Housing Wire

OCTOBER 28, 2021

In 2021, Floify’s software, which streamlines the loan origination process by allowing document sharing, and communication between LOs and real estate agents, has helped over 77,000 mortgage applications close each month, according to Porch. Investors reacted positively to the acquisition, with shares increasing by 12% to $19.93

Mortgages 393

Mortgages Loan Officer Investor Loans 393

Housing Wire

MARCH 1, 2023

Change in uninsured losses As of late, however, the uninsured losses are being absorbed by other stakeholders in the housing finance system, including mortgage lenders, mortgage servicers, private mortgage insurers, government agencies, capital markets investors, and the government-sponsored enterprises.

Industrial 382

Industrial Banks Loans Design 382

Housing Wire

NOVEMBER 4, 2020

The complexities of serving borrowers under the CARES Act require lenders, servicers and investors to partner with a mortgage services provider who has the expertise and national network to provide high-touch support to its clients. Provide tax monitoring and collection on performing and non-performing loans.

Lending 377

Lending Investor Inspection Loans 377

Housing Wire

JUNE 24, 2021

Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets. If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close.

Equity 392

Equity Proof of funds Pre-approval Investor 392

Housing Wire

JANUARY 31, 2021

HousingWire: What is the biggest challenge servicers and real estate investors face this year? Bryan Bellacosa: Anticipating that foreclosure moratoriums will lift sometime during 2021, real estate investors and servicers need to be prepared for an increase in defaulted loans.

VA loan 242

VA loan Investor Title Loans 242

Housing Wire

OCTOBER 9, 2020

It makes for exciting – and uneasy – times for lenders, investors and policy makers, panelists said at HousingWire Annual on Thursday. “This is where the rubber hits the road between the lender, the investor and the policy maker.” “As an investor, you’re looking at all this trying to figure it out,” he said.

Marketing 370

Marketing Banks Investor Technology 370

Housing Wire

APRIL 22, 2024

Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection. There are loan programs available that allow as little as 3.5% Targeting investors and tailoring your real estate prospecting letters to their needs and is very smart.

Brokerage 430

Brokerage Investor Agents Pre-approval 430

HomeLight

MAY 8, 2024

However, “as is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. You’re looking for an agent who doesn’t shy away from listings that need repairs and may also have a strong investor network. increase over the year prior.

As-is 87

As-is Inspection Finance Residential 87

Housing Wire

OCTOBER 14, 2020

Richard Koss of Recursion will set the stage with data on how capital markets participants are driving channel growth with data specific to retail, correspondent and brokered loan volume. We’ll also get a glimpse into the rise of property inspection waivers and potential secondary market impact. Watch the full session below.

Marketing 222

Marketing Inspection Staging Equity 222

Housing Wire

NOVEMBER 22, 2023

As we’re implementing technology, we always try to think of things that are going to improve the experience for all stakeholders: homeowners, real estate agents, investors, rating agencies, appraisers, loan officers, mortgage brokers. Everybody is affected by the appraisal process.

Technology 414

Technology Due diligence Development Loan Officer 414

Easy Agent Pro

FEBRUARY 22, 2022

Gone are the days when it cost buyers a year’s salary to get a loan for buying fixer homes. FHA’s 203(k) program , Fannie Mae’s HomeStyle Renovation Loan and Freddie Mac’s CHOICERenovation loan, for instance, offer one loan to cover the purchase of the home and the renovations required. Investor special.

Inspection 107

Inspection Renovation Loans Agents 107

HomeLight

JANUARY 22, 2024

As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. You’re looking for an agent who doesn’t shy away from listings that need a little TLC and maybe has a strong network of investor connections. increase over the year prior.

As-is 86

As-is Inspection Renovation Equity 86

Housing Wire

FEBRUARY 8, 2022

We service their loans. Servicers, lenders and investors dealt with a tsunami of 7.7 The company serves a $50 billion loan portfolio. Investment firms that purchase mortgage loans in default also face the same challenge. When the pandemic hit, and they put their loan into forbearance, it was quite easy. of the U.S.

