Housing Wire

JANUARY 18, 2023

“A small offset or decline in home values, which we are starting to see, (…) can help that consumer who’s in the market for the first time,” Brown said. So, it’s definitely not like selling a loan to a GSE (government-sponsored enterprise). You need a buyer and seller,” Brown said.

Housing Market 476

Housing Market Marketing Insurance Mortgage 476

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. I remember loan officers telling me that I needed to be “creative” with my appraisals. To “think outside of the box” when valuing a property. You can listen here or on my podcast at Home Value Stories.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Cornerstone

APRIL 30, 2021

It’s an ideal time for sellers to take advantage. NAR’s recent Existing Home Sales report showed that pre-spring home sales were up 23.7 Sellers who may have been reluctant to list in the past few years are now considering it. But with rates still around record lows, homebuyer demand is even greater.

Sellers 68

Sellers Buyers Inventory Loan Officers 68

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. How appraisals affect the sale. Appeal the appraisal.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. How appraisals affect the sale. Appeal the appraisal.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Cornerstone

FEBRUARY 2, 2021

Many sellers are seeing homes “fly off the shelves.” That is to say, homes are selling quickly – almost two weeks faster (13 days) than they were just a year ago. Notably, homes are selling much sooner right now than they typically do in the winter. Should I sell my home before I buy another one?

Landlords 68

Landlords Loan Officers Sellers Buyers 68

Cornerstone

MARCH 12, 2021

A prospective home seller is looking at a great opportunity to sell rapidly and at a lucrative price. In a market this competitive, a seller has an advantage. Partner with a local loan officer who has the tried-and-tested technology to help you and your clients move fast. Especially in a market this tight.

Clients 65

Clients Sellers Loan Officers Real Estate 65

Cornerstone

MARCH 3, 2021

Though we’re currently in a seller’s market, it’s still vital to set the right price for your home if you want it to sell profitably — and fast. Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. Here’s a local loan officer who can help.

Sellers 59

Sellers Bracketing Inventory Buyers 59

Cornerstone

SEPTEMBER 3, 2021

A very specific set of circumstances are bringing opportunities for both homebuyers and sellers. The buyers who can afford it are opting to pay in cash (or use a like-cash early loan approval program ), while others are happy to waive contingencies just to get their offer accepted. Climbing home prices. home prices had risen 15.4

Housing Market 52

Housing Market Marketing Inventory Loan Officers 52

PennyMac

DECEMBER 22, 2020

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. HVAC, plumbing), the structural integrity of the home, and check the prices of comparable homes in the area.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

PennyMac

JUNE 28, 2022

More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. At this point in the home buying process, you’re probably wondering why closing costs are necessary. Closing costs can apply to both the buyer and seller. Homeowners Insurance.

Property Taxes 36

Property Taxes Insurance Sellers Inspection 36

PennyMac

SEPTEMBER 2, 2020

Surprisingly, the previous generation has even greater concerns, with 60% of baby boomers worried they will never be able to afford a down payment on a home. By offering mortgages with low or no down payments (as long as the sales price does not exceed the appraised home value), VA loans make home ownership possible for many.

Insurance 36

Insurance Finance Government Mortgage 36

Cornerstone

OCTOBER 26, 2021

Home values are climbing at nearly historic levels. As a result, hurdles related to home appraisals have also started to arise. In the past few months, it’s become commonplace for an appraisal to come back under a home’s contract price. Lean on your loan officer for guidance. Reading Time: 3 minutes.

Sellers 61

Sellers Buyers Appraisal Loan Officers 61