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How to Beat a Contingent Offer on the House You Want

HomeLight

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Get pre-approved for your mortgage loan Securing a mortgage pre-approval is perhaps the most important first step in making a compelling offer. Get Started 1.

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LOs and brokers, are you prepared for an evolving workforce?

Housing Wire

There’s no question that 2022 has seen serious changes to the housing market. In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? Bracing for the challenges of non-QM. Unique loans for unique borrowers.

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Our Top 7 Picks for Pay-at-Closing Lead Sources in 2023

The Close

And in this market, you may be looking to shift your lead generation strategy to account for all the folks choosing to hold off on listing their homes until interest rates cool or the market shifts. Using a company that offers pay-at-closing real estate leads is a great way to adjust and offset costs. Let’s dive in!

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Can the New Bing Chat Assist My Real Estate Business?

Realty Biz

Originating from Microsoft's Bing search engine, Bing Chat is an AI-driven chatbot designed to interact with users in real-time, provide information, answer queries, and assist in various tasks. By the time the lead reaches you, they're pre-qualified, ensuring that you only deal with genuine, interested parties.

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7 Things Sellers Need to Know About FHA Loans When Fielding Offers

HomeLight

Today, FHA loans represent a fair share of the mortgage market; in 2018, the FHA insured 12.1% As a seller, you’re usually not taking on additional risk by accepting an offer from a buyer pre-approved for an FHA loan than you would with a buyer pre-approved for a conventional loan. of all mortgage originations.

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Mastering Mortgage Basics: 10 Key Concepts Every Homebuyer Should Know

Redfin

A mortgage is a loan specifically designed for purchasing a property, commonly a home. Government-backed loans, such as FHA or VA loans, provide more flexible qualification criteria and specific benefits. How does the mortgage pre-approval process work? Mortgage pre-approval is a crucial step in the homebuying process.

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Selling a Home at Auction: Pros, Cons, and How to Get Started

HomeLight

Some sellers are lucky enough to accomplish those objectives by listing their homes on the regular retail market — but when time is of the essence, alternate methods may come into play. Greater competition among buyers, which can lead to a sale price higher than market value. Step 4: Determine the qualification process for bidders.