Housing Wire

OCTOBER 16, 2023

Zillow research also found that a majority of homeowners with mortgages have locked in a rate below 5%, and are almost half as likely to consider moving. However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%.

Agents 409

Agents Seller concession Closing costs Mortgages 409

Real Trends

OCTOBER 16, 2023

Zillow research also found that a majority of homeowners with mortgages have locked in a rate below 5%, and are almost half as likely to consider moving. However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%.

Agents 99

Agents Seller concession Closing costs Mortgages 99

Housing Wire

FEBRUARY 2, 2024

With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off with a bit of a whimper. New York passed a law in 2021 that allows for proprietary reverse mortgages to be conducted on co-ops, but HECM loans do not qualify.

Mortgages 402

Mortgages Seller concession Loans Finance 402

Real Trends

JANUARY 2, 2023

Real estate is a roller coaster for most agents: tough market conditions, personnel issues and fierce competition can leave any agent or other entrepreneur feeling defeated. Struggling agents may try to partner up and deliver better value to their clients to remain competitive in this tech-focused market. What’s ahead in 2023.

Seller concession 99

Seller concession Agents Mortgages Equity 99

Realty Biz

MAY 20, 2021

The phrase “record breaking” is everywhere at the moment, from major companies reporting record-breaking returns to market experts who predict a record-breaking post-pandemic economic boom. . Although the housing market took a record-breaking nosedive in 2020, there’s light on the horizon as the U.S. Mortgage rates are low … for now.

Marketing 79

Marketing Seller concession Fixed-rate mortgage Mortgages 79

HomeLight

AUGUST 28, 2020

As if mortgage rates aren’t confusing enough , lenders had to throw discount points into the mix. What are points on a mortgage loan, anyway? Many lenders now give you the option to buy down your mortgage interest rate through discount points, saving you money over the life of your home loan. Mortgage rate. No points.

Mortgages 90

Mortgages Loan Officer Loans Seller concession 90

HomeLight

SEPTEMBER 30, 2021

If you’re financing your purchase with a mortgage loan, your new property most likely needs to undergo an appraisal to complete the transaction process. According to California real estate agent Ed Kaminsky , an appraisal is a “verification process” that the market did its job and the market value for your home is accurate.

Pre-approval 95

Pre-approval Seller concession Finance Banks 95

HomeLight

OCTOBER 30, 2020

you’ve likely missed several months of mortgage payments or may be already incurring the lender’s attorney fees for your continued delinquency. Whatever stage you’re in, it’s natural to feel paralyzed with disappointment, sadness, and a sense of panic when those overdue notices and warnings come from your mortgage company.

Short sale 104

Short sale Banks Equity Mortgages 104

Redfin

JUNE 28, 2022

The main concern is that having a home on the market longer than a few weeks can indicate to other homebuyers that there may be a problem with the house. Marketing and showing your home. In the face of a strong seller’s market , the prospect of selling for top dollar may be too good to pass up for some. Mistakes to avoid.

Staging 61

Staging Renovation Closing costs Agents 61

Redfin

DECEMBER 27, 2023

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. In short: Record mortgage rates, high inflation, and persistently high housing and rental prices. Seasonal trends buckled. So what happened? year over year.

Marketing 62

Marketing Mortgages Investor New Construction 62

HomeLight

MAY 3, 2023

But in focusing on the equity portion, people are often surprised to learn how much it costs to sell a house in the U.S. Using recent sales records, market trends, and your home’s latest selling price, HomeLight’s Home Value Estimator provides a preliminary range of value for your property in under two minutes.

Seller concession 109

Seller concession Purchase and sale agreement Inspection Title 109

HomeLight

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. Request Offer Editors note: Opendoor and Offerpad provide an option to list your home on the market. They also estimate 1% in seller concessions if you list with them, but there’s no cancellation fee.

Seller concession 99

Seller concession Inspection Rent back Closing 99

HomeLight

APRIL 14, 2023

Your California dream home has just come on the market, and you’re eager to make an offer. But even though the monthly mortgage payments fit into your budget, you’re concerned about coming up with enough cash for a myriad of closing costs in addition to the down payment. The rate could go from 7% to 6.5%

Closing costs 92

Closing costs Closing Purchase and sale agreement Title 92

Realty Biz

JULY 31, 2023

They add up quickly – two points on a $300,000 mortgage come to $6,000 in origination fees alone! The idea is that you create enough equity when you renovate the property to then take a cash-out refinance once renovations are finished. Not all sellers will consider it, of course. Tap a HELOC Have equity in your home?

