Housing Wire

JUNE 24, 2025

Rocket Mortgage , the home lending arm of Rocket Companies , announced Tuesday it will now offer bridge loans , a short-term financing option that helps homeowners tap into their equity while selling their current property. Some buyers can’t compete without first selling, missing opportunities to purchase a home. Rocket originated $21.5

Loans

Housing Wire

JUNE 13, 2025

Private equity giant Blackstone conducted the Stearns Lending bankruptcy process after acquiring a majority stake in parent company Stearns Holdings in 2015. To manage those vendor costs, AnnieMac is increasingly pursuing long-term agreements that allow for pricing adjustments if business volumes drop for more than a quarter.

Mortgages

Housing Wire

MAY 13, 2025

The company was recently able to restructure $530 million in convertible debt with SoftBank s SB Northstar , improving the company’s balance sheet by $200 million in pretax equity value. In the second quarter, it signed an agreement with a bank to power its entire mortgage operation.

Purchase and sale agreement

The Close

JANUARY 16, 2025

A rent to own home is a type of real estate investment when a tenant purchases the property theyre renting after a specific time. In this kind of deal, part of what the tenant pays in rent goes towards building equity in the home, or the owner credits it toward the purchase price.

Purchase and sale agreement

The Close

NOVEMBER 7, 2024

Have a clear investment strategy and long-term goals before purchasing. Next, draft an operating agreement that outlines your company’s purpose, structure, and governance. Tax liens and auctions: Search for tax lien sales and foreclosure auctions. Stay updated on local and national real estate trends and regulations.

Hard money loan

The Close

NOVEMBER 25, 2024

In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability. Purchasing a multifamily property is an excellent way for investors to generate steady income.

Purchase and sale agreement

Marco Santarelli

NOVEMBER 23, 2024

Conducting due diligence is essential before committing to a purchase. Cons: Time-consuming: It can take time to accumulate enough profits to purchase another property. It involves buying a property, renovating it, renting it out, refinancing it to pull out equity, and repeating the process with the profits.

Hard money loan

Redfin

JULY 17, 2025

However, the IRS may scrutinize the sale, especially if it’s below market value. To avoid tax issues, document the sale properly, follow fair market pricing, and treat the process like a typical real estate transaction. This ensures the sale is priced appropriately and helps prevent tax issues related to under-market transfers.

Purchase and sale agreement

Redfin

MARCH 4, 2025

15 documents to have before listing your home Collect paperwork that highlights your homes selling points for an accurate pricing strategy, additional documentation to pass on to the new owners and other real estate forms required for the sale. Particularly youll need the original purchase agreement and deed.

Purchase and sale agreement

HomeLight

OCTOBER 31, 2024

Sell Your Inherited Home Quickly For Cash Request a no-obligation cash offer from HomeLight’s Simple Sale platform and receive a purchase quote in 24 hours. Each category includes specific documents to verify your authority and ensure a smooth sale process.

Purchase and sale agreement

Redfin

JULY 30, 2025

Key takeaways: A cash offer on a house means the buyer pays the full purchase price upfront without relying on mortgage financing. A cash offer simply refers to a situation where a buyer pays the entire purchase price upfront, without using a mortgage or other loan. Both parties sign closing documents, finalizing the sale.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

Joseph statue, having an auction, establishing a rent-to-own agreement, hosting an open house party, and hiring a discount broker. In my experience as a Rochester Realtor, having the home sale basics down first is essential. Joseph, the family and home patron saint, will help make a quick and successful sale. Joseph Statue 1.

Purchase and sale agreement

HomeLight

MARCH 24, 2025

Sell Your Inherited West Virginia Home Quickly For Cash Request a no-obligation cash offer from HomeLight’s Simple Sale platform and receive a purchase quote in 24 hours. Be certain you understand the homes financial obligations before you proceed with the sale. Request Offer 1.

Purchase and sale agreement

Redfin

JUNE 9, 2025

Because lenders base loan amounts on the appraisal—not the purchase price— buyers are typically responsible for covering this difference out-of-pocket. Prices increasing fast: Prices rise quickly in hot markets but appraisals rely on older sales data that may not reflect the latest trends.

Purchase and sale agreement

Redfin

JUNE 17, 2025

It can help you save on agent fees, offer the possibility of a gift of equity, and reduce or eliminate your down payment. Gift of equity : A home must be sold at fair market value , but your family member can offer a gift of equity to make it affordable. On a $400,000 sale, that could mean saving about $20,000 in closing costs.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

Rent-to-own homes are a type of housing that allows people to rent a home and then potentially purchase it at some point in the future. Some of the common reasons a potential buyer may not be able to purchase just yet include not having good enough credit or lacking a down payment. The tenant and landlord will agree on a monthly rent.

Purchase and sale agreement

The Mortgage Report

JULY 22, 2025

A mortgage is a legal agreement between the lender and all borrowers. Unequal financial contributions: Alex and Leah purchased a condo while they were still dating. The proceeds can be divided according to your ownership agreement. Things to consider: You’ll need everyone on the title to agree to the sale.

FHA 203k rehab loan

AAOA

MAY 8, 2025

Refinance to access equity for renovations, secure better loan terms, and maximize cash flow. While selling in its current state may result in a lower sale price compared to a renovated property, it can expedite the selling process and eliminate the need to oversee renovations.

Property Management

AAOA

MAY 22, 2025

Understanding What Youre Really Buying When youre buying an apartment building , youre not just purchasing property, youre acquiring a business. You need to lookthe potential to optimize operations, increase cash flow, and build equity through forced appreciation. Purchase Price Apartment complexes vary widely in price.

