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This is why you need a mortgage pre-approval before shopping for a home

This is why you need a mortgage pre-approval before shopping for a home

by Third Party | Feb 27, 2023 | Mortgage Information, Real Estate Agent Tools

Source: CNBC —  If you’re ready to begin your home shopping journey, make sure you get a mortgage pre-approval first. A mortgage pre-approval letter is an essential step in the homebuying process. Without pre-approval, it might be difficult to determine your...
The mortgage rate you get depends partly on your credit score. Here’s what to expect

The mortgage rate you get depends partly on your credit score. Here’s what to expect

by Third Party | Feb 26, 2023 | Mortgage Information, Real Estate Agent Tools

Source: CNBC —  Anyone who’s exploring homeownership may know that rising interest rates and elevated home prices are making that goal challenging. The average rate on a typical 30-year, fixed-rate mortgage has been zigzagging between 6% and 7% for the last...
ChatGPT and Artificial Intelligence have proven to be ‘a super assistant’ for real estate market: Broker

ChatGPT and Artificial Intelligence have proven to be ‘a super assistant’ for real estate market: Broker

by Third Party | Feb 26, 2023 | Industry Updates, Real Estate Agent Tools

Source: Yahoo! Finance —  FI Real Estate CEO and Broker Filippo Incorvaia joins Yahoo Finance Live to discuss how AI is helping real estate brokers and impacting the housing industry. Video Transcript BARBARA CORCORAN: It’s not just agents in real estate....
Seven secrets about Santa Ynez Valley real estate market

Seven secrets about Santa Ynez Valley real estate market

by Third Party | Feb 26, 2023 | News/Current Events, Real Estate Agent Tools

Source: Santa Barbara News-Press —  Here are seven reasons why people want to live in the Santa Ynez Valley: 1. Value. It is less expensive than Santa Barbara and only 30 miles away. Nearly everyone lives in the Santa Ynez Valley by choice when many could live...
Real estate isn’t an alternative — it’s a core investment

Real estate isn’t an alternative — it’s a core investment

by Third Party | Feb 26, 2023 | Industry Updates, Real Estate Agent Tools

Source: Investment News —  You can hardly browse or tune into the financial news without real estate being presented as an “alternative” investment. And yes, real estate has unique investment characteristics that set it apart from asset classes like stocks and...
The “Art” of Negotiating a Commercial Real Estate Mortgage Loan Term Sheet

The “Art” of Negotiating a Commercial Real Estate Mortgage Loan Term Sheet

by Third Party | Feb 26, 2023 | Commercial Real Estate News, Real Estate Agent Tools

Source: JD Supra —  When a borrower is seeking real estate financing, there is invariably timing pressure to solidify a mortgage loan term sheet (on occasion, in the form of a loan commitment or loan application), so that the next steps in the loan process...
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