Housing Wire

OCTOBER 4, 2023

Fannie Mae on Wednesday released its October 2023 update to its Selling Guide, aiming to reflect changes in the mortgage industry, its surrounding regulatory environment and Fannie Mae policy positions. We updated our policies for rental income to address various questions received from lenders,” the update explained.

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Housing Wire

FEBRUARY 14, 2024

Jeremy Foster, founder and chairman of Calque Buying a home today can be stressful and fraught with complicated issues, such as contingencies requiring the buyer to sell their current home before qualifying for the home they want to buy. Buy before you sell (BBYS) products may be the answer.

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Housing Wire

MARCH 22, 2024

on homeowners who are more likely to sell, thereby optimizing their lead gen strategy. It provides a select list of homeowners most likely to sell in the next 12 months. Drive leads to home valuation landing pages It’s the 21st century. Then, drive traffic to your home valuation page using social media or targeted advertising.

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Housing Wire

DECEMBER 6, 2023

The Community Home Lenders of America (CHLA) submitted a letter to the Federal Housing Finance Agency (FHFA) expressing its support for the use of attorney opinion letters (AOLs) on Wednesday. The letter notes that as of April 2022, selling guides for both Fannie Mae and Freddie Mac allow for the use of AOLs “ in limited circumstances.”

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Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance.

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Industrial Banks Residential Lending 321

Housing Wire

OCTOBER 16, 2023

” Thompson said Fannie Mae and Freddie Mac have closely examined their existing processes and practices , including efforts to improve language in the selling guidelines and provide more consistent feedback to lenders on buybacks. . It cited loans missing key documents or those with inaccurate income calculations as the top factors.

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Loans Mortgages Development As-is 375

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. The perplexing part: Why are home prices not declining in this environment? That compares to a record $4.4

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Renovation Sales Investor Mortgages 457

Housing Wire

NOVEMBER 1, 2023

The researchers seized on a dataset that prior to 2020 was never available to the public or researchers: the buyer commission rates sellers offer when they list their homes for sale. One of the researchers, Will Fried, had a hunch. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

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Housing Wire

FEBRUARY 21, 2024

If they stay in their home at the end of those three years, they will resume their full mortgage payment,” Gordon said. “It It is part of the partial claim, so that [the partial claim] is paid off at the time of regular partial payments, when the borrower sells or refinances, or the mortgage terminates.”

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Principal Loans Mortgages Renovation 382

Housing Wire

OCTOBER 5, 2023

For me professionally and the agents that I have and the local community for my agents, I think eXp is a larger presence and a better place to call home for them,” Palmquist said. Palmquist also founded The Address , a boutique brokerage in Ventura, California, which he led for nearly five years before selling it in 2022.

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Housing Wire

JANUARY 9, 2024

This is unfortunate — and somewhat irrational — because homeowners who have or want to build an ADU are typically quite well-qualified with strong credit scores , income and solid home equity coverage. These will help on the margin, but we still need smart lenders to help create even more robust financing options for ADUs.

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Finance Construction Loans Renovation 453

Housing Wire

MARCH 5, 2024

Housing affordability is at its lowest level in more than a decade, according to the National Association of Home Builders (NAHB), and there are few ways to circumvent the rising costs of housing. We help listing agents generate significantly more buyers for their home sales. So, we help them include that marketing for that home.

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VA loan Mortgages Loans Agents 408

Housing Wire

APRIL 14, 2023

Nearly three-quarters of white Americans own their own home, compared to 48% of Latinos and 44% of Blacks. Concepts like getting a mortgage, taking out a line of credit, buying and selling a property and becoming a landlord are rarely part of classroom discussions or dinner-table conversations, unless your family happens to be in real estate.

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Housing Wire

DECEMBER 26, 2023

On the refinance side, he predicts a moderate increase in cash-out activity as rates decline, with customers using the resources to consolidate debt and extract some home equity build-up. “Barring any sort of unforeseen consequences, I’d like to think so , ” Joseph said in an interview. trillion to $2 trillion in 2024. .”

