Housing Wire

JUNE 7, 2024

BNI (Business Networking International): These chapters can be tricky to get into as a real estate agent, but if you’re able to find one with an open seat, jump on it. Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value.

Real Estate 348

Real Estate Open Houses Agents Sellers 348

Eppraisal

OCTOBER 23, 2023

The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal. Your real estate agents can go back and forth multiple times until all parties agree to everything or reach an impasse. The seller can pick a different one.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Housing Wire

MAY 26, 2023

In a vacant lot or seller impersonation scam, public records are searched to identify real estate that is free of mortgage or other liens, as well as the identity of the property owner. Then, posing as the property owner, the scammer contacts a real estate agent to list the property.

Sellers 362

Sellers Real Estate Realtors Real Estate Agent 362

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. Hire a real estate agent to help you price competitively!

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Birmingham Appraisal

MAY 1, 2024

While an appraiser can provide you with the value of the house after the improvements are made a real estate agent would probably be the best person to speak with about current design and fashion trends. Agents speak with buyers every day and have a pulse on what is currently in style.

Renovations 82

Renovations Appraisal Real Estate Agent Construction 82

D Fritz Appraisals

FEBRUARY 22, 2023

Taking equity out of your home to buy another house can be a financially advantageous option, as it allows homeowners to tap into the built-up value of their primary residence without worrying about saving up for a second mortgage. Home equity is like having money in the bank, but it’s tied up in your real estate.

Real Estate 124

Real Estate Investing Appraisal Market Value 124

Eppraisal

FEBRUARY 14, 2024

While the specific expenses may vary depending on factors such as location and the type of mortgage, both buyers and sellers can expect to incur closing costs when completing a property sale. Title Insurance: Title insurance protects both the buyer and lender against any legal issues or disputes regarding the ownership of the property.

Sellers 36

Sellers Buyers Property Taxes Real Estate Agent 36

AmeriMac

DECEMBER 30, 2023

Whether you’re a first-time homebuyer or a seasoned seller, this guide will provide you with all the information you need to make informed decisions during real estate transactions involving REO appraisals. Accurate appraisals are vital for facilitating smooth real estate transactions.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

Eppraisal

SEPTEMBER 8, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide a precise estimate of the property's true market value. "Consumer They will provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

DW Slater Company

FEBRUARY 23, 2023

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. Our markets are still strong. The demand for housing decreased with the higher mortgage rates as it decreased buyer power.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

Realtor

DECEMBER 15, 2016

If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. Lenders require a home appraisal before they’ll provide a loan, for the simple reason that the home serves as collateral for your mortgage. Dossman says this is the most common outcome. Appeal the appraisal. They make mistakes.”

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. Lenders require a home appraisal before they’ll provide a loan, for the simple reason that the home serves as collateral for your mortgage. Dossman says this is the most common outcome. Appeal the appraisal. They make mistakes.”

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Eppraisal

JUNE 20, 2023

Now that you've assessed your financial readiness, obtained a pre-approval for a mortgage, and engaged a real estate agent, it's time to dive into the exciting process of researching and finding your dream home.

Real Estate Agent 36

Real Estate Agent Open Houses Real Estate Inspection 36

Appraisal Hub

MAY 17, 2023

It will likely stay on the market for longer, which can result in additional carrying costs, such as mortgage payments, property taxes, and maintenance expenses. You might even end up selling your home for less than its true value just to get it over with, which means you lose out financially.

Inspection 78

Inspection Property Taxes Real Estate Agent Buyers 78

Assurance Financial

APRIL 29, 2021

Important Mortgage Acronyms. When you’re in the process of shopping for a home and a mortgage, you’re likely to encounter what looks like alphabet soup. All those letters and mortgage statement abbreviations can make your head spin. Mortgage Term Abbreviations to Know. ARM (Adjustable-Rate Mortgage).

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

Realtor

MAY 15, 2023

Getty Images If you need a mortgage to buy a home you have your eye on, it’s standard for your lender to order an appraisal of the property. Here’s what you need to know about this newer appraisal method and how it works to determine the value of the home you want to buy.

Appraisal 107

Appraisal Real Estate Appraisal Process Market Value 107

AmeriMac

MAY 30, 2024

Desktop appraisals are especially common in cases where homeowners are seeking home equity loans or refinancing their mortgages. Overall, desktop appraisals provide a valuable alternative to traditional appraisals, offering convenience, accuracy, and efficiency in determining a home’s value in the real estate market.

