HomeLight

AUGUST 31, 2022

To help you examine your equity’s potential to enhance your financial situation, we’ve asked industry experts to explain the options. What qualifications do I have to meet to access my home’s equity? With that knowledge, you can be prepared to make the most out of the equity in your most valuable investment.

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Equity Finance Loans Closing costs 105

Kyle Handy

APRIL 8, 2023

To successfully navigate this path, it’s important to understand the necessary steps and requirements to obtain your license and start your journey in the real estate industry. Each aspiring agent must complete 180 classroom hours of pre-licensing education covering real estate finance, contract law, and real estate principles.

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Pre-qualification Pre-approval Agents Finance 82

BAM Media

JULY 2, 2024

It’s an acronym that provides a framework for conversations around buyer qualification. I’m not a big fan of asking, “ Hey, are you pre-approved ? If they say no, and they’ve been pre-approved with enough cash to put down, great! For industry news, edutainment, and humor, sign up for the BAM newsletter.

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Pre-approval Debt-to-income ratio Pre-qualification Purchase and sale agreement 52

Toronto Realty Blog

MARCH 28, 2024

Those who know me – at least, through TRB, are fully aware of my thoughts on pre-construction condos, the pre-construction condo industry, and the way that pre-construction condos are sold and eventually built. Your “Buying Pre-Construction Condos and CAKE! Well, colour me flattered ! It made sense.

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Pre-qualification Marketing Construction Development 76

Realty Biz

FEBRUARY 16, 2024

Are there any other exciting jobs in real estate besides experienced local realtors and brokers in the industry? You need to finish a state-approved pre-licensing real estate course. Complete a pre-licensing education (varies from state to state but usually lasts around 135 hours) and pass a state licensing exam.

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Pre-qualification Pre-approval Property Management Residential 85

Realty Biz

MAY 25, 2023

Here are several ways in which chatbots can assist real estate agents: Lead Generation: Chatbots can automate lead capture and qualification processes. Mortgage and Financing Assistance: Chatbots can assist clients in calculating mortgage affordability, estimating monthly payments, and explaining financing options.

Technology 78

Technology Agents Pre-qualification Finance 78

Kyle Handy

MAY 5, 2023

Additionally, with the constantly evolving real estate landscape, staying updated on the latest industry trends and regulations is crucial, making it even more challenging to kickstart your career. Once you have completed your required pre-license education, you will be well on your way to becoming a real estate agent in California.

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Pre-approval Pre-qualification Agents Brokerage 80

Realty Biz

OCTOBER 10, 2023

The industry encompasses various roles, from entry-level to specialized and advanced leadership positions. Exploring Career Paths in Real Estate Development If you are considering a career in real estate development, exploring the various career paths available in this industry is essential.

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Development Pre-qualification Industrial Technology 89

Ryan Serhant

APRIL 15, 2022

A thriving economy coupled with affordable housing makes Texas the poster child for the national housing industry. . Meet the pre-qualifications. Meet the pre-qualifications. In Texas, you need to meet some pre-qualifications before you can start your real estate licensure journey. Find a sponsor.

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Pre-qualification Pre-approval Brokerage Agents 52

RIS Media

SEPTEMBER 21, 2020

The homebuying process is already complex, so understanding certain words and terms in the real estate industry will help you get ahead of the game for when you’re ready to start buying. Contingencies : Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc.

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Pre-approval Pre-qualification Title search Inspection 90

HomeLight

AUGUST 31, 2020

VA loans also offer even more benefits, like better interest rates and less strident qualifications — but as the name indicates, they are only available to current military members or veterans (or their spouses). USDA Rural Development loans also allow for 100% financing (or 0% down). down and a minimum credit score of 580.

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Debt-to-income ratio FHA loan Pre-qualification VA loan 93

RIS Media

AUGUST 5, 2020

The 2019 – 2020 State of Asia America Report , an annual AREAA publication, provides a snapshot of the state of AAPI homeownership pre-COVID-19. A desire to avoid the additional paperwork and requirements of FHA loans, or sellers’ aversion to working with FHA-financed buyers in highly competitive markets.

