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UWM rolls out construction-to-permanent loans

Housing Wire

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. This type of loan only has one set of closing costs to pay, reducing the borrower’s overall fees.

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. So let your personality shine.

Agents 398
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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. Real estate agents need to brace themselves for a shift as we witness a market more reminiscent of previous pandemic years. The second avenue for expanding inventory is new construction. That’s the name of the game in real estate.

Agents 439
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Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

Agents 370
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Become a New Home Construction Expert

The Residential Specialist

New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. New construction is always seen as much more expensive.

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Do You Need a Real Estate Agent Buying New Construction?

Maximum Exposure Real Estate

Having a Realtor For New Construction is Smart! Do I need a real estate agent when buying a new home? The pros of using a Realtor for new construction far outweigh the cons. It’s not even close. The post Do You Need a Real Estate Agent Buying New Construction? Inquiring minds want to know.

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Reverse mortgage professionals react to H4P rule changes

Housing Wire

AARP concerns “FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” HUD said in its update to the policy. Certner cited fair lending concerns and the potential of undue borrower influence.

Mortgages 356