Marketing Mortgages Pre-approval Seller concession 
HomeLight
FEBRUARY 16, 2024
From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Get pre-approved for your mortgage loan Securing a mortgage pre-approval is perhaps the most important first step in making a compelling offer.
Housing Wire
JUNE 6, 2023
and home prices still near record highs, homebuyers are demanding that their loan officers provide options to lower monthly mortgage payments as much as possible. Barnes, a branch manager at Mann Mortgage , recently had a client who planned to live in a new home for five years before selling it. With rates around 6.9% versus a 6.5%
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The Close
FEBRUARY 20, 2024
In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. Sure, certain seasons might have more foot traffic than others, but the housing market could vary drastically from neighborhood to neighborhood.
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.
Housing Wire
JANUARY 13, 2023
Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Lower production volume means cutting staff and restructuring to better focus on the purchase market, Cohen said.
The Close
FEBRUARY 6, 2024
That may sound like a lot to add, but when your buyers roll it into their mortgage, it should not change their monthly payment so much that it prevents them from qualifying for their loan. Also, understand the difference between a prequalifying and a pre-approval letter.
Windemere Buying
JUNE 22, 2022
In return, the seller agrees to take the home off the market. Getting the home inspected allows you to ask the seller that certain repairs be made, request seller concessions, and renegotiate your offer. Contact your mortgage lender to relay the final details of the purchase so you can go about securing financing.
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