Remove Closing Remove Residential Remove Seller concession
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

Rather, it’s an age-specific, federally-insured loan option that helps eligible buyers aged 62+ make a residential purchase while retaining more of their money than they could with a conventional mortgage or an all-cash purchase, generally leaving their savings and assets intact for retirement and any heirs.

Finance 436
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Despite a drop in mortgage shoppers, opportunities are out there: report

Housing Wire

In times as tough as these, mortgage lenders must be proactive in borrower outreach and find consumers’ home finance needs if they’re going to close a deal, a new report by mortgage relationship data company Sales Boomerang concludes. Rocket launched a similar product in September. Rocket launched a similar product in September.

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No ’horror stories’ from agents on the first weekend of NAR settlement changes

Housing Wire

When we got to the close of day on Friday, we were all kind of waiting to see if it was going to be a big event and then it wasn’t. Most sellers see the value of making sure their deal closes and are open to discussions of some participation in the buyer’s agent fee.” It doesn’t matter,” O’Koniewski said. “If

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Surging mortgage rates prompt borrowers to leave no stone unturned

Housing Wire

When borrowers show hesitancy due to high mortgage rates, loan officers work with options such as temporary rate buydowns, which allow homebuyers to receive lower mortgage rates at the start of their loan terms by using seller concessions as part of the payment. retail residential mortgage applications.

Mortgages 348
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Will new products stop the bleeding for mortgage lenders? 

Housing Wire

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. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.

Mortgages 401
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Show up, don’t show off: Laura O’Connor is redefining success in real estate

Housing Wire

HW: How important is it to educate clients about the “new normal” in residential real estate post-August 17? HW: Traditionally, metrics like deals closed and total volume have measured agents’ success. Show them our value today versus telling them how successful we’ve been in the past.

Branding 406
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Let’s Make a Deal! 7 Things You Can Negotiate When Buying a Home—Beyond the Asking Price

Realtor.com

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.