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Homebuyers are taking more risks in an obstacle-filled market

Housing Wire

Attom s Q4 2024 Home Affordability Index revealed that the down payment on a median-priced home reached $72,950 not far below the average annual wage of $89,649. Every borrower is looking for a property with a basement to rent, said Andreia Faustino, a Utah-based LO with American Pacific Mortgage.

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How Reverse for Purchase can help baby boomer borrowers

Housing Wire

The big difference is that monthly mortgage payments are optional so long as the borrower continues to maintain the home and pay their property taxes and insurance,” Cooper said. Actual cash required may vary and is based on age of youngest borrower, interest rate, home value, and other factors.

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Inman.com Timely real estate news, agent advice and training, tech trends and reviews, market trends, and more. Here are some recommendations for sources we trust: Latest news and market trends HousingWire.com Timely real estate industry news, market trends, weekly market reports, agent advice, and more.

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Are Home Buyers Regretting Their Purchase?

Cleveland Appraisal Blog

I would strongly recommend getting one if you’re purchasing a home. I’ve appraised many thousands of homes over the years. Even so, I would hire a home inspector if I were looking to buy a home. They are trained to catch things that most people might miss. HOME VALUES AND OVER-PAYING.

Buyers 243
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7 best real estate schools in Florida (FL) for 2024

Housing Wire

Key takeaways AceableAgent offers courses for every stage or your real estate journey, from prelicensing to post-licencing and training to hone your professional skills. Exam Math Cram consists of 5 real estate math practice tests to test your knowledge on real estate math formulas, calculating commission, and calculating property taxes.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Reviewing / appealing property tax assessment. Property division in separation / divorce. Renovation loan assessments.

Appraisal 110
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What is Your Appraiser Level? Why Does It Make a Difference?

Appraisal Today

Even the larger appraisal firms (with deep pockets) who’ve spent the last few years aggressively training and recruiting appraisers, acquiring small appraisal firms, and rolling up their competitors have rapidly changed their tone. Budget cuts. Retraction. It’s caused by the income gap. That is the real problem which must be solved.