How does the home appraisal process work for buyers?
in this article A home appraisal is an unbiased professional opinion of a home’s value based on recent sales of nearby properties. But who appraises your home? An appraisal is conducted by an appraiser who is an independent third-party contracted (often by the mortgage lender) to establish the value of the property. It gives you […]
How To Find Great Deals By Building An Off-Market Listing
in this article If you were selling chocolate chip cookies, and you wanted to mail ads to a group of people, the list you send them to makes all the difference. If you list names and addresses for diabetics or CrossFit enthusiasts, your response rate will probably plummet. But if you send out a list […]
11 Tips To Get The Home You Want
in this article Today’s housing market is markedly different than it was a year ago. Back then, people could offer fewer balls and have a good chance of being accepted. Now, buying a property has become more expensive and complicated, and there are reports of bidding wars across the country, even as we move into […]
Pro Tips For Home Buyers
in this article The hardest part is over because you have found the right home. Now you have to negotiate the home purchase and determine your closing costs. Closing costs are expenses incurred in the home buying process that typically amount to 2% to 5% of your loan-to-value, which can make them very expensive if […]
Is Wall Street Ruining the Housing Market?
in this article There’s been a lot of hype over the past several months about Wall Street’s run on the housing market. I’ve seen a few dozen headlines about how no one can buy a house because big institutional investors are buying up all the houses. Being the skeptic I was, I wanted to see […]
Building relationships and negotiating with vendors for a great deal
in this article it’s a part of Finding and Funding Great Deals by Anson Young. So you’ve put together a plan to get a deal and maybe even come up with a direct mail marketing plan targeting motivated sellers. You put 1,000 miles on your car to drive your new target areas, and you’ve got […]
It’s Not Too Late to Join the Short-Term Rental Investment Game
in this article There has never been a better time to be a short-term rental investor. Short-term rental investing, otherwise known as Airbnb or VRBO hosting, has been one of the most popular strategies for real estate investors over the past several years – and with good reason. it has a lot to offer. What’s […]
American Pacific Mortgage looking for expansion
Mortgage rates are on a downward trend, but don’t be fooled – the industry’s efforts to right-shape itself from a post-pandemic boom will continue through 2023. Up to 30% of the 1,000 largest independent mortgage banks will disappear by the end of this year, either through sales, mergers, or failures amid still-high inflation and rising […]
American Portfolio and Town Square Announce Merger Deal
Amid wave of mergers and acquisitions expected in 2023, non-bank mortgage lenders american portfolio mortgage corporation And town square mortgage announced Wednesday that the companies are merging their operations. The lenders, both privately held, will retain their names and brands after the transaction, but APMC will be the new legal entity as the companies come […]
LauraMac Completes Its Integration With LonLogix IDEA
lauramac, mortgage loan review provider a provider of SaaS technology announced Thursday that it has integrated with LoanLogix IdeaAn intelligent document processing and data extraction technology. The result of the integration between IDEA and the Lauramac platform will “improve the quality and transparency of mortgage loan commerce,” LoanLogix CEO Dave Parker said in a statement. […]
