Housing Wire

DECEMBER 28, 2023

LOs had to fight an uphill battle of targeting the purchase market in an environment with a rate ‘lock-in’ effect, go after first-time homebuyers and offer customized solutions to bring down monthly mortgage payments. They are staying busy relative to the market,” said Michael Ullmann, producing branch leader at Movement Mortgage.

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Keeping Current Matters

AUGUST 27, 2020

You may have heard that pre-approval is a great first step in the homebuying process. Pre-approval from a lender is the only way to do this. This paperwork (the pre-approval letter) shows sellers you’re a qualified buyer, something that can really help you stand out from the crowd in the current ultra-competitive market.

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Toronto Realty Blog

MARCH 28, 2024

Those who know me – at least, through TRB, are fully aware of my thoughts on pre-construction condos, the pre-construction condo industry, and the way that pre-construction condos are sold and eventually built. Your “Buying Pre-Construction Condos and CAKE! Time flies when you’re having fun, right?

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Pre-qualification Marketing Construction Development 74

HomeLight

FEBRUARY 16, 2024

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Get pre-approved for your mortgage loan Securing a mortgage pre-approval is perhaps the most important first step in making a compelling offer. Get Started 1.

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Pre-qualification Seller concession Pre-approval Closing costs 86

Housing Wire

JULY 30, 2021

Josh Lehr: Pre-pandemic, online home buying existed, but over the last year, shopping online for mortgages became much more popular and convenient as meeting in person with a loan officer was not an option. As refinances plateau and the market shifts to a purchase environment, lenders will need to do more with less.

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Housing Wire

MARCH 22, 2024

Lead these consults by educating them on the home-buying process, the current market conditions, the money they’ll need (liquid and ready-to-go) for deposits, and how you’ll help guide them through the entire process. Get pre-approved with a local lender. Yes, many buyers will hop online and get a generic pre-approval letter.

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Agents Pre-approval Pre-qualification Inspection 374

Housing Wire

NOVEMBER 28, 2022

Continued strength in the rental market, punitive LLPAs from the Agencies and the continued growth of short-term rentals such as AirBnB and VRBO all contribute to this trend.” Their performance may depend on certain aspects of a property’s rental market (e.g., Rent growth has also slowed to 10.1% in April, according to CoreLogic.

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Housing Wire

AUGUST 13, 2021

Existing investors and others including Andreessen Horowitz, Singapore’s GIC, GGV Capital and Moore Specialty Credit participated in the round, which pre-empted a capital raise that could have featured new investors, she said. We’re aiming to bring a legitimacy to alternative home financing options,” said Hefets.

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Pre-qualification Pre-approval Equity Finance 404

Housing Wire

FEBRUARY 24, 2021

This century has seen a rapid shift to a digital-first economy from the internet to portals to email marketing to smartphones to social media. This has heightened the need for digital tools for marketing, viewing, financing and closing on home purchases. VL: So many areas could benefit by embracing digitalization.

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Realty Biz

APRIL 8, 2024

This includes checking your credit score, saving for a down payment, and getting pre-approved for a mortgage. Online mortgage calculators can provide a rough estimate, but getting pre-approved by a lender will give you a more accurate figure. What Is a Mortgage Pre-Approval? How Do I Start the Home Buying Process? Answer: Yes.

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Pre-qualification Pre-approval Closing costs FHA loan 57

Realtor.com

JANUARY 16, 2023

. “While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval? .” ” What is mortgage pre-approval?

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Mortgage pre-approval letter Pre-approval Pre-qualification Mortgages 98

Housing Wire

MARCH 10, 2023

This report is important to independent mortgage banks (like Atlantic Bay Mortgage ) that are increasingly dominating mortgage markets and leading the market in serving minority and underserved borrowers. LOs at banks are exempt from all these basic qualifications requirements. False myths have consequences.

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Housing Wire

SEPTEMBER 2, 2021

One of the ways that RMF approached the decision to tackle lowering the minimum age requirement on Equity Elite came from the product development team pursuing different options to enhance its offerings, similarly to the way the idea to streamline borrower qualification came about.

