Remove appraisal-contingency
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Ruoff Mortgage teams with Calque on ‘buy before you sell’ offering

Housing Wire

The Trade-In Mortgage and the Contingency Buster will be available to Ruoff Mortgage borrowers via the company’s online platform and mobile app. Buyers are not required to prepare their current home for sale until after they move into the new property. Calque launched the Contingency Buster in August.

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Purchasing a home with all cash gives buyers a big advantage 

Housing Wire

All-cash offers can benefit both buyers and sellers in ways that go beyond a lower sales price. All-cash offers may save buyers money Because sellers sometimes lower their asking price for all-cash offers, buyers can often save money on the home’s sale price.

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

Housing Wire

Angela is the 11th-ranked agent in the state by sales volume, closing 38 sides and $29.82 In writing both offers, Angela and I made sure to fully disclose how I was expecting her to get paid , as well as all of my requests, including a home inspection contingency clause. million in volume in 2023, according to RealTrends Verified data.

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

Housing Wire

Transfer taxes, title policies and potential appraisal shortfalls should be considered. Working with a knowledgeable realtor is essential to understanding contractual obligations and contingency timelines. While the builders sales team represents the developer, a buyers agent works solely in the buyers best interest.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Offers: Outline how making a competitive offer will work, including how price, contingencies, due diligence funds, and earnest money will impact how the seller views an offer. Clarify key steps like inspections, appraisals, and the importance of meeting deadlines and any impacts of missing them.

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Bummer! Existing-home sales flop, but relief could be on the way

Housing Wire

After a modest monthly uptick in July, existing-home sales fell 2.5% Sluggish sales left total housing inventory at 1.35 more than a year ago, bringing months of supply at the current sales pace to 4.2. New-home sales — while making up a considerably smaller share of the housing market — rose sharply in July. And it’s 22.7%

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The appraisal gap is complicating deals across the country

Housing Wire

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. She recently had a deal fall apart due to appraisal.