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Mortgages Equity Banks Sales 500

Housing Wire

MARCH 5, 2024

said Craig Strent, former CEO of Apex Home Loans and head of the faculty of mentors at The Loan Atlas , a mortgage coaching platform. “A Having a fully preapproved mortgage, buyers will be able to jump on the opportunity more quickly when they find the home they’ve been looking for, Wood explained. economy remains hot.

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Loan Officer Loans Mortgages Agents 394

HomeLight

MARCH 21, 2024

Walkability scores by address provide a glimpse into daily life in a neighborhood, highlighting how easily you can accomplish errands on foot, the proximity to public transportation, and the overall convenience of the area. For home sellers, a high walkability score can give you a competitive marketing edge. How do walk scores work?

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Home sale contingency Equity Sales Marketing 104

HomeLight

APRIL 16, 2024

When you think of selling your home, you may imagine lengthy preparations, repairs, strangers in your house, price haggling, waiting, worrying, and trying to time the sale with a move. Interested in Selling Your House to an iBuyer? The process of selling your home to Opendoor is streamlined to ensure ease and efficiency.

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Keeping Current Matters

SEPTEMBER 20, 2021

If you’ve been in your home for longer than five years, you’re not alone. An article from The Balance explores some of the primary reasons individuals choose to sell their houses. If this sounds like you, here are a few things to consider: If your needs have changed, it may be time to re-evaluate your home.

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Equity Loans As-is Industrial 252

Keeping Current Matters

AUGUST 13, 2021

That’s because homes are selling fast , receiving 4.4 offers on average and often selling above the asking price. Then, when you buy your next home, you’ll also win by addressing your changing needs and taking advantage of near historic-low mortgage rates.

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Mortgages Marketing 222

HomeLight

MARCH 31, 2024

In Tuscaloosa, “We Buy Houses” companies are known for making all-cash offers on homes that may need some work. For homeowners who find themselves strapped for time, lacking the expertise for home repairs, or short on funds to get their property market-ready, a cash sale can be a lifeline.

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Closing Sales As-is Marketing 99

HomeLight

MARCH 5, 2024

Discovering mold in your home can be unsettling, whether you’re nestled in your longtime residence, on the brink of buying a dream house, or preparing to sell. Achieve Greater Buyer Confidence With a Top Agent HomeLight can connect you with the most experienced buyer’s agents in your home shopping area.

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HomeLight

APRIL 18, 2024

If you type “homes for sale” plus the area where you’re looking into a search bar, these two sites will pop up near the top of any results. If you don’t want to waste time on your home search, or you need to find a great agent to sell your home , how do they compare? They used to, which we’ll touch on later in this post.

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Agents Equity Sales Home sale contingency 103

HomeLight

MARCH 8, 2024

If you’re a homeowner in Jackson, Mississippi, facing a difficult situation or needing to sell a property requiring renovations, “We Buy Houses” companies offer a potential solution. This can be an attractive option if you need to sell fast, like for a job relocation, or don’t have the funds for home improvements due to financial strain.

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Renovation Closing Investor Sales 105

Realty Biz

FEBRUARY 8, 2024

Home buyouts, especially in the throes of a divorce or during the challenging process of family inheritance, are laden with more than just financial considerations. Often seen as a haven and a repository of memories, the home becomes a central figure in these life-altering events. They can carry a heavy emotional weight.

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Agents As-is Construction Finance 93

The Close

JANUARY 9, 2024

Anticipate, Prepare for & Address Your Seller’s Emotional Objections An inexperienced real estate agent might believe that simply answering a seller’s objection will solve the problem. Understanding the why behind the objections is vital before attempting to address them. My home is worth more than that.” I did upgrades.”

