Keeping Current Matters

JUNE 21, 2021

That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. A skilled agent will do everything they can to help you stay on top of every possible opportunity. Use an agent as your trusted advisor to make a strong, but fair offer based on market value, recent sales, and demand.

Inspection contingency 334

Inspection contingency Pre-approval Inspection Rent back 334

Housing Wire

FEBRUARY 21, 2023

How origination modernization benefits lenders The mortgage application and pre-approval processes have been digitized for some time, to the benefit of borrowers and lenders alike. Streamlining operations Once a borrower is approved for a mortgage loan, the process should run like clockwork.

Pre-approval 370

Pre-approval Technology Title Inspection 370

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Wondering how to get a real estate license in Ohio in 2024?

Brokerage 459

Brokerage Pre-approval Agents As-is 459

Housing Wire

APRIL 22, 2024

Access to a hyper-local agent is more important now than ever. You can absolutely send this type of mailer to homeowners around a recently sold property that someone else sold — but make sure you adjust the language and ensure it’s clear you were not the listing agent. I recommend getting permission from the listing agent first.

Brokerage 465

Brokerage Investor Agents Pre-approval 465

Housing Wire

DECEMBER 8, 2023

Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. out of 5 stars Rating: 4.5 out of 5.

HR 434

HR Purchase and sale agreement Pre-approval Staging 434

Realtor.com

AUGUST 13, 2020

Step 1: Getting mortgage pre-approval. If problems crop up—with the home inspection, appraisal, mortgage, or other things—then the real estate buying process could take even longer. Step 1: Get pre-approved for a mortgage. Keep in mind that mortgage pre-approval is different than mortgage pre-qualification).

Pre-approval 143

Pre-approval Pre-qualification Due diligence Loans 143

Realtor.com

DECEMBER 30, 2021

Still, a potential buyer sends a roofer to check things out without your approval. Sending a professional to somehow inspect the condition of your home unannounced may seem a bit bold on the buyer’s part. “And all parties should have committed to and agreed to the inspections and their resolutions.”

Inspection 93

Inspection Pre-approval Agents Residential 93

HomeLight

OCTOBER 30, 2020

This response may irk you, but when it comes to the inspection, what you know can hurt you as a seller. Whoever paid for the inspection gets the report. The buyer’s agent usually provides a list of inspectors they recommend. The bottom line is: If the buyer pays for the inspection, it’s theirs to share or not share.

Inspection 101

Inspection Pre-approval Branding Agents 101

HomeLight

DECEMBER 7, 2021

Whether you’re buying, selling, or refinancing a home, you’re probably going to have to endure a home inspection. It can necessitate a lot of preparation and cause a certain amount of anxiety, but a home inspection is an important part of the process when you’re selling a home. But what’s inspected? Prepare for an inspection.

Inspection 105

Inspection Purchase and sale agreement Pre-approval Closing 105

HomeLight

MAY 27, 2021

And while you understand that a home inspection and appraisal are integral to selling your house, it’s easy to forget how these processes work. Costa is also the author of “ What Every Realtor Should Know About Home Inspections: A Guide to Avoiding Traps and Common Mistakes ”. What is a home inspection? What is an appraisal?

Inspection 105

Inspection Purchase and sale agreement Pre-approval Loans 105

Housing Wire

DECEMBER 7, 2023

After completing an approved course of study, you’ll be able to sit the state real estate exam. Colibri Real Estate is a state-approved real estate education provider with over 132 instructors experienced in Massachusetts real estate sales and teaching best practices.

HR 434

HR Pre-approval Brokerage Commercial 434

Realtor.com

NOVEMBER 11, 2022

monkeybusinessimages/iStock No, it’s not leaping into buyer mode by picking out a real estate agent who has pretty homes, setting up a home inspection, and then moving in your sectional couch. Step 2: Qualify for a home loan or loan pre-approval. Step 1: Why financing is the key to buying a new home.

