Real Estate Rebates Is What We Do
Did you ever wonder what the initials after a real estate professional’s name mean? The following is your guide:
ABR - Accredited Buyer Representative
ABRM - Accredited Buyer Representative Manager
ALC - Accredited Land Consultant
CCIM - Certified Commercial Investment Member®
CIPS - Certified International Property Specialist
CPM – Certified […]
Question: I am under the impression that Austin mortgage rates are often below the national average. Is this true?
Answer: We conducted a search on Bankrate.com for a 30-Year Fixed mortgage with NO origination points and a 20% down payment in the cities listed below. Next we pulled the Annual Percentage Rate (APR) […]
Wealthy people like to save money too and You Save Real Estate, Inc., an online realty company, has a unique offer for the affluent home buyer. The former residence of US newspaper tycoon William Randolph Hearst, a 1920s-era Beverly Hills mansion, has been placed on the market for $165 Million. It […]
Read: Billionaires. Buy mansion and get $2.6 million cash back!
The home seller typically pays both real estate agent’s commission and the customary amount is 5-7% of the home sale price.
Here’s an example:
Assume a home owner sells her home for $300,000. She agrees to pay the listing broker a 6% commission or $18,000. If 2 real estate agencies are involved in the transaction, […]
Subprime lending is currently a big topic in relation to the economy and the real estate industry and we found this article on subprime lending from the Mortgage Professor interesting as it defines many of the key terms that you read about in the news.
In other news on subprime lending, AIG agreed with regulators to […]
A personal friend, I’ll call him Rex, recently contacted me seeking help. Rex’s father had passed away and he had been named the executor of his estate. Rex was on the hook to sell his father’s home in Arlington, Texas and one of the obstacles he faced was that he lived 200 miles […]
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