Housing Wire

SEPTEMBER 2, 2021

The round includes $100 million of Series D equity and $263 million in debt financing – boosting HomeLight’s valuation to the tune of $1.6 It also allows sellers access to a network of pre-approved buyers to expedite the process. Lydia Jett of the SoftBank Vision Fund also participated. billion, the company claimed.

Pre-approval 405

Pre-approval Investor Technology Equity 405

Housing Wire

MARCH 6, 2023

The lack of inventory makes business even more difficult for loan officers, whose real estate agent referral partners simply don’t have many buyers ready to pull the trigger. “I’ve got several pre-approvals out there where people just can’t find what they want and the rates are throwing them off,” Monsoon said.

Loan Officer 397

Loan Officer Loans Pre-approval Mortgages 397

Keeping Current Matters

JULY 13, 2021

Work with your agent to list your house before it has more competition on the market. Brace for a quick pace and rely on your agent to stay in the know on the available homes in your area. Getting pre-approved can show the seller you’re serious and help you know what you can afford. Bottom Line.

Marketing 315

Marketing Pre-approval Equity Agents 315

Housing Wire

APRIL 22, 2024

Access to a hyper-local agent is more important now than ever. I would be happy to give you an equity analysis and let you know how much equity you have in your home. Better yet, get permission from the listing agent to do a mailer around their sold listing, if possible.

Brokerage 462

Brokerage Investor Agents Pre-approval 462

Housing Wire

AUGUST 29, 2022

billion in equity as of the second quarter, plus technology that can close loans faster than most competitors, aggressive pricing is a “multibillion dollar decision investment,” as Ishbia put it. His tangible net worth ratio (a proxy of how much equity you have relative to your total assets) is just under 30%.

Loans 435

Loans Loan Officer Equity Mortgages 435

Keeping Current Matters

DECEMBER 14, 2021

Not only can an agent help you find the right home, but they’ll serve as your expert advisor and answer any questions you might have along the way. That means getting your finances in order, reviewing your budget, and getting pre-approved through a lender.

Pre-approval 299

Pre-approval Lending Equity Banks 299

BAM Media

MARCH 10, 2025

The deal is expected to close in the second or third quarter of 2025, pending shareholder and regulatory approvals. Glenn Kelman CEO , Redfin Rocket expects over $200 million in run-rate synergies by 2027, which includes saving $140 million in costs and boosting revenue by $60 million by linking Redfins agents with Rockets mortgage services.

Pre-approval 72

Pre-approval Lending Title Finance 72

HomeLight

OCTOBER 24, 2024

As a real estate agent, you may encounter sellers who want a quick cash offer and are hesitant to hire a Realtor. Address the “I don’t want to pay an agent” objection One of the biggest hesitations sellers have is paying agent commissions. In contrast, homes sold through an agent had a median sale price of $405,000.

Pre-approval 64

Pre-approval Investor Finance Agents 64

BAM Media

JULY 2, 2024

While most agents are headed toward beach towels and piña coladas, summer is your prime time to hone in on your business and set yourself up for dominating the second half of the year. There are key questions every agent should be asking home buyers. I’m not a big fan of asking, “ Hey, are you pre-approved ?

Pre-approval 52

Pre-approval Debt-to-income ratio Pre-qualification Purchase and sale agreement 52

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. When we had agents, we were not large enough to provide the consumer full coverage [geographically].

Debt-to-income ratio 370

Debt-to-income ratio Technology Mortgages Pre-approval 370

HomeLight

AUGUST 31, 2022

If you need assistance navigating the financial or tax implications of unlocking your home’s equity, HomeLight always encourages you to reach out to your own advisor. homeowners with mortgages (roughly 62% of all properties) saw their equity increase by a total of more than $3.8 What is home equity? According to CoreLogic , U.S.

Equity 105

Equity Finance Loans Closing costs 105

Lighter Side of Real Estate

JULY 26, 2024

While some of those folks likely chose to rent instead of buying, many of them might not have been aware that they could qualify for a mortgage, and would have chosen to buy if they’d simply gotten pre-approved and knew they could. Look past your fear of rejection and reach out to a lender to get pre-approved!

