u/loan_ranger8888

Experience the epitome of comfort in this one of a kind home where charm and sophistication harmonize effortlessly. This unmatched property offers exceptional value today and in the future, combining a current renovated residence with a premium lot. An exceptionally rare gem, it surpasses expectations with meticulous craftsmanship redefining the concept of a refined lifestyle. A work of art in itself, this extraordinary residence showcases true pride in ownership, while giving you main-level living at its finest. The inviting kitchen serves as the perfect setting for intimate dining experiences with loved ones or hosting memorable gatherings with friends. Steps from your kitchen, you are granted effortless access to your expansive backyard oasis, enveloping you in serene relaxation. Unwind in your private backyard while savoring the aromas of a grilled feast, lose yourself in a captivating book, or revel in a refreshing beverage, uninterrupted by any distractions. The property sets the stage for various recreational activities in your fenced-in backyard. Evening weekend nights will never be the same as you can cozy up by a fireplace and enjoy memorable moments. Property has the possibility of the third bedroom if buyer desires. The perfect place to call home, while making memories that will last a lifetime!

The catch line didn’t age well 😳.

WTF! I know in the late 70s rates were 15-16%, but home prices in relation to income could not have been as whacked as it is now.

More than ever monthly payments for a modest home in DMV are becoming unmanageable. What’s your strategy?

My nephew would like to do a FBR via his Irish born and raised Grandmother, but his USA born mother’s birth certificate is not available due apparently a 1940s fire in NYC where the ordinals were kept. His Mom does have all her original USA passports dating back to 16yo. Should he just include that passport with a letter of explanation? Thank you.

When it references 4 color photos, 2 of which to be witnessed- what does that mean exactly? The witnesses to sign the back of each photo?

https://preview.redd.it/ll9gvn02iefh1.jpg?width=2550&format=pjpg&auto=webp&s=e00faa9971afdb7bf78bf00130d56a1b7aab53de

This question is directed to broker shop loan officers. When a loan has funded and broker comp received what is your responsibility for the file being archived? Do you perform a compliance check? Is there a digital format or organization flow it must stored in preparation for an eventual state audit?

If you’re a first time buyer in most of the DMV earning base salary < 196,920 you could be eligible for 6.25% 30 fixed 0 points today, 7/21. Get a quote based on your specific profile.

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No relief for buyers!

No relief for homebuyers! 😩

Recent changes in real estate regulations have made the topic of commissions confusing for many home buyers. Let's clarify these updates in simple terms:

1.  Commission Disclosures: Prior to August 2024, the commission offered by a seller was typically disclosed upfront in the property listing. Now, this amount is negotiable and is not finalized until a contract is ratified.

2.  Buyer's Agreements: Your realtor will ask you to sign an agreement specifying a fee for their services, typically 2.5%–3% of the purchase price. While this may seem scary, you can ask the seller to cover this fee as part of your purchase contract. If they decline, you have the option to move on to another property. You remain in control of who will pay the commission.

3.  Negotiation Process: If the seller agrees to cover the fee, no further action is needed. If the seller counters with a lower amount, you can renegotiate your agreement with your agent or find a compromise. For example, if your agreement specifies a 3% commission but the seller only offers 2.5%, you then request that your agent modify your agreement to match that 2.5%.

4.  Summary: Although you will sign an agreement stating you are responsible for your realtor's compensation, you can negotiate for the seller to cover this fee during the offer process. If the seller is unwilling to provide the requested amount, you may terminate the contract. You are not required to pay any commission that does not fit your budget.

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Anyone know current status of St Paddy’s Day reflecting pool? Talking heads on tv saying it’s crystal clear.

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