Loans 370

Loans Pre-approval Mortgages Principal 370

Realty Biz

FEBRUARY 28, 2023

HUD homes are foreclosed properties with an FHA-backed mortgage taken over by the US Department of Housing and Urban Development after a homeowner defaults on their loan payments. HUD also ensures that HUD home buyers adhere to inspection and other qualification requirements, making HUD properties a safer investment for buyers.

FHA loan 103

FHA loan Closing costs Loans Investor 103

Mashvisor

AUGUST 7, 2021

As a real estate investor, it is important that you go through each one in the most efficient way possible. The process of buying investment properties involves several steps. As…

Investor 74

Investor As-is Inspection Loans 74

HomeLight

DECEMBER 31, 2023

As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. You’re looking for an agent who doesn’t shy away from listings that need a little TLC and maybe has a strong network of investor connections.

As-is 80

As-is Inspection Finance Loans 80

HomeLight

FEBRUARY 15, 2024

This process involves a thorough inspection of the property, including its size, condition, location, and any upgrades or unique features. Get Estimate What is a home appraisal, and how does it work? A home appraisal is an unbiased estimate of a property’s value conducted by a certified appraiser. What is an appraisal gap?

Investor 96

Investor Inspection Sales Mortgages 96

CT Homes

JUNE 4, 2024

During this time, interest continues to accrue, and the deferred payments must be paid back later, often at the end of the forbearance period or added to the loan balance. Cash buyers are typically investors or companies that purchase homes as-is for cash, allowing for a swift transaction. We can close quickly!

Short sale 82

Short sale Equity Inspection Mortgages 82

Marco Santarelli

APRIL 9, 2024

A rental-ready project earns an investor money almost immediately after its purchase. The other reason why investors love turnkey rental deals is the responsibility it take off their shoulders. This too is a factor that attracts a lot of passive real estate investors to rental properties. ” Why so? You may ask.

Due diligence 98

Due diligence Property Management Investor Development 98

Realtor.com

JANUARY 9, 2023

While most homebuyers get loans from traditional lenders like banks, skyrocketing interest rates have spurred a growing number of homebuyers today to search for alternatives. Owner financing is particularly common in lower-priced housing markets and when homebuyers might not qualify for a loan with a traditional lender.

Finance 69

Finance Loans Mortgages Banks 69

Realty Biz

OCTOBER 5, 2022

If the interest rate is likely to go up later (balloon payment or adjustable mortgage), run the numbers for the worst-case scenario before committing to the loan. This is especially true for people who are new to real estate investing or even experienced investors taking on a project type that they have never been involved with before.

Due diligence 95

Due diligence Inspection Investor Residential 95

Realty Biz

JULY 19, 2022

Investors are looking at the current economic situation and anticipating that an even bigger spike in foreclosures is on the horizon. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession. properties with a foreclosure filing.

Purchase and sale agreement 101

Purchase and sale agreement Short sale Loans Inspection 101

Redfin

JUNE 21, 2023

Learn from experienced investors When it comes to real estate investing, there’s no better way to learn than from those already doing it. Learning from experienced investors can vastly build your understanding of how it works, beginning with market research and ending with either the sale or signing a tenant in your new rental.

Due diligence 59

Due diligence Earnest money deposit Investor Inspection 59

HomeLight

JUNE 9, 2023

These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. Until those contingencies are cleared, the house isn’t officially sold.

Home sale contingency 139

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 139

The Close

FEBRUARY 24, 2023

Ah, the home inspection. Because the home inspection can make or break a real estate transaction. If you’ve ever lost a deal thanks to a home inspection, you know the heartbreak. Let’s start with the basic questions most buyers and sellers have regarding the home inspection. Why Do I Need a Home Inspection?

