No matter whether it is your first or your fifth, buying a new home can often be a stressful time with an endless to-do list and many people to consult with. Through the countless phone calls with loan officers, title companies, agents, banks, and every other person assisting you, it is easy to get caught… Read more »
Posts Categorized: See all Categories
New Year, New Real Estate: Trends to Watch out for in 2019
Interested in making a property move this year? Check out 2019’s expected real estate trends below and find out what you should be doing to make your settlement process as successful as possible. Make Room for the Millennials! Believe it or not, millennials are at an age where they are starting to break into the… Read more »
Guidelines to Follow for a Successful Home Sale
Looking to sell your home as fast as possible while also scoring a great deal on it? That will certainly be a challenge, unless you are willing to work hard to keep your home in pristine condition. Here are some guidelines to follow for a successful home sale: 1. First Things First: Get a… Read more »
A New National Holiday to Celebrate Mortgage Brokers
Mortgage brokers across the country who have been wanting some recognition for their hard work can rejoice. The Association of Independent Mortgage Experts (AIME) has announced that they have created a new national holiday to celebrate the work that mortgage brokers do. Just as we celebrate teachers on National Teacher Day, we will now be… Read more »
Tips for Protecting Yourself and Clients from Real Estate Scams
Real estate scams have grown significantly just in the past year, making it more important than ever for real estate and even title agents to take extra precautions to protect themselves and their clients from becoming victims. In 2017 alone, homebuyers lost more than $969 million to scams, compared to $19 million in 2016, according… Read more »
Now Is the Most Profitable Time for Home Sellers
If you’re thinking about selling your home, now is the most profitable time for home sellers, according to researchers at ATTOM Data Solutions.That’s because the average home sale profit for sellers in the fourth quarter of 2017 reached a 10-year high of $54,000. This amounts to an average return on investment (ROI) of 29.7%. “It… Read more »
A True Digital Mortgage Solution Should Improve Customer Satisfaction
Ellie Mae recently announced that it has acquired Velocify, a cloud-based intelligent sales automation system, so that it can more quickly deliver a true digital mortgage solution to lenders of all sizes. Digital mortgages are reportedly a high priority for consumers who want faster mortgage application processing. A recent survey by Ellie Mae, for example,… Read more »
Home Values Last Year Topped $31 Trillion
It’s pretty evident that home prices and home values were up last year and are still continuing to rise, but just how much they rose may come as a surprise. The total of home values in the United States rose last year by close to $2 trillion from 2016, reaching $31.8 trillion in 2017. According… Read more »
Fannie Mae and Freddie Mac Home Loan Limits to Increase Next Year
The Federal Housing Finance Agency (FHFA) has announced that the maximum conforming loan amount for mortgages acquired by Fannie Mae and Freddie Mac will increase for 2018. In the vast majority of localities throughout the U.S., the 2018 maximum conforming loan limit for one-unit properties will be $453,100. That is an increase of $29,000 from… Read more »