Realty Biz

JANUARY 15, 2024

It's important to note that eligibility for a bridge loan will depend on factors such as your creditworthiness and the equity in your current home. One option is obtaining a home equity line of credit (HELOC) on your current property. Do I Need a Pre-approval to Buy a New House Before Selling Mine?

Pre-approval 105

Pre-approval Purchase and sale agreement Finance Equity 105

Real Trends

JUNE 8, 2023

New York-based digital mortgage lender and real estate company Better.com has decided to partner with outside agents as referral partners, resulting in the mass layoff of agents at subsidiary Better Real Estate LLC , a person familiar with the decision told HousingWire. A spokesperson for Better.com declined to comment.

Agents 85

Agents Pre-approval Equity Mortgages 85

Housing Wire

SEPTEMBER 2, 2021

The round includes $100 million of Series D equity and $263 million in debt financing – boosting HomeLight’s valuation to the tune of $1.6 It also allows sellers access to a network of pre-approved buyers to expedite the process. Lydia Jett of the SoftBank Vision Fund also participated. billion, the company claimed.

Pre-approval 389

Pre-approval Investor Technology Equity 389

Real Trends

DECEMBER 5, 2022

Real estate agents are still in a good position to buy and sell, but they must take steps to make buyers feel comfortable proceeding with their transactions. Although measures are now in place to prevent this from happening, such as higher standards for loan approval, it does little to allay fears. The market has slowed considerably.

Pre-approval 91

Pre-approval Mortgages Agents Loans 91

HomeLight

AUGUST 31, 2022

If you need assistance navigating the financial or tax implications of unlocking your home’s equity, HomeLight always encourages you to reach out to your own advisor. homeowners with mortgages (roughly 62% of all properties) saw their equity increase by a total of more than $3.8 What is home equity? According to CoreLogic , U.S.

Equity 103

Equity Finance Loans Closing costs 103

Keeping Current Matters

JULY 13, 2021

Work with your agent to list your house before it has more competition on the market. Brace for a quick pace and rely on your agent to stay in the know on the available homes in your area. Getting pre-approved can show the seller you’re serious and help you know what you can afford. Bottom Line.

Marketing 260

Marketing Pre-approval Equity Agents 260

Keeping Current Matters

DECEMBER 14, 2021

Not only can an agent help you find the right home, but they’ll serve as your expert advisor and answer any questions you might have along the way. That means getting your finances in order, reviewing your budget, and getting pre-approved through a lender.

Pre-approval 252

Pre-approval Lending Equity Banks 252

Marco Santarelli

MAY 11, 2024

Home Equity Softening, Not Disappearing The report highlights a slight decrease in the percentage of homes considered “equity-rich,” where the loan value is less than half the estimated market value. This signifies that homeowners, by and large, still hold a healthy level of equity in their properties.

Mortgages 59

Mortgages Marketing Equity Pre-approval 59

Realty Biz

MARCH 13, 2024

A lot of new buyers just eager for their new lives often miss some crucial steps during the buying process such as undergoing complete pre-purchase home inspection and understanding mortgage terms fully. This hastiness results in costly errors that could affect them financially and satisfaction with their purchase for many years ahead.

Pre-approval 67

Pre-approval Inspection Mortgages Finance 67

CT Homes

FEBRUARY 13, 2024

Review your savings, equity in your current home, and your ability to manage two mortgages, if it comes to that. Find a Great Real Estate Agent The right real estate agent is your ally, offering expertise in both selling your current property and finding your next home.

Pre-approval 75

Pre-approval Inspection Mortgages Staging 75

RIS Media

JUNE 30, 2021

Buyside’s new features will enable homeowners currently receiving a Home Valuation Report to see a personalized Home Equity Dashboard. “According to the National Association of REALTORS® over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer.

Pre-approval 94

Pre-approval Equity Loan Officer Title 94

Lighter Side of Real Estate

OCTOBER 18, 2023

If you’ve ever heard real estate agents promoting the benefits of homeownership over renting, you may have thought they were doing it because they make bigger commissions when they sell a house. So if you’re currently renting, consider reaching out to a real estate agent who can help you make the transition from renting to owning.

