Real Estate agents need to be familiar with TRID and be mindful of the rules in order to assist both buyers and sellers. The below points are essential for agents to understand to keep closings on track and meet clients expectations.
You have found your dream home and you are now speaking with you lender about all of the additional requirements and expenses that you are responsible for. Along with inspections and permits, you find out that you need to pay for title insurance. Many people then start to question if it is actually necessary or is it just an additional fee tucked into your piles of paperwork.
You’re looking at real estate listings and you see one that says, Bitcoin Transactions Accepted. While this transaction is still far from being the “norm”, it is popping up more and more frequently. The younger generation and tech savvy population are adopting cryptocurrency as their main choice for making purchases. But there are still many buyers out there that would have absolutely no idea what that even means. Others might understand what it means, but do not have the trust in this type of financial transaction to consider this option.
The first of the year rolls around and many Americans start thinking about their tax refund and how they are going to spend it. Put it towards a family vacation? Use it for a down payment on a new car? Pay off holiday bills? Maybe its time to start thinking about ways to really put that refund to good use.
Anyone going through the home buying (or selling) process knows that it is nearly impossible to handle everything that is thrown at you. Knowing how to sort through the numerous listings that pop up daily, weed through the properties that align with what you are looking for, negotiate pricing and attend inspections… this is just a sampling of the list of things a Realtor does on your behalf.