Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Finance a loan, and you may lose money. Avoid financing, and you risk missing out on a sales growth opportunity. This loan type offers up to $2 million in financing.

Loans 295

Loans Mortgages Equity Construction 295

HomeLight

JULY 12, 2022

Currently accepting new clients. With a degree in finance from Penn State, Delaware agent Michael Kennedy is quick to provide his clients with an Excel spreadsheet that includes net projections. Seller concessions. Home sales tend to involve several rounds of negotiation between the buyer and seller. Transactions.

Seller concession 111

Seller concession Closing costs Renovation Title search 111

HomeLight

APRIL 14, 2023

Agent commissions take the largest chunk out of the seller’s profits. Other closing costs generally incurred by California home sellers include transfer taxes , property taxes, and mortgage loan payoff. But Navarro cautions that seller concessions vary by county in California because the real estate markets differ. “In

Closing costs 105

Closing costs Closing Purchase and sale agreement Title 105

HomeLight

APRIL 14, 2023

This process takes away the stress and uncertainty that comes with listing your home traditionally and dealing with buyers who come with contingencies and want seller concessions. That doesn’t mean that you won’t get an acceptable offer, but “the cash buyer just has a little bit more leverage than someone who’s financing.”

Sales 104

Sales Due diligence Agents Closing 104

HomeLight

AUGUST 28, 2020

I’ve never purchased a home without the seller paying at least 3%,” he adds. In fact, Boyles says it’s common for builders to offer points for new constructions as a way to incentivize buyers. A seller concession may be the best of both worlds for the savvy homebuyer. Plus, it rarely hurts to ask!

Mortgages 98

Mortgages Loan Officer Loans Seller concession 98

Marco Santarelli

AUGUST 2, 2024

Potential Long-Term Effects on Housing Supply The long-term consequences of these shifting dynamics may lead to: Decrease in New Construction : Builders may become reluctant to break ground on new developments due to uncertainty about future market conditions. Q7: How can high interest rates lead to decreased home construction?

Marketing 52

Marketing Seller concession Investor Principal 52

HomeLight

APRIL 26, 2023

Not having agent representation could also lead to paying more in seller concessions. 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. Overpricing or underpricing.

MLS 97

MLS Agents Sales Closing 97