Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales 100

Sales MLS Short sale Residential 100

Realty Biz

SEPTEMBER 23, 2023

Understanding the mortgage process, including prequalification and pre-approval, is also essential. Whether it's residential, commercial, or investment properties, working with an agent with expertise in your desired area can be highly beneficial. It is essential to prepare for the mortgage pre-approval process.

Purchase and sale agreement 70

Purchase and sale agreement Pre-approval Agents Pre-qualification 70

HomeLight

JANUARY 13, 2022

An appraisal contingency allows a buyer to walk away from a sale if after an appraisal is completed if the value of the home is found to be less than the purchase price. You’ll likely need this type of contingency even if you’ve been preapproved for a mortgage as that process does not guarantee that you’ll get a loan.

Backup offer 97

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 97

Realty Biz

FEBRUARY 5, 2022

He left the real estate field in 1995 to focus on completing his law enforcement career and after retiring he returned in 2007 as a Sales Associate and later Broker Associate. In his return to real estate, he also obtained his Mortgage Broker’s license as well to better serve his customer needs.

Residential 80

Residential Short sale Principal Brokerage 80

Real Trends

JANUARY 25, 2023

After a record-setting year in 2021, when homes sold within hours of being listed, the market cooled drastically in 2022 as mortgage rates rose. Agents might want to focus on wealthy buyers or investors in private property or commercial real estate with or without investment property loans.

Homeowner’s association 79

Homeowner’s association Finance Agents Short sale 79

Windemere Selling

NOVEMBER 8, 2021

They are specially trained to work with buyers through every step of the home-buyer process from mortgage to closing. Certified Commercial Investment Member ( CCIM ): Purchasing or leasing space for your business is different than finding a home for yourself or investment property.

Design 52

Design Commercial Short sale Land 52

RIS Media

NOVEMBER 15, 2020

Ballard trained hundreds of agents nationwide during the 2007-2010 subprime mortgage crisis in the short-sale and loss mitigation processes. Acquiring his broker’s licenses under the two-year experience cap, he has experience in residential buying and selling, as well as commercial leasing, buying and selling.

Short sale 64

Short sale Commercial Agents Residential 64

Realty Biz

NOVEMBER 14, 2023

Focus on Income-Producing Properties In times of market correction, income-generating properties such as multifamily units and commercial real estate tend to fare better than speculative residential investments. These assets can provide a steady cash flow even in a downturn.

Marketing 91

Marketing Due diligence Investor Finance 91

HomeLight

AUGUST 24, 2022

However, this buyer needs a mortgage to finance the deal, and that can take months. By contrast, a cash sale can be wrapped up in as few as 7 to 10 days since the transaction doesn’t require a lender’s involvement. mortgage process. Skip the appraisal. Inside the Florida cash home buyers market.

Purchase and sale agreement 111

Purchase and sale agreement Title search Proof of funds Title 111

The Close

DECEMBER 19, 2022

In most states, in order to facilitate real estate transactions involving the securing and enforcing of a lease on a residential or commercial property, the property manager must either own the property themselves or hold a real estate license. REDX Review: Why Smart Realtors Use REDX & Power Dialer. Become a Property Manager.

Agents 105

Agents Investor Property Management Development 105

HomeLight

FEBRUARY 4, 2022

If a homeowner is unable to make their mortgage payments, ultimately the bank can foreclose on the home. This happens in one of two ways : through the local court or sheriff’s office in a judicial foreclosure, or through the mortgage company in a power of sale or non-judicial foreclosure. Get to know Fannie Mae and Freddie Mac.

Agents 104

Agents Banks MLS Title 104

Marco Santarelli

JANUARY 25, 2023

Many people may find it difficult to make their mortgage payments during a recession, which can result in an increase in foreclosures and a decrease in property prices. Recessions in the real estate market can also cause a decline in the value of commercial buildings because tenants may find it difficult to keep paying the rent.

Commercial 52

Commercial Construction Short sale Agents 52

HomeLight

JANUARY 31, 2022

works on many sales of rental properties. Jacobs estimates that 90 to 95% of the commercial transaction he handles involves tenants staying with the property. The biggest drawback of waiting for your tenant’s lease to expire is the cost of paying a mortgage. Yes, you can sell a rental property with tenants living in it.

