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How will federal job losses impact mortgage servicing?

Housing Wire

Bright MLS reported that new listings in D.C. and 3.6%, respectively, for the six Mid-Atlantic region states covered by the MLS. It is likely that the federal workforce changes will have an impact on the regions housing market, Bright MLS chief economist Lisa Sturtevant wrote. at the end of 2024.

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13 Short Sale Tips So You Get a Dream Deal, Not a Nightmare Scenario

HomeLight

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

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Selling a House ‘As Is’ in North Carolina

HomeLight

MLS has field to mark a listing “as is”? Schaus does business in the area of Fort Bragg, which means that Department of Veterans Affairs home loans ( VA loans ) are used very often by buyers. Say they got an offer for $135,000 cash, but also a VA loan offer for $135,000. Disclosures.

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Selling a House ‘As Is’ in Minnesota

HomeLight

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement. Yes Is a real estate attorney required?

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Selling a House ‘As Is’ in Indiana

HomeLight

Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. MLS has field to mark a listing “as is”? When you place your home on the market, it’s 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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How Do You Sell a House As-is? Everything Agents Need to Know

The Close

Notably, falling below MPR standards could be a deal breaker for some homebuyer programs, such as a Federal Housing Authority (FHA) loan or VA loan. A seller also may sell a home as-is at full market value, even if the repairs are minor, if they’re underwater on their mortgage, or if it is a short sale.

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Selling a House ‘As Is’ in Washington State

HomeLight

MLS has field to mark a listing “as is”? Not in Northwest MLS, the largest MLS in the region ; agents instead will include “as is” in the property notes. Because the MLS limits how many photos he can post, Graham says he’ll provide a Dropbox link to additional pictures for interested buyers. Disclosures.