Seller concession 81

Seller concession Closing costs Renovation Equity 81

HomeLight

DECEMBER 2, 2021

In this guide, we dive deep into what costs sellers should expect to pay. Keep in mind that fees may vary widely based on your location, market conditions, and whether your home requires repairs before selling. We detail what costs you’re likely to incur and what sellers pay on average. Cost to seller. Seller concessions.

Seller concession 114

Seller concession Staging Inspection Renovation 114

HomeLight

JUNE 29, 2022

Comps give you a range for its “ market value ,” which you can then add or subtract from based on your home’s unique characteristics and features. Comps sold within the last 60 days are preferable because their sale price reflects current market conditions. What factors are used when finding comps?

MLS 108

MLS Seller concession Agents Sales 108

Realty Biz

SEPTEMBER 4, 2023

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. You rent out the other units to your neighbors, and they cover your mortgage. To cover closing costs, negotiate a seller concession. For a tidy profit margin.

Earnest money deposit 86

Earnest money deposit Seller concession Investor Hard money loan 86

HomeLight

JULY 12, 2022

Properties typically remained on the market for 16 days, and nearly 90% of homes sold were on the market for less than 30 days. Higher prices and mortgage rates conspired to slightly slow sales, which were down 2.6% Higher prices and mortgage rates conspired to slightly slow sales, which were down 2.6% from one year ago.

Seller concession 97

Seller concession Closing costs Renovation Title search 97

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Primary reasons for this include lack of equity accumulated in the home and insufficient appreciation – an increase in property value. Get Estimate.

Closing costs 94

Closing costs Equity Short sale Agents 94

Realty Biz

MAY 24, 2021

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. You rent out the other units to your neighbors, and they cover your mortgage. To cover closing costs, negotiate a seller concession. For a tidy profit margin.

Earnest money deposit 126

Earnest money deposit Seller concession Investor Hard money loan 126

HomeLight

JULY 25, 2022

You can sell a home whenever you want, but expect financial consequences if you have little equity in it. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. or “Can I sell a home after owning it for one year?”.

Closing costs 90

Closing costs Equity Short sale Sales 90

HomeLight

AUGUST 25, 2020

“Or perhaps it is just a seller’s market and selling makes sense, even after a short time.”. Real estate isn’t a get-quick-rich scheme: Although there are some hot markets that might see quick appreciation, in most cases the value rises slowly over a period of years. This type of appreciation is governed by forces in the market.

Principal 69

Principal Equity Seller concession Title 69

HomeLight

FEBRUARY 25, 2022

The key thing for people to do is to gain knowledge of their market,” says Studebaker. Life happens, but there are options other than selling to help you build up enough equity in your home before putting it on the market. In a seller’s market, being knowledgeable on the tax implications is more important than ever.

Seller concession 93

Seller concession Closing costs Investor Agents 93

HomeLight

SEPTEMBER 10, 2022

Of course, the biggest question on your mind is: Has the housing market held strong enough to actually see your home appreciate in value so you won’t lose money? According to Wiggs, even the active New York market has cooled down since last year. Our market is shifting a little bit, right? Get Estimate.

Closing costs 94

Closing costs Agents Seller concession Closing 94

HomeLight

MARCH 13, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. Recently, a blazing hot real estate market and steep rise in equity adds extra incentive to maximize profits.

MLS 97

MLS Agents Mortgage pre-approval letter Sales 97

HomeLight

OCTOBER 11, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 100

MLS Purchase and sale agreement Pre-approval Agents 100

HomeLight

NOVEMBER 10, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Chicago real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 88

Purchase and sale agreement MLS Agents Pre-approval 88

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 80

Purchase and sale agreement MLS Pre-approval Agents 80

HomeLight

APRIL 13, 2023

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the previously hot Kansas real estate market and a steep rise in equity added extra incentives to maximize profits.

MLS 88

MLS Agents Sales Mortgage pre-approval letter 88

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Louisiana real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 88

MLS Agents Sales Land 88

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 78

Purchase and sale agreement MLS Pre-approval Agents 78

HomeLight

OCTOBER 11, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Michigan real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 88

Purchase and sale agreement MLS Agents Sales 88

HomeLight

DECEMBER 8, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Washington State real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 88

MLS Agents Sales Closing 88

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Oregon real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 86

MLS Agents Sales Inspection 86

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Nebraska real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 86

MLS Agents Sales Mortgage pre-approval letter 86

HomeLight

NOVEMBER 23, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot West Virginia real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 84

MLS Agents Sales Closing 84

HomeLight

OCTOBER 1, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Ohio real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 94

MLS Pre-approval Agents Sales 94