Housing Wire

OCTOBER 16, 2023

Here are the following strategies agents can use to guide first-time homebuyers toward achieving this monumental step. Editor’s note: There are conventional mortgage options with down payments as low as 3% and government-insured loans with a low- or no-down-payment requirement.) I’ll explain later.)

Agents 385

Agents Seller concession Closing costs Mortgages 385

Housing Wire

DECEMBER 8, 2023

Educate your clients about financing While many homebuyers can benefit from a 30-year, fixed-rate conventional mortgage , other borrowers might need access to other loan programs with more lenient guidelines. Make sure your buyers understand the difference between being prequalified, preapproved and loan-committed.

Proof of funds 386

Proof of funds Inspection contingency Inspection MLS 386

HomeLight

JANUARY 12, 2024

If you’ve been shopping for a home, you’ve likely come across the term “loan contingency,” and you may be considering including this clause in your purchase offer. Or perhaps you’ve already made a loan-contingent offer, and you’re wondering about contingency removal. What is a loan contingency?

Loan contingency 96

Loan contingency Loans Earnest money deposit Inspection contingency 96

Housing Wire

MARCH 3, 2023

The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement. The company claims UDC will also provide flexibility, as eligible loans can be transferred to the agency, along with the loan program that meets a borrower’s needs.

Loans 357

Loans Inspection Technology Design 357

Realty Biz

JANUARY 7, 2021

The fact is that another round of negotiations is frequently needed after the house is professionally inspected. Nor should the inspector be involved in a second round of negotiations after the inspection. Risks of Waiving a Home Inspection. Even a strong sellers’ market is not a good reason to waive a home inspection.

Inspection 120

Inspection Purchase and sale agreement Loan contingency Loans 120

Realty Biz

OCTOBER 21, 2023

From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. Additionally, they should assess their creditworthiness and financial stability, as lenders will often consider these factors when approving loan applications.

Loans 108

Loans Finance Construction Commercial 108

Realty Biz

DECEMBER 31, 2020

How to Prepare For a Home Inspection. Before you can prepare for your move, you need to get ready for the home inspections. Preparing for a home inspection will make sure your home sale proceeds as smoothly as possible. Lots of home sellers ask real estate agents how they can prepare for the home inspection.

Inspection 145

Inspection Land Loans Sales 145

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. An offer comes in at 5 p.m.

Inspection 400

Inspection Technology Loans Mortgages 400

Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Find them their dream home.

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Loan Officer New Construction MLS Inspection 366

HomeLight

AUGUST 23, 2021

Now it’s time to start moving through the process of finalizing the sale, which includes getting an inspection of the property. While they aren’t necessarily required by your mortgage lender, a home inspection is an important part of your home purchase. But how long will this inspection take? What is a home inspection?

Inspection 103

Inspection Due diligence Agents As-is 103

Louisville Homes

OCTOBER 13, 2022

One reason why closing on a home may take some time is the home inspection. So, what is a home inspection, and when and why is it necessary? Home Inspection 101. So what exactly is a home inspection? So what exactly is a home inspection? The home inspection will take several hours to complete.

Inspection 52

Inspection FHA loan Closing Loans 52

Realtor.com

DECEMBER 29, 2020

My smooth path to homeownership suddenly became rocky when the inspection report came back with a big fat failure on it. After a few calls with my real estate agent (who, at that point, had become more of a home-buying therapist), I learned that a bad inspection isn’t that rare. Most inspection issues are small.

Inspection 134

Inspection As-is Agents Sales 134

Real Trends

SEPTEMBER 20, 2023

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? An appraisal ensures that the loan being offered matches the property’s value. The client can find their own appraiser, or real estate agents can recommend appraisers they have worked with before. Not necessarily.

Agents 87

Agents Inspection Sales Commercial 87

American Lifestyle

JULY 13, 2020

The post Ask Your Agent: 10 Questions for the Home Inspection Process appeared first on American Lifestyle Magazine.

Inspection 79

Inspection Agents Loans Finance 79

Housing Wire

FEBRUARY 21, 2023

Streamlining operations Once a borrower is approved for a mortgage loan, the process should run like clockwork. It should keep the consumer happy and minimize the cost of originating the loan. Here’s a quick rundown of how this modernization can support your success. Technology makes this possible as it builds new efficiencies.

Pre-approval 307

Pre-approval Technology Title Loans 307

Keeping Current Matters

OCTOBER 12, 2020

Most real estate agents have developed a strong Internet and social media strategy to promote the sale of your house. The buyer’s agent, who solely represents the best interest of the buyer. The buyer’s agent, who solely represents the best interest of the buyer. You Net More Money When Using an Agent. Bottom Line.

Agents 275

Agents MLS Inspection Mortgages 275

Hank Miller Team

NOVEMBER 22, 2022

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. In fact, some real estate agents would also benefit from a reminder about their respective roles. These tend to be seen with high quality buyers and low loan to value transactions.

Inspection 52

Inspection Lending Equity Agents 52

RIS Media

JULY 19, 2021

However, by joining with a loan officer as knowledge partners, you can also position your partnership as an invaluable resource to homebuyers and sellers. The loan process, title work, inspections, research and stress is like having a part-time job while you are in the middle of it! By the time the average U.S.

Loans 98

Loans Loan Officer Equity Inspection 98

HomeLight

MARCH 31, 2021

The home inspections process is often one of the greatest obstacles to closing a swift sale. According to the National Association of Realtors (NAR), home inspection issues were responsible for 11% of delayed contracts and 9% of contract terminations in 2021. Pre-listing home inspections are just like standard inspections.

