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What’s a House Worth? Wall Street Turns to Drive-By ‘Appraisals’

Realtor

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

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What’s a House Worth? Wall Street Turns to Drive-By ‘Appraisals’

Realtor

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

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What to Do When You've Been Outbid for Another Home

Eppraisal

Buyers are finding themselves in multiple offer situations which means many are being outbid for homes, often more than once. If you've been outbid for another home, keep your head up. Here are few ideas your real estate agent might have up her sleeve to help you.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Think of equity as the amount of money your home is worth after what you owe is deducted. When your home value goes up and you start paying off the loan's principal balance, that builds equity. Make Predictable Monthly Payments When you're a renter, you're at the mercy of a landlord. How Do You Qualify for HUD Programs?

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Various Shades of Buyer Representation

Eppraisal

When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. The seller’s brokerage will pay them commission if this real estate agent helps you find a home. Explain real estate terms.

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The Complete Guide to Buying a Home After College

Raleigh Realty

The challenges of buying a home as a recent college graduate are similar to that of buying a home as a government employee. These challenges can be overcome if you find a great real estate agent. Build Equity Your home will have a value assigned to it, and you'll be making mortgage payments.

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How Commission Works with Sellers and Buyers

Eppraisal

With home values rising over the past few years, commission amounts have been going up even though the percentage may have gone down. Some real estate brokerages are full-service companies, and some are discount brokers. However, your real estate agent may ask you to sign a buyer's agreement to ensure they get paid.

Sellers 36