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Fannie Mae expands use of AOLs in selling guide update

Housing Wire

Tomb also noted that ALTA was troubled by the fact that Fannie Mae’s announcement came without any discussion with the title insurance industry. In an emailed statement, a Fannie Mae spokesperson wrote that the GSE is continuing to explore ways to improve housing affordability by reducing closing costs.

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Busting VA mortgage loan myths

Housing Wire

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. Who is eligible?

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Marketing Properties in the Current State of the Real Estate Industry

Realty Biz

Here is what you can do when it comes to marketing properties in the current state of the real estate industry. Does it have unique features such as a renovated kitchen or a large backyard? Some common buyer incentives include closing cost assistance, a home warranty, or a free move-in. Be flexible with your closing date.

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‘Flipping Across America’ Reveals How To Save Money Renovating a House

Realtor.com

HGTV Whether a house is big or small, renovations are a lot of work—as the teams on “Flipping Across America” (hosted by Alison Victoria ) learn during their latest flips. In the episode “What You Get for the Money,” Jon Pierre and Mary Tjon-Joe-Pin of “Going for Sold” renovate a large, 2,200-square-foot, three-bedroom home in Houston.

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Win More Listings While Maximizing Your Earning Potential

RIS Media

To make their homes stand out and get top dollar, sellers often tackle pre-listing repairs or renovations.

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Avoid these 6 outdated real estate marketing trends

Real Trends

The real estate industry has radically evolved over the past decade, probably changing more in the past 10 years than it had in the preceding 50. Today, buyers can go online and find a home’s estimated value, see its complete sale history, and calculate their closing costs , all with a few clicks.

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Fannie Mae chair warns against cash-out refinancing

Realty Biz

Housing industry experts have been pretty vocal about the benefits of refinancing a mortgage lately, saying homeowners can benefit from current low interest rates to save potentially hundreds of dollars a month on their loan repayments. Fannie and Freddie also refuse to back cash-out refinance loans for homeowners with less than 20% equity.

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