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Massachusetts set to bar home sellers from requiring inspection waivers

Housing Wire

Massachusetts homebuyers will soon be protected from being pressured into waiving home inspections under new regulation. It also prevents sellers from accepting offers if they are informed in advance that the buyer intends to forgo an inspection. A home inspection is an important step in buying a property.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

So, let’s start with the basics: What is a real estate broker vs. an agent? To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do?

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Home sale cancellations hit record high in January

Housing Wire

With less competition, some buyers are backing out during the inspection period, hoping for a better deal. High mortgage rates and Home Prices : The average 30-year fixed mortgage rate hit 6.96% in January, an eight-month high. Many are opting to wait out market instability before committing to a purchase. Las Vegas 17.9%

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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Finding an agent Like 43% of homebuyers , I began my search online, as I worked to get a sense for what the inventory in my preferred areas and in my price range looked like. Funny you should ask.

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The Advice First-Time Homebuyers Need To Hear

Keeping Current Matters

Because while this process might be brand new to you, it’s not new to your agent. Tip #1: Get Pre-Approved First Rocket Mortgage says this is one of the most common mistakes first-time buyers make. Instead, find your agent and talk to a lender early – before looking at any houses. Learn more! Start building equity.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Buyers agents are not just bright smiles that open doors were the guide our clients rely on to navigate the homebuying process. Thats why having a definitive homebuying checklist is an essential part of your agent toolkit. This is when your buyers need you the most.

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The 11 do’s and don’ts of buying a new build

Housing Wire

If no rate protection is available, buyers should ensure they still qualify for their mortgage in case of a rate increase. Third-party inspections Although city and county inspectors verify code compliance, hiring an independent home inspector can provide additional peace of mind.