Mortgage giants offering very low income homebuyers a spring break
Fannie Mae and Freddie Mac are offering a $2,500 credit this spring that borrowers can put toward their down payment, closing costs, escrow or mortgage insurance premiums
by Matt Carter Feb 7
Attorney title opinions could give title insurers a run for their money
SingleSource Property Solutions and Voxtur launch an alternative to title insurance that's designed with Fannie Mae and Freddie Mac's new guidelines in mind
by Matt Carter Aug 23
As mortgage lenders' costs rise, so do homebuyers' closing costs
Rising home prices and lender costs helped drive up homebuyers' closing costs by 13.4% in 2021, to an average of $6,905. Loan production expenses hit an all-time high during Q4 2021
by Matt Carter Apr 22
CoreLogic to acquire automated closing costs firm ClosingCorp
The deal is expected to close in the third quarter if it receives regulatory approvals and meets 'customary closing conditions,' the California-based company said in a statement
Stand out: 9 contract terms that sellers love
Opinion
In low-inventory, ultra-competitive markets like the one we're currently experiencing, buyers and their agents are coming up with a host of creative contract terms to help sway sellers
by Cara Ameer Jun 29
15 tactics to help your buyer's offer stand out to sellers
Building relationships with the listing agents and addressing price, time, convenience and certainty can position buyers to win the home
by Jimmy Burgess May 2
A family holding coins in the palms of their layered hands
Lender aims to help more than 60,000 low- and moderate-income homebuyers with low down payment mortgages, as well as down payment and closing cost grants
How to handle buyer's agent commissions when a seller won't pay
Though still relatively rare today, some agents foresee a future in which buyers are more directly responsible for their agents' commissions. That could pose a challenge for buyers — though some agents have already figured out solutions
by Jim Dalrymple II Nov 30
Here are the hidden costs of homeselling you should disclose to clients
There are a lot of hidden costs that go into closing — and many sellers aren't aware of them. That's why it's your job as the listing agent to educate them on what's to come and keep the process running smoothly
by Luke Babich Oct 17
Down payment assistance programs remain strong during pandemic
According to Down Payment Resource's latest report, 81% of down payment assistance programs in Q3 still had funding for homebuyers
by Marian McPherson Sep 11
32% of first-time buyers get financial help from a relative or friend: NAR
Limited income was the most cited factor holding back non-homeowners from saving, according to a new survey released Thursday by the National Association of Realtors
by Andrea V. Brambila Apr 17
Why isn't buying a house more like shopping at Amazon?
Opinion
There's no rhyme or reason in the world why the homebuying and selling process should be so archaic and inefficient for consumers
by Subrao Shenoy Mar 3
8 questions agents should expect at every listing appointment
Anticipate, prepare, plan, and practice your responses again and again
by Cara Ameer Apr 12
15 money-saving tips for first-time homebuyers
Save and share this helpful infographic with your clients
by Jake Durtschi Jun 27