Housing Wire

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

Agents 408

Agents Seller concession Closing costs Mortgages 408

Real Trends

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

Agents 99

Agents Seller concession Closing costs Mortgages 99

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. HECM volume, inbound inquiries HECM endorsements fell on a per-unit basis by 1.7%, according to RMI , to 2,153 loans for the month of January.

Mortgages 391

Mortgages Seller concession Loans Finance 391

HomeLight

SEPTEMBER 30, 2021

If you’re financing your purchase with a mortgage loan, your new property most likely needs to undergo an appraisal to complete the transaction process. According to California real estate agent Ed Kaminsky , an appraisal is a “verification process” that the market did its job and the market value for your home is accurate.

Pre-approval 95

Pre-approval Seller concession Finance Banks 95

HomeLight

AUGUST 28, 2020

What are points on a mortgage loan, anyway? Many lenders now give you the option to buy down your mortgage interest rate through discount points, saving you money over the life of your home loan. We spoke with John Boyles, Head of Capital Markets at HomeLight, to walk us through the finer points of mortgage points. No points.

Mortgages 90

Mortgages Loan Officer Loans Seller concession 90

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

Redfin

JUNE 28, 2022

The main concern is that having a home on the market longer than a few weeks can indicate to other homebuyers that there may be a problem with the house. Marketing and showing your home. In the face of a strong seller’s market , the prospect of selling for top dollar may be too good to pass up for some. Mistakes to avoid.

Staging 61

Staging Renovation Closing costs Agents 61

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

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. Request Offer Editors note: Opendoor and Offerpad provide an option to list your home on the market. They also estimate 1% in seller concessions if you list with them, but there’s no cancellation fee.

Seller concession 99

Seller concession Inspection Rent back Closing 99

HomeLight

APRIL 14, 2023

Your California dream home has just come on the market, and you’re eager to make an offer. Richie Helali , a licensed senior mortgage advisor at HomeLight Home Loans , says that closing costs are most often paid through wire transfer or certified check, along with the down payment for your home loan.

Closing costs 91

Closing costs Closing Purchase and sale agreement Title 91

Realty Biz

JULY 31, 2023

Improve Your Credit to Lower Your Down Payment All lenders price their loans based on perceived risk. Consider a secured credit card (which holds a little cash as collateral), or a “credit builder loan” (essentially a loan to yourself, held in escrow by the “lender,” who reports your monthly payments as if they’re for a regular loan).

Seller concession 81

Seller concession Closing costs Renovation Equity 81

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 113

Seller concession Staging Inspection Renovation 113

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 108

MLS Seller concession Agents Sales 108

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. Note that you can use the rental income from the other units to help your income qualify for the loan. To cover closing costs, negotiate a seller concession.

Earnest money deposit 86

Earnest money deposit Seller concession Investor Hard money loan 86

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 93

Closing costs Equity Short sale Agents 93

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. Note that you can use the rental income from the other units to help your income qualify for the loan. To cover closing costs, negotiate a seller concession.

Earnest money deposit 126

Earnest money deposit Seller concession Investor Hard money loan 126

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 97

Seller concession Closing costs Renovation Title search 97

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 90

Closing costs Equity Short sale Sales 90

HomeLight

AUGUST 25, 2020

“Or perhaps it is just a seller’s market and selling makes sense, even after a short time.”. Real estate isn’t a get-quick-rich scheme: Although there are some hot markets that might see quick appreciation, in most cases the value rises slowly over a period of years. This type of appreciation is governed by forces in the market.

Principal 68

Principal Equity Seller concession Title 68

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 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

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

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 Louisiana real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 87

MLS Agents Sales Land 87

HomeLight

APRIL 13, 2023

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 previously hot Kansas real estate market and a steep rise in equity added extra incentives to maximize profits.

MLS 87

MLS Agents Sales Mortgage pre-approval letter 87

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 79

Purchase and sale agreement MLS Pre-approval Agents 79

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 78

Purchase and sale agreement MLS Pre-approval Agents 78

HomeLight

OCTOBER 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 Pennsylvania real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 89

Purchase and sale agreement MLS Seller disclosure Agents 89

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 80

Purchase and sale agreement MLS Agents Pre-approval 80

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 91

Agents MLS Closing Home sale contingency 91