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Mortgage lenders need to lean in to consumer expectations

Housing Wire

From hybrid appraisals to virtual showings to RON/RIN, the digital mortgage process took center stage over the last year. Phil King is vice president, principal product manager, EXOS Valuations at ServiceLink. if the option was available to them. To contact the author of this story: Phil King at Phillip.King@exostechnology.com.

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Should You Refinance or Sell Your Home?

Windemere Selling

Cash-out refinancing” allows you to accept a mortgage for more than your principal balance and use the extra money at your discretion. Paying for repairs, home inspections, staging expenses, agent commissions, not to mention buying or renting your next home. Refinancing your home could also put cash in your pocket.

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Georgia Sellers: Here’s a Round Up of Your Closing Costs

HomeLight

This total cost includes: Prep costs: $5,238 for pre-listing home improvements such as lawn care, painting, staging, and more. Loan payoff includes the remaining principal and interest owed up until closing. The bond covers the cost of inspections, treatments, and repairs for the length of the contract, typically one to two years.

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What Home Sellers Need to Know about Closing Costs in Kentucky

HomeLight

A prepayment penalty is a percentage on the unpaid principal balance at the time of payoff. If you plan to negotiate your real estate agent’s commission, Terry recommends that you find out what value adds are included in the service and negotiate discounts for anything you might not need, such as staging services. Home repairs.

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What Expenses Are Deductible in Selling a House?

HomeLight

That mortgage interest and property taxes are the main deductions a principal residence has on an annual basis — even in the year of sale.”. However, there are allowable exclusions on the proceeds from the sale of a principal residence, which we’ll address in a minute. “The What deductions apply in the year of a sale? Recording fees.

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10 Hidden Problems in a Living Room You Might Not Spot on Video

Realtor.com

But riddle us this: How can you fully inspect the living room when you’re not even there ? That’s an important question to ask, says Leneiva Head , principal broker/owner of Welcome Home Realty , in Antioch, TN. It’s easy to be distracted by a beautifully staged living room and overlook the finishes.

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Better Homes and Gardens® Real Estate Brokers Identify Potential Trends in Spring Selling Season

Realty Biz

With just one week of inventory, an uptick in seasonal activity is not possible here in Portland,” said Danielle Bade, principal broker and vice president , Better Homes and Gardens Real Estate Realty Partners & Better Homes and Gardens Real Estate Northwest Living. Be willing to waive the inspection. Interest Rates.