Due diligence

Rochester Real Estate

NOVEMBER 5, 2015

On the other hand, when you’re selling, you want your home to appraise for the agreed-upon sales price. In hot real estate markets characterized by low inventory levels of homes for sale, it is not unusual to have bidding wars on many properties. It is one of the reasons many home sellers love cash sales.

Purchase and sale agreement

Redfin

JULY 31, 2025

Fannie Mae’s HomePath Ready Buyer Program : This offers up to 3% in closing cost assistance when purchasing a HomePath property and completing a homeownership course. Avoid new credit: Don’t open new credit accounts or make large purchases before applying for a mortgage. These typically range between 2-5% of the home’s purchase price.

Purchase and sale agreement

Redfin

JUNE 10, 2025

Mortgage lenders typically base their financing on the appraised value or the purchase price , whichever is lower, directly impacting the loan amount. Limited comparable sales (comps): Appraisers rely on recent sales of similar homes in the area. Negotiate the purchase price: This is often the most common resolution.

Purchase and sale agreement

Redfin

JANUARY 28, 2025

Instead of applying for a new home loan with todays mortgage rates and terms, the buyer steps into the seller’s position as the borrower and continues making payments under the original loan agreement. This is typically reflected in the sale price of the property.

Loans

AAOA

APRIL 28, 2025

In a multi-family 1031 exchange, the investor sells a multi-family property and uses the proceeds to purchase another like-kind multi-family property. By doing so, the capital gains taxes that would typically be incurred from the sale are deferred, enabling investors to allocate more funds towards the new property investment.

Purchase and sale agreement

Redfin

JUNE 17, 2025

One person may stay in the home while both parties share ownership and costs, often with an agreement to sell at a later date. Deciding who gets the home depends on a few key factors: whether the house is considered marital or separate property, what your state laws say, and whether you have a prenuptial or postnuptial agreement in place.

Purchase and sale agreement

Redfin

JULY 1, 2025

Whether you’re co-purchasing a townhome in Seattle, WA or a house in Boston, MA , joint mortgages allow you to split a loan with someone else to help make homeownership more affordable. This type of arrangement allows co-borrowers to combine their income and credit profiles, which can help with loan approval or boost purchasing power.

Debt-to-income ratio

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles How To Set A Home Renovation Budget Kyle Hiscock Kyle Hiscock | Greater Rochester NY Real Estate | Pittsford NY Realtor at RE/MAX Realty Group Have questions about buying or selling a home?

Renovation

Redfin

JULY 28, 2025

Ownership: Owned systems generally increase home value because buyers take over a fully paid asset, while leased systems or power purchase agreements (PPAs) may complicate sales or reduce the premium since the new owner inherits the contract. >>Discover: Selling a House with Solar Panels: Will it Make or Break the Sale?

Purchase and sale agreement

Redfin

JULY 3, 2025

Waiting until your divorce is finalized can help prevent legal or financial complications during your purchase, ensuring a smoother path to closing. However, buying sooner may help you settle into a stable living situation and start building equity instead of paying rent. Should you rent first?

Debt-to-income ratio

Toronto Realty Blog

APRIL 3, 2025

Back in 2004, you could purchase a pre-construction condo with 5-10% down. 2) His “plan” was to make the first payment or two and then assign the purchase agreement before the other payments were due. But this isn’t like your private equity investment in Europe that was invested in through your wealth manager.

Construction

Marco Santarelli

APRIL 5, 2025

Refinance Rates : Similar to purchase rates; 30-year refinance averages are about 6.49%. The average 30-year refinance rate stands at 6.49% , obtaining favorable rates for existing homeowners looking to reduce their monthly payments or tap into equity. Current 15-Year Fixed Rate : Around 5.80% , consistent with previous months.

Mortgages

Seattle Times Real Estate

MAY 11, 2025

Co-homeownership is a housing model where multiple people share ownership equity of a property. Before buying the home, the two signed a written agreement outlining how they would handle various issues that might arise. The development sold out quickly; the sale of the last unit is currently pending. “It’s million and $1.8

Equity

Redfin

JUNE 10, 2025

Clear communication, careful planning, and written legal agreements are crucial to avoid financial issues and relationship strain. Friends don’t have automatic legal protections like spouses, so it’s important to create clear, written agreements to help define everyone’s rights and responsibilities and prevent future disputes.

Purchase and sale agreement

Redfin

JULY 17, 2025

Sign a cohabitation property agreement A cohabitation property agreement is a legal document that outlines how you’ll handle ownership and responsibilities as unmarried co-owners. Ask for recommendations from your lender, real estate agent , or friends who’ve purchased property together.

Purchase and sale agreement

Toronto Realty Blog

MAY 26, 2025

.” I wrote about how this would become a topic of greater importance in 2025, and while we’re not directly talking about this today, all the fervour about home prices in the media last week seems to suggest that everybody in the country should be able to afford to purchase the home that they want.

Purchase and sale agreement

Housing Wire

MAY 13, 2024

Residential sale-leaseback platform EasyKnock has acquired the assets of home equity investment firm HomePace , the company exclusively told HousingWire on Monday. HomePace, founded in 2020, specializes in helping homeowners access their equity through home equity agreements. Meanwhile, more than 9 million U.S.

Equity

Housing Wire

JANUARY 11, 2022

Redfin announced Tuesday layoffs of 121 employees as it shakes up its mortgage department, including purchasing a lending company. The real estate company entered into an agreement to acquire mortgage lender Bay Equity Home Loans for $135 million, two-thirds in cash and one-third in stocks, Redfin said in a press release and public filing.

Equity