Buying/Selling | RISMedia

(TNS)—An underwriter is an entity, typically a company, accountable for analyzing and assuming the risk of another entity. Underwriting typically happens behind the scenes but is an important aspect of mortgage approvals. The mortgage underwriting process has five key steps: verification, appraisal, title search and insurance, flood certification, and surveying. Verification After the housing crisis […]

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8/18/2017 10:01:27 PM

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: 7 Tips for Writing a Great Real Estate Agent Resume Facebook’s Latest Ad Product Is Designed Specifically for Real Estate 5 Stunning Staircases to Move You Higher If you’re selling your home, chances are good you’re familiar […]

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8/17/2017 1:54:25 PM

Would-be homeowners can easily plunk down savings for a home—if they forgo their friends’ one last hurrah before the big day. A recent report by Zillow reveals the cost of destination bachelor or bachelorette parties can equal up to one-third of a down payment on a median-priced home. With attendees spending an average $1,106 (for […]

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8/13/2017 11:03:21 AM

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: How to Give Your Bathroom a Tropical Vibe Great Spaces: Historic Brownstone in Gramercy Park Real Estate Agents: 5 Ways to Create Shareable Content Choosing the right house for you and your family can be a very […]

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8/10/2017 1:49:26 PM

(TNS)—Lenders use your credit score to determine whether you are eligible for a loan and to decide what terms they are prepared to offer. Credit bureaus keep track of when companies check your score, regardless of the outcome, and checks designated as “hard inquiries” may lower your score. Understanding what constitutes a hard check versus […]

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8/7/2017 1:44:16 PM

(TNS)—Q: We are buying a home and had a “four-point” inspection done for the homeowner’s insurance. The insurer declined to cover the house due to the brand of the electrical panel fuse box. What gives? -Dan A: Most insurance companies require a “four-point” home inspection before insuring a property. The inspection focuses on the four […]

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8/3/2017 1:56:56 PM

Homeowners spend an average $9,080 each year on common, yet often overlooked expenses associated with owning a home, including maintenance and utilities, according to a recent analysis by Zillow. The breakdown is as follows: Homeowners Insurance/Property Taxes/Utilities – $6,059 Professional Home Maintenance – $3,021 (Note: Homeownership costs vary considerably by location—see chart below.) “Determining how […]

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8/1/2017 2:04:07 PM

(TNS)—The housing market crash has become a distant memory, and home prices are looking healthy again. But does that mean there are good opportunities for investing in the residential real estate market? Home values are climbing in most places. According to the National Association of REALTORS®, or NAR, 85 percent of major metro areas saw […]

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7/14/2017 10:00:15 PM

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: Live Like Former First Lady Jackie Kennedy Onassis How to Use Predictive Analytics in Your Real Estate Business Hi, My Name Is…Owner of a Valuable Home It’s no secret that moving is a headache. You need to […]

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7/12/2017 2:03:49 PM

Home staging offers a distinct advantage for sellers: a speedy sale. Sixty-two percent of sellers’ agents believe staging a home cuts down the time it spends on-market, with the majority believing it “greatly” reduces the window, according to the new 2017 Profile of Home Staging from the National Association of REALTORS® (NAR). Seventy-seven percent of […]

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7/9/2017 11:08:38 AM