Housing Wire

MARCH 22, 2023

Redfin attributed the drop in down payment amount and percentage to the slower housing market , lower home prices, and higher housing costs due to rising mortgage rates. Most offers on homes written by Redfin agents in January were not part of bidding wars , which differs significantly from 2021 and early 2022. in January 2023.

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Housing Wire

FEBRUARY 7, 2023

California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. CMS is going heavy on a rarely used mortgage product to solve this market problem. Because Fannie Mae and Freddie Mac loans – nearly two-thirds of the mortgage market – are not eligible to be assumed, it’s a niche product.

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FHA loan Mortgages Loan Officer VA loan 382

Housing Wire

APRIL 3, 2024

The letter is being sent in response to a series of real estate commission lawsuits and the recent $418 million settlement by the National Association of Realtors (NAR), with the association also agreeing to abolish the “Participation Rule” requiring sell-side agents to make an offer of compensation to buyer brokers.

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HomeLight

FEBRUARY 12, 2021

You’ve just received the first offer on your home — and it’s backed by an FHA loan. So what do you need to know about FHA loans as a seller? Today, FHA loans represent a fair share of the mortgage market; in 2018, the FHA insured 12.1% FHA loans help make homeownership more accessible.

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Housing Wire

MARCH 12, 2024

“While rising interest rates affected all homebuyers, this impact was more pronounced among Hispanic households, many of whom are first-time buyers with lower median incomes and who live in higher priced markets,” according to NAHREP. But last year I had co-borrowers where the dad was jumping in, the mom jumping in.

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Realtor.com

AUGUST 1, 2018

Michail_Petrov-96/iStock A few years back, my husband and I got an FHA loan. had recently bought using a Federal Housing Administration loan, and it was working out wonderfully. An FHA loan—which allows the buyer to put down as little as 3.5%—sounded You can’t buy just any house with an FHA loan.

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HomeLight

NOVEMBER 6, 2023

It’s a unique approach that can make your dream of owning a home in today’s complex, high-priced housing market more attainable. Partner with a top agent familiar with assumable mortgage listings HomeLight can connect you with a top real estate agent familiar with assumable mortgage listings in your market.

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Housing Wire

FEBRUARY 22, 2024

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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Industrial MLS FHA loan Agents 414

Housing Wire

MARCH 11, 2022

In relation other top 10 reverse mortgage lenders, Fairway stands out by making a concerted effort to cultivate more H4P business in an environment where many other reverse mortgage companies have spent much of the past 12-18 months focused on HECM-to-HECM (H2H) refinances, according to data compiled by Reverse Market Insight ( RMI ).

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Real Trends

NOVEMBER 11, 2022

Today’s turbulent housing market means challenges for both buyers and sellers. As real estate professionals keep the challenges of our current market in mind, the financing options below can pave the way to deals that may otherwise not be possible. USDA loans. 2-1 buydowns. appeared first on RealTrends.

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HomeLight

DECEMBER 5, 2023

” An assumable mortgage could be a smart solution, offering the possibility to take over a home loan with more favorable terms than currently available in the market. We’ll cover what types of assumable loans are available, the process, how to find them, and the pros and cons of assuming a mortgage.

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Housing Wire

JANUARY 13, 2021

A week ago, it said it will offer 61 basis points on conventional loans through March 8. It’s also offering ultra-low rate mortgages on FHA loans. According to the FHFA, hybrid appraisals would increase coverage for rural markets and high-volume areas where speed matters.

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The Residential Specialist

OCTOBER 24, 2022

As the real estate market shifts, expert agents share what the industry will look like heading into 2023. 2022 marked the beginning of the end for what was an unprecedented seller’s market. Rather, many see a return to what it was prior to 2020—a normal, healthy market. By Caroline Heller.

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HomeLight

DECEMBER 8, 2023

In today’s real estate market, with high mortgage interest rates and hesitant buyers, you might be pondering, “Is my mortgage assumable?” Or, you might want to allow a family member to assume your mortgage so they can inherit a financial advantage through your low-interest-rate home loan.

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Realty Biz

SEPTEMBER 23, 2023

Are you wondering what to ask a buyer's agent before hiring them? Buyer agents play a crucial role in real estate transactions. They provide services such as guiding buyers through the home buying process, offering expertise in the local market, and assisting with negotiation and closing.

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Housing Wire

MARCH 5, 2024

Roam acts as a facilitator, synchronizing all stakeholders involved in the assumption process, including real estate, title and escrow agents, attorneys, and the buyer and seller themselves. How do you help real estate agents? We help listing agents generate significantly more buyers for their home sales. This amounts to $1.4

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Realty Biz

FEBRUARY 28, 2023

Thanks to HUD’s FHA loan policies, homeownership is more accessible to many Americans because lenders are given less financial risk when offering loans to buyers. FHA Loan Eligibility FHA loans are a great option for purchasing a house without spending much money upfront.

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Lab Coat Agents

FEBRUARY 7, 2023

Are you in the market to buy your first home? How To Choose The Right Realtor There are a few things you should keep in mind when choosing a real estate agent. First, you want to ensure that the agent is experienced and knowledgeable about the area in which you are looking to buy or sell. down payment.

