BAM Media

DECEMBER 19, 2024

Sellers remain confident in their ability to move properties quickly, with 72% expecting to close within 4 months or less. In case the seller refuses, 68% of home buyers say theyll budget for the cost of working with a buyer agent.

Marketing

Housing Wire

JULY 11, 2025

For example, a breakdown of loan options and how they work, or a closing costs worksheet for buyers. Fello cutting-edge AI technology will help you sort your CRM and add crucial information to each contact to determine which leads to target. Fello is an add-on integration to your current CRM that will make optimization easy.

Mortgages

Seattle Times Real Estate

MAY 30, 2025

Faced with a market with fewer potential buyers, some sellers have opted to lower prices or offer sales incentives, such as agreeing to pay for a buyer’s closing costs or other expenses. Nearly 1 in 5 home listings had their price reduced last month, according to Realtor.com.

Mortgages

Seattle Times Real Estate

JUNE 25, 2025

Washington lawmakers created the Covenant Homeownership Program in 2023, offering zero-interest loans to cover down payments and closing costs for certain first-time homebuyers of color who meet income and other requirements. A fee on recorded real estate documents funds the program, which began issuing loans last summer.

Technology

Redfin

JUNE 27, 2025

Pros of a new construction home Modern: Most new construction homes come with modern features like layout, design, and smart home technology. Instead, they’re more likely to offer incentives such as upgraded finishes, assistance with closing costs, or flexible move-in dates – especially if the home is already built or sales are slow.

New Construction

Rochester Real Estate

NOVEMBER 5, 2015

On the positive side, there is no need for expensive repairs or renovations, and cash buyers often cover the closing costs, saving you money in the long run. Reduced Costs: Buying with cash eliminates mortgage-related expenses, such as closing costs, origination fees, and private mortgage insurance (PMI).

As-is

Marco Santarelli

JUNE 11, 2025

Cons: Closing Costs : Borrowers need to be aware that refinancing comes with closing costs that may negate some savings from lower rates. Technological Influences Technology in the real estate and mortgage sectors has improved accessibility and efficiency in securing loans.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

Many of these first time home buyer programs and grants can help cover a large amount of the “closings costs” and/or allow them to finance a higher percentage of the loan (or all of the loan in some cases). There are national, state, and local programs/grants available for a first time home buyer.

Closing costs

HomeLight

JULY 17, 2025

Many modern prefab homes offer energy efficiency and smart home technology features. Average size: 1,200–2,500+ square feet Average bedrooms/bathrooms: 2–4 bedrooms, 2–3 bathrooms A good fit for: Buyers who want a cost-effective, customizable home, often in a suburban or rural area.

Construction

Marco Santarelli

JUNE 15, 2025

There are also genuine, albeit challenging, efforts towards revitalization and building new economic bases, including technology and education (Youngstown State University). Factor in potential rehab costs, closing costs, property taxes, insurance, potential vacancy rates, maintenance budgets, and property management fees.

Investor

The Close

APRIL 3, 2025

of purchase price and 100% of rehab cost Another excellent choice for your next house flip loan is New Silver, which offers loans between $100,000 and $5 million that can be closed in as little as five days. It uses technology and AI to streamline the underwriting process and speed up your funding. 11.25% Covers up to 92.5%

Loans

Redfin

JUNE 17, 2025

Real Estate Term Age Range New Home 0-5 years old Recent Home 6-10 years old Modern Home 10-20 years old Pros of a new home Updated Newer homes generally come with fresh paint, updated appliances, and modern technology that older homes may not have. They could also have green and smart home features like thermostats or solar panels.

Renovation

The Close

JULY 1, 2025

Credit union: Credit unions may offer slightly more competitive rates and terms, along with qualification requirements that more closely mirror the minimums set forth by the FHA. Some brokers do charge for this service, however, and you’ll usually see it reflected in the form of high rates and closing costs.

FHA loan

Seattle Times Real Estate

JULY 4, 2025

Here’s who qualifies For example, homeowners who live in a newly rezoned area may be bombarded with letters from investors or builders offering to make it easy to sell, by saving them money on closing costs, and selling as is.

Construction

Seattle Times Real Estate

JUNE 9, 2025

By the numbers: The program offers buyers loans for up to 20% of the cost of the home, up to $150,000, plus closing costs. Advertising America’s economic system “wasn’t really built for us,” she said, “but it was built on our backs.”

Loans

HomeLight

JUNE 25, 2025

One of the best ways to accomplish this is with home automation technology. Covering closing costs or prepaying HOA fees are appealing ways to reduce a buyer’s upfront expenses. With the right timing, your home will attract more motivated and serious buyers.

Closing

Inman

JULY 11, 2025

Title insurers wanted to put the brakes on a pilot program that uses automated title reviews to allow some homeowners to refinance their mortgage without having to pay for title insurance.

