Real Estate Agent Tools
The “Art” of Negotiating a Commercial Real Estate Mortgage Loan Term Sheet
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 (lender’s...
How a Houston real-estate agent who closed $28 million in deals in 2022 turned her broadcast news layoff into a lucrative new career
Source: Insider --- Before she was a successful real-estate agent closing on nearly $28 million in deals in 2022, Lily Jang was a news anchor for KHOU-TV in Houston. She never would've left the broadcasting world, she told Insider, had the TV station not gone through...
HUD to Move HQ to Virginia, Displacing National Science Foundation
HUD Secretary Scott Turner has been highly critical of HUD’s longtime headquarters at the Robert C. Weaver Federal Building. Continue Reading HUD to Move HQ to Virginia, Displacing National Science Foundation
FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
No deadline was set, but Pulte asked that the directive “should be implemented as soon as reasonably practical.” Continue Reading FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
“A New York casino belongs in Times Square, and it should be designed to benefit all New Yorkers,” said Sharpton. Continue Reading Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
Ouch! New Home Sales Down by 13.7%
The median sales price of new houses sold in May was $426,600, a 3.7% uptick from the April price of $411,400. Continue Reading Ouch! New Home Sales Down by 13.7%
$110 Million Los Angeles Estate is May’s Most Expensive Home Sale
The most expensive current listing is 1960 S. Ocean Blvd, Manalapan, Florida 33462 at $285 million. Continue Reading $110 Million Los Angeles Estate is May’s Most Expensive Home Sale
Trump Administration Intervenes in Eminent Domain Case Over NJ Family-Owned Farm
Agriculture Secretary Rollins said that “the Biden-style government takeover of our family farms is over.” Continue Reading Trump Administration Intervenes in Eminent Domain Case Over NJ Family-Owned Farm
HUD Proposes Eliminating Green Housing Mandate
“At HUD, we’re mission-minded and focused on helping to put affordable housing within reach for hardworking Americans,” said Secretary Scott Turner. Continue Reading HUD Proposes Eliminating Green Housing Mandate
Migrant Processing Services Terminated at NYC’s Historic Roosevelt Hotel
The hotel is now completely vacant. Continue Reading Migrant Processing Services Terminated at NYC’s Historic Roosevelt Hotel
Refinancing Fuels Mild Uptick in Mortgage Application Activity
“The average loan size for purchase applications declined to $436,300, the lowest level since January 2025,” said MBA’s Joel Kan. Continue Reading Refinancing Fuels Mild Uptick in Mortgage Application Activity
Rocket Mortgage to Offer Bridge Loans for Homeowners
“With this new flexibility, buyers can quickly and confidently secure their next home,” said Rocket’s Bill Banfield. Continue Reading Rocket Mortgage to Offer Bridge Loans for Homeowners
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