| The Shortcomings of Preapprovals |
| Many real estate professionals request that buyers obtain a mortgage preapproval letter from their lender before going out on home showings. However, such a move doesn’t provide the security you think it does. |
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| How to Prevent a Low Appraisal |
| Many buyers are offering more than the asking price on properties undergoing bidding wars, but when the appraisal reveals the true market value of the home, they may find they’ve agreed to pay too much. |
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| ‘White-Boxing’ Turns Luxury Homes Into Raw Space |
| Homeowners in high-end markets are stripping out their property’s finishes and amenities, offering buyers a blank canvas to visualize their own customizations. |
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| After April Hikes, Mortgage Rates Slide in May |
| In the first week of the month, the 30-year fixed-rate mortgage dropped three basis points to average 4.55 percent. |
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| Freddie Incentivizes Landlords to Keep Units Affordable |
| The mortgage financing giant has announced it will offer low-cost loans to multifamily property owners who keep their buildings affordable to middle-class families. |
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| Twitter Urges Users to Change Passwords Now |
| The company is warning its 336 million users of a glitch in the system that stores their passwords. |
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| Are You Safer Working on a Team? |
| Conducting showings in a group or colisting homes doesn’t alone necessarily make you less of a target for criminals. Safety procedures are just as important for teams as individual agents. Here’s how to make personal security part of your team’s culture. |
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| We Recommend |
| SPONSORED WEBINAR |
| 5 Steps to Grow Your Business with a CRM |
| Wondering how to grow your business & fill your client pipeline? Join this webinar on May 22 at 1 p.m. ET to see specific real-world examples of how a real estate CRM system can make it easy to keep in touch and stay on task with all your prospects, customers, and referral sources. Register here. |
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| Untangling the Vines of a Vineyard Purchase |
| Investors who want to make money from this type of agricultural endeavor need to be prepared for a complex transaction. Help guide them by finding the right experts and appropriate data. |
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| Appraising Lakes Beyond Front Footage |
| When attempting to determine the value of lakefront property, there’s so much more to the equation than just measuring waterfront space. Here’s what appraisers and agents need to know. |
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