How to Create a Real Estate Brokerage Budget in 6 Steps
In my 27 year real estate career, I have opened or coached over 20 startup real estate brokerages. During that time, I learned an important lesson: Creating a successful budget for a new real estate brokerage takes a lot more work than most new brokers. There are several elements you should consider when creating your […]
What is a no closing cost mortgage and how to get one
No closing cost mortgages are mortgages where the home buyer does not pay any of his fixed closing costs. Instead, the mortgage lender pays the closing costs on behalf of the buyer. No closing cost mortgages are sometimes called “zero-closing cost mortgages” or “no fee mortgages”—all of which are misnomers because there is no such […]
UWM rolls out construction-to-permanent loan
Michigan based lender composite wholesale mortgage (UWM) has introduced a build-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. Starting February 1, UWM’s one-time close construction loans will be available on 15- and 30-year fixed conventional loans and 7- and 10-year adjustable-rate mortgages […]
Homebuyer Confidence Rises – Is The Housing Market Rebounding?
Potential homebuyers are slightly more hopeful that mortgage rates will come down, and a larger share are feeling confident that it’s a good time to buy a home, according to Fannie Mae Home Purchase Sentiment Index, which has recovered slightly from its all-time low in October. The data comes from a survey of nearly 1,000 […]
CoreLogic’s Digital Tax Portal Increases Payment Accuracy for Service Providers
When facing a challenging and uncertain market, service providers will naturally seek a tax vendor they can trust. CoreLogic has led the residential property tax industry for years. Today, the company leverages their experience and dynamic pricing to help its servicing customers succeed in 2023. CoreLogic’s digital tax portal provides servicers a window into the […]
Black Knight Servicing Digital helps service providers provide a convenient customer experience
Black Knight Servicing Digital is a powerful, white-label solution that allows servicers to provide consumers with information on the value of their home and how to grow and leverage wealth from their property. The solution is a convenient resource that leverages Black Knight’s vast repository of mortgage and public records data, coupled with leading analytics. […]
NTC’s PerfectDocs platform provides easy access to real-time county requirements
Lien release is included in a number of larger regulated processes related to paid-in-full loans, charge-off loans, loan forgiveness and other default-related scenarios that require the foreclosure. Each of these processes involves specific documentation, compliance requirements and service levels during payment or charge-off. Additionally, each state and county may have different requirements for documents and […]
3 Investment Mistakes You Don’t Want to Make in 2023
in this article This article was submitted by Kiwi. Read our Editorial Guidelines for more information. From skyrocketing interest rates to market volatility, increased rental demand, and everything in between – 2022 was a bumpy ride for real estate investors across the country. It was enough to make anyone’s head spin. But it’s a new […]
Loan servicing product guide – HousingWire
Servicing is a complex process, and many servicers still rely on a patched-together system of solutions to get their jobs done, resulting in friction and disconnected teams. With risk and compliance on the line, service providers cannot afford to hold onto systems and processes that work less than ideal. Servicers need the technology solutions today […]
7 Important Parts of Every Real Estate Investing Business Plan
Buying your first investment property is an incredible adventure, but whether you want to fix and flip or buy and hold, you need to have a solid real estate investment business plan. In this article, we will discuss the general requirements of any business plan such as the budget and financial projections as well as […]
