California pending sales index February 2016

| July 26, 2016

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Low inventories and eroding affordability coupled with financial market volatility contributed to a second consecutive month of the year-over-year declines for pending home sales

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TTR Sotheby’s International Realty

TTR Sotheby’s International Realty has been one of the most successful and respected real estate organizations in the Washington Metropolitan market for more than 20 years.

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6 Ways to Finance Real Estate Investments

Article | March 4, 2020

Financing options for real estate investors fall into several different buckets. They range from various types of investment property mortgages to hard-money lending and portfolio loans. You can even turn to peer-to-peer lending platforms or crowdfunding to get the money you need. Investors just getting started may have fewer choices available. But as your portfolio grows, more options open up. This could make it easier to meet the needs of specific fix-and-flip or rental investments. There are more ways to finance real estate investments today than ever before. You have different financing options depending on the:

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Should Your Real Estate Client Sign An Appraisal Waiver?

Article | August 11, 2021

Real estate professionals sometimes have to answer a buyer’s questions about appraisal waivers. What are they? What do they mean? Is it a good or bad idea for the home loan applicant to sign one? If your client is applying for a home loan, signing an appraisal waiver does not mean that the home won’t be appraised. The lender will insist on an appraisal, to ensure that they’re not lending more money than they can expect to recover if they foreclose on the mortgage. An appraisal waiver is a document loan applicants sign to tell the lender that they’re waving their right to receive the appraisal report at least three days before the loan is consummated. In rare cases, a real estate professional might have to draft an appraisal waiver letter. In that case, the letter should include the name of the applicant, the address of the property, and, if applicable, the number of the loan application. It should state that the applicant knows about the right to receive the appraisal report at least three business days before the loan is consummated and that the applicant waives that right. At no time does the applicant waive the right to receive an appraisal report.

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Pandemic could mean opportunity for real estate investors

Article | April 8, 2020

The COVID-19 pandemic has left no industry untouched. Many Americans and property owners didn’t have the cash to pay their rent this month. Which means some landlords are going to struggle with the mortgage, which means an opportunity for some property investors. Daniel Lebensohn, co-founder of the investment firm BH3, said buying that distressed debt built the foundation of his company. He said nobody feels good about taking advantage of misfortune, but firms will be looking at this pandemic in the same light.

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3 Things To Prioritize When Selling Your House

Article | June 4, 2021

Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move. When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. Even in a sellers’ market, listing your house for the right price will maximize the number of buyers that see your house. This creates the best environment for bidding wars, which in turn are more likely to increase the final sale price. A real estate professional is the best person to help you set the best price for your house so you can achieve your financial goals.

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Spotlight

TTR Sotheby’s International Realty

TTR Sotheby’s International Realty has been one of the most successful and respected real estate organizations in the Washington Metropolitan market for more than 20 years.

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