Pre-approval 131

Pre-approval Pre-qualification Debt-to-income ratio Loan Officer 131

Point2Homes

DECEMBER 7, 2020

The real estate agent you choose to work with is even more important when buying a foreclosure. Specifically, a real estate agent who is experienced in helping buy foreclosures and who has a good knowledge of the local area will know when a home is a bargain. Getting Pre-Approved. Getting the Right Help.

Debt-to-income ratio 118

Debt-to-income ratio Pre-approval Inspection Inspection contingency 118

Realtor.com

NOVEMBER 23, 2020

Getting pre-approved for a mortgage and securing financing are an essential first step when buying a home. Getting pre-approved for a loan is obviously important, but is there anything else they can do to put themselves in a good position?” Secure your financing as soon as possible. Tour homes virtually first.

Pre-approval 145

Pre-approval Finance Inspection Loans 145

Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency. Get final mortgage approval. Your home inspection reports.

Closing 139

Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

The Close

NOVEMBER 8, 2020

If you’re a real estate buyer’s agent, there’s no doubt you are BUSY. Buyers tend to take a lot of time, have a ton of questions, and need plenty of attention from their agents, making life as a buyer’s agent a little crazier than most of us would like. Real Estate Buyer Agent Checklist #1: Mortgage Pre-approval.

Pre-approval 98

Pre-approval Agents Closing Branding 98

Realty Biz

JANUARY 29, 2022

But draining every bit of cash from your savings is a big mistake, especially when there are additional home-buying costs, including: A home inspection Closing costs Home insurance. Not Getting Pre-Approved. Get pre-approved for a mortgage. Choosing the First Bank That Approves You. What To Do Instead.

Pre-approval 124

Pre-approval Mortgages Closing costs Principal 124

HomeLight

SEPTEMBER 30, 2020

“You have to wait for the current owner’s bank to approve the short sale,” says Jessica Sanchez, Director of Underwriting and Loan Management at HomeLight. On average, you can expect a short sale to take between 60 to 90 days before you get the bank’s approval on your offer.

Short sale 138

Short sale Loans Sales FHA loan 138

Lighter Side of Real Estate

SEPTEMBER 22, 2022

Which is why real estate agents totally understand if you’re running a few minutes behind to meet them. Of course, some reasons for running late are more acceptable than others to an agent…. You were with another agent. Don’t use this one as your excuse weeks later and expect your agent to feel like it’s a legit reason.

Pre-approval 105

Pre-approval Agents Inspection Branding 105

Lighter Side of Real Estate

AUGUST 5, 2020

Ask an agent to go see houses before getting pre-approved. If you haven’t actually qualified for financing, you should hold off on going to look at houses with a real estate agent (or even going to open houses), since there’s no guarantee that a mortgage company can lend you the money. Try to mislead the mortgage company.

Pre-approval 145

Pre-approval Debt-to-income ratio Title search Finance 145

RIS Media

OCTOBER 29, 2020

When you are happy with what a lender is offering, you need to get pre-approval. A pre-approval letter will show real estate agents that you are a serious buyer who can get the loan needed, which could give you an advantage over other buyers. Home Inspections. You can attend the inspection if you want.

Pre-approval 140

Pre-approval FHA loan Inspection Closing costs 140

Realty Biz

DECEMBER 23, 2022

Last December, 19% of homebuyers waived the home inspection contingency component of their real estate sales contract. Even though most realtors don't recommend not ordering a home inspection, in a tight market, waiving the contingency may improve a buyer's chances of a seller accepting their offer. What Does a Home Inspection Include?

Inspection 81

Inspection Inspection contingency Pre-approval Closing 81

Lighter Side of Real Estate

JANUARY 24, 2022

Somehow, some way, no matter who you are, how long you’ve been in the business, or where you do business, there are certain phrases every agent hears (or utters) when interacting with other agents. This comes out a millisecond before the buyer’s agent tells you the actual amount the buyer is offering. 5) “In my experience…”.