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HomeLight

DECEMBER 12, 2023

In this guide, we’ll review what it means to transfer a mortgage, helping you make informed decisions about your home loan or home sale. There are certain mortgages that are not assumable [transferable],” says Eric Broesamle , a top Michigan real estate agent who has been helping homeowners for more than 20 years.

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VA loan FHA loan Mortgages Loans 111

Realty Biz

MARCH 13, 2024

This article explores the key factors home buyers need to know about the Maryland housing market this year. Getting Pre-Approved For A Mortgage In a seller’s market like Maryland, getting pre-approved for a mortgage loan should be one of the first steps for hopeful buyers. Don’t get emotionally swept up and overpay.

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HomeLight

NOVEMBER 29, 2023

In today’s high-interest-rate market, finding affordable ways to buy a home is more challenging than ever. An assumable mortgage allows you to take over the seller’s existing loan, often with more favorable terms than current market rates. What types of loans can you take over, and what are the steps involved?

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Mortgages VA loan FHA loan Loans 101

HomeLight

SEPTEMBER 2, 2021

In 2021’s white-hot real estate market, homes are appreciating every day. Here, we’ll walk you through one of the best-known and most widely utilized tools that can help get you those keys: the FHA loan. What’s an FHA loan? They must be issued by an FHA-approved lender — and there are many of these out there.

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Realty Biz

MARCH 12, 2023

Preparing For an FHA Inspection Before your FHA loan can be approved, your buying home must be inspected and appraised. The FHA wants to ensure the home is worth the money you are willing to pay. Most people do not know there are FHA inspection requirements for appraisals.

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Easy Agent Pro

DECEMBER 29, 2021

It’s crazy in light of the fact that agents do an amazing job of trying to dispel the myth. In fact, “bad credit home loans,” “bad credit mortgages” and “how to buy a home with bad credit” are up-trending search terms on Google, especially in California, Texas and Florida. This is something agents need to know and to keep current on.

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HomeLight

AUGUST 21, 2023

Connect with a Top Agent Find proven real estate agents that know your local area, and how to help you prepare for a successful home appraisal. Top-performing agents sell homes faster and for more money. During this process, a third-party appraiser will assess your home and determine the fair market value.

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McKissock

NOVEMBER 10, 2020

We received a wide variety of responses, including marketing, negotiating and property management. Social media marketing (3). VA and FHA loans. The post Agents Divulge Which Aspects of Real Estate They Want To Learn More About appeared first on McKissock Learning. Keep reading to learn what else made the list.

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HomeLight

DECEMBER 19, 2023

But what if there was a way to bypass these rates by taking over an existing home loan? It’s a question being asked more often in the current market. In this process, you essentially step into the seller’s shoes, taking on their current loan with its existing terms, interest rate, and remaining balance.

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Banks Mortgages VA loan FHA loan 103

HomeLight

OCTOBER 30, 2020

When weighing up whether to take or leave your appliances, you should consider what’s considered the “norm” for your market, as well as how your appliances may impact your home’s marketability. For instance, if the seller typically leaves the washer and dryer in your market, then your buyer may push for these appliances to remain.

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HomeLight

DECEMBER 12, 2023

Partner With a Top Agent Familiar With Assumable Mortgages An experienced agent can help minimize challenges and coordinate a home sale between family members. HomeLight can connect you to a top agent with experience in family real estate transactions. Get Started What does it mean to assume a mortgage? “If

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VA loan Mortgages Purchase and sale agreement FHA loan 109

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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Loans FHA loan Mortgages Loan Officer 424

Housing Wire

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) VA loans are not well understood by many Realtors. When you really know the benefits, you’ll be more of an advocate of these loans both on your buyer sides as well as when you’re a listing agent considering accepting a VA loan.

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VA loan Loans Mortgages Closing costs 414

HomeLight

MAY 8, 2024

However, it’s important to note that selling a house “as is” usually means accepting a lower offer than if you sold on the traditional market. We Buy Houses operations buy “as is” properties at a discounted rate compared to a traditional market sale and will generally seek out homes in need of significant repairs.

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HomeLight

DECEMBER 28, 2023

In this post, we will walk you through everything you need to know about transferring or “assuming” a home loan. Partner With a Top Agent Familiar With Assumable Mortgage Listings HomeLight can connect you with a top-performing real estate agent who understands the ins and outs of assumable mortgage listings in your market.

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Loans Purchase and sale agreement VA loan Mortgages 103

HomeLight

APRIL 30, 2024

We’ll also break down the concept of mortgage assumption, clarify what loan types might qualify, and provide tips about this growing homeownership trend. Partner With a Top Agent Familiar With Assumable Mortgages An experienced agent can help minimize challenges and coordinate a home sale between family members.

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Lab Coat Agents

MAY 1, 2024

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. What is a VA Loan Assumption? When a buyer assumes a VA mortgage loan, they take over the seller’s existing loan balance and current interest rate.

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VA loan Loans Debt-to-income ratio FHA loan 52

Redfin

APRIL 7, 2023

With its pristine beaches, year-round sunshine, and thriving job market, it’s no wonder that so many people dream of owning a home in America’s Finest City. 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.

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

GeekEstate

FEBRUARY 14, 2024

What fascinated me the most in the US was the debt leverage mentality, particularly in the mortgage market – a contrast to the perspectives I grew up with in Germany. I’ve seen how traditional partnerships, usually in the form of joint ventures or Marketing Service Agreements, often aren’t effective. What’s next for you?

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