Residential Seller concession Title 
Housing Wire
JANUARY 17, 2024
They own the home with their name on the title, as with any mortgage, traditional or reverse. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans. The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ).
Housing Wire
AUGUST 25, 2022
The company also launched temporary rate buydowns, which allows borrowers to receive lower mortgage rates at the beginning of their loan terms by using seller concessions as part of the payment. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.
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Housing Wire
AUGUST 30, 2024
HW: How important is it to educate clients about the “new normal” in residential real estate post-August 17? Real Estate professionals have long been the resource that people turn to for advice on mortgage professionals, title companies, plumbers, contractors, and other vendors.
Realtor.com
DECEMBER 10, 2020
Make sure to attend and review the findings of the home inspection,” says Steve Kaminski , head of residential lending at TD Bank. “It’s Title insurance, for example, can be costly, so ask your lender about getting multiple quotes.”. Then ask about other fees that might be negotiable. The post Let’s Make a Deal!
BAM Media
JULY 31, 2024
BAM Key Details: Today, the Consumer Federation of America released “Proposed Criteria for Evaluating Home Seller Contract Forms.” In its press release, the CFA also shared eXp’s new seller contract titled “Exclusive Authorization and Right to Sell,” which eXp CEO Leo Pareja first shared on a BAM Breaking livestream with Byron Lazine.
HomeLight
NOVEMBER 21, 2022
Not having agent representation could also lead to paying more in seller concessions. Since South Carolina is not a “ Caveat Emptor ” or “buyer beware” state, a residential property seller is generally required to disclose the condition of the home to the buyer. Marketing your home is time-consuming.
HomeLight
DECEMBER 8, 2022
Not having agent representation could also lead to paying more in seller concessions. Even agents deal with delayed contracts because of inspection or title issues or other problems. In Washington State, a residential property seller is generally required to disclose the condition of the home to the buyer.
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