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CoreLogic: Jump in home-purchase closing costs outpaces refi loans

Housing Wire

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. How to avoid home closing delays in 2022.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection.

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RenoFi targets homeowners who don’t qualify for HELOCs

Housing Wire

Legacy renovation loans, which tend to have longer inspection periods and strict oversight of renovations, are not paid to borrowers in a lump sum, which can add a degree of difficulty when homeowners are ready to use the funds, according to Goldman.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. 469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. Homelight , a platform for homebuyers and sellers, was No.

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What Buyers & Sellers Really Think about the 2025 Housing Market

BAM Media

Sellers remain confident in their ability to move properties quickly, with 72% expecting to close within 4 months or less. In case the seller refuses, 68% of home buyers say theyll budget for the cost of working with a buyer agent.

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Report Shows Refinance Closing Costs Remain at Less Than 1% of Loan Amount in 2021

RIS Media

The national average closing costs for a single-family property refinance in 2021, excluding any type of recordation or other specialty tax, was $2,375, according to CoreLogic’s ClosingCorp second annual Refinance Closing Cost report for 2021 released last week.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

Using Online Real Estate Tools Thanks to technological advancements, searching for properties online has never been easier. Navigating the Home Inspection and Negotiation Process Once you have put a house under contract, the next step will be the home inspection.