Inspection 78

Inspection Inspection contingency FHA loan Sales 78

RIS Media

JUNE 6, 2021

Are you wondering how land loans work? Getting a loan for land is a smart move, especially when you will not be constructing your home right away. Let’s take a look at everything you need to know about acquiring a land loan, so your financing is an easy, carefree process. Where Do You Get Your Loan? Land Loan Types.

Land 122

Land Loans Debt-to-income ratio Construction 122

Realty Biz

JANUARY 13, 2024

Coverage of interviewing agents when making a purchase is less common. We will examine the key questions to ask a buyer's agent and the benefits of working with one. From nearly forty years of experience as a top-producing real estate agent, I can tell your first hand you'll want an exceptional buyer's agent in your corner.

Agents 111

Agents Land Pre-approval Finance 111

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. Understanding the difference between buyer and seller's agents and how buyer's agents are compensated is essential. A few types of real estate agents are vital to understand.

Purchase and sale agreement 73

Purchase and sale agreement Pre-approval Agents Pre-qualification 73

Real Trends

OCTOBER 16, 2023

Here are the following strategies agents can use to guide first-time homebuyers toward achieving this monumental step. Editor’s note: There are conventional mortgage options with down payments as low as 3% and government-insured loans with a low- or no-down-payment requirement.) I’ll explain later.)

Agents 99

Agents Seller concession Closing costs Mortgages 99

Keeping Current Matters

SEPTEMBER 15, 2021

The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. After you’ve worked with your agent to find the home that suits your needs, they’ll help you put together and submit your best offer as soon as possible. Agents are experts in the local real estate market.

Inspection contingency 260

Inspection contingency Pre-approval Inspection Agents 260

HomeLight

MAY 8, 2024

Review your options to sell ‘as is’ in Louisiana The main options to sell a house ‘as is’ include: List ‘as is’ with the help of a real estate agent A great real estate agent will assist in listing and selling a home “as is.” Jeffrey , a top-selling Louisiana agent. It’s important to find the right match.

As-is 88

As-is Inspection Finance Residential 88

Real Trends

MARCH 3, 2022

When you’re the listing agent: Please don’t list and ghost. Keep that person looped in on the progress of the showing and offer period so that they can update interested buyers and their agents with up-to-date information, as dictated by your client. . It all rolls down from the listing agent, every time.

Agents 103

Agents Due diligence Inspection Rent back 103

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. Compared to traditional bank loans, car title loans can be an accessible financing option for people from various career backgrounds.

Title 68

Title Loans Pre-approval Equity 68

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’re on the hook for mortgage insurance for the life of the loan.

FHA loan 91

FHA loan Loans Inspection Renovation 91

Redfin

JANUARY 6, 2021

Just to be sure there aren’t any other pests lurking about your new house, you might want to consider getting a pest and termite inspection. Here are five reasons you should schedule a termite and pest inspection before any unwanted visitors wreak havoc on your dream home. Why should you get a pest and termite inspection?

Inspection 66

Inspection VA loan Loans Closing 66

Windemere Buying

APRIL 12, 2023

Real Estate Agent You’ll be represented by a buyer’s agent throughout the home buying process. When searching for a real estate agent, ask questions to gain an understanding of their professional expertise as well as their personality. Once you’ve chosen the right loan product, they’ll hand things off to the lender.

Pre-approval 104

Pre-approval Inspection contingency Title Inspection 104

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 inspection will check the roof is in a good enough condition, the water is drinkable, and many other things. Most people do not know there are FHA inspection requirements for appraisals.

FHA loan 93

FHA loan Inspection Loans Agents 93

HomeLight

MARCH 23, 2021

You may wonder, what does a real estate agent even do? According to the National Association of Realtors®, 88% of homebuyers purchased their home in 2020 through a real estate agent , and for good reason. Real estate agents are essential advocates through the homebuying process. What is a real estate agent?

Agents 94

Agents Purchase and sale agreement Inspection MLS 94

Realty Biz

JULY 11, 2022

Several have sold before I even talked to an agent about them. But this is my first home, and I don’t know why I should hire an agent. As a first-time buyer , I can’t stress enough how important I think it is for you to use a buyer’s agent. Let’s start with the cost to hire a buyer’s agent. Answer: Hello Stuart.

Agents 82

Agents Inspection Closing costs Seller disclosure 82

Realty Biz

SEPTEMBER 24, 2022

Military borrowers looking to buy or refinance a home might want to consider a VA loan. Department of Veterans Affairs (VA), this loan option can make buying a home easier for those who might otherwise struggle to afford a mortgage. If you’re a current or former service member, here’s everything you need to know about VA loans.

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VA loan Loans FHA loan Mortgages 65

HomeLight

MARCH 15, 2024

Connect with a Trusted Top Agent for Top Results HomeLight can connect you with a top-performing, trusted agent in your market. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs. Find Agent What is a kickback in real estate?

Purchase and sale agreement 101

Purchase and sale agreement Inspection Title Agents 101

Windemere Selling

MAY 29, 2024

The urgency to adapt is real, and overlooking the necessity of paying a buyer agent commission could expose sellers to unforeseen risks. Currently, home buyers are not allowed to roll their buyer agent compensation into their loan. What value does a seller receive if the buyer has professional representation?

Purchase and sale agreement 56

Purchase and sale agreement Inspection MLS Agents 56

Easy Agent Pro

FEBRUARY 22, 2022

Two groups of Americans know this first-hand: Real estate buyers’ agents and Millennials. Gone are the days when it cost buyers a year’s salary to get a loan for buying fixer homes. Check with each program to learn credit score requirements and how much your client will need to put down on the loan. .

Inspection 106

Inspection Renovation Loans Agents 106