Keeping Current Matters

NOVEMBER 17, 2020

However, one challenge for the housing industry heading into this winter is the dwindling number of homes available for sale. According to NAR : “Months’ supply refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.”. Be patient during your home search.

Sales 267

Sales Pre-approval Industrial Mortgages 267

Housing Wire

FEBRUARY 23, 2023

LenderLogix, a provider of mortgage automation software and application programming interfaces (APIs), has launched LiteSpeed, a white-label streamlined point-of-sale (POS) system that serves small- to mid-sized mortgage lenders. The company was featured in HousingWire’s Tech 100 in 2022.

Pre-approval 380

Pre-approval Loans Closing costs Mortgages 380

Housing Wire

FEBRUARY 1, 2023

Opportunity for buyers For buyers looking at a growing number of homes for sale and retreating prices across the housing market, there is hope that this year will offer more opportunities. Existing home sales declined over the past 12 months, dropping from an annualized rate of 6.5 That marks the slowest pace since 2010.

Pre-approval 397

Pre-approval Mortgages Banks Investor 397

Housing Wire

MARCH 29, 2023

“Purchase applications remain over 30% behind last year’s pace, but recent increases, along with data from other sources showing an uptick in home sales, is a welcome development.” New home sales also climbed in February for the third straight month, according to the U.S. February’s new home sales showed an uptick of 1.1%

Mortgages 410

Mortgages Pre-approval Banks Loan Officer 410

Keeping Current Matters

AUGUST 31, 2020

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. Buyers who are pre-approved are definitely a step ahead when it’s time to make an offer.

Pre-approval 280

Pre-approval Sales Mortgages Marketing 280

Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. In 2023, Real recorded 48,905 sides, up 14,721 sides from 2022, and a sales volume of $21.2 billion, up $6.80 billion over the prior year.

Brokerage 458

Brokerage Pre-approval Branding Agents 458

Housing Wire

NOVEMBER 18, 2022

A sale of TitlePoint is expected ahead of Black Knight’s planned blockbuster acquisition by Intercontinental Exchange , Inc. . The pending sale is a result of a 2014 agreement that allowed FNF to repurchase TitlePoint in the event of a change in control of Black Knight. “In billion, down from $2.9

Title 410

Title Pre-approval Investor Mortgages 410

Housing Wire

MARCH 30, 2021

At HousingWire’s 2021 Annual Spring Summit, CreditXpert VP of Sales and Client Success Matt Hydrew and T odd Worthington , director of qualification support at Bank of England, discussed top-of-the-funnel strategies lenders can use to help borrowers gain a better understanding of their credit score. Or, give up looking altogether.

Pre-qualification 441

Pre-qualification Debt-to-income ratio Pre-approval Loan Officer 441

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. Get Started 1.

Pre-qualification 98

Pre-qualification Seller concession Pre-approval Closing costs 98

Housing Wire

DECEMBER 20, 2023

Maybe there’s a builder spec home that doesn’t have 3 offers on it, something that’s back on the market or a for-sale-by-owner home that isn’t getting showings. Your home for my pre-approved, highly motivated buyer clients who are looking only in 12 Trees and need at least 3 bedrooms. “Wanted!

MLS 421

MLS Pre-approval New Construction Construction 421

Better Dwelling

DECEMBER 15, 2021

Especially buyers that have mortgage pre-approvals […]. The post Canadian Real Estate Sales Elevated By Mortgage Rates Expiring: National Bank appeared first on Better Dwelling. National Bank of Canada (National Bank) attributes this to FOMO on low interest rates.

Banks 101

Banks Pre-approval Sales Mortgages 101

Keeping Current Matters

SEPTEMBER 15, 2021

Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. Speed and the pace of sales are contributing factors to today’s competitive housing market.

Inspection contingency 260

Inspection contingency Pre-approval Inspection Agents 260

Realty Biz

JANUARY 15, 2024

To do this, you can start by researching recent sales of similar properties in your area. Another option is to hire an appraiser to estimate the value of your property based on various factors such as location, size, and recent sales data. Do I Need a Pre-approval to Buy a New House Before Selling Mine?

