Housing Wire

OCTOBER 1, 2024

“No person shall give, and no person shall accept any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, that business incident to or a part of a real estate settlement service involving a federally related mortgage loan shall be referred to any person.” ” 12 U.S.C. Express Co.,

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Purchase and sale agreement Agents Brokerage Loans 435

Housing Wire

AUGUST 30, 2024

In an interview with TechCrunch , which first broke the news of Landian’s debut, Sitzer said his frustration with having to pay a 3% commission to a buyer’s agent on the sale of his Kansas City home in 2017, which his shared with his neighbor, who happened to be a lawyer familiar with the subject matter, prompted the lawsuit.

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Purchase and sale agreement Brokerage Agents Closing 459

Housing Wire

JANUARY 27, 2022

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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Purchase and sale agreement Title Agents MLS 370

Housing Wire

JANUARY 31, 2022

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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Purchase and sale agreement Title Agents MLS 370

Housing Wire

MARCH 24, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. In an interview with HousingWire, Jacobson mostly wanted to discuss UWM’s broker agreement , specifically a passage in section 2.03 “I would say it’s in every mortgage broker agreement.

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Purchase and sale agreement Loans Loan Officer Mortgages 397

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

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Equity Purchase and sale agreement Marketing Lending 448

Housing Wire

NOVEMBER 7, 2023

Seller concessions for VA borrowers are capped at 4% of the home’s purchase price or appraised value and can cover some closing costs, including the VA funding fee and prepaid taxes. The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. points from the 7.5%

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VA loan Agents Seller concession FHA loan 482

Housing Wire

MAY 23, 2023

Asset-only deals That chilling effect is compounded by the fact that Fannie Mae’s request was allegedly extended to IMBs involved in asset-only purchase deals, industry sources indicate. It is not clear how many other lenders received the request from Fannie Mae.

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Loans Purchase and sale agreement Due diligence Industrial 418

Housing Wire

APRIL 27, 2021

The federal government is well aware that mortgage lenders and industry stakeholders are frustrated by the 7% cap on second homes and investment properties that was implemented as part of a broader series of amendments to Fannie Mae and Freddie Mac ‘s Preferred Stock Purchase Agreements.

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Purchase and sale agreement Loans Principal Mortgages 397

Housing Wire

SEPTEMBER 6, 2023

Any future exit from conservatorship will confront issues beyond capitalization such as data monetization, risk parameters, secondary market design, FHA execution and the pricing of mortgage guarantees. Audience assets will be valued based on transaction volumes and bundles of listings, lending, loan sales and servicing and trading content.

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Purchase and sale agreement Title Mortgages Lending 370

Toronto Realty Blog

NOVEMBER 4, 2024

But as I write this blog post (over the weekend), I can only guess as to how October sales will look. In my monthly “TRREB Stats” blog post, I always examine three essential statistics in our real estate market: price, sales, and new listings. That , in my opinion, is the number-one reason why sales are slow right now.

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Sales Purchase and sale agreement Agents Pre-approval 105

Housing Wire

NOVEMBER 13, 2023

In Florida, getting licensed as a real estate agent begins with the completion of an approved 63-hour Sales Associate prelicensing course. Ready to begin a flexible, fulfilling career in real estate in the Sunshine state? We’ll help you find the best real estate schools in Florida to complete the required 63 hours of study. out of 5.

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Purchase and sale agreement MLS Pre-approval Agents 468

Housing Wire

AUGUST 1, 2023

The lender made focused efforts to target the purchase market in 2021 and set up dedicated teams to cultivate relationships with real estate agents. The lender made focused efforts to target the purchase market in 2021 and set up dedicated teams to cultivate relationships with real estate agents. And Rocket is well aware.

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Loan Officer Purchase and sale agreement Loans Mortgages 370

The Close

NOVEMBER 25, 2024

In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability. Simply put, it’s a residential building with more than one unit designed to house multiple families.

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Purchase and sale agreement Property Management Hard money loan Investor 105

Marco Santarelli

MARCH 27, 2025

Increased Purchasing Power: With lower rates, you might be able to afford a slightly more expensive home. As Berner points out, mortgage rates in the high-6% and low-7% range have slowed home sales compared to last year. Realtor.com economists are forecasting more home sales this year compared to 2024. Treasury yield.

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Mortgages FHA loan Purchase and sale agreement Pre-approval 113

Housing Wire

DECEMBER 8, 2023

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

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HR Purchase and sale agreement Pre-approval Staging 434

Housing Wire

APRIL 16, 2024

There are a lot of moving parts in a purchase transaction; I thought this would streamline the process, making a better experience for all parties and at the same time generate more revenue,” Read said. In a down market disrupted by the commission lawsuits, agents and LOs are considering working in a dual capacity. Why talk about it now?

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Loan Officer Loans Agents Mortgages 488

HomeLight

APRIL 19, 2022

Gone are the days where a simple handshake could solidify a working agreement between a buyer and their real estate agent. Instead of a handshake, buyer’s agents are presenting homebuyers with a document called a “buyer broker agreement” — and you might not know what that is! Buyer-broker agreements, explained.

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Purchase and sale agreement Agents Inspection Brokerage 111

Housing Wire

APRIL 21, 2022

Ideally, an engineer designs a model of what they want on software, from an air duct to a prosthetic limb, and it is precisely printed out. “In the future, neighborhoods and towns, and eventually cities, will be built by robots and drones,” Ballard said. The present is different. 3-D printed homes are just starting to get built.

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Construction Purchase and sale agreement Land Investor 418

Realty Biz

JULY 17, 2022

Kick-Out Clause vs. Home Sale Contingency. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause. Most real estate agents would laugh at the thought of seeing an offer with a home sale contingency.

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 132

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Looking to sell a house “as is” in North Carolina?

