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How 2020 exposed a greater need for collaboration between real estate agents and LOs

Housing Wire

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

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How In The World Did This Happen?

Toronto Realty Blog

TorontoRealtyBlog On Wednesday, I took a look at the pre-construction condominium market in Toronto and how prices and those sweet builder “incentives” look this fall. Today, I want to continue the pre-con theme and present you with a story that I’ve been holding on to for about a month now. There was no catch.

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Selling a Home at Auction: Pros, Cons, and How to Get Started

HomeLight

The National Association of Realtors agrees that auctions can accelerate a sale, in addition to offering these key benefits for sellers: Higher visibility among pre-qualified, prepared buyers who are ready to buy. Step 4: Determine the qualification process for bidders. Your home will be visible to pre-qualified, serious buyers.

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How to Find and Keep Quality Tenants

Rent, Buy & Sell

This post looks beyond renovations and rental prices to explore the best ways to find and keep quality tenants. Those are essential questions that can help you form the right rental qualification criteria. Conduct a Pre-Screening Interview. After setting your requirements, you should conduct a pre-screening interview.

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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

Due to the nature of how a home becomes a “HUD home,” purchasing one differs from the traditional homebuying process, and there are a few qualifications, special incentives, and risks that any savvy homebuyer should be aware of. Get pre-qualified with a mortgage lender. Qualifying for a HUD home. No problem! Special incentives.

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Can Anyone Go to an Open House? What Should I Know Before I Show Up?

HomeLight

The buyer knows what type of mortgage loan they qualify for and will have a preapproval letter (there’s a difference between preapproval and pre-qualification ) in hand. Do you wonder what kind of upgrades and renovations they’ve done? The first-time homebuyer. The curious voyeur. The possessive buyer.

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Options to Unlock Your Home Equity When Finances Are Tight

HomeLight

You can use that money for anything — debt consolidation, tuition, home renovation, a dream vacation, etc. While some lenders have customized loans for home renovation or other projects, the most common types of equity loans are cash-out refinance and second mortgages, which include a home equity loan or a home equity line of credit (HELOC).

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