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Agent commission lawsuits cast long shadow over VA, FHA borrowers

Housing Wire

VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance. These clients are typically low on funds, which is why they need this type of financing. It would be a disaster for FHA and VA homebuyers,” Evan Potter, branch production manager at Revolution Mortgage.

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How Are Pre-Construction Sales This Fall?

Toronto Realty Blog

What does it mean when the real estate market is slow, prices have declined, pre-construction sales and prices are even more sluggish, and yet some pre-construction condominium developers in the midtown area are currently charging up to $2,000 per square foot? ” Or maybe these developers know something I don’t.

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Ask RK: 3 strategies to create a tax-deductible mortgage in Canada

Zolo

Q: A reader wants to know if there is any way to convert a principal residence mortgage into tax-deductible debt. . Property A is our principal residence; property B is an investment property. The plan is to take out a mortgage on property C and move into this property as our new principal residence.

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Real Estate Mortgage Notes: Investing For Higher Returns in 2021

Marco Santarelli

If you are experienced enough, you can potentially find and purchase your own mortgage notes. . On the courthouse steps, this property will be auctioned for sale. As long as you comply with the timing and the noticing, then that sale goes through. Notes are available through note exchanges, note brokers, and organizations.

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How to Apply For a First-Time Home Buyers Loan: Simplifying the Process Into 8 Doable Steps

HomeLight

Source: (LinkedIn Sales Solutions / Unsplash). Second mortgages : These are loans you can take out to subsidize the down payment in addition to taking out a principal mortgage. Mark Moskowitz is a top-selling agent in the Agoura Hills area of Los Angeles, where he completes 17% more sales than the average agent.

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The CCIM Designation: Is It Worth It for Residential Agents in 2020?

The Close

Second, you must substantiate your commercial real estate experience by providing evidence of your years of experience working in the commercial real estate industry or personal transactions where you were the principal. Qualifying activities are: Commercial real estate exchange/acquisitions/sales. Commercial real estate development.

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What Causes Pre-Construction Condo Cancellations?

Toronto Realty Blog

I see the failed 2007 development called “Giraffe Condos.” ” This project wasn’t economically viable because the city of Toronto wanted 10-storeys but the developer wanted 27-storeys. So why not start taking deposits on an empty site when you don’t even have an agreement with the city on what to build?