Real Trends

NOVEMBER 11, 2022

Real estate professionals navigating housing in 2022 and beyond need to know their way around all the financing options available. Without knowledge of lesser-known financing choices, real estate professionals can miss the chance to turn their customers into homeowners, or sellers. . USDA loans. 2-1 buydowns.

Finance 106

Finance VA loan FHA loan Agents 106

Lab Coat Agents

MAY 1, 2024

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. What is a VA Loan Assumption? What is a VA Loan Assumption? When a buyer assumes a VA mortgage loan, they take over the seller’s existing loan balance and current interest rate.

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

Housing Wire

OCTOBER 13, 2022

Daniel Wold, ALTA’s president, added: “We will continue speaking out against alternatives to title, which pose an even greater risk to the housing finance system.”. One of the goals they outlined in those plans is a push to reduce closing costs, especially for low-income borrowers. “One “This is a top priority for ALTA.”.

Title 391

Title Closing costs Title search Closing 391

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 381

Lending Banks Loan Officer Loans 381

Housing Wire

MAY 17, 2023

And if you can have a credit card with benefits, cash back and, even more, the option to offset closing costs, that’s valuable. These are world-class technologies, world-class capabilities that don’t come cheap. You saw Homepoint , for example, sold their operations to The Loan Store. Then you add 2.5

Marketing 370

Marketing Banks Mortgages Industrial 370

Marco Santarelli

APRIL 28, 2023

The Federal Housing Finance Agency (FHFA) recently announced changes to the loan-level price adjustments (LLPAs) for borrowers with conventional mortgages backed by Fannie Mae or Freddie Mac. The changes, which are set to take effect on May 1, 2023, will impact the pricing structure of mortgages for borrowers.

Mortgages 98

Mortgages Debt-to-income ratio Loans Finance 98

Realtor.com

MARCH 12, 2021

Consider how many months it would take for you to recoup the costs of closing on a refi, along with how long you’ll be staying at this home. If you can recoup closing costs within two years and plan to stay in your house for longer, the savings on interest means the math will likely work out in your favor.

Fixed-rate mortgage 87

Fixed-rate mortgage Mortgages Closing costs Equity 87

RIS Media

OCTOBER 2, 2020

Well-known national lenders approve loans for customers across the United States, but a smaller, local bank or credit union may offer you several advantages that a larger institution can’t. Qualification Requirements and Loan Terms. They are often less strict than banks when it comes to loan approval requirements and down payments.

Banks 64

Banks Debt-to-income ratio Mortgages Loans 64

Housing Wire

NOVEMBER 9, 2023

Fannie Mae and Freddie Mac jointly announced this week that they have entered a new critical edit phase for their Uniform Closing Dataset (UCD) as of Nov. 6, informing lenders that they must address quality issues for “fatal data points” before delivering loans to either of the government-sponsored enterprises.

Loans 404

Loans Closing costs Mortgages Closing 404

HomeLight

APRIL 14, 2023

Closing costs: Sellers pay no closing costs; House Heroes charges no fees. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; The Local House Buyers covers them. The company has a 4.2-star

Purchase and sale agreement 89

Purchase and sale agreement Closing costs Closing Sales 89

Redfin

MAY 2, 2023

The state’s economy is driven by various industries, including technology, tourism, energy. However, living in Colorado can also come with challenges, such as a high cost of living, traffic congestion in urban areas, and extreme weather conditions. In Colorado, closing typically occurs at a title company.

Pre-approval 65

Pre-approval FHA loan Loans Finance 65

HomeLight

AUGUST 12, 2022

Closing costs: Sellers pay no closing costs; We Buy Houses ® covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them. Individual investor fees may vary.

Closing costs 88

Closing costs Purchase and sale agreement Closing Staging 88

HomeLight

JANUARY 25, 2023

Closing costs: We Buy Houses World’s website doesn’t specify closing costs, but they do state that their service is free. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; Bradenton Home Buyers covers them.

Purchase and sale agreement 82

Purchase and sale agreement Closing costs Closing Agents 82

HomeLight

APRIL 11, 2023

Best Cash Offer in Texas shares on its website that by using an in-house construction team, it is able to keep offers both fair and consistent throughout the transaction (some house-buying companies are known to drop the value of their offer last minute before closing). Individual investor fees may vary.

Purchase and sale agreement 78

Purchase and sale agreement Closing costs Closing Agents 78

HomeLight

APRIL 11, 2023

Closing costs: Sellers pay no closing costs; Express Homebuyers covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; John Medina Buys Houses covers all costs.

Purchase and sale agreement 89

Purchase and sale agreement Closing costs Closing Sales 89

HomeLight

AUGUST 10, 2022

They also promise a fast, easy, and transparent selling process, with closing in as little as 24 hours. Closing costs: Sellers pay no closing costs; Diamond Equity Investments covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

Closing costs 81

Closing costs Purchase and sale agreement Closing Staging 81

HomeLight

JANUARY 25, 2023

Closing costs: According to the company’s FAQ page, South Florida Cash Home Buyers says it will “often” pay closing costs. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: You pay no closing costs; FL Cash Home Buyers covers them.

Purchase and sale agreement 83

Purchase and sale agreement Closing costs Closing Agents 83

HomeLight

APRIL 11, 2023

Closing costs: Sellers pay no closing costs; Waco First Home Buyers covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; Rudolph the Home Buyer covers them.

Purchase and sale agreement 86

Purchase and sale agreement Closing costs Closing Agents 86

Redfin

JUNE 14, 2023

The city is also a hotbed for technology and research, with the Research Triangle Park (RTP) nearby, attracting top-notch companies and fostering innovation. Prioritize your finances Getting your finances in order is crucial for the homebuying process in North Carolina, as it sets the foundation for a smooth and successful transaction.

