Housing Wire

DECEMBER 22, 2022

Powerful House Financial Services Committee Chairwoman Maxine Waters wants regulators to closely scrutinize the proposed $13 billion purchase of Black Knight by Intercontinental Exchange (ICE). He said they provide customers the option of selecting multi-year agreements with built-in price projections.

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Purchase and sale agreement Technology Loans Mortgages 476

Housing Wire

APRIL 11, 2023

Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. They also help to prevent fraud and ensure that the sale is conducted legally and ethically. You can obtain a title through purchase, inheritance or other legal means.

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Title search Title Purchase and sale agreement Preliminary report 397

Housing Wire

MAY 26, 2021

PHH Mortgage will pay roughly $607 million, “subject to adjustment for run-off prior to the date of closing, and will reimburse AmeriHome for outstanding servicing advances,” Ocwen said in a statement filed to the Securities and Exchange Commission on Monday. Technology for navigating secondary market challenges.

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Purchase and sale agreement Banks Lending Loans 418

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. That offering, Unlock HEA Trust 2023-1, is slated to close this week.

Equity 448

Equity Purchase and sale agreement Marketing Lending 448

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. The reperforming-loan sale is slated to close by late October 2022, after due-diligence period. Presented by: FundingShield. billion.

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Loans Purchase and sale agreement Principal Due diligence 397

Housing Wire

SEPTEMBER 8, 2023

If you’re in the real estate industry, you certainly know that the average time from mortgage application to closing has been hovering around 50 days. Much of that average time to close tends to pile up in the title and settlement stage of the process. More closings are happening remotely via convenient, digital processes.

Title 418

Title Purchase and sale agreement Technology Closing 418

Housing Wire

APRIL 1, 2024

In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period. Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In billion have been completed.

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Equity Finance Purchase and sale agreement Investor 468

Housing Wire

FEBRUARY 9, 2022

Yet, there remains a dark cloud over the general perception of the part of the process that occurs somewhere between the signing of the sales agreement and the exchange of house keys — the mortgage approval and settlement/closing process. Not when one doesn’t need a wallet or even a credit card to make a purchase elsewhere.

Industrial 418

Industrial Purchase and sale agreement Pre-approval Banks 418

Housing Wire

MAY 11, 2021

billion in closed loan volume in the first quarter, down from the $54.7 According to the wholesale giant ‘s quarterly earning statement, UWM posted a gain-on-sale margin of 2.19%, an 86 basis point decline from the 3.05% margin it posted in the fourth quarter. . billion in purchase mortgages, up slightly from the $12.1

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Purchase and sale agreement Mortgages Industrial Technology 397

Housing Wire

MARCH 24, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors.

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Purchase and sale agreement Loans Loan Officer Mortgages 397

Housing Wire

AUGUST 24, 2023

at the closing on Thursday. from the previous close of $17.45 But Better’s debut came at a low point in the mortgage market, with mortgage rates at their highest levels in more than two decades and historically low levels of home sales. The agreement reduced SoftBank’s maximum commitment to $550 million.

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Purchase and sale agreement Title Mortgages Equity 370

Housing Wire

MAY 26, 2023

More often than not, the small firms that become big, or the mid-cap businesses that eventually make a public offering, can explain their growth by using a new technology , business model or even product in a way that not only differentiates them during market turbulence, but positions them for sustainable success when the tide turns.

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Title Marketing Purchase and sale agreement Commercial 370

Housing Wire

SEPTEMBER 6, 2023

Portals: These destinations become marketplaces that integrate the supply chain and allow consumers and their advisors to choose and close within minutes – not months. Audience assets will be valued based on transaction volumes and bundles of listings, lending, loan sales and servicing and trading content.

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Purchase and sale agreement Title Mortgages Lending 370

Housing Wire

AUGUST 1, 2023

The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $670 billion in mortgages in 2020 and 2021, smashing records in the process. Its parent Rocket Companies rode the wave to a stunning $9.4 billion in profit in 2020 and $6.1 billion in 2021.

