Housing Wire

FEBRUARY 2, 2024

With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off with a bit of a whimper. to 106 loans), Finance of America Reverse (up 17.7% to 592 loans) and Longbridge Financial (up 7% to 258).

Mortgages 359

Mortgages Seller concession Loans Finance 359

HomeLight

OCTOBER 30, 2020

If you list too late in the foreclosure process, you won’t have time to prep the house, and you’ll have to list at a lower than market value price just to get it to sell in time to beat the foreclosure clock. Get your house on the market so you have the time to sell at a fair price.”. You’re not alone in facing foreclosure.

Short sale 104

Short sale Banks Equity Mortgages 104

HomeLight

MAY 3, 2023

But in focusing on the equity portion, people are often surprised to learn how much it costs to sell a house in the U.S. Using recent sales records, market trends, and your home’s latest selling price, HomeLight’s Home Value Estimator provides a preliminary range of value for your property in under two minutes.

Seller concession 109

Seller concession Purchase and sale agreement Inspection Title 109

HomeLight

AUGUST 28, 2020

We spoke with John Boyles, Head of Capital Markets at HomeLight, to walk us through the finer points of mortgage points. That extra MI cost could override any savings you’d see from discount points — at least until you hit 20% equity on your home, and get rid of your MI payments. Here’s what you need to know. What are discount points?

Mortgages 91

Mortgages Loan Officer Loans Seller concession 91

Realty Biz

JULY 31, 2023

The idea is that you create enough equity when you renovate the property to then take a cash-out refinance once renovations are finished. Fortunately, you can pay for all materials using your credit cards, to finance them. And many contractors nowadays accept credit cards as well, allowing you to finance labor costs with plastic too.

Seller concession 97

Seller concession Closing costs Renovation Equity 97

HomeLight

APRIL 14, 2023

Your California dream home has just come on the market, and you’re eager to make an offer. Other closing costs generally incurred by California home sellers include transfer taxes , property taxes, and mortgage loan payoff. So if you’ve got enough equity in your home, you won’t have to worry about coming up with cash at closing.

Closing costs 92

Closing costs Closing Purchase and sale agreement Title 92

HomeLight

DECEMBER 2, 2021

In this guide, we dive deep into what costs sellers should expect to pay. Keep in mind that fees may vary widely based on your location, market conditions, and whether your home requires repairs before selling. We detail what costs you’re likely to incur and what sellers pay on average. Cost to seller. Seller concessions.

Seller concession 114

Seller concession Staging Inspection Renovation 114

Realty Biz

SEPTEMBER 4, 2023

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. Either way, you get to use owner-occupied financing, which means a down payment as low as 3%. To cover closing costs, negotiate a seller concession.

Earnest money deposit 105

Earnest money deposit Seller concession Investor Hard money loan 105

HomeLight

JUNE 29, 2022

Comps give you a range for its “ market value ,” which you can then add or subtract from based on your home’s unique characteristics and features. Comps sold within the last 60 days are preferable because their sale price reflects current market conditions. What factors are used when finding comps?

MLS 109

MLS Seller concession Agents Sales 109

HomeLight

JULY 12, 2022

Properties typically remained on the market for 16 days, and nearly 90% of homes sold were on the market for less than 30 days. Even though interest rates are rising, inventory is low in many markets. So, the seller’s market is holding, but cooling. from the prior month and 8.6% from one year ago. Get Estimate.

Seller concession 98

Seller concession Closing costs Renovation Title search 98

Realty Biz

MAY 24, 2021

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. Either way, you get to use owner-occupied financing, which means a down payment as low as 3%. To cover closing costs, negotiate a seller concession.

Earnest money deposit 128

Earnest money deposit Seller concession Investor Hard money loan 128

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Primary reasons for this include lack of equity accumulated in the home and insufficient appreciation – an increase in property value. Get Estimate.

Closing costs 94

Closing costs Equity Short sale Agents 94

HomeLight

JULY 25, 2022

You can sell a home whenever you want, but expect financial consequences if you have little equity in it. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. or “Can I sell a home after owning it for one year?”.

Closing costs 91

Closing costs Equity Short sale Sales 91

HomeLight

AUGUST 25, 2020

If you want to, you could sell your house immediately after the paperwork says it is officially yours,” says Kimberly Porter, CEO of Microcredit Summit , a top personal finance publication. Or perhaps it is just a seller’s market and selling makes sense, even after a short time.”. Seller concessions (2% – 6%).

Principal 69

Principal Equity Seller concession Title 69

HomeLight

APRIL 14, 2023

If you need to sell your house fast in Miami, whether you’ve inherited a property, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. The company has 4.6

Sales 85

Sales Due diligence Agents Closing 85

HomeLight

SEPTEMBER 10, 2022

Of course, the biggest question on your mind is: Has the housing market held strong enough to actually see your home appreciate in value so you won’t lose money? According to Wiggs, even the active New York market has cooled down since last year. Our market is shifting a little bit, right? Get Estimate.

Closing costs 94

Closing costs Agents Seller concession Closing 94

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 80

Purchase and sale agreement MLS Pre-approval Agents 80

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 79

Purchase and sale agreement MLS Pre-approval Agents 79

HomeLight

NOVEMBER 23, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot West Virginia real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 84

MLS Agents Sales Closing 84

HomeLight

SEPTEMBER 30, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Wisconsin real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 82

Purchase and sale agreement MLS Agents Inspection 82

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Oregon real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 86

MLS Agents Sales Inspection 86

HomeLight

NOVEMBER 14, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot New York real estate market and a steep rise in equity added extra incentives to maximize profits.

Purchase and sale agreement 81

Purchase and sale agreement MLS Agents Pre-approval 81

HomeLight

APRIL 29, 2022

Online real estate companies are great tools for sellers because of their convenience. As a seller, you will be able to find a top agent, market your home’s amenities, provide photos, and give valuable information about your property to a large audience of potential buyers. What does HomeLight offer home sellers?

Agents 92

Agents MLS Closing Home sale contingency 92

HomeLight

OCTOBER 20, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Indiana real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 84

MLS Agents Mortgage pre-approval letter Sales 84