Housing Wire

OCTOBER 16, 2023

Homebuyers using a variety of mortgage loans to finance their home purchase are eligible to use assistance options to help with their down payment and/or closing costs. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. Let’s use $10,000 as an example.

Agents 435

Agents Seller concession Closing costs Mortgages 435

Housing Wire

AUGUST 25, 2022

The obvious starting place for nonbank lenders looking to capture volume is in jumbo lending, executives and analysts said. The company also launched temporary rate buydowns, which allows borrowers to receive lower mortgage rates at the beginning of their loan terms by using seller concessions as part of the payment.

Mortgages 418

Mortgages Equity Loans Seller concession 418

HomeLight

NOVEMBER 10, 2021

When you sell your house without the help of a real estate agent, you’ll save money on commission fees but won’t escape closing costs entirely. The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission. Seller FSBO closing costs.

Closing costs 111

Closing costs Closing Title Title search 111

HomeLight

DECEMBER 2, 2021

Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. Accounting for your payoff amount will help you determine how much cash you’ll net after your home sale closes.

Seller concession 122

Seller concession Staging Inspection Renovation 122

Realtor.com

DECEMBER 10, 2020

But even in a seller’s market, there are myriad opportunities to negotiate, from requesting home repairs to offering a speedy closing. Tailoring your offer to meet the holistic needs of the seller is usually the best strategy getting your offer accepted,” says Ryan Dibble , chief operating officer of real estate startup Flyhomes.

Closing costs 142

Closing costs Inspection Closing Rent back 142

Realty Biz

JULY 31, 2023

Cash for the down payment, cash for closing costs, cash for repairs, cash for operating reserves. The higher the risk of the borrower defaulting, the more the lender must charge to justify the risk, and the less money they’ll lend against the same collateral. Not all sellers will consider it, of course.

Seller concession 82

Seller concession Renovation Closing costs Equity 82

McKissock

JUNE 14, 2022

Appraisers should pay close attention to various current events that may indicate a softening or imbalanced market, or conversely, a robust, healthy real estate market. Increase in seller concessions. A change in the prevalence of seller concessions within the market provides insight into current and changing market conditions.

Seller concession 75

Seller concession Marketing Lending Renovation 75

Redfin

MARCH 3, 2022

Once your offer has been accepted, the excitement kicks in, and the countdown to closing begins. But before you can get your keys, you’ll want to be cautious of any roadblocks or setbacks that could cause a delayed closing and postpone your move-in date. So how can you avoid a delayed closing? What does delayed closing mean?

Closing 63

Closing Title search Purchase and sale agreement Title 63

HomeLight

APRIL 17, 2024

Both promise to buy your home for cash, and close quickly. This enables you to skip many of the typical hassles of selling a house (repairs, showings, open houses), and close in as little as 10 days. They also offer a home listing option for home sellers. Like Opendoor, they also offer a home listing option for sellers.

Seller concession 115

Seller concession Inspection Rent back Closing 115

Real Trends

OCTOBER 16, 2023

Homebuyers using a variety of mortgage loans to finance their home purchase are eligible to use assistance options to help with their down payment and/or closing costs. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. Let’s use $10,000 as an example.

Agents 105

Agents Seller concession Closing costs Mortgages 105

HomeLight

NOVEMBER 30, 2022

When you choose well, your real estate agent will be your guide as you find your perfect home and make it to the closing table. Lending emotional support during the process. Attending the closing and ensuring it goes smoothly. See related story: Can a Realtor Represent Both the Seller and Buyer? Real Estate Agent.

Agents 111

Agents Purchase and sale agreement Technology Seller concession 111

HomeLight

APRIL 29, 2022

HomeLight offers: Agent Match : Analyzes millions of home sales, thousands of reviews, and other factors, including a real estate agent’s sale-to-list price ratio and how that maps to local price trends to put more money in your wallet at closing. Trade-In allows you to close and move on your timeline. For a 1%-1.5%

Agents 105

Agents MLS Home sale contingency Closing 105