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From consultation to closing: The definitive homebuying checklist

Housing Wire

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

Closing 372
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9 expert tips to close real estate deals faster & easier

Housing Wire

People going through divorce and need to sell (and potentially buy a new placeor two), people moving across the country for a new job and estate/probate sales after someone has passed away are the three most common life stages in which property needs to be sold. Who are these motivated clients? Whats your ideal timeframe for moving?

Closing 307
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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Its up to us as agents to stay engaged and stay in contact with our clients. Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Lets dive in! Summary What is a real estate newsletter? Why send a regular real estate newsletter?

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How to get a Colorado real estate license — Tips from a mega broker

Housing Wire

of Regulatory Agencies or DORA) requires all students to complete an approved course of study totaling 168 class hours. Know what to expect In order to get your real estate license in Colorado, youll need to complete 168 hours of coursework at one of Colorado Division of Real Estate’s approved schools. I opted for the latter.

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How to negotiate your home purchase offer

Housing Wire

Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. According to industry experts, there is more to a home offer than just the price you are willing to pay.

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Proactive quality control for lenders: How to navigate market shifts, regulatory changes and improve loan quality

Housing Wire

Pre-CTC review processes : In a proactive shift, some lenders are moving their QC efforts earlier in the loan process, conducting pre-clear-to-close (CTC) reviews. One critical shift is the adoption of pre-funding QC reviews. This year, we’ve implemented a new pre-close audit before our underwriters finalize the loan.

Loans 432
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Lenders must address repurchase risk before they go bust

Housing Wire

While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre- pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers , who are already recording average pre-tax losses of $534 per loan origination. increase from Q1.