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Help Your Clients Save Thousands with a VA Loan Assumption

Lab Coat Agents

This can provide significant savings compared to taking out a new loan at prevailing market rates. In the current rising rate environment, it would be very costly, if not impossible, for a buyer to obtain a rate several points below market by buying down the rate on a new loan.

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13 Legit We Buy Houses for Cash Companies in Texas That Sellers Love

HomeLight

In Texas, it typically takes around 86 days — nearly three months — to sell a home on the market using an agent. That includes an average of 32 days on market , plus the typical 54 days a buyer needs to close on a purchase loan. Not every seller has months to prep, market, show, and close.

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6 of the Top We Buy Houses for Cash Companies in Alabama

HomeLight

Individual program details can also frequently change — please visit a company’s website for the most up-to-date- information on each program’s fees, market coverage, business model, and more. The team has more than 30 years of experience in the Birmingham metro area market. Step four is closing with a local attorney.

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51 Brilliant Real Estate Tips for Buyers to Edge Past the Competition

HomeLight

Ready to hit the market, buy your dream home and conquer this whole homeownership thing? But there’s so much to keep track of along the way: hiring an agent, getting a mortgage, making offers, and closing the deal. They’ll have specialized market information that others won’t. Don’t forget to budget for closing costs.

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Is Your Realtor Doing a Good Job? Answer These 6 Questions to Find Out

HomeLight

Did they suggest how to improve your home’s appearance to enhance its marketability? Does your agent have a comprehensive marketing strategy for your home? When it comes to agent-initiated updates, Farris notes that the appropriate level of communication largely depends on your market conditions.

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The nation’s housing market is on a correction course

Housing Wire

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

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Fed’s Beige Book predicts further uncertainty for the housing market  

Housing Wire

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

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