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As-is Purchase and sale agreement VA loan Inspection 112

HomeLight

JANUARY 8, 2025

We Buy Houses companies in Vermont offer a fast, all-cash solution, allowing you to purchase homes as-is and close in a matter of days. A cash sale can simplify the process if youre facing a tight deadline, an inherited property, or a pending foreclosure. Receive your offer in 24 hours and close in as few as 10 days.

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Purchase and sale agreement Closing Sales Design 52

HomeLight

JANUARY 8, 2025

These companies make all-cash offers, often buying homes as-is, so you can skip the hassle of repairs and lengthy sales processes. For homeowners facing urgent situations like relocation, financial stress, or inherited properties in need of work, a cash sale can offer much-needed relief. No showings, no repairs, no open houses.

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Purchase and sale agreement Closing Sales Design 52

HomeLight

MAY 27, 2021

When you signed the listing contract to put your house on the market, you had high hopes for a quick sale. And now you’ve realized that even the listing agreement with your agent has expired. We’ll fill you in on what obligation (if any) you have to your agent and what your options are to complete the sale.

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Purchase and sale agreement Staging Agents Brokerage 105

HomeLight

OCTOBER 31, 2024

Sell Your Inherited Home Quickly For Cash Request a no-obligation cash offer from HomeLight’s Simple Sale platform and receive a purchase quote in 24 hours. Each category includes specific documents to verify your authority and ensure a smooth sale process. The deed is a physical document that proves ownership.

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Purchase and sale agreement Title Title search Loans 64

HomeLight

JANUARY 9, 2025

Sell Your House Fast in Winter Haven With a Cash Offer Get an all-cash, no-obligation offer through HomeLights Simple Sale platform whenever youre ready. Working with house-buying companies in Winter Haven Selling your home to a house-buying company in Winter Haven is a straightforward process designed to make selling your home a snap.

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Purchase and sale agreement Title Renovation Closing 52

HomeLight

DECEMBER 17, 2024

Whether you’re facing an unexpected situation such as job relocation, financial urgency such as a pending foreclosure, or just want to move on quickly, a cash sale can provide the speed and simplicity you need. Get your cash: Once the sale is finalized, youll receive your payment and can move forward with your plans.

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Purchase and sale agreement Title Closing Sales 52

HomeLight

SEPTEMBER 30, 2021

An HOA is a group of homeowners in a designated real estate development. These rules are outlined in the HOA agreements. An experienced real estate agent will insist that you take a fine-toothed comb to the HOA agreements and enlist the help of a lawyer for trickier legal issues that might be lurking there. Yes,” she tells us.

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Purchase and sale agreement Homeowner’s association Design As-is 90

Redfin

MARCH 4, 2025

Mold or mildew problems Presence of asbestos or other harmful materials As a result, agreeing to purchase a property as-is is a serious decision for any buyer. While technically not adhering to the legal definition of as-is, this is permissible as long as the parties are in agreement. What does as-is, where-is mean in a listing?

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Realty Biz

FEBRUARY 20, 2021

Given they are significant legal terms in a purchase and sale, it is essential to have a strong working knowledge of how they work. Some of these clauses can benefit you when purchasing a home, so we will look at some of the contingency clauses you might encounter when buying a property. Contingencies in Real Estate Explained.

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Purchase and sale agreement Inspection contingency Earnest money deposit Home sale contingency 137

Realty Biz

NOVEMBER 30, 2021

Since escrow is a huge step during the real estate purchase process, you need to know how escrow funds work. Escrow designates a legal agreement that engages a third party in the real estate transaction. Escrow designates a legal agreement that engages a third party in the real estate transaction. What is Escrow.

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Purchase and sale agreement Title Agents As-is 28

Realtor.com

OCTOBER 15, 2020

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. There are a lot of factors that could make a brand-new home a less than ideal purchase. Outlaw warns that purchasing a cheap build in a nice neighborhood will have ramifications—like costly repairs—further down the line.

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New Construction Construction Purchase and sale agreement Design 138

HomeLight

JANUARY 31, 2024

You can then make a strong offer on your next home with no home sale contingency. In real estate, when a house is listed as “ contingent ,” it means the sale of the property is conditional upon certain criteria being met. If significant defects are found, the buyer can renegotiate or withdraw from the sale without penalty.

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 115

HomeLight

AUGUST 31, 2021

But what if a portion of your rent were going toward purchasing your rental home at a later date? Rent-to-own basics: Crediting rent toward a future purchase. A rent-to-own deal means you can start paying toward a home purchase even if you can’t technically qualify for a mortgage yet. Updated August 31, 2021.

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Purchase and sale agreement Due diligence Closing costs Mortgages 124

The Close

SEPTEMBER 30, 2020

After 26 years of being a residential real estate agent, managing broker, and real estate coach, I too have wondered if there is a massive benefit for me to get my CCIM designation. OK, let’s start at the beginning: What Is a CCIM Designation? CCIM stands for Certified Commercial Investment Member. A CCIM costs over $10,000 in 2020.

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Residential Design Agents Commercial 105

RIS Media

AUGUST 10, 2021

Here are some proven sales strategies to help drive your agent’s success every day and week, setting more appointments, converting more leads and making more sales happen for your team and for themselves. Without face-to-face appointments, there will be no listings or sales. Offer value-added solutions.

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Sales Purchase and sale agreement Agents Staging 98

Marco Santarelli

MARCH 18, 2025

Example: A Canadian investor who previously purchased several condos in Miami as rental properties might decide to halt future investments due to tariff-related uncertainty, potentially impacting the demand and prices in that market. The question on many Americans' minds is: Will the Housing Market Slowdown Because of Reciprocal Tariffs?

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Marketing Investor Purchase and sale agreement Construction 87