Hello Everyone,

Here is a great read regarding Agent fees & commission caps for new buyers that you should start seeing in the near future !

This post from CBS news could be a HUGE interest to you. this is a MAJOR INSIGHT on what the Industry could come in contact with in the coming months~

” Experts said this week’s legal verdict that the powerful National Association of Realtors (NAR) and several large brokerages conspired to inflate home commissions could eventually reduce real estate agents’ fees and, crucially, lower costs for home buyers and sellers. At a minimum, the jury ruling will likely lead to greater transparency, long a source of confusion and frustration for consumers about where their money goes in real estate transactions.

The vast majority — or nearly 90% — of U.S. homes are bought and sold through real estate agents affiliated with NAR. The organization, the country’s largest trade association, requires home sellers to offer a non-negotiable commission before listing homes on its property database, known as the Multiple Listing Service, or MLS, which feeds into real estate sites such as Zillow. Paid by the home seller to their agent as well as the buyer’s agent, the commission currently stands at around 5% to 6% of a home’s sale price. “

Please read & let me know …

What is your thoughts on this?

Is this a positive or negative impact on you personally?

Were all getting ready for next year and hoping and wishing for the market to ease with inflation ASAP – Will this be a huge factor/reason for buyers to get back into the market? I think so, especially with the closing costs we have all been seeing ” Lately ” ( for a while now ) on your borrowers to get deals done, I think this will open up a chunk of the buyers market that we haven’t seen in a while.

Honestly, from an Account Executives point of view, Closing costs kill deals just as much as rates can ~

https://www.cbsnews.com/news/nar-lawsuit-verdict-real-estate-agent-commissions/

• This discussion was modified 1 week, 3 days ago by  Sapna Sharma.

This video clip is funny. Pranking a guy until he literally goes nuts.

https://www.facebook.com/share/r/Z1LV4FFvHHBExZ2A/?mibextid=D5vuiz

facebook.com

Please HOLD 📞 | Billy Rosewood IV | you_funny_fooker · Original audio

Please HOLD 📞. you_funny_fooker · Original audio

Buying a house in Montana can be an exciting and rewarding experience, as Montana offers a unique blend of natural beauty, outdoor recreational opportunities, and a relatively low population density. Here are some steps to consider when buying a house in Montana:

1. Determine Your Budget: Before you start searching for homes, assess your financial situation and determine how much you can afford to spend on a house. Consider factors like your down payment, monthly mortgage payments, property taxes, and maintenance costs.

2. Research Locations: Montana is a large state with diverse landscapes and communities. Decide on the area or city in Montana where you want to buy a house based on your preferences, such as proximity to work, schools, outdoor activities, and lifestyle.

3. Work with a Real Estate Agent: Hiring a local real estate agent who is familiar with the Montana real estate market can be a valuable asset. They can help you find properties that match your criteria, negotiate on your behalf, and guide you through the buying process.

4. Get Pre-Approved for a Mortgage: Speak with a mortgage lender to get pre-approved for a mortgage loan. This will give you a better idea of your budget and make you a more competitive buyer when you find a house you like.

5. Start Your Search: Begin looking for homes that meet your criteria, whether online through real estate websites, local listings, or with the assistance of your real estate agent. Attend open houses and schedule private showings to see potential properties in person.

6. Make an Offer: When you find a house you want to buy, work with your real estate agent to make a competitive offer. Be prepared to negotiate with the seller, and consider including contingencies in your offer to protect your interests.

7. Conduct Inspections: After your offer is accepted, schedule a home inspection to identify any potential issues with the property. You may also want to consider additional inspections for things like radon or well water quality, depending on the property’s location.

8. Secure Financing: Finalize your mortgage financing by working closely with your lender. Ensure that you have all the necessary documentation and information to complete the loan application process.

9. Closing: Once all the contingencies are met and the financing is in place, you’ll schedule a closing date. At the closing, you’ll sign all the necessary documents and officially take ownership of the property.

10. Move In: Congratulations! After closing, you’ll receive the keys to your new Montana home. Plan your move and enjoy all that Montana has to offer.

Keep in mind that the Montana real estate market can vary by location and season, so it’s essential to stay informed and work closely with professionals throughout the buying process. Additionally, consider factors like property taxes, homeowner’s insurance, and ongoing maintenance costs when budgeting for your new home in Montana.

Buying a house in Maryland, like purchasing a home in any other state, involves a series of steps and considerations. Here is a general overview of the process:

1. Determine Your Budget:

   • Calculate how much you can afford for a down payment, monthly mortgage payments, property taxes, insurance, and other associated costs. Consider pre-qualifying for a mortgage to determine your budget more precisely.