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Mortgages Pre-qualification Equity Industrial 382

Housing Wire

AUGUST 18, 2023

A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! Even in a hot seller’s market, there is aspirational pricing. Not prequalifying is unprofessional and can waste your time and the sellers.

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Real Trends

MAY 10, 2023

Did you know that there are more buyers in today’s market than there are listings to sell them. Should you spend your time hunting off-market listings for them? They’ll tell you that they haven’t got a lender yet, they’ll tell you if they’re pre-approved and what price not to go over.

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Pre-qualification Pre-approval MLS Agents 62

First Team Real Estate

AUGUST 31, 2020

If you’ve read any tips for homebuyers then chances are you’ve heard that you need to get pre-approved for a mortgage loan. The question is – how exactly do you get the pre-approval? Here are the steps you need to take to get pre-approved for a mortgage loan and the most important facts you need to get you there.

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Pre-approval Pre-qualification Loans Mortgages 98

Realtor.com

FEBRUARY 28, 2021

Those words are cause for celebration for every prospective homebuyer—and especially so when vying for a home in a hot housing market. Buyers in 2021 are facing a market with low inventory and lots of competition. I can speak from personal experience with buying a home in a very hot 2020 market.

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Real Trends

JUNE 9, 2023

This is an emerging symptom of the changing market , and it’s not your fault. Here’s what’s happened that has largely taken the ‘FOMO’ (Fear of Missing Out) buyers and sellers out of the market. This keeps uncertainty in the market. There’s only one solution and that is to use buyer and seller pre-qualification scripts.

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Pre-qualification Pre-approval Agents Staging 69

Housing Wire

OCTOBER 22, 2023

Pre-licensing exam coursework = $500 to $1,600 Sales agent examination fee = $43 License renewal fee after 2 years = $110 Other miscellaneous fees = about $100 Estimated total = Between $800 and $2000 [7] Miscellaneous fees may include courses you take as a supplement to the required coursework, such as an exam prep class. How much exactly?

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Pre-approval Pre-qualification Brokerage Agents 346

Realty Biz

FEBRUARY 16, 2024

Of course, it’s their market, financial, legal, and advertising knowledge. In that case, you can educate yourself and gain experience in an alternative real estate domain , such as an attorney, teacher, video marketing specialist, or appraiser. You need to finish a state-approved pre-licensing real estate course.

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Pre-qualification Pre-approval Property Management Residential 86

GeekEstate

JUNE 18, 2023

We have a job opportunity to share from a member of the GEM, Collabra Technology , data analytics and automated digital marketing solutions for the real estate industry: Chief Marketing Officer. Recruit, build, and motivate a high-quality marketing organization. Empower the team to grow and thrive.

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Technology Marketing Pre-qualification Branding 67

Housing Wire

MAY 25, 2022

There’s no question that 2022 has seen serious changes to the housing market. In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? Bracing for the challenges of non-QM. Unique loans for unique borrowers.

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Debt-to-income ratio Lending Pre-qualification Loans 350

Realtor.com

APRIL 29, 2021

To avoid this fate, make sure to crunch your numbers in our mortgage calculator or a home affordability calculator , and apply for mortgage pre-approval to see just where you stand in terms of how much house you can afford. Pre-qualification and pre-approval are essentially the same. Absolutely not. It means nothing.”.

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Pre-qualification Pre-approval Mortgages Fixed-rate mortgage 122

Windemere Buying

FEBRUARY 24, 2021

To set yourself up for a smooth and successful home purchase , getting pre-approved is perhaps the most productive first step you can take. The Pre-Approval Process There is an important distinction to made between two important steps of your mortgage application process: pre-qualification and pre-approval.

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Pre-approval Pre-qualification Banks Loans 52

Marco Santarelli

OCTOBER 11, 2023

The Cape Cod real estate market has been experiencing a sustained period of heat over the past several years, and 2023 is no exception. Nestled on the picturesque Massachusetts peninsula, Cape Cod's real estate market embodies a unique blend of natural beauty, historic charm, and a thriving housing landscape.

