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What Does It Mean to Back Out of a Home Purchase?

HomeLight

Buying a house is a major milestone, but what happens when you have second thoughts, or you can’t fulfill the agreement you signed? Backing out of a home purchase isn’t a decision made lightly, yet it’s a scenario that buyers might face. But what’s the real meaning of backing out of a home purchase?

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Rising interest rates trigger an exuberant MSR market 

Housing Wire

Incenter Mortgage Advisors was flooded with a surge of mortgage-servicing rights business in January — with bulk MSR sales approaching in one month what the firm normally tallies in an entire year. On average, historically, we’d be selling $100 billion to $125 billion [in MSRs] annually,” Piercy said. “The million to $23.7

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Found a Buyer on Your Own? Here’s Why You Still Need an Agent

Realtor.com

With an offer in hand, you might be asking what commission an agent would receive if the agent were to get involved at this stage of the home-selling process. Agents usually supply a variety of forms such as Residential Purchase Agreements to get offers in writing. Watch: 5 Things to Do Before Listing Your Home for Sale.

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Proptech Job Opportunity: Head of Business Development & Strategic Partnerships at EasyKnock

GeekEstate

We have a job opportunity to share from a member of GEM Diamond, EasyKnock , an institutionalized sale-leaseback residential platform. Negotiate partnership agreements and contracts, ensuring favorable terms and mutually beneficial outcomes for EasyKnock and its partners.

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Market Map: 240 Real Estate Technology Companies Transforming Today’s Housing Market

GeekEstate

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This market map real estate technology companies operating across every phase of the home purchase value chain. As such, we’ve included the Blend logo in those areas.

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How to Sell a House by Owner in Colorado

HomeLight

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

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How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Median sales price: $449,900 (Feb. 2022 , a 28.5%