Agents 98

Agents Pre-approval Inspection As-is 98

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

Toronto Realty Blog

JUNE 2, 2021

They would be conditional on a lawyer’s review, a home inspection commissioned by the buyer (but paid for by the government…), satisfactory and guaranteed mortgage financing, a catch-all for unfettered “due diligence,” and a mandated ten-day cooling-off period where the buyer can change his or her mind for any reason.

Pre-approval 97

Pre-approval Inspection Purchase and sale agreement Due diligence 97

HomeLight

JUNE 21, 2022

But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal. While 18% of settlements are delayed, problems encountered during inspections hold up one in ten contracts. What is a home inspection?

Inspection 122

Inspection Purchase and sale agreement Pre-approval Inspection contingency 122

RIS Media

APRIL 18, 2022

Buyers are waiving a home inspection. Speak to your real estate agent about what to expect. Get pre-approved for a mortgage. Before making an offer on a property, it’s important to have pre-approval for a mortgage. You can expect the seller’s listing agent to require it as well.

Pre-approval 119

Pre-approval Backup offer Due diligence Rent back 119

HomeLight

JULY 25, 2022

While they typically report to people on the other side of the transaction, the appraisal and inspection report generated by these professionals can impact your bottom line. In the December 2021 survey, 19% of buyers waived the inspection contract contingency, down from its height of 27% in July 2021. Request Estimate.

Inspection 111

Inspection Pre-approval Loans Finance 111

The Residential Specialist

APRIL 16, 2021

Because inventories are shrinking, agents need to find creative ways to make their buyers’ offers stand out. Even before the COVID-19 pandemic hit in March 2020, residential real estate agents were seeing inventories shrink and increased competition for homes. As a listing agent, I once received a contract with 13 errors and/or blanks!

Pre-approval 97

Pre-approval Inspection Residential Agents 97

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

HomeLight

JUNE 9, 2023

These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. ” Step one: Talk to a few buyer's agents! As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. Selling your house soon?

Home sale contingency 145

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 145

First Team Real Estate

SEPTEMBER 14, 2020

Be sure to avoid these six rookie mistakes when buying real estate or the ghost of inspections passed and more could haunt you – even after your sale is finished! Skipping Pre-Approval. It would be a major mistake to skip the pre-approval for your mortgage loan. Disregarding Market Trends.

Pre-approval 98

Pre-approval Inspection Finance Staging 98

Realty Biz

JANUARY 19, 2024

Interviewing and selecting a buyer's agent and choosing a mortgage lender and real estate attorney are vital steps. This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. Next, examine your credit score and history.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

HomeLight

JANUARY 3, 2022

Whether you should use an iBuyer (instant buyer) vs. real estate agent to sell your home is a hot debate in some real estate circles. iBuyer vs. real estate agent summary. The main trade-off is that the offer could be less than what you’d get listing the home with an agent, and you’ll pay a fee for the iBuyer’s services.

Agents 105

Agents Title Inspection Title search 105

Marco Santarelli

AUGUST 2, 2024

Better Time to Inspect Homes Autumn provides a practical opportunity to inspect homes thoroughly, as the weather conditions are generally milder. Home inspections during this time can reveal potential issues that sellers might not want to disclose. What benefits does the Autumn season offer for home inspections?

Pre-approval 98

Pre-approval Fixed-rate mortgage Inspection Mortgages 98

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

Lighter Side of Real Estate

FEBRUARY 13, 2023

You have to go to school and pass a real estate exam in order to become a real estate agent to help people buy a house, but you don’t need to do either of those things as a home buyer. All you have to do is rely on the knowledge and experience of your agent, and you’ll be fine. When should you get pre-approved for a mortgage?

Pre-approval 110

Pre-approval Inspection Lending Agents 110