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VA loan FHA loan Pre-qualification Pre-approval 95

Housing Wire

DECEMBER 28, 2023

According to data from Ingenius , tens of thousands of loan officers exited the industry in 2023. But the industry was on a roller coaster with rates climbing near 7% in February and hitting 8% in October as the central bank battled to bring down high inflation. An additional 21% closed 1.5 It all put more pressure on affordability.

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Loans FHA loan Mortgages Loan Officer 441

Realty Biz

JUNE 15, 2021

This has also led to a surge among professionals wanting to change their profession to consider the real estate industry as a positive choice for a new vocation. The ability to work for yourself in the industry is a big part of what you want to be doing. Is a Career in Real Estate Right for You? Switch Careers and Become a Realtor.

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Agents Pre-qualification Development Industrial 92

HomeLight

JULY 30, 2021

New Mexico agent Valerie Almanzar , who has more than 15 years of experience in the real estate industry, says that while rent-to-own properties aren’t the norm these days, they can and do still happen. “If The seller can determine the terms of the option, which may or may not include a pre-set purchase price for the home.

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Purchase and sale agreement Debt-to-income ratio Pre-qualification Inspection 98

HomeLight

MAY 31, 2021

According to California real estate agent Mark Moskowitz , who has nearly 30 years of experience in the industry, buyers should be talking to their lenders about how to get the most out of every dollar — which leads us to question #2…. The minimum down payment can be as low as 3%, but that is contingent on the buyer’s qualifications.

Mortgages 85

Mortgages Debt-to-income ratio Loans Closing costs 85

HomeLight

FEBRUARY 26, 2021

Consider this your residential appraisal walkthrough, covering an appraiser’s general qualifications, how these professionals calculate value, and some common misperceptions about residential appraisals. Source: (Tetiana SHYSHKINA / Unsplash). Starting the appraisal process. Source: (Mateus Campos Felipe / Unsplash).

Residential 93

Residential Pre-qualification Sales As-is 93

HomeLight

OCTOBER 9, 2023

4 expert tips before you shop for a home Tip 1: Start planning early Top Las Vegas agent Rebecca McKenna-Inman has more than 22 years of experience in the industry. I see so many offers come across my desk without pre-qualification letters,” he says. “A

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Pre-qualification Pre-approval Agents Loans 111

Housing Wire

DECEMBER 29, 2023

With so many approved, online options to choose from, we’ve pinpointed the best online real estate courses in New York using criteria that matter most to you: flexibility to fit your schedule, a price that fits your budget, and a course that’ll prepare you to ace the exam and start your new career with confidence and industry savvy.

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Pre-approval Agents Development Technology 430

HomeLight

JANUARY 4, 2022

Going with a cash offer primarily because it’s easy and low-hassle isn’t unheard of anymore, and in some markets, certain types of cash buyers are getting closer to offering market value than normal , industry data from zavvie shows. A 2022 market survey conducted by HomeLight echoes that cash is here to stay. Who’s paying cash for houses?

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Investor Finance Inspection Sales 98

HomeLight

DECEMBER 15, 2021

All publicly listed properties can be found on the MLS, from single-family homes and condos to foreclosures or pre-foreclosures. What about foreclosures and pre-foreclosures? A pre-foreclosure means the owner is in arrears on their payments, but the bank has not officially foreclosed on the property. Health concerns.

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MLS Pre-qualification Purchase and sale agreement Agents 98

Marco Santarelli

APRIL 6, 2023

A Healthy Meal Prep Delivery Service can offer customers a range of healthy meals that are pre-cooked, portioned, and ready to eat. Starting a Mental Health Coaching and Therapy Services business requires specialized training and qualifications in mental health counseling or therapy. That's where this business idea comes in.

