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Market Correction or Seller Panic?

Appraisal Buzz

This might manifest itself with lower offers that are acceptable to the seller, but price isn’t the only aspect of a transaction. I believe buyers may actually be able to take advantage of the perception of a volatile market right now. Sellers are panicking right now which is almost always an opportunity for buyers. 1] [link].

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Selling your home to a family member in 5 easy steps

Housing Wire

However, an off-market transaction between family members requires careful planning and transparent communication to avoid misunderstandings and ensure a seamless process. Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction.

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Portrait of a pre-foreclosure peacemaker

Housing Wire

That homeowner over the years has referred 10 refinancing opportunities to Sandoval. The sharks are circling now,” she said, referring to the predatory pre-foreclosure players who may try to buy at a lowball price or offer the homeowner a too-good-to-be true solution that leaves them worse off. “As I give them everything.

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How to get listings in real estate: 11 proven strategies for 2024

Housing Wire

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Many nosy neighbors end up turning into sellers, and hosting open houses is a fantastic opportunity to showcase your marketing skills.

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A Seller’s Market: What Does It Mean for Appraisers?

Appraisal Buzz

A seller’s market indicates demand is high and inventory is low, while a buyer’s market means inventory is high and demand is low. Interest rates impact the housing market significantly — demand can rise or fall any time they go up or down. You can pull the comps on it for reference.

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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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Smaller nonbanks facing “come to Jesus moment” as MSR values dip 

Housing Wire

The bulletin, issued quietly in mid-January, states that “although seller/servicers assign values to their MSRs, the enterprises [Fannie and Freddie] should have their own processes to evaluate the reasonableness of seller/servicer MSR values.” These differences can cause volatile MSR values.

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