Getting a mortgage, paying your mortgage, refinancing your mortgage: These are all major undertakings, but during a pandemic, all of it becomes more complicated. Sometimes a lot more complicated. But make no mistake, home buyers are still taking out and paying down mortgages during the current global health crisis. There have, in fact, been some silver linings … Read More “What Your Lender Wants You To Know About Getting a Home Loan During COVID-19” »
Category: Real Estate News & Tips
House hunters are reportedly placing a higher priority on properties with a pool during the COVID-19 pandemic. Searches for single-family homes on Compass’ website for homes with pools are up threefold, Robert Reffkin, CEO of Compass, told CNBC’s “Squawk Alley.” Further, listings showing off outdoor space appear to be more in demand with home buyers … Read More “In Listings, Show Off That Pool, Outdoor Space” »
Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the economy will turn around. If you’re trying … Read More “Will the Housing Market Turn Around This Year?” »
Many homeowners have a lot of money in their homes. During the first quarter of this year, 26.5% of residential properties or 14.5 million were considered equity rich, meaning the owner had at least 50% equity in their home, ATTOM Data Solutions reports Thursday. “Homeowners’ balance sheets generally remained strong in the first quarter of … Read More “More Than a Quarter of Properties Are Equity-Rich” »
Mortgage applications for home purchases, a gauge of future home buying, saw a 12% uptick last week, reversing a month of plummeting activity due to the COVID-19 pandemic, the Mortgage Bankers Association reported. Housing experts say it could mark a sign that homebuyers are returning. Refinancing demand fell last week, which caused the overall volume … Read More “A Sign Buyer Confidence Is Shifting: Mortgage Applications Rise” »
Nearly every industry has been impacted by the global COVID-19 pandemic and real estate is no exception. Because the cornerstone of buying or selling a home is face-to-face interaction, the way we do business has been altered. Open houses and showings have been cancelled, conducting inspections and funding loans have become trickier, and even tasks … Read More “Key Questions For Buying Or Selling A Home During The Pandemic” »
Schedule a phone call, a zoom call or a Facebook Live – we can meet virtually and work out the details. 4 Reasons to schedule a virtual appointment with Lazar Real Estate Services Virtual Meetings are convenient You can meet with a REALTOR at a time that is convenient for you, and from a location … Read More “Step 1. Schedule a Virtual Appointment” »
NOTE: Both Buyers and Sellers are part of the transaction process, and will be part of the Digital Transactions Management Real estate transactions today depend on electronic signatures to prevent fraudulent activities and root out errors. Digital Transaction Management (DTM) supports secure online transactions in the real estate business. A Digital Transaction Management platform empowers … Read More “Step 2. Digital Transaction Management” »
Home inspections are going virtual Typically homebuyers accompany their inspector during the home inspection, but a number of home inspectors are now using live video chatting apps like FaceTime or Zoom to let home buyers tag along remotely. This keeps buyers at a safe distance for home inspections, Seal says. Lenders are cutting back on … Read More “Step 3. Home Inspections” »
Virtual Closings. Anywhere, Anytime! Set your appointment, an email is sent to the parties with an invitation and a link to add to their calendar; verify the signers up front; at the closing, up to 10 participants. Seller closings in minutes. Buyer closings in less than 30 minutes Sign and initial once and apply where … Read More “Step 4. Closing Time” »