Pre-approval 102

Pre-approval Fixed-rate mortgage Equity Agents 102

HomeLight

JANUARY 3, 2024

Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

Purchase and sale agreement 103

Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 103

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. When we had agents, we were not large enough to provide the consumer full coverage [geographically].

Debt-to-income ratio 370

Debt-to-income ratio Technology Mortgages Pre-approval 370

Redfin

APRIL 7, 2023

To help you get started, we turned to some of Redfin’s top Partner Agents in San Diego to help you navigate the process with confidence. Get pre-approved for a mortgage My advice to first-time homebuyers is to find a good loan officer and get pre-approved, fully underwritten approval is best.

Pre-approval 59

Pre-approval Agents Pre-qualification Debt-to-income ratio 59

Realty Biz

FEBRUARY 11, 2023

Applying for a car title loan online can be simple and convenient, but there are certain documents you need to submit before obtaining approval. You don’t need to work a 9-5 job to apply, and people with poor credit may pass approval for funding! Without a qualifying vehicle title, you cannot obtain approval.

Title 68

Title Loans Pre-approval Equity 68

RIS Media

JUNE 2, 2021

Scott agents. ” With the expansion, John L Scott can answer for the consumer: “How much equity do I have?” ” “Where can I get pre-approved for my next home?” According to the company, Buyside helped John L. ” “What can I do with the sale proceeds?”

Pre-approval 98

Pre-approval Lending Loan Officer Equity 98

RIS Media

SEPTEMBER 21, 2020

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Closing : A meeting during which ownership of a home is transferred from seller to buyer, usually attended by the buyer, the seller, both real estate agents and the lender.

Pre-approval 90

Pre-approval Pre-qualification Title search Inspection 90

Point2Homes

SEPTEMBER 30, 2021

If you haven’t already, try hiring a real estate agent to market your home. The Buyer Is Not Pre-approved for a Loan. Although buyers are not required to be pre-approved for a loan in order to buy a house, expecting them to be is perfectly reasonable. Also, it’s worth inviting friends over and asking for feedback.

Pre-approval 98

Pre-approval Proof of funds Inspection contingency Due diligence 98

RIS Media

DECEMBER 14, 2020

March/April: COVID-19 led us to adjust our business practices to support social distancing for buyers, sellers and agents. May: The number of buyers increased to pre-COVID seasonal levels, but sellers lagged creating a virtually sold out situation. Mid-June: The number of sellers increased to pre-COVID seasonal levels.

Sales 98

Sales Pre-approval Equity Marketing 98

Realty Biz

JUNE 24, 2021

Question from Jonna in OR: Hi Brian, I managed to get pre-approval for a $210,000 mortgage back in March and have been looking for my first home ever since. I don’t know the market in your area but ask your agent to show you several of the most run-down houses slightly below what you are pre-approved for.

Pre-approval 62

Pre-approval Equity Loans Title 62

McKissock

AUGUST 7, 2022

It didn’t help that the Federal Reserve was not strictly regulating the bank’s loan screening and approval process. Therefore, the banks approved mortgages to customers without regard for their ability to repay the loan. This means that we have not seen a tremendous increase in foreclosures compared to pre-pandemic rates.

Pre-approval 91

Pre-approval Bankruptcy Banks Loans 91

HomeLight

AUGUST 31, 2021

But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. We talked with veteran real estate agents with a combined 30-plus years working with foreclosures to bring you a comprehensive guide to the often confusing world of distressed properties. Pre-foreclosure.

Pre-approval 101

Pre-approval Short sale Banks Finance 101

HomeLight

JULY 31, 2022

Check your equity to get started. As a military member selling a house, the options available to you depend on your equity , which is the percent of your home that you own outright. Essentially, equity is the market value of your property minus the amount of money you still owe on your mortgage loan. Home Loan program.

VA loan 72

VA loan Purchase and sale agreement Short sale Pre-approval 72

Realtor.com

JANUARY 2, 2023

“It’s true, on the average, that new homes of similar sizes historically outprice pre-owned by about 16%,” says Stephen Haines , president of Artisan Built Communities. “Depending on the age of the pre-owned homes, one should understand the remaining life expectancy of these components,” says Haines.