Loan Officer 370

Loan Officer Purchase and sale agreement Loans Mortgages 370

Housing Wire

AUGUST 28, 2023

CEO Vishal Garg said in an interview with HousingWire that the company targets mortgage marketplace and white-label technology models. billion in production volume in the first half of 2023, refis accounted for $131 million and purchase loans consisted of $1.6 million in Q1, the digital lender reported an improved net loss of $45.5

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Purchase and sale agreement Loans Banks Finance 370

Housing Wire

JULY 13, 2021

Guaranteed Rate, the Chicago-based mortgage lender , and Compass, the New York City-headquartered residential real estate brokerage , “entered into a definitive agreement to form OriginPoint , a new mortgage origination company,” according to a press release Tuesday. 2 brokerages in residential sales volume nationally – and bitter rivals.

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Purchase and sale agreement Brokerage Loan Officer Residential 305

GeekEstate

OCTOBER 29, 2021

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This market map real estate technology companies operating across every phase of the home purchase value chain. As such, we’ve included the Blend logo in those areas.

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Technology Marketing Purchase and sale agreement Equity 136

The Close

NOVEMBER 7, 2024

While The Close likes to keep our articles short, this topic needs a bit more explanation, but trust us, it will be worth your while. Have a clear investment strategy and long-term goals before purchasing. Next, draft an operating agreement that outlines your company’s purpose, structure, and governance.

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Hard money loan Purchase and sale agreement Investor Due diligence 98

Housing Wire

DECEMBER 8, 2023

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). Student Support: Support is available seven days a week via chat, email, and phone/ When you have questions, we have answers.

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HR Purchase and sale agreement Pre-approval Staging 434

HomeLight

MAY 24, 2022

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. Sellers tend to prefer all-cash offers because those deals close more quickly. He estimates that on a $200,000 house, you could save between $5,000 and $6,000 in closing costs.

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Purchase and sale agreement Closing Title search Title 111

Toronto Realty Blog

NOVEMBER 14, 2024

If a property sold for $2,000,000 but there was $100,000 worth of chattels included, then we would want the historical MLS to reflect this so we can continue to accurately evaluate properties via “comparable sales.” Do you see where this is going? Do you see the implications? How would this ever be enforced by TRREB?

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MLS Purchase and sale agreement Staging Agents 98

Realty Biz

JANUARY 19, 2024

From three decades working as a Realtor, there are common denominators for first-time home buyers going through the purchase process with ease. This includes understanding the terminology, legal aspects, and financial considerations of purchasing a property. Take a close look at your income, expenses, and existing debts.

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Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

HomeLight

MAY 27, 2021

In a home sale, the occupancy date is when a buyer has the legal right to move into their newly purchased home. According to the Federal Trade Commission (FTC), closing, or settlement , occurs when ownership transfers from the seller to the buyer. Understand the closing timeline — and when you have to move out.

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Purchase and sale agreement Closing Staging Loans 100

HomeLight

AUGUST 30, 2024

In this post, we explore the average time to sell a house in Utah and share proven strategies that can speed up your home sale in the Beehive State. In a larger market like Salt Lake, a home may receive a signed purchase agreement in less than 30 days, while in a smaller market like Draper, it might take two months.

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Purchase and sale agreement Closing Sales Agents 108

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Receive your offer within a week and close in as little as 10 days.

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Sales Purchase and sale agreement Earnest money deposit Investor 93

RIS Media

APRIL 15, 2021

In real estate’s latest power move to claim the industry’s data and convert it into an all-in-one service, CoStar has reached an agreement to acquire home-search portal Homes.com for $156M in cash. According to CoStar, the transaction should close in mid 2021, “subject to customary closing conditions and regulatory review.”