Title

Housing Wire

AUGUST 1, 2024

The Community Home Lenders of America (CHLA) on Thursday issued a comment letter to the Consumer Financial Protection Bureau (CFPB), saying that a major reason for the increase in mortgage closing costs from third parties is due to a lack of competition among third-party providers.

Closing costs

Housing Wire

MAY 9, 2022

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. How to avoid home closing delays in 2022.

Closing costs

Housing Wire

SEPTEMBER 9, 2024

“We really think closing costs can be a significant obstacle to refinancing,” Chopra said at an AI and technology conference jointly hosted by ICE Mortgage Technology and the National Housing Conference at the New York Stock Exchange on Monday. At least when it comes to redundancies with refinancings, that is.

Mortgages

Housing Wire

FEBRUARY 28, 2024

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. They will also be offered closing cost credits of up to 0.5% The program is only eligible for loans that close through Newrez.

Closing costs

Housing Wire

NOVEMBER 3, 2023

That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey. Loan must close to be eligible for reimbursement of credit toward closing costs at closing.

Closing costs

Housing Wire

OCTOBER 22, 2024

Mortgage technology company Uplist has launched what it says is a killer new tool that will help loan officers automatically generate refinance options for their clients. The tool also does modeling of potential savings for homeowners by analyzing various interest rates , closing costs and repayment options.

Loan Officer

Housing Wire

MARCH 20, 2024

The upfront lump sum can be applied toward a down payment, closing costs or other expenses related to the homebuying process. Ally Home , the residential mortgage lending arm of Ally Bank , is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday.

Banks

Housing Wire

MARCH 9, 2023

We know that closing costs continue to be a barrier for homebuyers – especially among underserved populations and first-time homebuyers,” a Fannie Mae spokesperson wrote in an email. “We One of the goals they outlined in those plans is a push to reduce closing costs, especially for low-income borrowers. trillion in U.S.

Title

Housing Wire

FEBRUARY 5, 2021

HW Media CEO Clayton Collins and Scott Happ, president of Secondary Marketing Technologies at Black Knight, discuss Black Knight’s acquisition of Optimal Blue and what the industry can expect from the company’s new Secondary Marketing Technologies division. How lenders will benefit from Black Knight’s acquisition of Optimal Blue.

Loan Officer

Housing Wire

AUGUST 17, 2022

Seller concessions, which are closing costs the seller agrees to pay, are deposited as the lump sum into the buydown account. Staying nimble in a fast-paced market with the right mortgage technology. Advanced product, pricing and eligibility technology creates efficiencies and helps lenders compete in a fast-paced market.

Seller concession

Housing Wire

AUGUST 1, 2021

Black Knight is committed to helping all stakeholders involved in a real estate transaction move closer to a secure, paperless closing environment, while shortening the closing timeline to effectively reduce closing costs. The technology is easy to learn, cost-effective, and is fast to implement,” said Gagliano.

Closing

Housing Wire

AUGUST 14, 2023

One of the goals they outlined in those plans is a push to reduce closing costs, especially for low-income borrowers. Based on those plans, both GSEs are pushing pilot programs promoting the use of attorney opinion letters, reportedly as an alternative to reduce closing costs.”

Title

Housing Wire

MARCH 28, 2022

commercial spaces/building and residential homes/townhomes) and inconsistent transactional processes, fragmentation in the market has prevented real-estate from adopting technology as quickly as other sectors – until now. So, what are the technologies and trends iBuyers are using to fix fragmentation in the market?

Marketing

Housing Wire

APRIL 18, 2023

However, it still appears that lenders are focusing their technology investments on the point of sale. A 2020 ICE Mortgage Technology survey confirmed this, reporting that 58% of borrowers were affected in their decision making by the presence (or lack thereof) of an online application. This comes as no surprise.

Mortgages

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. What’s the difference between a home inspection and an appraisal?

Inspection

Housing Wire

DECEMBER 26, 2022

For the past several years, the FBI says BEC has consistently been the largest dollar loss by victims’ crime typology reported to the IC3, as “criminals have been refining their exploitation of technology, especially the internet, to carry out financial crimes.”

Title

Housing Wire

NOVEMBER 9, 2023

An implementation guide released in May 2022 shows that phase three deals with information related to loan costs; other costs; total closing costs; and lender credits. The GSEs are actively preparing for the next phase of UCD critical edits, phase four.

Loans

Housing Wire

MAY 23, 2022

Technology equals efficiency. A lot of lenders haven’t spent much money on technology for home equity processes. They’re still using legacy in-house technology for their loan origination system and their processes simply aren’t efficient. That way, they can control their own closing timeline.

Equity

Housing Wire

NOVEMBER 13, 2023

Any person involved in selling a home knows that you cannot increase the price of your home randomly to cover the cost of commissions and other closing costs. The market sets the price of the home, and it cares little for closing costs — or what the homeowner invested in it — when determining the price for which it will sell.

Closing costs

Housing Wire

MAY 12, 2022

Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack. We’re not cavepeople.

Lending