser Are You? What is the mark of an appraiser who is at the top of his or her “game”? But what if the appraisal form was completely blank with no boilerplate text? What if you could not use the URAR form at all, but still had to produce an appraisal report that could stand up in court?

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Appraisal Architecture Valuation Business 52

Listing Spark

NOVEMBER 3, 2022

With shortages, shifting demand, and more, there’s a lot to consider when building new homes. What can you do to have better margins when it’s time to sell a new house? 00:03:46] What are the primary challenges of building new construction in Austin. Episode highlights. Key takeaways. [00:03:46]

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Construction Real Estate Investors Buyers 36

Assurance Financial

APRIL 18, 2022

One of the first things you learn when you’re in the market for a new home is that no house is perfect. That doesn’t mean you need to live with the things you don’t like once you buy a house, though. Learn more about loan options for remodeling your home to see which one will work for you.

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Renovations Construction Home Improvement Mortgage 74

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. But, that doesn’t mean housing is going to crash. With where prices were heading when mortgage rates were under 4%, we were looking at 35%-40% cumulative home-price growth in just three years.

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