Pre-approval 105

Pre-approval Purchase and sale agreement Finance Equity 105

Housing Wire

JANUARY 10, 2024

Even if you have little competition from other homes for sale, it’s your job (and the seller’s expectation) to market, advertise, show and sell their home in its best light. Then create your checklist based on these top 10 action items to do before you approve the first showing: 1.

MLS 421

MLS Pre-approval Inspection Agents 421

Realty Biz

SEPTEMBER 15, 2023

Guaranteed Rate, a fintech provider of mortgage lending and digital financial services, has announced its latest offering, 5 Minute Approval. The 5-minute pre-approval from Guaranteed Rate pertains to a computerized assessment of the loan documents provided by the borrower and the subsequent pre-approval.

Loans 97

Loans Pre-approval Lending Technology 97

Housing Wire

FEBRUARY 10, 2022

The ‘housing super app,’ according to investor slides filed with the Securities and Exchange Commission, will provide mortgage pre-approval, “immersive shopping,” facilitate in-person touring, and home financing. Barton also declared Zillow would be “cash flow positive” after completing the sales. Presently, Zillow reports $3.1

Pre-approval 397

Pre-approval Mortgages Agents Investor 397

Housing Wire

FEBRUARY 28, 2023

Taylor said this product, in the “immediate term,” will allow the employees to save 25% to 35% by not having to pay a capital gains tax on the sale of a stock, which can total “hundreds of thousands of dollars” saved. Better’s loan origination system Tinman is powered by AWS.

Equity 384

Equity Pre-approval Loans Finance 384

Housing Wire

JUNE 24, 2021

The new features not only answer what someone’s home is worth, it also presents estimates of how much equity the homeowners have, ideas and tips of what they can do with that equity, and how they can get pre-approved to tap into their equity. For more information, visit getbuyside.com or email sales@getbuyside.com.

Pre-approval 394

Pre-approval Equity Loan Officer Brokerage 394

Housing Wire

AUGUST 4, 2022

The acquisition is slated to close in 2023, subject to customary closing conditions and regulatory approvals. Once finalized, the acquisition of RoundPoint is expected to provide Two Harbors with annual annual pre-tax earnings of about $20 million, according to Two Harbors. Matrix Financial Services Corp., ranked 10th, with a 2.7%

Mortgages 384

Mortgages Pre-approval Principal Loans 384

HomeLight

DECEMBER 27, 2023

Unlock Your Equity Faster With a Cash Offer Consider going through HomeLight’s Simple Sale platform to access the equity of your existing home quickly. Before you pull the trigger on your home sale, you need to get a solid sense of your current financial picture and how much you stand to make from the deal after everything shakes out.

Pre-approval 109

Pre-approval Mortgages Equity Principal 109

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. Consequently (it) will shrink the buyer pool,” Yun said, adding: “Sales could fall even further with some inventory sitting on the market for more than a month like in the pre-pandemic days.”. Existing home sales dropped 2.4%

Marketing 421

Marketing Fixed-rate mortgage Loan Officer Pre-approval 421

Housing Wire

MAY 4, 2022

Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. Mortgage credit availability remains tighter than it was pre-pandemic. Housing is not overvalued: If housing is appropriately valued, house-buying power should equal or outpace the median sale price of a home.

Debt-to-income ratio 384

Debt-to-income ratio Equity Pre-approval Finance 384

Marco Santarelli

MAY 4, 2023

In this article, we'll examine a report published by Realtor.com on why turnkey homes for sale are still in demand and explore the reasons why some homes sell quickly while others sit unsold. Why Turnkey Homes for Sale are Selling Fast in 2023? This trend has continued into 2023, with homebuyers still seeking out these properties.

Sales 52

Sales Pre-approval Investor Renovation 52

Realtor.com

AUGUST 13, 2020

Step 1: Getting mortgage pre-approval. Still other buyers might also be home sellers who first need to close on the sale of their old house before they can buy their next house. Step 1: Get pre-approved for a mortgage. Keep in mind that mortgage pre-approval is different than mortgage pre-qualification).

Pre-approval 143

Pre-approval Pre-qualification Due diligence Loans 143

Housing Wire

FEBRUARY 9, 2022

and get a pre-approval for a mortgage from the comfort of your own laptop. Yet, there remains a dark cloud over the general perception of the part of the process that occurs somewhere between the signing of the sales agreement and the exchange of house keys — the mortgage approval and settlement/closing process.

