Real Trends

DECEMBER 14, 2022

A Marine’s best weapon may be their rifle, but a real estate agent ’s best weapon is knowledge. . Vetted VA’s Chris Griffith says, ‘tap, rack, bang,’ is a statement all Marines know by heart. For many homebuyers and housing industry professionals, there are lots of myths and misunderstandings about the VA loan and lending process.

VA loan 103

VA loan Loans Lending Loan Officer 103

Housing Wire

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) This service record may qualify for a Veteran Affairs (VA) loan. VA loans are not well understood by many Realtors. VA loans have no down payment requirement.

VA loan 414

VA loan Loans Mortgages Closing costs 414

Housing Wire

OCTOBER 19, 2023

Event marketing can be key to success in building relationships and meeting new potential buyers and sellers. February: Use Red Hot candies for a pop-by gift with the message, ‘It might be cold outside but the market is red hot!’ Send a video email offering an updated market analysis and follow up with phone contact.

Agents 424

Agents VA loan Closing Loans 424

Realty Biz

MARCH 28, 2023

A VA appraisal is similar in some ways to the appraisal with a conventional mortgage, but they do more to protect buyers. We look at a home's requirements when applying for a VA loan. There are VA loan inspection requirements for appraisals that buyers, sellers, and real estate agents should know.

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VA loan Inspection Loans Land 94

Housing Wire

MARCH 5, 2024

trillion in FHA and VA loans. 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? So, we help them include that marketing for that home.

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VA loan Mortgages Loans Agents 433

Housing Wire

FEBRUARY 28, 2024

The data examined below represents multiple listing service data and mortgage market analytics for San Diego County, as well as the state of California and the country as a whole from 2019 to 2023. percentage points in market share, albeit with a setback in 2023. The number of listings in San Diego fell 50.5%

Marketing 424

Marketing VA loan Days on market Loans 424

Housing Wire

MARCH 28, 2024

They asked the federal officials to “provide guidance to market participants that will ensure these new arrangements will continue to be supported by” FHA and GSE underwriting standards. Sellers or buyers can pay the buyer’s agent’s fees.

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VA loan Closing costs MLS Loans 442

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.

VA loan 404

VA loan FHA loan Loans Mortgages 404

Housing Wire

MARCH 21, 2022

It also does not preclude a real estate broker or agent and a lender from collaborating on marketing activities. Sponsorship of events can also be deemed illegal if the event is used for marketing or publicizing a real estate or mortgage company’s services.

Agents 370

Agents VA loan Land Construction 370

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. What Is a VA Loan? Benefits of a VA Loan. Backed by the U.S.

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VA loan Loans FHA loan Mortgages 65

Housing Wire

FEBRUARY 6, 2024

Assumable mortgages remain a niche market compared to new mortgage issuance. Department of Veteran Affairs (VA) handled about 6,400 assumptions, more than double the amount in 2022, according to a report in The Wall Street Journal. But these transactions have grown recently.

Mortgages 449

Mortgages VA loan Loans Closing 449

Housing Wire

DECEMBER 14, 2023

The letter states that the CHLA believes this shift could have “profound negative impact on the ability of home buyers to pay for or finance those commissions and on loan appraisal loan to value (LTV) calculations and requirements.” Under current regulations, VA buyers are not allowed to pay for buyer’s representation.

Lending 414

Lending Mortgages VA loan Finance 414

Housing Wire

MARCH 28, 2024

the parent of digital lender Better.com , narrowed its net loss between the third and fourth quarters of 2023 by more than 80%, driven by expense cuts to its platform and marketing efforts. Going forward, Better is focused on driving market share and reaching profitability in the medium term. Better Home & Finance Holding Co. ,

Loan Officer 424

Loan Officer VA loan Loans Technology 424

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “There is too much distraction in the market; there are some negative folks out there.

Mortgages 464

Mortgages VA loan Finance Loans 464

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.

FHA loan 105

FHA loan VA loan Mortgages Marketing 105

Housing Wire

DECEMBER 16, 2022

The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. The market has now faced a contraction in existing-homes sales for nine consecutive months, while home prices and rates rise.