Pre-approval 109

Pre-approval Mortgages Equity As-is 109

Real Trends

DECEMBER 5, 2022

Real estate agents are still in a good position to buy and sell, but they must take steps to make buyers feel comfortable proceeding with their transactions. Although measures are now in place to prevent this from happening, such as higher standards for loan approval, it does little to allay fears. The market has slowed considerably.

Pre-approval 94

Pre-approval Mortgages Agents Loans 94

Real Trends

JUNE 8, 2023

New York-based digital mortgage lender and real estate company Better.com has decided to partner with outside agents as referral partners, resulting in the mass layoff of agents at subsidiary Better Real Estate LLC , a person familiar with the decision told HousingWire. A spokesperson for Better.com declined to comment.

Agents 90

Agents Pre-approval Equity Mortgages 90

Realty Biz

JANUARY 15, 2024

It's important to note that eligibility for a bridge loan will depend on factors such as your creditworthiness and the equity in your current home. One option is obtaining a home equity line of credit (HELOC) on your current property. Do I Need a Pre-approval to Buy a New House Before Selling Mine?

Pre-approval 105

Pre-approval Purchase and sale agreement Finance Equity 105

HomeLight

NOVEMBER 15, 2024

This is an emotional process, and there’s a lot going on,” says Renee Hillman , a top-rated Raleigh area real estate agent who has been helping families with inherited homes for more than 25 years. Review any existing estate plans “So much with estates is about pre-planning on inherited property,” Hillman says.

Pre-approval 52

Pre-approval Title search Equity Title 52

HomeLight

JANUARY 5, 2022

Real Estate Agent. Real Estate Agent at The Kaminsky Real Estate Group. Do: Consider hiring a real estate agent. Hiring a real estate agent is not compulsory when you sell a house to a friend. It’s always tougher to negotiate with a friend,” says Edward Kaminsky , a top real estate agent in Los Angeles County. “If

Pre-approval 111

Pre-approval Purchase and sale agreement Title search Title 111

RIS Media

JUNE 30, 2021

Buyside’s new features will enable homeowners currently receiving a Home Valuation Report to see a personalized Home Equity Dashboard. “According to the National Association of REALTORS® over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer.

Pre-approval 94

Pre-approval Equity Loan Officer Title 94

Lighter Side of Real Estate

SEPTEMBER 11, 2024

Let’s Define “Limited Budget” Home prices have certainly risen over the years, and you’re probably not going to be able to buy a home for the same price buyers in a previous generation were able to, unless you’re super lucky or have a real estate agent who’s one heck of a negotiator.

Pre-approval 115

Pre-approval Equity Agents Banks 115

Lighter Side of Real Estate

OCTOBER 18, 2023

If you’ve ever heard real estate agents promoting the benefits of homeownership over renting, you may have thought they were doing it because they make bigger commissions when they sell a house. So if you’re currently renting, consider reaching out to a real estate agent who can help you make the transition from renting to owning.

Pre-approval 123

Pre-approval Fixed-rate mortgage Equity Agents 123

RIS Media

JUNE 2, 2021

Scott agents. ” With the expansion, John L Scott can answer for the consumer: “How much equity do I have?” ” “Where can I get pre-approved for my next home?” According to the company, Buyside helped John L. ” “What can I do with the sale proceeds?”

Pre-approval 98

Pre-approval Lending Loan Officer Equity 98

Marco Santarelli

MAY 11, 2024

Home Equity Softening, Not Disappearing The report highlights a slight decrease in the percentage of homes considered “equity-rich,” where the loan value is less than half the estimated market value. This signifies that homeowners, by and large, still hold a healthy level of equity in their properties.

Mortgages 109

Mortgages Marketing Equity Pre-approval 109

Redfin

MARCH 4, 2025

These properties are often priced below market value, making them attractive to buyers looking for a good deal or hoping to build equity quickly. If the auction accepts financing, make sure you have a pre-approval ready. Youll need to coordinate with your real estate agent in order to tour these properties.

Pre-approval 31

Pre-approval FHA loan Short sale Banks 31

RIS Media

SEPTEMBER 21, 2020

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Closing : A meeting during which ownership of a home is transferred from seller to buyer, usually attended by the buyer, the seller, both real estate agents and the lender.

Pre-approval 90

Pre-approval Pre-qualification Title search Inspection 90

HomeLight

AUGUST 31, 2021

But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. We talked with veteran real estate agents with a combined 30-plus years working with foreclosures to bring you a comprehensive guide to the often confusing world of distressed properties. Pre-foreclosure.

