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National Association of REALTORS(R) - REALTOR(R) Magazine
August 06, 2018
Today's Headlines
Why Clients May Be Asked to Write a ‘Comfort Letter’ to Their Lender
Don’t panic if your buyer is asked to write one. The “comfort letter” is becoming a common request from lenders nowadays.
6 Cities to Find Bargain Buys on a Big Home
Buyers who love big homes can still find a deal in some locales. Check out where you can score a home of more than 3,000 square feet for under $100 per square foot.
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Bank Giant Is Allowing Borrowers to Forgo Escrow Accounts
United Wholesale Mortgage is allowing borrowers an escrow-free option with their mortgage, even those with dinged credit histories. Some in the mortgage industry are concerned.
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Apartment Rents Just Jumped Higher in Most Cities
The national average rent reached an all-time high in July, even as a wave of new apartments hit the market.
4 Tips to Help Buyers, Sellers Choose the Right Remodeler
For clients bitten by the remodeling bug, here are some tips for choosing a contractor to help them spruce up their home.
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N.J. Bill Seeks to Counter Federal Tax Bill That Capped Property Taxes
A New Jersey state senator is sponsoring a bill to help homeowners save up to $1,000 on their mortgage payments through a new tax credit.
How to Market a House Without a Garage
With the increase in ride-sharing and walkable developments, garages may not be at the top of every buyer’s wish list. Know how to make a garageless listing appeal to the widest possible audience.
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