Pre-approval 59

Pre-approval Debt-to-income ratio Closing costs Title 59

HomeLight

JANUARY 25, 2023

They also specialize in quick sales, stating on their website that they usually deliver a cash offer within one hour and can close in as little as seven days. Closing costs: Sellers pay no closing costs; BluRobin Homes covers them. Closing costs: Sellers pay no closing costs; Rob JR Buys Houses covers them.

Purchase and sale agreement 77

Purchase and sale agreement Closing costs Closing Agents 77

HomeLight

FEBRUARY 17, 2022

That includes an average of 32 days on market , plus the typical 54 days a buyer needs to close on a purchase loan. If your home was severely damaged in a weather event, or you’ve fallen years behind on routine maintenance, you can still sell without needing to make the extensive repairs that financed buyers may require.

Closing costs 77

Closing costs Closing Sales Staging 77

HomeLight

JULY 28, 2022

Step four is closing with a local attorney. Closing costs: Sellers pay no closing costs; Birmingham Homebuyers LLC covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Finally, the transaction closes with a local title company.

Purchase and sale agreement 86

Purchase and sale agreement Closing costs Closing Title 86

HomeLight

DECEMBER 30, 2022

They charge no fees, cover your closing costs, and schedule closing to accommodate your preferred timing. Closing costs: You pay no closing costs; AZ Home Buyers covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. stars on Google.

Purchase and sale agreement 87

Purchase and sale agreement Closing costs Closing Agents 87

HomeLight

JULY 28, 2022

If you accept, you can typically close within a week. Closing costs: Sellers pay no closing costs; We Buy Houses Delaware covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. If you accept, you can close in as few as seven days.

Closing costs 83

Closing costs Purchase and sale agreement Closing Staging 83

HomeLight

DECEMBER 6, 2022

Closing costs: Sellers pay no closing costs; the Buyout Company covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Because of the rapidity of their offer and closing, they’re also a good choice for homeowners facing foreclosure or other financial woes.

Purchase and sale agreement 90

Purchase and sale agreement Closing costs Closing Sales 90

HomeLight

AUGUST 10, 2022

After one showing, sellers get a no-obligation offer and can choose their closing date. Closing costs: According to the company website, Better House Buyers takes care of closing costs. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. out of 5-star rating.

Closing costs 81

Closing costs Purchase and sale agreement Closing Inspection 81

HomeLight

JANUARY 24, 2023

Closing costs: Sellers pay no closing costs; CORE Cash Home Buyers covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; Florida Cash Home Buyers covers them. out of 5 stars.

Purchase and sale agreement 89

Purchase and sale agreement Closing costs Closing Agents 89

HomeLight

JULY 28, 2022

They are careful to visit properties before proposing an offer, and once doing so, the company does not subtract commissions or fees during the closing process. Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them. Closing costs: Sellers pay no closing costs; Matco Properties covers them.

Closing costs 81

Closing costs Purchase and sale agreement Closing Investor 81

HomeLight

FEBRUARY 17, 2023

Closing costs: Sellers pay no closing costs; Cash House Buyers Tampa covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. They’re also committed to completing sales quickly, and can close sales in as little as one week. The company has 5.0

Purchase and sale agreement 79

Purchase and sale agreement Closing costs Closing Sales 79

HomeLight

AUGUST 24, 2022

Closing can happen within a week, or on a timeline that works best for all parties. Closing costs: No closing costs for sellers. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: No closing costs for sellers.

Closing costs 85

Closing costs Purchase and sale agreement Closing Staging 85

HomeLight

AUGUST 24, 2022

Closing costs: Sellers pay no closing costs. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs. Closing costs: Sellers pay no closing costs.

Closing costs 77

Closing costs Purchase and sale agreement Closing Staging 77

HomeLight

FEBRUARY 28, 2023

Once contacted, a buying manager will conduct in-depth research on your property to provide you with a cash offer for your home, eliminating the need to make repairs or deal with closing costs and commissions. The closing process can take two to four weeks, depending on urgency. Individual investor fees may vary.

Purchase and sale agreement 79

Purchase and sale agreement Closing costs Closing Sales 79

HomeLight

JANUARY 24, 2023

Closing costs: Sellers do not have to pay any fees to Five Hills Investors for their services, although they may be required to pay closing costs. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.

Purchase and sale agreement 79

Purchase and sale agreement Closing costs Closing Investor 79

HomeLight

FEBRUARY 28, 2022

The company provides quick offers, flexible closing dates, and $10,000 in earnest money to show that it is serious when buying real estate. Closing costs: The Buy-Out Company covers a seller’s closing costs , but you are still responsible for any prorated property taxes owed. out of 5 as well as a 4.73

Closing costs 82

Closing costs Closing Sales Staging 82

HomeLight

APRIL 15, 2022

After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. . They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.

Title 88

Title House Flipping Title search Sales 88

HomeLight

JULY 28, 2022

They are careful to visit properties before proposing an offer, and once doing so, the company does not subtract commissions or fees during the closing process. Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them. Closing costs: Sellers pay no closing costs; Plan B HomeBuyers covers them.

Closing costs 77

Closing costs Purchase and sale agreement Investor Closing 77

HomeLight

DECEMBER 8, 2022

Closing costs: Sellers pay no closing costs; Valley Home Offers covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. The offer is a true amount that doesn’t change at closing due to additional fees. Individual investor fees may vary.

Purchase and sale agreement 88

Purchase and sale agreement Closing costs Closing Agents 88