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What Are Seller Credits in Real Estate: the Assistance Buyers Often Need

Daily Real Estate News - February 29, 2024 - 3:13pm

In real estate transactions, buyers and sellers often negotiate various aspects of the deal. Negotiations can include the purchase price, closing costs and contingencies. One element that frequently arises during these negotiations is referred to as seller concessions or repair credits. These credits can play a significant role in shaping a real estate deal’s final…

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Categories: Real Estate

What Are Seller Credits in Real Estate: the Assistance Buyers Often Need

RisMedia Todays Top Consumer Stories - February 29, 2024 - 3:13pm

In real estate transactions, buyers and sellers often negotiate various aspects of the deal. Negotiations can include the purchase price, closing costs and contingencies. One element that frequently arises during these negotiations is referred to as seller concessions or repair credits. These credits can play a significant role in shaping a real estate deal’s final…

The post What Are Seller Credits in Real Estate: the Assistance Buyers Often Need appeared first on RISMedia.

Categories: Real Estate

COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims

RisMedia Todays Top Consumer Stories - February 27, 2024 - 1:13pm

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. In the wake of a revealing and foreboding intervention by the Department of Justice (DOJ) in a commission lawsuit settlement, the broader real estate industry is currently processing the increasingly stark prospect of…

The post COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims appeared first on RISMedia.

Categories: Real Estate

COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims

Daily Real Estate News - February 27, 2024 - 1:13pm

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. In the wake of a revealing and foreboding intervention by the Department of Justice (DOJ) in a commission lawsuit settlement, the broader real estate industry is currently processing the increasingly stark prospect of…

The post COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims appeared first on RISMedia.

Categories: Real Estate

Navigating House Options During a Divorce

RisMedia Todays Top Consumer Stories - February 26, 2024 - 3:50pm

Divorce is not just an emotional upheaval but also a time of significant financial and legal decisions. It’s especially true when it comes to shared housing. The marital home is often more than just an asset. It’s a repository of memories and dreams. Deciding what to do with it during a divorce can be particularly…

The post Navigating House Options During a Divorce appeared first on RISMedia.

Categories: Real Estate

Navigating House Options During a Divorce

Daily Real Estate News - February 26, 2024 - 3:50pm

Divorce is not just an emotional upheaval but also a time of significant financial and legal decisions. It’s especially true when it comes to shared housing. The marital home is often more than just an asset. It’s a repository of memories and dreams. Deciding what to do with it during a divorce can be particularly…

The post Navigating House Options During a Divorce appeared first on RISMedia.

Categories: Real Estate

Guaranteed Rate Supports Home Affordability with Public-Partnered Grants

RisMedia Todays Top Consumer Stories - February 20, 2024 - 3:34pm

Mortgage servicer Guaranteed Rate is expanding its Fannie Mae and Freddie Mac-backed mortgage products. The company cites this move as demonstrating its “proven commitment to supporting housing affordability.” The HomeReady (offered by Fannie Mae) and Home Possible (administered by Freddie Mac) mortgage grant programs offer a $2,500 non-repayable grant. The grants are part of a…

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Categories: Real Estate

Guaranteed Rate Supports Home Affordability with Public-Partnered Grants

Daily Real Estate News - February 20, 2024 - 3:34pm

Mortgage servicer Guaranteed Rate is expanding its Fannie Mae and Freddie Mac-backed mortgage products. The company cites this move as demonstrating its “proven commitment to supporting housing affordability.” The HomeReady (offered by Fannie Mae) and Home Possible (administered by Freddie Mac) mortgage grant programs offer a $2,500 non-repayable grant. The grants are part of a…

The post Guaranteed Rate Supports Home Affordability with Public-Partnered Grants appeared first on RISMedia.

Categories: Real Estate

Consumer Sentiment Continues to Warm in February

RisMedia Todays Top Consumer Stories - February 16, 2024 - 10:32am

Consumers’ feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan. Consumer sentiment grew an astounding 0.8% in February, following a 13.1% leap in January and a sharp increase in December. “The fact that sentiment lost no ground this month suggests that consumers continue to feel…

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Categories: Real Estate

Consumer Sentiment Continues to Warm in February

Daily Real Estate News - February 16, 2024 - 10:32am

Consumers’ feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan. Consumer sentiment grew an astounding 0.8% in February, following a 13.1% leap in January and a sharp increase in December. “The fact that sentiment lost no ground this month suggests that consumers continue to feel…

The post Consumer Sentiment Continues to Warm in February appeared first on RISMedia.