New Construction 105

New Construction Construction Pre-approval Inspection 105

HomeLight

JULY 25, 2022

In fact, to help pre-empt the possibility of a delayed or canceled closing due to repair negotiations, some sellers even commission their own appraisal or inspection reports. Even before the house goes on the market, some sellers pay for a pre-listing appraisal to gather information to help in pricing. Connect with a Top Agent.

Inspection 98

Inspection Pre-approval Loans Finance 98

RIS Media

SEPTEMBER 2, 2020

“My ex-husband and I—both Black and dressed in our military uniforms—were looking for a home in a new development where we encountered an agent who sat behind a desk and let us walk through the model that was available,” recalls Willis. “This agent, who was not of color, was the epitome of what we all should be striving for.

Industrial 111

Industrial Pre-approval Development Equity 111

Real Trends

JULY 21, 2022

While these kinds of appreciation rates would be great for homeowners’ equity, it’s hard to believe that appreciation will continue at this record-setting pace. If Zillow’s marketing to homeowners makes them believe now is still a good time for them to sell, that might give more homeowners confidence to sell with a Zillow agent.

Marketing 85

Marketing Pre-approval Equity Mortgages 85

Windemere Buying

JANUARY 3, 2022

If you’re unhappy with your pre-approval, or need more money for your desired location, there are ways you can increase your buying power. Once you know which homes you can afford, you can work with your agent to find the right home and prepare an offer.

Pre-approval 52

Pre-approval Inspection Principal Closing costs 52

Lighter Side of Real Estate

MARCH 8, 2023

When you need some money to tide you over during lean times in your business, or want to grow it, you can tap into equity in your property by refinancing and taking some cash out, or open up a line of credit against it. Speak with a bank or mortgage company and get pre-approved for a loan. Even more tax deductions.

Pre-approval 79

Pre-approval Equity Banks As-is 79

HomeLight

JUNE 28, 2021

HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction).

Pre-approval 97

Pre-approval Pre-qualification FHA loan Inspection 97

Real Trends

DECEMBER 27, 2022

Aspiring and veteran real estate agents should be well aware that the same applies to the home buying and selling process: uncertainty hangs over every deal. A pending sale may be referred to as “under contract” by some real estate agents. It should be reassuring for all real estate agents that not many home sales fall through.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

HomeLight

JANUARY 29, 2021

We spoke with probate attorneys and a top-performing real estate agent to bring you 10 essential steps for selling an inherited house. Run a title search to surface liens or judgments attached to the property, such as unpaid taxes, a home equity line of credit, or a reverse mortgage. Partner with an agent who does probate.

Pre-approval 109

Pre-approval Title Renovation Title search 109

Realty Biz

DECEMBER 30, 2021

because the rising home prices increased homeowners’ equity. To secure pre-approval for a mortgage with a low interest rate, prospective buyers should have a good or excellent credit score as well as enough money saved up to make a significant down payment. The average fell from 12.2% This sounds promising on the surface.

Principal 96

Principal Pre-approval Mortgages Equity 96

HomeLight

SEPTEMBER 30, 2021

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. While rare, Zagorsky has seen a buyer successfully negotiate this when the seller was retiring and downsizing and had significant equity in the home.

Pre-approval 96

Pre-approval Seller concession Finance Banks 96

HomeLight

AUGUST 16, 2021

We’ve rounded up expert advice from all across our Buyer Resource Center and enlisted the help of top Massachusetts agent Rosemary Mancuso to walk us through what first-time buyers need to buy a house. Are you open to doing some sweat equity in the beginning?” Buyer’s agents know who the really good lenders are. Let’s get to it!

Closing costs 104

Closing costs Purchase and sale agreement Inspection Loans 104

Realty Biz

JUNE 3, 2022

It will feature a variety of important topics for potential homeowners including discussions about down payments, mortgage types, pre-approval and the lending process. The Alliance will also provide resources to help combat potential housing discrimination against sexual orientation and gender identity.

Pre-approval 65

Pre-approval Lending Equity Branding 65