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How can the mortgage industry be more prepared for the next natural disaster?

Housing Wire

The housing industry, from servicers to real estate agents and more, will feel the impacts of this year’s hurricane season far beyond 2022. We have lenders coming to us asking about the potential impact of a mortgage loan closing should the NFIP lapse. Many states do have sellers disclosure laws.

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Ask Brian: Can I Buy a House Without a Real Estate Agent?

Realty Biz

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.

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How to Buy a Home Without a Real Estate Agent

Redfin

What to know when buying a house without a real estate agent. Let’s start by looking at some frequently asked questions about buying without an agent. . If you work without an agent, can you only buy homes that are for-sale-by-owner (FSBO)? You can make an offer on any home just as you would if an agent were representing you.

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process. The escrow agent acts as a neutral intermediary, holding funds and important documents until all conditions are fulfilled. Typically, a minimum credit score of 620 is recommended for conventional loans.

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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

Here to help is top Chicago -based real estate agent Debra Dobbs , whose 37 years in the industry have made her a true documentation expert. We’ll also hear from Richie Helali of HomeLight Home Loans for an inside scoop on the loan-related documents for buying a house. Real estate agent contract. Purchase agreement.

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How to Spot Serious Foundation Trouble

Hank Miller Team

But unless the buyer and agent have a working knowledge of construction and a level of experience that allows them to spot signs of trouble, the buyer may be walking off a cliff. Oddly, there was a steady stream of buyers and agents through while we were there, none recognized or mentioned these issues.

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The Ultimate Guide to Buying a House in Texas

Redfin

There are various programs available for first-time homebuyers in Texas, including the TDHCA: My First Texas Home , which can assist with a down payment of up to 5% of the loan amount. Get pre-approved from a lender One of the most important steps you can do for yourself is to get pre-approved for a mortgage loan.