Sat.Sep 10, 2022

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Legacy Home Loans launches SPCP for Black borrowers

Housing Wire

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.

Loans 417
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A Home Inspector Marketplace

GeekEstate Agents & Brokers

[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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Luxury Real Estate Headlines: Second Week in September 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Amelia Island, Florida | ONE Sotheby’s International Realty. Reminiscent of a villa on the Amalfi Coast this Amelia Island oceanfront home embodies the most desirable attributes of a quintessential Mediterranean estate. Mediterranean-Style Villa Looks Directly on the Ocean in Amelia Island, Florida – Mansion Global.

Land 105
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Matterport Pro3 Ups the Ante on Virtual Walkthroughs

Realty Biz

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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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Gap Funding: Is Covering Closing Costs Riskier Than You Think?

Bigger Pockets

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 […].

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Top 5 Stories on Brownstoner This Week: Designer Showhouse Returns to Brooklyn Heights This Fall

Brownstoner

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.

Design 70

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Transparency is Appreciated

BubbleInfo

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 […].

Agents 59
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The Best Way to Find Vacation Rentals for Sale in Colorado

Mashvisor

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.

Sales 69
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NEXA, the country’s biggest brokerage, cuts ties with AIME

Housing Wire

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.

Brokerage 407
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Brick Chips for Landscaping Can Boost Your Curb Appeal

HomeLight

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.

Design 91
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Freddie Mac launches 9th STACR series offering in 2022

Housing Wire

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

Principal 417
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Can My Parents Sell Me Their House For a Dollar?

HomeLight

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.

Title 93
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Pros and Cons of Living in a High-Rise Apartment and What to Consider Before Moving In

Redfin

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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What is a 72-Hour Kick Out Clause And How Does It Work In a Home Sale?

HomeLight

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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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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How Can I Estimate What My Property Is Worth?

HomeLight

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.

Agents 107
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What to Expect When Selling a House Within a Year of Purchase?

HomeLight

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.