Housing Wire

SEPTEMBER 10, 2022

Freddie Mac is unveiling its ninth credit-risk transfer transaction of the year via its Structured Agency Credit Risk (STACR) program — bringing the total note offerings through its two flagship STACR series programs to $12.2 billion so far in 2022. This agency’s most recent credit risk transfer (CRT) offering, STACR 2022-DNA6, involves a $1.165 billion note backed by a reference loan pool of 112,865 residential mortgages with an outstanding principal balance of $35.6 billion, according to

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Principal Loans Investor Residential 448

GeekEstate Agents & Brokers

SEPTEMBER 10, 2022

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Inspectify]. Many lenders won’t offer financing on a home without a satisfactory home inspection, so it’s important for real estate professionals and homeowners to find the right home inspector. . Enter Inspectify: A YC-backed managed marketplace streamlining the home inspection booking process for homeowners, real estate agents, brokerages, and investors by aggregating vet

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Inspection Investor Land Branding 127

Housing Wire

SEPTEMBER 10, 2022

Ben Slayton’s Legacy Home Loans , the largest Black-led mortgage banking firm in the country, has launched a special purpose credit program for prospective Black borrowers in six cities across the country. The SPCP, called “closing the gap,” permits a 1% down payment with a free appraisal, free home warranty program, free homebuying counseling and financial assistance with closing costs.

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Loans Development Closing costs Finance 448

HomeLight

SEPTEMBER 10, 2022

You see homes selling for a lot of money in your neighborhood, and think, “I wonder what the value of my home would be?” In a changing housing market, the sold price depends on many factors, and sometimes you’re not sure where to start in finding the best information about your home. Fortunately, our expert Jesse Allen , from Jeffersonville, Indiana , is a top producing agent who specializes in single-family homes, and knows what determines value.

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Agents Banks Finance As-is 119

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Housing Wire

SEPTEMBER 10, 2022

NEXA Mortgage, the largest mortgage brokerage in the country, this week cut ties with the Association of Independent Mortgage Experts ( AIME ), claiming the trade group fails to address bullying and lacks proper governance. Mike Kortas, the controversial CEO and co-founder who himself is no stranger to starting online scraps, said other community members, including smaller brokers and AIME’s leaders, have attacked him, his company and loan officers on social media.

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Brokerage Loan Officer Loans Mortgages 435

HomeLight

SEPTEMBER 10, 2022

If phrases like “72-hour kick-out clause” make you think, “ I can’t understand legalese,” let’s start with an example of an informal kick-out clause that you can relate to. Say you’re visiting yard sales on a Saturday morning and you come across the perfect wicker patio set, exactly what you’ve been looking for. You offer the owner $200 but explain you don’t have the cash with you and that you need to run by the bank.

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Purchase and sale agreement Home sale contingency Sales Inspection contingency 111

HomeLight

SEPTEMBER 10, 2022

You feel caught between a rock and hard place because you’re selling your home and want to make the right landscaping decisions that fit your budget and desire to attract buyers. If you’re considering using rocks or brick chips for your yard, our experts can make it easier with all the information you’ll need for attracting buyers with your new curb appeal.

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Design Agents As-is Branding 111

Bigger Pockets

SEPTEMBER 10, 2022

As a private lender, I get the following scenario presented to me almost daily. Let’s set the stage. Someone in your network wants to buy an investment property. Their loan […].

Closing costs 100

Closing costs Closing Staging Loans 100

HomeLight

SEPTEMBER 10, 2022

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not for professional tax advice. If you need assistance navigating the tax implications of selling a house within a year of purchase, HomeLight always encourages you to reach out to your own advisor. Six months ago you purchased your new home and just finished unpacking.

Closing costs 111

Closing costs Agents Seller concession Closing 111

Bigger Pockets

SEPTEMBER 10, 2022

Real estate investors are a hard-working bunch. They put in long hours every day to create passive income and find financial freedom. Many investors resort to doing what they hate, […].

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Investor 92

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Realty Biz

SEPTEMBER 10, 2022

The value of being able to view properties online has always been high. Real estate professionals know that property listings with attractive pictures invariably get lots of attention, after all. Even better is when an online listing offers the ability for house hunters to enjoy a “virtual walkthrough” of the property using newer technologies, as this offers an even interactive experience that you can’t get with even the best static pictures.

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Technology Industrial As-is Agents 85

Brownstoner

SEPTEMBER 10, 2022

Live in Norman Mailer’s Former Heights Aerie With Bookcases, Terraces, Views for $8,500 a Month This singular penthouse with sweeping views of New York Harbor and the Statue of Liberty at one time served as Norman Mailer’s writing studio, where he wrote “The Executioner’s Song,” back when he owned the entire… Read More > The post Top 5 Stories on Brownstoner This Week: Designer Showhouse Returns to Brooklyn Heights This Fall appeared first on Brownstoner.

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Design 75

Mashvisor

SEPTEMBER 10, 2022

Colorado is one of the best cities in the US for real estate investment. Discover the best tool to find vacation rentals for sale in Colorado.

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Sales Investor 69

Redfin

SEPTEMBER 10, 2022

Finding the perfect apartment can be overwhelming, especially when there are so many types and styles available to choose from. If you’re searching for a rental in a big city, a high-rise apartment will likely be one of your options. Understanding what a high-rise apartment is will help you decide if this type of apartment is right for you. So whether you’re considering an apartment in Pheonix , New York City , or anywhere in between – let’s break down what a high-rise apartment is,

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Residential Construction Development Banks 66

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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BubbleInfo

SEPTEMBER 10, 2022

I had mentioned in the comments section that I showed a house on Labor Day that was priced at $2,195,000. The temperature was so hot that I literally said to my buyers that no agents would be working on the holiday, let alone writing offers, so we should have an easy path to escrow. We […].

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Agents 59

HomeLight

SEPTEMBER 10, 2022

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal or tax advice. If you need assistance navigating the legalities or tax implications of selling a house to a family member, HomeLight always encourages you to reach out to your own advisor. If your parents are considering selling you their home for $1, then they’re either extremely generous or you’re an incredible negotiator.

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Title Purchase and sale agreement Title search Agents 111