Remove Brokerage Remove Loans Remove Seller concession
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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. “You

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Opinion: Reframing the American Dream of homeownership

Housing Wire

The role of real estate and mortgage professionals In times like these, the role of real estate agents , brokerage owners and lenders becomes even more critical. The question is whether it is becoming less attainable or merely obscured by market noise and confusion. Change is constant, and as professionals, we must adapt.

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Buydowns become key for buyers to beat the market

Housing Wire

Mortgage rates for a 30-year fixed-rate loan are hovering around 7% levels and still-high home prices are slashing purchasing power. What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. It’s a terrible time for homebuyers.

Marketing 493
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Will new products stop the bleeding for mortgage lenders? 

Housing Wire

That has contributed to UWM’s competitors taking losses on loans when they can least afford it. During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans.

Mortgages 418
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Show up, don’t show off: Laura O’Connor is redefining success in real estate

Housing Wire

Second, we’ve established mandatory forms for our agents that are affiliated with JPAR – Real Estate, our real estate brokerage operating in 28 markets across Texas. Partnerships, which are all about relationships, are important for any business owner, whether that is at the brand, brokerage or agent business level.

Branding 435
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Can You Get Your Earnest Money Back at Closing?

Redfin

This deposit is usually between 1% and 3% of the homes purchase price, but the amount can vary based on the local market and the agreement between you and the seller. This ensures that neither the buyer nor the seller can access the money prematurely, protecting both parties during the transaction. Youre using a no-down-payment loan.

Closing 43
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What Is the Average Cost to Sell a House in California?

HomeLight

You can probably expect to run into these common expenses for home sellers in California: Prepping your house for sale. Seller concessions. Seller concessions. Seller concessions might be a cost to sell a house in California. You may not have to make concessions to make the sale. Realtor® fees.