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Distinctive Properties
8022 W. Grandridge Blvd.
Kennewick, WA 99336Local: (509) 783-1431
Tag Archives: closing
New Program to Help Buyers Bypass Appraisals
Daily Real Estate News | Monday, August 21, 2017 Mortgage giant Freddie Mac has announced a new program allowing some home buyers to skip a traditional appraisal, which could lower the fees the buyers pay and speed up the closing … Continue reading
Posted in Mortage/ Finance News
Tagged appraisal, borrower, borrowers, buyers, closing, credit, data, days, financing, freddie mac, home, home buyer, home purchases, home value, housing, Lender, loan, Mortgage, News, property, real estate, refinancing, time, values
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Time on Market Hits New Low in April
Daily Real Estate News | Wednesday, May 24, 2017 Low inventory pushed existing-home sales down in April and sped up the median number of days a home sat on the market to a new low of 29 days, the National … Continue reading
Posted in Real Estate News
Tagged AGO, buyers, closing, data, days, existing home, family, fast, for sale, foreclosure, home buyer, home sale, home sales, homes, homes for sale, housing, increase, look, market, metro area, NAR, national association of realtors, News, offer, price, prices, real estate, realtor, Sale, Sales, seasonal, selling, short sale, Sold, time, value
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Owners, Appraisers Aren’t Seeing Eye-to-Eye
Daily Real Estate News | Thursday, May 11, 2017 Appraisals in April were, on average, 1.9 percent lower than what homeowners expected. That means on an average home price of $236,400, homeowners misjudged their price by about $4,500. The gap … Continue reading
Posted in Mortage/ Finance News, Real Estate News
Tagged appraisers, closing, data, equity, family, home, home prices, home value, homeowners, loan, market, money, Mortgage, national association of realtors, News, perception, price, real estate, realtor, Sale, Sales, size, values
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Closing Timelines Get Even Shorter
Daily Real Estate News | Monday, April 24, 2017 The average time to close on all home loan types dropped to 43 days in March—the quickest pace since February 2015, according to Ellie Mae’s Origination Insight Report. A year ago, … Continue reading