Klein Commercial Real Estate
Santa Monica, CA:
Commercial Mortgages Are On The Way Up
Many have already seen charts like this one showing a big drop at the end of 2007. It explains the past four years of weak sales. The small uptick demonstrates the recent increase of dea
How to Sell a Home With a Reverse Mortgage
See how to sell a home with a reverse mortgage. Step by step guide to getting your home sold when you have a reverse mortgage to deal with.
What Is the Role of a Mortgage Underwriter?
After a mortgage application has left the hands of the processor, it moves to the desk of the underwriter. The underwriter acts as a gatekeeper in the loan approval process. When purchasing a home, the loan cannot close or be funded without the approval of an underwriter.<br>Mortgage loan approval i
Who's Buying "dem" Mortgages? And what are they Buying?
Pay no attention to those stories about "Shadow Inventory"! Apparently that has all been soaked up. Or, at least, builders and the NAR would like to believe that. It is hard to pick the top or bottom of any market, but it is hard to argue that housing prices...
4 Important Tips for Realtors: Ensuring a Smooth Mortgage Process
4 Tips to help Realtors prepare buyers/properties for the mortgage process and ensure that all critical information is promptly relayed to the lender.
Why Caution Is Warranted When Transferring Title of Mortgaged Real Property
It might be common practice, however, we will tell you why you should exercise caution when transferring title of real property to an inter vivos trust.
Top 10 Things Current Homebuyers Are Looking For — Southern Trust Mortgage
Even in the midst of a ‘Sellers’ Market’, putting your home up for sale can be a daunting task. Chances are your home already has some great features you can highlight. However, making small upgrades and improvements will usually get your home sold faster and increase the value. To make things more simple, we’ve compiled the …
How To Tell You’re Probably Being Taken For A Ride As A Buyer
Don't be taken advantage of! A mortgage is a massive time and monetary commitment, so make sure you do your due diligence.
What Happens If The Appraisal Is Lower Than The Offer?
Nearly every mortgage application requires a home appraisal by the lender as part of the underwriting process. Ideally, the lender wants to see an appraised value that’s equal to or greater than the price agreed upon by the buyer and the seller, but sometimes the appraisal comes in lower. In those s
How Much Equity Does The Typical Homeowner Have?
Simply put, equity refers to the value of your home minus the amount of money you still owe on your mortgage. It is the factor that separates homeowners from renters and is among the greatest creat…
How to spot mortgage scams
You know that feeling when you think things are so bad and you turn to someone for help, and they make matters much worse? That is often the sad case when it comes to foreclosure scams. You’re in the
How Much Equity Is in Your Home?
Understanding home equity When you take the current market value of your home that you receive after an appraisal and subtract it from the amount you currently owe on your mortgage, that’s your home’s equity. Your home equity is how much of the property that you truly own. This is the formula you will use to answer the …
What Will The Housing Market Look Like This Fall?
It can be hard to get a grasp on what is happening in the housing market with the constant news updates about home sales, mortgage rates, and prices. Monthly housing reports can be volatile and can…
What Realtors® need to know: An introduction to the Loan Estimate
The Loan Estimate has been redesigned to disclose of the features, costs & risks of the particular mortgage loan for which a consumer has applied earlier.
Home Prices Continue to Rise, But For How Long?
Home prices climbed 6.3% in May. But gains may level off, especially if mortgage rates rise.
Could Seller Concessions Be the Key to Reverse Mortgages and Realtors?
A key distinction between “forward” and “reverse” mortgages is that the Department of Housing and Urban Development doesn’t allow any so-called seller concessions for its reverse mortgage for Purchase program.
Is BNTouch the CRM agent-mortgage teams need?
This software platform for mortgage brokers to find, nurture and close loans can benefit real estate agents too
Mortgage Challenges When Purchasing a Property with Acreage
Here are some of the limitations and factors to consider if you are interested in purchasing or refinancing a property with acreage.
Why New Home Sales Should Matter To You
There are many parts to a healthy housing market. Whether you’re talking about home prices, mortgage rates, new home construction, or another housing metric, each one of them have an effect o…