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Development Design Technology As-is 52

The Close

JULY 25, 2024

Be transparent about the buyer’s financing situation, ensuring the listing agent and seller will understand all the terms of the offer and what makes your buyer stand out from the competition. We are making this purchase [describe the financing situation objectively, e.g., preapproved for a mortgage, able to make a cash offer].

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Earnest money deposit Agents Inspection Finance 73

Real Trends

APRIL 27, 2023

They update you about their financing, and they send you listings they’ve seen online. Whether you’re new, newer or experienced, using buyer and seller pre-qualification scripts will cure this issue! Real buyers are responsive; they call you as soon as they see the right house. Your greatest resource is your time.”

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Earnest money deposit Pre-qualification Agents Inspection 88

HomeLight

APRIL 30, 2022

Beyond standard MLS listings, home search apps can offer a deep dive into data to help you research, bid, buy, finance, insure, and even renovate your new home. Apps that educate homebuyers on financing, insurance, and maintenance costs can improve the home purchase process. Apps that assist the homebuying process. Mortgage portals.

Closing 105

Closing MLS Pre-qualification Technology 105

HomeLight

AUGUST 31, 2021

We talked to agents, builders, and other top industry experts to develop this guide that’ll help you make the most out of working with an agent on your new-home purchase and to find out what they can do for you. Assistance finding the best financing for you. Assistance finding the best financing for you. Shop for your loan.

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Agents New Construction Purchase and sale agreement Construction 128

HomeLight

DECEMBER 14, 2021

Be sure and ask any agent that you’re interviewing about these qualifications. Pre-listing or when looking at houses, and when evaluating offers.In But note that Realtors® are members of the National Association of Realtors and who are bound by the Realtor® Code of Ethics. They’ll bring this integrity to the table during negotiations.

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Pre-qualification Earnest money deposit Agents Days on market 111

HomeLight

JULY 18, 2022

This is the show where you’ll learn what’s working right now from the best real estate agents and industry experts in the country. Then my lender will do a whole section on financing, pre-approval. What is a pre-approval versus just getting like a pre-qualification? This is a weekly podcast.

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Agents Pre-approval Pre-qualification Closing 111

Patch of Land

NOVEMBER 1, 2017

Prices in 27 states as of this past March had surpassed peaks reached prior to the housing crisis, and 10 states were within 5 percent of their pre-crisis peaks. Although rising mortgage rates are a concern, low unemployment, improved wage growth and generally strong consumer confidence are working in the mortgage industry’s favor.

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Pre-qualification Lending Loans Fixed-rate mortgage 28

HomeLight

DECEMBER 6, 2022

Murphy says some New Jersey towns offer full-day pre-K. She explains that people browsing online are prompted to click on links to obtain more information, schedule a showing, or get financing. This is standard industry practice among agents. Don’t overlook pertinent facts about your surrounding area or school district.

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Purchase and sale agreement MLS Pre-approval Agents 103

Toronto Realty Blog

APRIL 16, 2021

If the stress-test qualification goes up to 5.75%, they would not be able to make the payments of $2,860.41. Pre-pandemic, she was out four nights per week, taking in all of Toronto’s best restaurants, bars, and nightlife, most of which she shared on her Instagram account, all of which garnered serious “likes.”

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Pre-qualification Development As-is Marketing 65

HomeLight

DECEMBER 14, 2021

Be sure and ask any agent that you’re interviewing about their qualifications. Pre-listing or when looking at houses, and when evaluating offers.In This integrity has likely led to a good reputation and the respect of their peers — which might be measured by industry awards.They’ll bring this integrity to the table during negotiations.

Earnest money deposit 105

Earnest money deposit Agents Days on market Sales 105

HomeLight

APRIL 26, 2023

This is standard industry practice among agents. A bank statement will help weed out people who are just looking around and don’t have the qualifications to purchase your house from legitimate buyers who can obtain financing. Should you be present for showings? Require everything in writing. Look for a good real estate attorney.

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MLS Agents Sales Proof of funds 97

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. After all, great communication leads to closed deals. Construction loan.

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Purchase and sale agreement Title Proof of funds Pre-approval 98