Categories: Real Estate

The Role of Location on Property Valuation

RisMedia Todays Top Consumer Stories - February 15, 2024 - 3:29pm

The adage “location, location, location” continues regarding real estate. The location remains paramount despite the myriad factors contributing to a property’s market value—including size, condition and features. We will examine how the geographical positioning of a property significantly influences its desirability and, consequently, its market value. From the impact of school districts and crime rates…

The post The Role of Location on Property Valuation appeared first on RISMedia.

Categories: Real Estate

The Role of Location on Property Valuation

Daily Real Estate News - February 15, 2024 - 3:29pm

The adage “location, location, location” continues regarding real estate. The location remains paramount despite the myriad factors contributing to a property’s market value—including size, condition and features. We will examine how the geographical positioning of a property significantly influences its desirability and, consequently, its market value. From the impact of school districts and crime rates…

The post The Role of Location on Property Valuation appeared first on RISMedia.

Categories: Real Estate

A Comprehensive Guide to the Pros and Cons of Buying Used Appliances

RisMedia Todays Top Consumer Stories - February 15, 2024 - 2:35pm

In today’s consumer-driven society, purchasing new or used appliances is a common dilemma. While brand-new appliances come with the allure of the latest technology and warranties, buying used appliances has advantages and disadvantages. We will examine the pros and cons of buying used appliances. Our guidance will help you decide based on your unique needs…

The post A Comprehensive Guide to the Pros and Cons of Buying Used Appliances appeared first on RISMedia.

Categories: Real Estate

A Comprehensive Guide to the Pros and Cons of Buying Used Appliances

Daily Real Estate News - February 15, 2024 - 2:35pm

In today’s consumer-driven society, purchasing new or used appliances is a common dilemma. While brand-new appliances come with the allure of the latest technology and warranties, buying used appliances has advantages and disadvantages. We will examine the pros and cons of buying used appliances. Our guidance will help you decide based on your unique needs…

The post A Comprehensive Guide to the Pros and Cons of Buying Used Appliances appeared first on RISMedia.

Categories: Real Estate

Economists Weigh in on the Future of First-Time Buyers

RisMedia Todays Top Consumer Stories - February 15, 2024 - 11:48am

Although we’re in the midst of a market correction, the future of the housing market is still up in the air—with many questions centering around first-time homebuyers.  While there are still individuals embarking on the journey of first-time homeownership, it’s less than what we’ve seen in the past. Recent data from the National Association of…

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Categories: Real Estate

Economists Weigh in on the Future of First-Time Buyers

Daily Real Estate News - February 15, 2024 - 11:48am

Although we’re in the midst of a market correction, the future of the housing market is still up in the air—with many questions centering around first-time homebuyers.  While there are still individuals embarking on the journey of first-time homeownership, it’s less than what we’ve seen in the past. Recent data from the National Association of…

The post Economists Weigh in on the Future of First-Time Buyers appeared first on RISMedia.

Categories: Real Estate

Questions to Ask a REALTOR® When Getting Divorced

RisMedia Todays Top Consumer Stories - February 12, 2024 - 3:29pm

Divorce can be challenging and emotional, and one of the significant decisions couples often face is selling their house. Selling a house during divorce can complicate an already difficult situation. That’s where hiring a REALTOR® with divorce experience comes in. Divorcing couples can navigate the home-selling process far more efficiently with a pro in their…

The post Questions to Ask a REALTOR® When Getting Divorced appeared first on RISMedia.

Categories: Real Estate

Questions to Ask a REALTOR® When Getting Divorced

Daily Real Estate News - February 12, 2024 - 3:29pm

Divorce can be challenging and emotional, and one of the significant decisions couples often face is selling their house. Selling a house during divorce can complicate an already difficult situation. That’s where hiring a REALTOR® with divorce experience comes in. Divorcing couples can navigate the home-selling process far more efficiently with a pro in their…

The post Questions to Ask a REALTOR® When Getting Divorced appeared first on RISMedia.

Categories: Real Estate

When and Why Prospective Buyers Should Get a Property Survey

RisMedia Todays Top Consumer Stories - February 8, 2024 - 3:17pm

Purchasing a home is a significant investment. It’s crucial to ensure that you clearly understand the property boundaries and potential issues that may affect your ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one and what it entails.…

The post When and Why Prospective Buyers Should Get a Property Survey appeared first on RISMedia.

Categories: Real Estate

When and Why Prospective Buyers Should Get a Property Survey

Daily Real Estate News - February 8, 2024 - 3:17pm

Purchasing a home is a significant investment. It’s crucial to ensure that you clearly understand the property boundaries and potential issues that may affect your ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one and what it entails.…

The post When and Why Prospective Buyers Should Get a Property Survey appeared first on RISMedia.

Categories: Real Estate