HomeLight

JANUARY 27, 2021

A lender with a local presence will likely know the ins and outs of your market better than a big bank, and they’ll have local relationships that will make closing your deal easier. Your mortgage payment is more than just the cost of the principal and interest on your loan. Understand how days on market affects your offer.

Closing costs 116

Closing costs Loans Inspection Earnest money deposit 116

HomeLight

JANUARY 18, 2023

So if your home is worth $400,000, and you have $320,000 left in unpaid principal on your mortgage loan, that means you hold $80,000 equity in your home or 20%. The principal balance you still owe on your mortgage. To understand what’s happening with your home’s equity, it’s worth digging into current housing market trends.

Equity 82

Equity Marketing Loans Principal 82

HomeLight

NOVEMBER 29, 2021

To find local market information in each New Jersey county, check out the Fast Stats page on the New Jersey Realtors website. You’ll find up-to-date information on new listings, days on market, median sales prices, housing inventory, and more. Asking your personal banking mortgage lender. Source: (Devin Avery / Unsplash).

Land 87

Land Closing costs Purchase and sale agreement Loans 87

The Close

DECEMBER 29, 2022

How else would you and your clients understand how much is being paid in principal and interest over the years? Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. This is when a homeowner turns a deed over to the mortgaging bank to avoid going into foreclosure.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

Marco Santarelli

JANUARY 1, 2021

Lakeland is a principal city of the Lakeland–Winter Haven Metropolitan Statistical Area. It is the principal city of the Ocala, Florida Metropolitan Statistical Area. Birmingham is a leading banking center and a powerhouse of construction and engineering companies. The average number of days on market is 83.

Investor 138

Investor Residential Marketing As-is 138

Marco Santarelli

AUGUST 3, 2020

Rising prices may keep some from participating in the market, high property taxes can deter the expected growth, but the reality is San Antonio continues to rank as one of the best places to live across the country. On average, homes in San Antonio, TX sell after 60 days on the market. Graph Credits: Realtor.com.

Marketing 124

Marketing Investor Sales Construction 124

Marco Santarelli

JANUARY 3, 2021

Among the advantages of this strategy is that during the time that you hold the property and rent it out, the mortgage is paid down every month, decreasing your principal balance and increasing your equity in the rental property. All that you need to see is your ROI flowing into your bank account each month.

Investor 105

Investor Property Management As-is Renovation 105