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5 Ways to Help First-Time Homebuyers

McKissock

A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. In an interview with Entrepreneur , property experts say that a real estate agent can make or break a home-buying experience. What are they willing to sacrifice?

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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. Kevin Vandenboss , a commercial real estate broker, specializing in investment real estate. Kevin Vandenboss.

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10 Simple Steps to Purchase a Home in 2020

PennyMac

Step 4: Find the Right Real Estate Agent. The help and guidance provided by a real estate agent or REALTOR ® can be priceless, particularly for first-time homebuyers or those searching in an unfamiliar area. To learn more about escrow accounts, read our article: The Role of Escrow Accounts in Real Estate Transactions.

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The surprising future of mortgage technology

Housing Wire

Part of the reason efficiencies from the emerging digital mortgage did not, and still have not, fully translated in the back-office is due to the trust that comes along with the wide-adoption of any new technology. Borrowers were not comfortable turning over their credentials to loan officers or processors.

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What’s Included in Closing Costs?

PennyMac

A real estate purchase includes many players and moving parts to reach the final sale, and each of the players and parts do cost money. If you’re signing paper documents, they’ll need to be transported, and the courier fee will be what pays for that to be expedited. 0.50% of your loan value. Real Estate Commissions.

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When Should You Downsize Your Home?

Assurance Financial

If you have a good real estate agent and time your home sale optimally, you could get up to full or more than the asking price for your home. While city living tends to be more pricey than living in the suburbs, many save on transportation, utilities and maintenance costs in smaller city quarters. Less Debt and More Savings.

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Ways to Save for a Down Payment

Assurance Financial

Real estate taxes. On top of carving out a large chunk of your paycheck for rent, you also likely have to pay for utilities, groceries, transportation, insurance and internet — not to mention the costs of treating yourself to luxuries like vacations and going out to eat. Homeowners insurance. Homeowners association dues, if any.