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Down payments drop for the first time in nearly 2 years

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock By the Numbers Down payments drop for the first time in nearly 2 years A new Redfin report suggests homebuyers may be seeking less expensive homes as ongoing economic concerns add pressure to large purchase decisions. Redfin found that 15.3%

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How will first-time buyers fare if sellers can’t offer buyer agent compensation?

Housing Wire

It explicitly allows for such offers to be made off-MLS, however. If sellers cannot notify buyers about offers off-MLS, many buyers will not have the information they need to determine whether a home purchase is financially feasible. Rolling the fees into the mortgage” leaves the buyer with a higher interest rate.

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20% down? How to help buyers who don’t know that’s a myth

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock Agents 20% down? Most first-time buyers (69%) rely on savings to fund their down payments, and 1 in 4 use gifts or loans from family members or friends. Where is the money coming from? Write to Meghan Roos.

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Evergreen topics might include: how to prepare to list your house, everything your client needs to know about VA loans; or which home improvements yield the best financial return in a home sale. Youll want some evergreen content you can pull from for your real estate newsletters.

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Assumable Mortgages: What to Know Before Taking Over a Home Loan

Redfin

Assumable mortgages offer a unique alternative, allowing buyers to take over the sellers existing loan – potentially locking in a lower interest rate and saving money over time. From evaluating the loan terms to understanding the hidden costs, assuming a mortgage isn’t a decision to take lightly.

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Selling a House ‘As Is’ in Vermont

HomeLight

MLS has a field to mark a listing as is? Be aware of minimum property standards for certain loans When you place your home on the market, its hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan.

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Selling a House ‘As Is’ in Minneapolis

HomeLight

Fast facts about selling a house ‘as is’ in Minneapolis Median sales price in Minneapolis $408,000 Average days on market (DOM) for Minneapolis 28 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement MLS has a field to mark a listing “as is”?