Remove As-is Remove Closing Remove Purchase and sale agreement
article thumbnail

Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Regardless of whether you are on the buy or sell side for a mortgage lender and/or servicer in a M&A transaction, it is critical to focus on post-closing matters too. Regardless of whether you are on the buy or sell side for a mortgage lender and/or servicer in a M&A transaction, it is critical to focus on post-closing matters too.

article thumbnail

Nearly half of home sellers are offering concessions

Housing Wire

of home sales from January through March included concessions such as money toward repairs, closing costs or mortgage rate buydowns. a year ago and close to the record figure of 45.1% a year ago and close to the record figure of 45.1% According to a new report from Redfin , 44.4% Thats up from 39.3% at the start of 2023.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

The last thing a buyer wants is to find out after the deal closes that the founder of the business registered a name or trademark in their own name and never properly assign it to the company. The current environment of mergers and acquisitions (M&A) is evolving. Patent & Trademark Office. The same is true of domain names.

article thumbnail

Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025.

article thumbnail

Ruoff Mortgage teams with Calque on ‘buy before you sell’ offering

Housing Wire

Buyers are not required to prepare their current home for sale until after they move into the new property. It is quite common that our customers are faced with challenges around selling their current home before they can purchase a new home,” Ruoff Mortgage CEO Clint Morgan said in a statement. “We

article thumbnail

Here’s what buyers and sellers want from their real estate agent

Housing Wire

And for all talk about getting a good deal on a purchase or sale, people still just want to find the right home and have a smooth process. 1 need, while only 14% said they wanted help in negotiating the terms of the sale. The survey also shed light on the different methods by which agents are marketing homes for sale.

article thumbnail

The 11 do’s and don’ts of buying a new build

Housing Wire

Cosmetic updates like flooring, paint or finish work can sometimes be done after closing at a lower cost. Buyers should also budget for post-closing expenses such as landscaping, window treatments, built-in cabinetry and appliances that may not be included. Each builder has its own purchase agreement.