Remove Branding Remove Closing costs Remove Pre-approval
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LenderLogix launches POS system for small- to mid-sized lenders

Housing Wire

“As a result of this early engagement, mortgage lenders can increase lead capture and conversions while delivering a consistent brand identity across branches and teams – all while providing executives with more granular insight into marketing and sales performance,” O’Brien said. The company was featured in HousingWire’s Tech 100 in 2022.

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Understanding the Closing Costs Associated With a New Home Purchase

RIS Media

It has become common practice in some markets to ask the seller to pay some or all of the closing costs when you purchase a home. Some simple rules to remember on the different kinds of loans: – On VA loans, you can ask the seller to pay everything, meaning the buyer is making no down payment and paying no closing costs.

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Short Sale Mortgage Loans: What Borrowers Need To Know

HomeLight

“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.

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9 Email Ideas to Send to First-Time Homebuyers

BAM Media

Closing costs (to put the horror stories they’ve heard into perspective) #3— “Glossary of Real Estate Terms: Speak Like a Pro!” Not knowing key real estate terms can make first-time buyers feel lost and overwhelmed—and less likely to want to move forward, even if now is the best time for them to do so.

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Do Sellers Get a Copy of the Inspection? Why a ‘Need to Know’ Basis Is Better

HomeLight

Sellers will only get a copy of the inspection report if they’re paying for part of it (which can happen through shared closing costs). The buyer’s agent will need to consult with their client and obtain approval. Gain control with a pre-listing inspection. What about proof of defects? Source: (shisu_ka / Shutterstock).

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Multiple Offers on Your Home? 14 Concerns You Must Address with Your Realtor

First Team Real Estate

Pre-approval: These days, being pre-approved for a loan is basically a requirement in competitive markets. Normally, both the buyer and the sellers are accountable for paying a part of the closing costs. Make sure your agent takes all these costs into account when computing the net profits from the sale.

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How Much Should You Offer on a Home? Finding Your Regret-Free Number

Lighter Side of Real Estate

If its a sellers market or a brand new listing, youll probably need to offer more than the asking price. Know Your Limits: A mortgage pre-approval may say that you can technically afford the payments, but only you can determine if you can do so comfortably each month.