Pre-approval 111

Pre-approval Short sale Banks Finance 111

Lab Coat Agents

NOVEMBER 20, 2024

The seller’s lender must approve the assumption, guaranteeing the buyer is creditworthy and capable of managing the mortgage payments. This approval process helps protect the lender’s interests while offering flexibility for buyers looking to save on their home purchases.

Purchase and sale agreement 98

Purchase and sale agreement Mortgages Pre-approval VA loan 98

HomeLight

JANUARY 3, 2024

Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

Purchase and sale agreement 115

Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 115

Redfin

JULY 16, 2024

This guide will walk you through each phase of the mortgage loan process, from pre-approval to post-closing, with examples to illustrate key points. 15-year vs. 30-year loans): 15-year loans: Higher monthly payments but less interest paid over the life of the loan and quicker equity buildup. Different loan terms (e.g.,

Loans 69

Loans Pre-approval Earnest money deposit Mortgages 69

RIS Media

DECEMBER 14, 2020

March/April: COVID-19 led us to adjust our business practices to support social distancing for buyers, sellers and agents. May: The number of buyers increased to pre-COVID seasonal levels, but sellers lagged creating a virtually sold out situation. Mid-June: The number of sellers increased to pre-COVID seasonal levels.

Sales 98

Sales Pre-approval Equity Marketing 98

HomeLight

OCTOBER 5, 2020

According to Melanie Hunt , a top-selling real estate agent in Fort Worth, Texas , who has sold 74% more single-family homes than the average area agent, “Getting a preapproval is one of the most important things a buyer can do to improve their odds of securing a short sale.” And it’s even better if you can get pre-underwritten.

Short sale 97

Short sale Sales Pre-approval Pre-qualification 97

HomeLight

SEPTEMBER 20, 2022

“People had done 100% financing on their homes,” says Jessica Wallace , a top-selling agent based in the Santa Cruz, California area, so they had zero equity when “the market dropped 10%.”. More recently, however, the hot market of 2021-2022 saw homeowners with mortgages increase the equity in their homes by 27.8% Find Agent.

Short sale 98

Short sale Sales Pre-approval Equity 98

HomeLight

OCTOBER 4, 2021

We talked to expert agents experienced in the rent-to-own process to show you exactly where to look and what pitfalls to watch out for. Talk to an experienced agent. If you choose not to buy, you will lose the option fee and, depending on the terms of the contract, possibly the down payment and any equity in the property.

Purchase and sale agreement 141

Purchase and sale agreement Pre-approval Agents Brokerage 141

The Close

NOVEMBER 12, 2024

Hire a pro: Think about getting a real estate agent or a land assessor in your corner. Inexpensive entry: Vacant land can be affordable to buy, and if you wait for it to appreciate, you can build equity. Not all real estate agents have experience with land sales, so it’s important to find one who specializes in that area.

Land 98

Land Investor Finance Development 98

Marco Santarelli

MAY 18, 2024

Consider implementing a strategy with a real estate agent to find properties that might be more attractive to first-time buyers, such as those that need some cosmetic work and could be negotiated down in price. A local real estate agent can provide valuable insights into your specific area. Cash vs. Mortgage: Who's Buying?

Pre-approval 111

Pre-approval Investor Equity Mortgages 111

HomeLight

AUGUST 31, 2021

Does the idea of buying a fixer-upper and quickly gaining thousands of dollars in equity by making minor cosmetic repairs appeal to you? In addition to 12 years of experience as a real estate agent, Forney has personal experience using a 203(k) loan to purchase and fix up his first home. What’s a 203(k) loan?

Loans 104

Loans FHA loan Pre-approval Finance 104

HomeLight

OCTOBER 9, 2023

For this post, we interviewed some of the top-performing real estate agents in the country to gather expert home buying tips. A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price.

Pre-qualification 111

Pre-qualification Pre-approval Agents Loans 111

Toronto Realty Blog

FEBRUARY 27, 2023

Thank you for taking us back to that place that we all thought we had left for good: pre-construction. about the pre-construction condo industry just as soon as this blog was launched back in 2007. Pre-construction “experts.” Blog reader Densha asked about pre-construction condo delays and it’s a good topic.

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Construction Pre-approval Purchase and sale agreement Development 97