Let’s talk about a 1031 exchange. Do you work with clients who are looking to buy or sell investment properties? If you don’t, would you like to? If the answer is yes to either of these questions, let’s talk about a 1031 exchange — a commonly used vehicle that many investors employ for tax advantages. […]
Condo or Townhome — What’s the Difference?
We can help you learn how to differentiate between condos and townhomes — and explain why it matters. Have you ever been caught thinking a property was a townhome only to discover it’s actually a condominium — and that it had an impact on the buyer’s loan terms? If you have, you are not alone. […]
How Can An Appraisal Gap Waiver Help Win the Deal?
Understanding how appraised value and loan-to-value (LTV) work Two years later, and we are still having conversations with clients about their offer and the potential for the home not to appraise at the purchase price. It can be a difficult conversation for agents as buyers assume it means they have to cover the difference out-of-pocket, […]
Celebrating Juneteenth
Juneteenth is an American holiday that celebrates the emancipation of enslaved African Americans on June 19, 1865. This day marks the end of slavery in the United States, as well as a day of celebration for African Americans. Juneteenth is celebrated in more than 40 states in the U.S., with some states recognizing it as […]
Want your approval 4 days faster? Yes Please!
Your buyers can cut days off the traditional loan process and get approved faster! Does this scenario sound familiar? Your client is preapproved. You’re told everything is good, but waiting for official approval from the lender can feel like it takes forever. We all know that in the absence of information, stress levels rise and […]
Want an Advantage to Get Your Offer Accepted?
Most buyers think that with a standard preapproval, great credit and a solid downpayment, they have done all they can to put themselves in the best position to win that bidding war — but have they? What if you could tell the listing agent that your offer comes with a fully underwritten review of a borrower’s […]
June is Pride Month
About Pride Month Pride Month is an annual celebration and recognition of the LGBTQ+ community and its allies. It is celebrated around the world in many different ways, from parades and festivals to more intimate events like movie screenings and lectures. Pride Month is about recognizing the struggles and victories of the LGBTQ+ community, paying […]
How Fannie Mae is Modernizing the Valuation Process
What comes to mind when you hear the terms appraisal waiver or property inspection waiver (PIW)? These became hot topics in 2020 and 2021 when Fannie and Freddie started using data collected to “waive” the need for an appraisal to substantiate value. They accepted the value the lender entered and no longer relied on an […]
Why a Second Opinion from Key Mortgage Matters!
Why wouldn’t a buyer want every advantage they can get? As an agent, you know you should never take a client out to see a home without a preapproval – and with today’s technology, it’s easier than ever to pull out your phone and produce a preapproval letter! They look great and are easy to […]
What is a Trigger Lead?
Have you ever noticed that when you go to buy a car, your credit is pulled and suddenly you get multiple solicitations from banks or credit unions? Have your clients mentioned that after they get preapproved or start their loan application, they are bombarded with calls and emails from lenders? Calling it annoying is an […]