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Purchase and sale agreement Residential Brokerage Technology 122

RIS Media

AUGUST 18, 2021

Furthermore, over 500 brokerages have renewed their franchise agreements. These commitments to the brand preceded an acquisition by RE/MAX , LLC with the purchase of the North American regions of RE/MAX INTEGRA announced recently. In the second quarter, RE/MAX sold over 50 franchises in the U.S. and Canada and over 175 outside the U.S.

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Purchase and sale agreement Branding Brokerage Technology 98

HomeLight

AUGUST 30, 2021

Or maybe, you signed a purchase agreement with a real estate agent and have heard nothing but crickets since. For added insight on what constitutes a “good agent,” we interviewed top real estate agent Jason Farris who completes 11% more home sales than the average agent in Fresno, California. Source: (Surface / Unsplash).

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Purchase and sale agreement Earnest money deposit Agents Staging 105

RIS Media

SEPTEMBER 29, 2020

Chicago-based @properties announced that it is launching a national franchise brand to offer broker/owners and agents access to the firm’s technology, marketing, training and business-development systems that have made it one of the top 10 brokerage firms in the country as an independent. 1 seller of new construction).

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Purchase and sale agreement Brokerage Branding Technology 106

Toronto Realty Blog

APRIL 3, 2025

Here’s the article: “This Condo Investor Is Being Sued For $860,000 For Failing To Close. He said the agent promised he would find a new buyer to take over the deal before the closing date, when condo prices would be even higher. Back in 2004, you could purchase a pre-construction condo with 5-10% down.

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Construction Development Purchase and sale agreement Banks 72

Lab Coat Agents

JANUARY 9, 2025

The upcoming updates aim to: Close loopholes exploited by lead generation companies. What You Need to Know: Before : Agents could rely on blanket permissions or purchased leads that included general consent for communication. Stricter Rules on Lead Generation Purchasing lead lists? Be careful. Save the response as documentation.

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Agents Purchase and sale agreement Technology Design 98

RIS Media

APRIL 8, 2021

a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty, recently announced that it has signed a definitive agreement to acquire hyperlocal data and technology platform, LiveBy, Inc. The purchase price is expected to be approximately $9.0 Fathom Holdings Inc. , million in cash and $6.0

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Purchase and sale agreement Brokerage Technology Industrial 103

RIS Media

OCTOBER 4, 2020

They were forced to focus on finding and implementing technology solutions and easy-to-manage processes their agents could utilize in order to keep their businesses moving forward. HomeSmart International was built on technology. No more competing pieces of technology that don’t speak to one another.

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Brokerage Technology Purchase and sale agreement Branding 116

HomeLight

SEPTEMBER 30, 2021

Though homebuyers tend to begin their search online , 89% of them ultimately purchase their home through a Realtor®. Realtor® fees cover the cost of both buyer’s agents and listing agents for home purchases. Other closing fees. These fees are a percentage of the home’s sale price, usually around 5%-6%. How much are they?

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Purchase and sale agreement Agents Closing Sales 105

HomeLight

JULY 12, 2022

If you are thinking about selling your home, those low-hassle, convenient, fast-sale pitches may pique your interest. You may be curious about getting an online quote for the sale of your home. These buyers will provide an online quote to purchase your home—often sight-unseen. Like you, they thought there had to be a catch.

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Purchase and sale agreement Investor Equity Sales 109

HomeLight

MARCH 16, 2021

You’re finally ready to purchase your first home. Source: (LinkedIn Sales Navigator / Unsplash). Use technology. Finding an agent can be overwhelming, but technological advancements have simplified this process. Do some driving around the area where you want to purchase a home and take note of any signs in yards.

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Agents Purchase and sale agreement Brokerage Design 111

Broke Agent Media

FEBRUARY 23, 2023

What do you give as a closing gift? Here’s how RBN put it on their website: To our surprise, and despite consumers doing more of their initial research online, 89% of buyers still purchased their home through a real estate agent. Here’s how they put it: RBN respects existing written agreements with real estate agents.

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Purchase and sale agreement Brokerage Agents Technology 98