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How To Calculate Property Tax: What Homeowners Should Know About How to Estimate Property Taxes

How To Calculate Property Tax: What Homeowners Should Know About How to Estimate Property Taxes

by Third Party | Feb 9, 2022 | Mortgage Information, Real Estate Agent Tools

Source: Realtor —  Need to know how to estimate property taxes? You’ve come to the right place! Most people know that homeownership requires coughing up copious amounts of money. There’s your mortgage, of course, but the costs hardly end there. You will also...
Real Estate Commissions Being Squeezed in U.S. Over Last 4 Years

Real Estate Commissions Being Squeezed in U.S. Over Last 4 Years

by Third Party | Feb 8, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: World Property Journal —  National property broker Redfin is reporting the typical commission rate paid to brokerages representing homebuyers in the U.S. has fallen to its lowest point in at least four years. Redfin found the typical U.S. buyer’s...
COULD BITCOIN REAL ESTATE TRANSACTIONS BECOME MAINSTREAM?

COULD BITCOIN REAL ESTATE TRANSACTIONS BECOME MAINSTREAM?

by Third Party | Feb 7, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: RISMedia —  With the rising normalization of cryptocurrencies in our marketplaces, it’s no surprise that crypto has found its way into real estate. In fact, the first commercial property in New York has been put on the market exclusively for Bitcoin—29...
What Is a Lien on a House?

What Is a Lien on a House?

by Third Party | Feb 7, 2022 | Mortgage Information, Real Estate Agent Tools

Source: Point 2 Homes —  Understanding How Liens Work A property lien is a legal claim against a property, allowing the creditor to use it as collateral to collect what they’re owed if the debtor cannot make payments. Consider this common scenario to better...
Most Equity Rich Homes in 2021 Located in Western U.S.

Most Equity Rich Homes in 2021 Located in Western U.S.

by Third Party | Feb 7, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: World Property Journal —  According to ATTOM Data’s fourth-quarter 2021 U.S. Home Equity & Underwater Report, 41.9 percent of mortgaged residential properties in the United States were considered equity-rich in the fourth quarter, meaning that...
Housing wealth is setting new records for both owners and sellers

Housing wealth is setting new records for both owners and sellers

by Third Party | Feb 6, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: CNBC —  The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth. What they choose to do with it could have impacts on the broader economy.  Annual home price gains averaged 15%...
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