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Mortgage delinquency rate falls to historic low

Housing Wire

million properties were in early-stage delinquencies, defined as borrowers who missed a single mortgage payment, which is a slight increase of 0.2% With fewer new borrowers becoming delinquent, both overall and early-stage delinquency rates continue to trend downward.”. A total of 1.46 from April due to typical seasonal patterns.

Mortgages 531
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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Staging Costs. According to HomeAdvisor , the average seller pays almost $1,500 in staging costs. Home improvements and renovations are also important to buyers. Real Estate Commission.

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Selling your home? Here’s how to do it fast!

Housing Wire

Four renovations to consider before selling your house. Staging your home — or making it look as appealing and move-in ready as possible — can make a huge impact on its marketability. Over 40% of buyer’s agents say staging increases a home’s offer price by anywhere from 1 to 20%. More for Real Estate Enthusiasts. Another perk?

Staging 493
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New AI-powered homeowner platform aids with sales and maintenance tasks

Housing Wire

Exuma believes that the platform will provide transformative change to every stage of homeownership. “My An AI assistant called Revana will provide personalized help with renovations, installations and maintenance.

Sales 448
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Why HELOCs are growing more popular

Housing Wire

HELOCs have continued to set the stage as flexible, helpful products that provide quick access to financing for a multitude of uses including home renovations, debt consolidations or emergency purchases. Additionally, 65% of the total respondents are currently planning or have plans to renovate their homes within the next two years.

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Compass’s title firm runs into trouble in Washington

Housing Wire

Specifically, the state said that Modus used its partnership with “Staging Boost,” a platform that works with third-party vendor ZingFix to offer cleaning, landscaping, staging and listing preparation renovation with a deferred payment. ” Inman News first reported the planned license revocation.

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How to compete and win with your listing presentation (+ scripts)

Housing Wire

Step 1: Set the stage for success Real estate agents are famous for selling the importance of location, location, location. The location of your listing appointment sets the stage for your successful listing presentation, and the best opportunity for you to see the home is when you’re making your pitch.

Staging 435