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VA loan Staging Equity Investor 471

Keeping Current Matters

JULY 29, 2021

Some veterans are finding it difficult to obtain a home in today’s market. Below, we can see just how small of a share of total financing VA loans made up in June of 2021, according to that Ellie Mae report: The drop in VA loan usage can be attributed to the difficulties veterans continue to face when buying a home.

VA loan 218

VA loan Loans Finance Mortgages 218

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.

FHA loan 382

FHA loan Mortgages Loan Officer VA loan 382

Housing Wire

DECEMBER 14, 2020

The iBuyer also said that homebuyers in Tucson, Arizona; Charlotte, North Carolina; Houston; San Antonio; and Austin, Texas, can tour and purchase any home on the market, via Opendoor. Then, once a buyer wants to make an offer, they are connected with an Opendoor agent to represent them. The blog post ended with “More to come!”

VA loan 414

VA loan Finance Loans Technology 414

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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VA loan FHA loan Mortgages Loans 107

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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Finance VA loan FHA loan Agents 106

Real Trends

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) This service record may qualify for a Veteran Affairs (VA) loan. VA loans are not well understood by many Realtors. VA loans have no down payment requirement.

VA loan 82

VA loan Loans Mortgages Closing costs 82

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

VA loan 109

VA loan Mortgages Purchase and sale agreement FHA loan 109

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. Determining whether your mortgage is transferable largely depends on the type of loan you have. However, the process involves specific VA requirements and approvals.

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VA loan FHA loan Mortgages Loans 111

Housing Wire

JANUARY 17, 2023

Chantilly, Virginia-headquartered mortgage bank Prosperity Home Mortgage saw mortgage origination volume plummet by 40% last year — at a time when mortgage rates had more than doubled, home prices remained elevated and the market suffered from a shortage of inventory. . About 70% of Prosperity’s production comes from affiliate realtors.

Mortgages 393

Mortgages VA loan Loans Banks 393

Realtor.com

NOVEMBER 10, 2022

Between the news that we already seem to be slipping into an unofficial recession and a serious home market slowdown , many sellers feel like they’re facing a Sisyphean task. Below, we hear from real estate pros who have weathered much worse markets than this. Buying down points is working well in today’s market.”.

VA loan 106

VA loan Loans Land Mortgages 106

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.

Purchase and sale agreement 102

Purchase and sale agreement Mortgages VA loan Loans 102

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

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.

FHA loan 106

FHA loan VA loan Mortgages Loans 106

Housing Wire

JANUARY 3, 2023

My hope is that many of the features and policies that have made the VA loan the safest mortgage in the U.S. While I’m a fan of improving antiquated systems, I first wonder if the VA, the MBA, or Congress were open enough about the problems with the current system.

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VA loan Loans Due diligence HR 78

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

RIS Media

DECEMBER 20, 2020

That’s why modern real estate agents must prioritize the relationship, not the transaction. To prioritize relationships as a modern agent, it takes the right tool set, knowledge and insight. The modern agent needs to have a clear approach and message for homeowners and sellers. They put clients first—always.

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Agents VA loan Brokerage Technology 111

Housing Wire

JULY 12, 2022

The VA also faces challenges unrelated to the pandemic. The perception of VA loans as risky and logistically complicated — even if an outdated view — continues to impact the competitiveness of the borrowers it serves. But the VA is hoping to change that. JB: We just approved a brand new training department for VA.

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VA loan Loans Industrial As-is 370

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. What Is A USDA Loan?

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FHA loan VA loan Pre-approval Fixed-rate mortgage 96

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?

Mortgages 101

Mortgages VA loan FHA loan Loans 101

Real Trends

MARCH 18, 2022

It also does not preclude a real estate broker or agent and a lender from collaborating on marketing activities. Sponsorship of events can also be deemed illegal if the event is used for marketing or publicizing a real estate or mortgage company’s services.

Agents 67

Agents VA loan Land Construction 67

Easy Agent Pro

SEPTEMBER 24, 2020

This is the perfect side-niche for agents who are former members of the military or grew up as military brats. But you don’t need military experience, or market your services near a military base, if you’re willing to put in the time to learn the unique needs and benefits of this group of people. Not so with a VA loan.

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VA loan Loans Agents Closing costs 83