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Credit Plus integrates with LendingWise

Housing Wire

Business credit report provider Credit Plus announced last week it has integrated with LendingWise , an LOS-software platform serving commercial lending. The move establishes Credit Plus in the commercial and private money lending spaces. “In Download this case study to find out about the integration process and the results it yielded.

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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

Whether it's residential, commercial, or investment properties, working with an agent with expertise in your desired area can be highly beneficial. With pre-approval, you'll receive a conditional commitment from the lender, stating the maximum loan amount for which you are approved.

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Navigating Real Estate Investments in a Correcting Housing Market

Realty Biz

Focus on Income-Producing Properties In times of market correction, income-generating properties such as multifamily units and commercial real estate tend to fare better than speculative residential investments. Low leverage and favorable loan terms can cushion during tough economic times. Be cautious with your financing decisions.

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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

The seller can get creative with a balloon loan that is amortized across 30 years but is due in full in five to seven years. Luxury listings have a smaller buyer pool, so they inherently have a longer sales timeline. Commercial real estate and raw land also can take longer to sell than residential real estate. Would that help?

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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

An appraisal contingency allows a buyer to walk away from a sale if after an appraisal is completed if the value of the home is found to be less than the purchase price. You’ll likely need this type of contingency even if you’ve been preapproved for a mortgage as that process does not guarantee that you’ll get a loan.

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12 profitable real estate niches to explore now

Real Trends

Agents might want to focus on wealthy buyers or investors in private property or commercial real estate with or without investment property loans. Situational Situational real estate transactions occur outside of “normal ” sales. These might include short sales, relocation sales or sales of an inherited home.

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Government Websites, Real Estate Agents, A Drive around the Block, And More Ways to Find REO Homes in Your Area

HomeLight

Some of these sites also include multi-family housing, land, and commercial real estate. Fannie Mae and Freddie Mac are government-sponsored enterprises that buy loans from banks, sometimes holding onto them, and sometimes repackaging them in mortgage securities and selling those on the secondary market.

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