Inspection 94

Inspection Loans As-is Agents 94

Realty Biz

SEPTEMBER 28, 2022

That is a main reason why most lenders require an inspection of the property before they lend the money. That could decrease the loan amount the homeowners can take out to buy the residence. They will then request an inspection. Investors who specialize in larger property deals look nationwide for suitable houses.

Purchase and sale agreement 75

Purchase and sale agreement Inspection Investor Closing costs 75

Realty Biz

NOVEMBER 18, 2021

But don’t mistake a BPO for a home inspection. A professional home inspection is much more thorough about looking for damage and repairs needing to be made. BPOs are also ordered by banks, mortgage loan companies, and asset management companies for several other reasons: Home purchases. Home loan refinances.

Short sale 111

Short sale Inspection Loans Banks 111

CT Homes

AUGUST 24, 2021

Investors removing themselves can occur for a plethora of reasons: market fluctuations, financial changes, or general life and goal adjustments that are natural to occur over time. Successful investors know the importance of developing a solid exit strategy before an investment is ever finalized. Exit Strategy #1: Sell.

Investor 88

Investor Loans Development Equity 88

HomeLight

JULY 25, 2022

While they typically report to people on the other side of the transaction, the appraisal and inspection report generated by these professionals can impact your bottom line. In the December 2021 survey, 19% of buyers waived the inspection contract contingency, down from its height of 27% in July 2021. Request Estimate.

Inspection 90

Inspection Pre-approval Loans Finance 90

CT Homes

OCTOBER 20, 2023

The allure of immediate cash offers, especially from investors or cash buyers. Plus, you eliminate potential issues like loan denials. The absence of lengthy inspections or appraisals further hastens the process. At CT Homes, we don’t mandate a home inspection or appraisal to make our cash-as-is offer.

As-is 74

As-is Renovation Inspection Sales 74

HomeLight

FEBRUARY 29, 2024

Acceptance of this offer leads to a swift closing, bypassing common holdups like loan approvals or home inspections. In Spokane, a variety of reputable house-buying companies and investor groups are ready to pay cash for your home.

Due diligence 108

Due diligence Property Management Inspection Sales 108

Realty Biz

MARCH 6, 2023

Real estate investors specialize in buying houses that require extensive renovations or repairs. Investors buy distressed real estate with cash and usually pay closing costs , fix them, and then sell them at a profit. They avoid the delays and uncertainty of the loan approval process when buying property in this situation.

Investor 80

Investor Inspection Renovation As-is 80

HomeLight

MARCH 13, 2023

Although there are no required disclosures because the property is being sold as-is, there is an inspection period. Nerhood explains: “You’re still going to go through inspection because the buyer wants to know what they’re getting into. I get inspections on big-ticket items like the sewer and the foundation.

Sales 87

Sales Purchase and sale agreement Due diligence Inspection 87

HomeLight

MARCH 18, 2022

By eliminating lender involvement, you open up sales to non-traditional buyers, such as house flippers , buy-and-hold investors , and iBuyers. After all, investors are buying the property for business reasons, so their profit margins are usually top-of-mind. Step 4: Coordinate on lien searches or inspections. Find Agent.

Inspection 95

Inspection Investor Sales Agents 95

Realty Biz

JANUARY 25, 2023

This includes researching the local housing market, inspecting the property, and reviewing the property's financial history. You should also take the time to review any inspection reports, survey reports, and other documents related to the property. Financing Another key factor to consider when acquiring rental properties is financing.

Due diligence 94

Due diligence Hard money loan Property Management Finance 94

HomeLight

AUGUST 31, 2021

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. Though you can (and should!)

Due diligence 74

Due diligence Inspection Pre-approval Pre-qualification 74

Realty Biz

JANUARY 2, 2023

Real estate investors specialize in buying houses that require extensive renovations or repairs. Investors buy distressed real estate with cash and usually pay closing costs , fix them, and then sell them at a profit. They avoid the delays and uncertainty of the loan approval process when buying property in this situation.

Investor 79

Investor Inspection Renovation As-is 79