Real Estate Agent Tools

What Is a Wraparound Loan, and Is It Right for You?

What Is a Wraparound Loan, and Is It Right for You?

Source: Realtor . Com --- While home buyers might hope that they will qualify for a mortgage from the usual financial institutions, like a bank, they may find that their spotty credit score is an obstacle that prevents them from qualifying. What then? One Plan B may...

4 Big Incentives for Homeowners to Sell Now

4 Big Incentives for Homeowners to Sell Now

Source: Keeping Current Matters --- The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale...

Repayment Terms: Home Equity Loan vs. Mortgage

Repayment Terms: Home Equity Loan vs. Mortgage

Source: Investopedia --- Buying a home is one of the most significant investments you can make. For most home buyers, that large of a purchase requires financing in the form of a mortgage. But once you have made your purchase, your mortgage payments start working for...

Home Prices Just Hit the Skids: ‘The Balance Is Shifting’

Home Prices Just Hit the Skids: ‘The Balance Is Shifting’

Source: Realtor.com --- The housing market today remains in a hazy no man’s land, with neither buyer nor seller willing to surrender what little control they have. Buyers face the dual enemies of high home prices and mortgage rates, which have been bouncing between 6%...

UpNest review: What it is and how it works

UpNest review: What it is and how it works

Source: Yahoo! --- UpNest is an online platform that helps people find a real estate agent in their area. The service is free for both buyers and sellers. After entering some details about your needs, you will receive proposals from members of UpNest’s network of...

Radian Hires Sumita Pandit as Chief Growth Office

Radian Hires Sumita Pandit as Chief Growth Office

Radian Group Inc., a real estate organization that specializes in mortgage insurance, announced that Sumita Pandit has been appointed Senior Executive Vice President and Chief Growth Officer. Reporting to Radian’s Chief Executive Officer Rick Thornberry, she will join...

Housing Market Recovery Held Back by Costs, Low Supply

Housing Market Recovery Held Back by Costs, Low Supply

According to a new report from RedFin, an online real estate brokerage, home-purchase applications dropped to the lowest level since 1995 last week as mortgage rates jumped on expectations that the Federal Reserve will need to raise interest rates again to combat...

ECI Group taps Suzy Alford as Chief Administrative Officer

ECI Group taps Suzy Alford as Chief Administrative Officer

ECI Group, a privately owned real estate organization that focuses on the multifamily space, welcomes to the company leadership Suzy Alford as Chief Administrative Officer. In this newly created role, Suzy will be responsible for the firm's Human Resources, Risk...