PennyMac

SEPTEMBER 12, 2024

service members and their spouses No down payment required No monthly mortgage insurance payment Typically lower interest rates than conventional loans Jumbo Loans A jumbo loan is a loan that exceeds the limits set by the Federal Housing Finance Agency (FHFA) to help buyers finance a home in a higher price range.

Buyers 36

Buyers Finance Home Improvement Renovations 36

Cornerstone

MAY 4, 2021

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. There aren’t enough houses to meet buyer demand.

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Renovations Home Improvement Loan Officers Real Estate Agent 43

Appraisal Today

OCTOBER 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.36

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Appraisal Design Contracts Inspection 80

Appraisal Today

MAY 17, 2024

By Tom Horn Excerpts: As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. Contrary to what you see on the home improvement shows it is not always possible for an appraiser to shoot from the hip and reply back “An updated kitchen will add $50,000 to the value of your house”.

Tools 71

Tools Appraisal Renovations Design 71

Hank Miller Team

JULY 12, 2023

Working at home became "a thing" and people spent a lot more time in and around their homes. Many leveraged those low rates and refinanced, taking money out and completing home improvements. Combine that with rent and daily expenses, it's no wonder the buyers on the edge fell off when rates jumped.

Housing Market 40

Housing Market Marketing Buyers Sellers 40

Will Springer Realtor

AUGUST 30, 2022

Discerning buyers will know when a home has been left to, well, age gracefully. A common rule of thumb is to budget at least 1% of the home’s value each year for general maintenance and at least double that for older homes. About three out of four owners make at least one home improvement before selling – a wise decision.

Supply Chain 36

Supply Chain Renovations Home Improvement Real Estate 36

Lamacchia Realty

JULY 24, 2023

Moreover, filling your time with a few home improvement projects to customize your living space and enhance comfort is becoming popular for seniors. Whether adding a screened-in porch to enjoy the pleasant weather or incorporating accessibility features, these projects can make your home feel truly personalized.

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Transportation Legal Law Insurance 69

Listing Spark

AUGUST 9, 2024

How to Sell Your Home With Online Tools in Less Time Modern buyers aren’t finding their next home by driving around to seek open houses or acquiring a house from a family friend. Today, at least 52% of buyers find their future home online—so that’s precisely where sellers need to be.

Business 28

Business Tools Real Estate Buyers 28

PennyMac

SEPTEMBER 6, 2023

Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition. Sell fast If you want to get more equity from your home without putting in a ton of effort, it's possible to just sell it as is.

Renovations 36

Renovations Inspection Sellers Buyers 36

Listing Spark

APRIL 17, 2024

House flipping isn’t just an opportunity for big real estate companies or home improvement television channels—it’s becoming a reliable source of income for Americans running a solo business or small real estate investment venture. of US home sales in 2017, that number grew to 8.4%

Modernization 36

Modernization Tools Real Estate Real Estate Agent 36

Quicken Loans

JANUARY 11, 2022

VA loan terms are generally more favorable for prospective home buyers and borrowers, as there is no down payment due at closing and no private mortgage insurance (PMI) required. In effect, it allows you to take up to 100% of your home’s equity out to pay for medical bills, pay down debt, cover education expenses, etc.

Insurance 44

Insurance Finance Design Mortgage 44

PennyMac

AUGUST 14, 2024

How to Prepare Before Buying a New Home Preparing to buy involves more than just browsing real estate listings. To ensure you're thoroughly ready, consider the following steps: Get a New Mortgage Pre-Approval: Gain clarity on your budget and strengthen your position as a buyer by getting pre-approved.

Real Estate Agent 47

Real Estate Agent HOA Finance Inspection 47

Will Springer Realtor

APRIL 11, 2022

What does it mean to buyers? The impact is greatest on first-time buyers and lower-income households, which recently prompted housing advocates to urge the White House for further help on the issue of affordability. “The higher rates could also discourage investor activity, which accounts for a large portion of home sales today.”

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. It’s very likely that these reductions are temporary, but since they’re happening as the spring home-buying season is kicking off, they provide a bit of a financial cushion for buyers – especially first-time buyers.”.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

PennyMac

JANUARY 3, 2024

At this time, you’ll get the final details of your loan terms and required closing costs, which are the extra fees buyers and sellers pay to close on a real estate transaction beyond the home’s purchase price. Use the funds for any purpose, such as paying off debt, funding education or making home improvements.

Insurance 36

Insurance Real Estate Agent Finance Renovations 36

Will Springer Realtor

MAY 9, 2023

annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. THE ROI OF HOME RENOVATION. I am often asked by sellers what home projects should they address to get the highest return on investment. They are often surprised by my answer.

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Buyers Development Transportation Inventory 36