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Reverse mortgages explained

Reverse mortgages explained

by Third Party | Nov 23, 2022 | Mortgage Information, Real Estate Agent Tools

Source: Observer Reporter —  Q. With reference to a recent column in which the reader said she had lost her home to a reverse mortgage, there are two primary ways this can happen, and I want to explain how to avoid this so that it never happens to any other...
mortgages Zero-down loans for homebuyers preparing to go expansion route

mortgages Zero-down loans for homebuyers preparing to go expansion route

by Third Party | Nov 22, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools

Source: Insurance News Net —  Nearly a year into a special lending program aimed at underserved homebuyers, the initiative is soon to expand from a few banks to mainstream, nonbanking lenders. Could these good intentions be the beginning of our next lending...
Thinking of Buying a Home? Here’s Why You Should Offer Less Than Asking

Thinking of Buying a Home? Here’s Why You Should Offer Less Than Asking

by Third Party | Nov 22, 2022 | Real Estate Agent Tools, Real Estate News

Source: The Ascent —  2022 has been a bad year to be an aspiring homeowner (and until fairly recently, it was a pretty good year to be a home seller). And it’s not clear whether it will get easier in 2023, either. That said, the housing market tide may be...
The Best Day to Browse Discounted Real Estate Listings

The Best Day to Browse Discounted Real Estate Listings

by Third Party | Nov 22, 2022 | Real Estate Agent Tools, Real Estate News

Source: Life Hacker —  Though some are quick to assume that if a home has been on the market for more than a week or two, something has to be wrong with it—especially if its listing price drops—that’s not necessarily the case.   Sellers may opt to reduce the...
Institutions Increase Target Allocations To Real Estate

Institutions Increase Target Allocations To Real Estate

by Third Party | Nov 22, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Business Plus —  Institutions continue to increase target allocations to real estate, with the expectation that attractive buying opportunities will emerge over the next several years. That’s according to the 10th annual Institutional Real Estate...
One-Third of Recent Homebuyers Still Don’t ‘Shop Around’ for Mortgages

One-Third of Recent Homebuyers Still Don’t ‘Shop Around’ for Mortgages

by Third Party | Nov 21, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools

Source: Fannie Mae —  For potential homebuyers, obtaining multiple mortgage quotes may not be as exciting as searching for the physical home itself, but research has shown that “shopping around” with different lenders for the best possible mortgage...
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