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‘Worst possible outcome’: Industry experts weigh in on DOJ’s desire to decouple commissions

Housing Wire

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

He said he’s also interested in seeing where homes will be listed since they will no longer be required to be in the MLS system. Nick Caccia, a Greenville, Rhode Island-based producing sales manager at CrossCountry Mortgage , said that it’s hard enough getting a loan to the closing table, especially with the rates where they are.

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How real estate professionals can help first responders buy a home

Housing Wire

Did you know that HUD has an online search where you can find homes for sale all over the country that qualify for different special programs? Stop relying so heavily just on your MLS! Be the one who’s in the know! You can even search for investors, first time buyers, first responders, etc.

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Selling a House ‘As Is’ in Louisiana

HomeLight

As is” is a type of home sale where it’s understood that no improvements will be made to the property. An as-is sale may also indicate that the functionality and longevity of specific home components, such as the water heater or the roof, are in less than perfect condition and may need considerable repair.

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Selling a House ‘As Is’ in Virginia

HomeLight

This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale. Sell 'As Is' With a Cash Offer in Virginia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Virginia homes in almost any condition. Yes Is a real estate attorney required?

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Selling a House ‘As Is’ in Arizona

HomeLight

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”?

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13 Steps to Buying a Bank-Owned Foreclosure

HomeLight

If the homeowner fails to catch up on their payments by the auction date, the home is auctioned for sale. If the former homeowner defaulted on an FHA loan, the home may become inventory for various HUD programs, including the Good Neighbor Next Door program. A date for a foreclosure auction is announced.

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