Industrial 397

Industrial Purchase and sale agreement Pre-approval Banks 397

Housing Wire

APRIL 22, 2024

You’ll want to include the list price, sale price, and days on market. Your neighbors at (address) just sold their property for (sale price). I’m sure you’ve seen the for sale sign in the yard at (address). I’d be happy to email you a copy of their pre-approval letter. Great news! Your neighborhood is hot!

Brokerage 438

Brokerage Investor Agents Pre-approval 438

Housing Wire

MARCH 3, 2022

There are also alternatives to foreclosure such as compromise sales and deeds in lieu of foreclosure. The modification must be made no later than 18 months after the date in which the COVID-19 national emergency ends, without VA pre-approval.

VA loan 370

VA loan Pre-approval Principal Loans 370

Keeping Current Matters

MARCH 15, 2021

The best way to know this is to get pre-approved for a loan early in the homebuying process. Only 44% of today’s prospective homebuyers are planning to apply for pre-approval, so be sure to take this step so you stand out from the crowd. Stay Flexible in Negotiations.

Inspection contingency 277

Inspection contingency Pre-approval Inspection Staging 277

Keeping Current Matters

NOVEMBER 30, 2020

The best way to know this is to reach out to your lender to get pre-approved for a loan early in the homebuying process. Only 44% of today’s prospective homebuyers are planning to apply for pre-approval, so be sure to take this step so you stand out from the crowd. Be a Flexible Negotiator.

Inspection contingency 282

Inspection contingency Pre-approval Inspection Staging 282

Real Trends

DECEMBER 27, 2022

How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. A sale is considered pending until the seller formally accepts an offer from a buyer. It should be reassuring for all real estate agents that not many home sales fall through.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

Marco Santarelli

MAY 2, 2024

This simple principle of supply and demand is precisely why a crash , fueled by an abundance of for-sale homes, is unlikely in 2024. The Federal Housing Finance Agency (FHFA) reports that the average credit score for a conventional mortgage in 2023 was 740, a substantial increase from the pre-crash era [FHFA].

Pre-approval 52

Pre-approval Marketing Lending Mortgages 52

Marco Santarelli

APRIL 20, 2024

Rising interest rates have cooled buyer enthusiasm, leading to slower sales and questions about the future. Experts offer some insights into what's on the horizon for housing inventory : Gradual Increase Expected: Many analysts predict a gradual increase in available homes for sale over the next two years.

Marketing 102

Marketing Pre-approval Fixed-rate mortgage New Construction 102

Dwell Real Estate

AUGUST 20, 2021

In Sarasota’s real estate market today short sales are nearly unavoidable. I talk with buyers every day and many of them have questions about how short sales work, how they are different than regular sales, etc. Misconception: A cash offer will make a short sale move faster than an offer with financing. It depends.

Short sale 52

Short sale Sales Pre-approval Banks 52

RIS Media

DECEMBER 14, 2020

Cyclone of Sales Activity Intensity. In central Puget Sound, the velocity of the housing market is in tight rotation, with the sales activity intensity for each new listing going under contract at a frenzy level and higher for most price ranges and areas. Mid-June: The number of sellers increased to pre-COVID seasonal levels.

Sales 98

Sales Pre-approval Equity Marketing 98

Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

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Backup offer Sales Home sale contingency Earnest money deposit 111

Realty Biz

SEPTEMBER 18, 2022

The sale of a 5.5-acre Hoover Boulevard in Tampa, the current parcel with several office buildings has an approved proposed plan to redevelop the property into a luxury townhome community consisting of 87 homes. acre Beach Park parcel closed on September 14, 2022, for $16 million. Located at 200 S. Located at 200 S.

Pre-approval 82

Pre-approval Sales Development Commercial 82

Realty Biz

JANUARY 29, 2022

Not Getting Pre-Approved. In a tight market, making an offer loaded with contingencies, such as mortgage approval, isn’t likely to make you successful. Get pre-approved for a mortgage. If you’re a veteran, look to the Veterans Affairs office for pre-approval too. What To Do Instead.

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Pre-approval Mortgages Closing costs Principal 127