Purchase and sale agreement 98

Purchase and sale agreement Investor Sales Agents 98

HomeLight

APRIL 29, 2021

You don’t want to be responsible for a $12,000 or $13,000 mortgage every single month. According to a recent survey from CBRE, an American commercial real estate services and investment firm, the average cap rate for North American multi-family properties ranges from 5.20% to 5.49%. Source: (NeONBRAND / Unsplash).

Investor 111

Investor Purchase and sale agreement Agents Commercial 111

Marco Santarelli

AUGUST 27, 2020

For buyers, the inventory is relatively increasing and mortgage rates are lowest ever , so they should take advantage of scooping up their favorite deals which otherwise are taken away by seasoned investors in the bidding wars. The percent of delinquent mortgages in Las Vegas is 1.2%, which is higher than the national value of 1.1%.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

MARCH 15, 2021

In the past month, houses in the Philadelphia metro area sold for higher prices and that is mainly due to low mortgage rates and tight inventory. And as long as mortgages remain cheap, the real estate boom in Philly should continue into 2021. Current Foreclosure Rates for Philadelphia, Pa. There are no pet laws.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 21, 2021

due to robust housing demand and low mortgage rates. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in September. The percent of Detroit homeowners underwater on their mortgage is 34.4%, which is higher than Detroit-Warren-Dearborn Metro at 9.1%.

Marketing 111

Marketing Investor Residential Sales 111

Marco Santarelli

SEPTEMBER 5, 2020

As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. Short sales dropped -38.1%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

DECEMBER 20, 2020

This is why you need to find websites like LoopNet, Realtor.com, and Costar that offer only commercial and multi-family residential properties. In some cases, you can find multi-family investment properties for sale by searching the offerings of various real estate investment groups.

Sales 80

Sales MLS Renovation Investor 80

Housing Wire

FEBRUARY 5, 2025

Knowing about saving, budgeting, investing and mortgage financing will serve you well if you want to target renters who want to jump off the hamster wheel of paying rent, and who are ready to dip their toe into owning a property. Target first-time homebuyers by holding live webinars in cooperation with your favorite mortgage professional.

Commercial 264

Commercial Agents Development Renovation 264

Marco Santarelli

NOVEMBER 27, 2021

Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July. The percent of delinquent mortgages in Bakersfield is 1.5%, which is higher than the national value of 1.1%. Homes for Sale in Bakersfield. The median list price per square foot in Bakersfield is $146.

Marketing 97

Marketing Investor Sales As-is 97

Marco Santarelli

SEPTEMBER 11, 2021

Because of strong buyer demand, fueled by low mortgage rates, prices are rising steadily, making now an excellent time to be a seller or current homeowner. According to their statistics, in April 2020, the Indianapolis housing market was a seller’s market, which means there were roughly more buyers than there were active homes for sale.

Marketing 98

Marketing Investor Construction Sales 98

HomeLight

JULY 31, 2021

For example, during the Great Recession , home prices fell 13.9%, leaving many homeowners underwater on their mortgages (in other words, owing more than the home is worth). As you pay off your mortgage, you gain equity (that’s the portion of the home you own as opposed to what you still owe your lender) in your investment.

Investor 98

Investor Equity Renovation Mortgages 98

Marco Santarelli

SEPTEMBER 7, 2020

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%. The 15-year fixed-rate mortgage dropped to 2.44%. less than the 109 distressed sales in July 2019.

Marketing 126

Marketing Investor Sales As-is 126

Realty Biz

SEPTEMBER 23, 2021

Miami-Dade County real estate broke another record, posting its best August sales month in history as pent-up demand, more U.S. individuals and companies moving to South Florida, and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 104

Sales Fixed-rate mortgage Short sale Equity 104

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

McKissock

JULY 21, 2021

Getting preapproved for a home mortgage is another matter: That means that a lender has told the borrower, “We will lend you $X with the following terms.” So, one of my first questions will be, ‘Are you doing a mortgage or will it be cash?’ Even if one person is not as vocal, he or she may be key to closing the sale.”.

Purchase and sale agreement 52

Purchase and sale agreement Finance Mortgages Agents 52