Appraisal Process 36

Appraisal Process Appraisal Inspection Real Estate 36

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

Agents 89

Agents Appraisal Real Estate Agent Bracketing 89

Housing Wire

JANUARY 3, 2023

My hope is that many of the features and policies that have made the VA loan the safest mortgage in the U.S. It may be that many of the loan originators and real estate agents calling for major changes to the VA appraisal process are be those with the least amount of first-hand experience with the VA product.

Modernization 75

Modernization Real Estate Agent Reconsideration of Value Appraisal Process 75

Will Springer Realtor

FEBRUARY 27, 2024

One scheme growing in popularity involves “title pirates,” fake sellers who convince a buyer, real estate agent and/or title company that the “sellers” own a property and want to get rid of it quickly. Deepfake technology can even impersonate real estate agents, landlords, lenders or consumers.

Real Estate 60

Real Estate Sellers Real Estate Agent Buyers 60

Raleigh Realty

AUGUST 27, 2021

Take a closer look at your income in comparison to your bills and start to get a general idea of how much of a mortgage payment you may be able to afford. Next, you can get in touch with a mortgage lender who will be able to start you on the pre-approval process. How Do I Know If My Real Estate Agent Is The Right Fit For Me?

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

Realtor

MARCH 7, 2023

The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. If it does, this information is then something a real estate agent can share with prospective homebuyers. Here’s How To Tell appeared first on Real Estate News & Insights | realtor.com®.

Inspection 111

Inspection Appraisal Market Value Finance 111

Cleveland Appraisal Blog

JANUARY 5, 2023

Even before the pandemic’s incredible surge in housing demand, the market in Northeast Ohio was skating along nicely. However, the markets have hit an abrupt slow down, or might I say, cool down, kind of like this ice skater experienced. Let’s talk about it. So, things really have slowed significantly.

Housing Market 374

Housing Market Marketing Appraisal Inventory 374

McKissock

OCTOBER 3, 2021

The only costs you have to cover are those for finding a property for sale and for marketing the property to interested buyers. FREE Guide : Learn how to earn more with our free Real Estate Agent Income Guide. The rental income will be an excellent supplement to the commissions you get as a real estate agent.

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. In the quest to provide faster and cheaper alternatives to banks and mortgage companies, Fannie Mae has developed alternative appraisal products for their customers.

Realtors 80

Realtors Appraisal Market Value Real Estate Agent 80

Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Other users might be sellers, mortgage underwriting, banks, and contractors.

Appraisal 93

Appraisal Inspection Appraisal Process Real Estate Agent 93

PennyMac

OCTOBER 10, 2023

Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Quicken Loans

JUNE 8, 2021

Looking to buy a new home but worried you won’t be able to afford the monthly mortgage payment that comes with it? Lenders can foreclose on a home when homeowners stop making their regular monthly mortgage payments, meaning that they take over ownership of that residence. Purchasing a foreclosed home might be the solution.

Real Estate Agent 72

Real Estate Agent Inspection Government Real Estate 72

Padove Appraisal Service

OCTOBER 21, 2017

The real estate agent you are working with tells you the house is 2,200 square feet. A real estate agent’s job is to market homes. Real estate agents are required by TREND to indicate the source of Interior Square Footage reported in their MLS listings. Who’s right?

Real Estate Agent 78

Real Estate Agent Real Estate Property Taxes Agents 78

AmeriMac

JANUARY 19, 2021

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. The Bureau of Consumer Financial Protection (CFPB) states that the mortgage lender must deliver a copy of the report upon request. But the good news is you can challenge a bad appraisal.

Appraisal 36

Appraisal Real Estate Agent Market Value Real Estate 36

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. As the home buyer of this piece of real estate, you’re entitled to choose the title company.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

Realtor

DECEMBER 11, 2017

How do you actually sell a piece of real estate to a member of your family? To hire—or not hire—a real estate agent. It can be tempting to bypass the regular process of hiring a real estate agent to broker the deal. The most strenuous part of the home-selling process is already over.

Real Estate 78

Real Estate Real Estate Agent Legal Agents 78

Housing Wire

DECEMBER 19, 2022

Rocket Mortgage , once the largest mortgage originator in the country, capitalized on the all-time low mortgage rates during the pandemic years, racking up record profits through an enormous amount of refinances. Worse, Rocket lost its origination crown to its chief antagonist, United Wholesale Mortgage. trillion in 2022.

Mortgage 379

Mortgage Real Estate Agent Clients Business 379

D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78