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Agents Finance As-is Marketing 98

HomeLight

MARCH 31, 2024

In Deerfield Beach, “We Buy Houses” companies are known for making all-cash offers on homes that may need a bit of TLC. For homeowners who find themselves strapped for time, lacking the expertise for home repairs, or short on funds to get their property market-ready, a cash sale presents an easy way out of a tough situation.

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Closing Sales As-is Marketing 87

HomeLight

MARCH 12, 2024

Curiosity about the sale price of a house is common, whether you’re in the market to buy, considering selling your home, or just keeping an eye on neighborhood trends. When is it helpful to know a home’s sale price? In this post, we’ll share how to find out how much a house sold for.

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Realty Biz

MARCH 7, 2024

Selling your house demands more than just putting up a "For Sale" sign. Home improvements are pivotal in attracting buyers and securing a favorable deal. If you're thinking about a spring home sale , you'll want to know the valuable upgrades to make. Let's examine what you should know as a potential home seller.

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HomeLight

FEBRUARY 21, 2024

In Pennsylvania, “We Buy Houses” companies are an appealing option for homeowners eager to sell quickly, particularly when their properties need repair work they’re unable or unwilling to manage. This usually includes your address, property size, condition, and other relevant features.

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Closing Sales As-is 91

HomeLight

NOVEMBER 29, 2023

Whether they’re considering selling their property, refinancing their mortgage, or simply curious about their investment’s current market value, many people are curious to know: “What’s my home worth today?” How Much Is Your Home Worth Now? Get a near-instant home value estimate from HomeLight for free.

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HomeLight

MARCH 25, 2024

Sometimes life throws you a curve ball, and selling your house becomes a need, not a want. We Buy Houses” companies pay cash for homes in any condition, whether they’re due for renovations or facing foreclosure. However, cash buyers typically offer less than a home’s market value, which can reduce net proceeds.

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HomeLight

FEBRUARY 29, 2024

“We Buy Houses” companies offer a unique solution for homeowners in Joliet looking to sell their properties quickly, often targeting homes requiring repairs or updates. These all-cash offers can be a boon for sellers who might not have the time, resources, or desire to engage in the traditional home-selling process.

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Closing costs Closing Sales As-is 92

HomeLight

OCTOBER 19, 2023

You’ve decided to sell your home, but how do you get your house ready to sell? With numerous tasks to tackle, from depersonalizing to boosting your home’s curb appeal, the home sale process can seem daunting, especially if you’re on a tight timeline. What condition are these homes in? Input Address

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HomeLight

MARCH 12, 2024

If you’re a homeowner in Fountain, Colorado needing to move quickly due to a military transfer, or you’re dealing with a property that requires significant repairs, selling to a “We Buy Houses” company could offer you an easy way out. However, in exchange for speed and convenience, sellers often receive less than their home’s market value.

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Inspection Closing Finance Sales 99

HomeLight

OCTOBER 25, 2023

Or maybe this isn’t your first time around and you’d like a refresher on the steps to selling a house. According to HomeLight’s Top Agent Insights Summer 2023 Report , 72% of agents surveyed said it’s a seller’s market, which means there are less homes on the market than buyers looking. Selling your house soon?

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Equity Closing costs Agents Sales 113

Fancy Pants Homes

APRIL 25, 2024

Landing hot on the market with a $25 million asking price, a 5-bedroom oceanfront house with a coveted address on The Strand is looking to set a new real estate record. So let’s take a closer look at the 5-bedroom home that can shatter Manhattan Beach’s real estate records. Like Fancy Pants Homes’ content?

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Title Design Land Agents 52

Realty Biz

JULY 31, 2023

What to Know About Selling a Home in Poor Condition Selling a house in poor condition can present challenges. When there are significant problems to address, it's referred to as a rehab house. Alternatively, homeowners can consider selling the house "as-is." However, when you sell as-is, you will lose money.

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Purchase and sale agreement Investor Renovation Sales 81