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Marketing Pre-qualification Pre-approval Investor 52

Real Trends

APRIL 4, 2023

Hispanic homeownership by the numbers According to the report, “Latinos are more likely to live in multigenerational households, where the pooling of economic resources makes homeownership more attainable in a market impacted by affordability challenges.” This advocacy is especially important in today’s challenging market.

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Debt-to-income ratio Pre-qualification Pre-approval Mortgages 76

Housing Wire

APRIL 22, 2024

Starting from: $ 235 Visit OnlineEd Also Popular Kaplan Real Estate Education Best for career mentorship Pre-recorded video content led by experienced industry leaders. It’s important to remember that this average can vary based on years of experience, employment setting, and the property market you’re working in.

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Pre-approval Pre-qualification Agents As-is 343

Lab Coat Agents

OCTOBER 16, 2023

The Intercept Leads Advantage When you market using Facebook and Instagram you have to market randomly within a 15 mile radius of your specified address. Sellers might look into creating listings, understanding current market prices, or reading reviews on real estate agents. You can’t micro target!

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Pre-qualification Staging Agents Industrial 93

Real Trends

MARCH 29, 2023

Most buyer qualification concerns are about money. There could be different concerns depending on if the buyer is pre-qualified, pre-approved or loan committed? If you are representing the buyers, ask the lender to call the listing agent and vouch for the buyer’s pre-approval. How qualified is the buyer?

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Pre-approval Pre-qualification Finance Agents 81

Realty Biz

AUGUST 17, 2023

Pre-qualification of Leads Instead of spending hours on the phone trying to ascertain the seriousness or the preferences of a lead, Bing Chat can handle preliminary questions. By the time the lead reaches you, they're pre-qualified, ensuring that you only deal with genuine, interested parties.

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Pre-qualification MLS Technology Industrial 70

HomeLight

MAY 2, 2022

This week on The Walkthrough , Barrett Spray introduces you to his team’s “pre-listing box” and their tag-team approach to meeting new sellers. Lots of agents have a pre-listing package, and it’s a file or a folder of some sort that says, you know, this is who we are and this is what we do.

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Pre-qualification Agents As-is Marketing 97

Housing Wire

MAY 25, 2021

Because of the potential impact to lenders, we began tracking and reporting EPD numbers for the early months of Q3 in the Q2 report and saw a nearly 200% increase by Q3 over pre-pandemic levels. For starters, there was a huge interest rate spike in Q4 2018, driving purchase volume up to 72% of the overall market share.

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Loans Pre-qualification Lending Industrial 378

Realty Biz

JANUARY 30, 2023

A letter to the seller can help your offer stand out in a crowded market. Include any qualifications you may have, such as being pre-approved or flexible on your closing date. Let the seller know if you’re pre-approved for a mortgage and are ready to move quickly. The post Can a Letter to a Seller Help You Get a Home?

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Pre-qualification Pre-approval Closing As-is 93

Housing Wire

FEBRUARY 12, 2024

Price range: $114 to $1,099 Visit Colibri Also popular Kaplan 50+ years as a leading education provider Pre-recorded video content led by experienced industry leaders. Excellent client service, market knowledge, a bit of hustle, marketing skills, and consistency are the key elements to success. Career mentoring opportunities.

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Pre-qualification Agents Industrial As-is 357

RIS Media

OCTOBER 22, 2020

Here are some tips from Zillow for how your buyers can score their dream home despite the bustling market: Financing. Evaluate your current credit situation and make a game plan to clean up your credit score, if needed, prior to starting the pre-approval process.”

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Pre-qualification Pre-approval Due diligence Finance 65

Realty Biz

MAY 4, 2021

However, a new announcement about a real estate app released back in 2019 bears special scrutiny for this highly competitive pandemic market. Listing Alert launched for the first time back in 2019 as a first in the class pre-MLS window for agents and brokerages to access properties before their competitors. Version 1.3.0

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MLS Pre-qualification Brokerage Agents 69

RIS Media

FEBRUARY 16, 2022

. “But even expensive homes are moving quickly in this market, and shoppers should be prepared with a pre-qualification letter and the help of a trusted local agent who knows the pros and cons of their specific neighborhood and how to structure a winning bid that still protects a buyer in an incredibly competitive and high-priced market.”

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