2. Research the Market:

   • Research different areas in Maryland to find the one that suits your needs, taking into account factors such as location, schools, commute times, amenities, and safety.

3. Find a Real Estate Agent:

   • A qualified real estate agent with local expertise can help you find suitable properties, negotiate on your behalf, and guide you through the home-buying process.

4. Get Pre-Approved for a Mortgage:

   • Before you start looking for homes, get pre-approved for a mortgage to understand your borrowing capacity and strengthen your offer when you find a property you like.

5. Start House-Hunting:

   • Work with your real estate agent to identify potential homes that meet your criteria. Visit properties, attend open houses, and narrow down your choices.

6. Make an Offer:

   • Once you find the right property, work with your real estate agent to make a competitive offer. The seller may accept, reject, or counter your offer.

7. Home Inspection:

   • If your offer is accepted, schedule a home inspection to uncover any potential issues with the property. You can negotiate repairs or ask for a price reduction based on the inspection results.

8. Secure Financing:

   • Finalize your mortgage application and secure financing for the purchase. This typically involves providing necessary documentation and working closely with your lender.

9. Complete the Closing Process:

   • Work with a title company or attorney to handle the closing process, which includes signing all necessary paperwork, transferring funds, and finalizing the sale.

10. Take Possession of the Property:

    • Once the sale is complete, you’ll receive the keys to your new home. You may also need to arrange for utilities, insurance, and other post-closing responsibilities.

Additionally, in Maryland, there are some specific considerations you should be aware of:

• Property Taxes: Maryland has property taxes, and the rates can vary by county. Make sure to understand the property tax rates in the area where you plan to buy.

• Homeowner’s Insurance: You’ll need to secure homeowner’s insurance for your new property.

• Settlement Costs: Maryland has a transfer tax and closing costs that buyers typically pay. These costs can vary, so it’s essential to budget for them.

• State Laws: Be aware of any specific state laws or regulations that may affect your home purchase in Maryland.

It’s crucial to work with professionals who are experienced in Maryland’s real estate market, including real estate agents, lenders, and attorneys, to ensure a smooth and successful home-buying process.

Buying a house in New Mexico, like purchasing property in any other state, involves several steps and considerations. Here is a general overview of the process:

1. Determine Your Budget:

   • Calculate how much you can afford to spend on a house. Consider your income, expenses, and any available savings for a down payment.

2. Get Pre-Approved for a Mortgage:

   • Contact a mortgage lender or a bank to get pre-approved for a home loan. This will give you a better idea of the price range you can consider.

3. Choose a Real Estate Agent:

   • Hiring a qualified real estate agent can be extremely helpful. They can provide insights into the local housing market, show you properties, and negotiate on your behalf.

4. Start House Hunting:

   • Begin searching for properties that meet your criteria, such as location, size, features, and price. You can use online listings, work with your agent, and visit open houses.

5. Make an Offer:

   • Once you find a house you like, you can make an offer through your real estate agent. Be prepared for negotiation with the seller.

6. Home Inspection:

   • It’s essential to have a professional home inspector evaluate the property’s condition to identify any potential issues or necessary repairs.

7. Appraisal:

   • The lender will require an appraisal to determine the fair market value of the property. This ensures that the property’s value matches the loan amount.

8. Secure Financing:

   • After your offer is accepted, work closely with your lender to finalize your mortgage application and secure financing.

9. Closing:

   • The closing process involves signing the final paperwork, transferring ownership, and paying closing costs. This typically takes place at a title company or attorney’s office.

10. Obtain Homeowners Insurance:

    • You’ll need to secure homeowners insurance before closing on the property.

11. Move In:

    • Once the closing is complete, you can take possession of the property and start moving in.

When buying a house in New Mexico specifically, here are a few state-specific considerations:

• Property Taxes: Research property tax rates and how they vary by location within New Mexico. Property tax rates can significantly affect your ongoing homeownership costs.

• Homeowners Association (HOA): If you’re purchasing a property in a planned community, check if there’s an HOA, as it may have specific rules, fees, and regulations.

• New Mexico Real Estate Market: Stay informed about the local real estate market trends, as they can affect property prices and availability.

• Legal Requirements: Consult with a real estate attorney to understand the legal aspects of buying property in New Mexico, including the closing process and any state-specific laws.

Remember that real estate transactions can vary, and it’s crucial to work with professionals like real estate agents, inspectors, and lenders to navigate the process successfully. Conduct thorough research and due diligence to ensure you make an informed decision when purchasing a house in New Mexico or any other location.

What is the difference between AXEN Mortgage and NEXA MORTGAGE?

Mortgage rates are surging to 25 year highs. Mortgage rates for 700 plus credit score borrowers are 7.5% on FHA loans. Lower credit score borrowers with credit scores down to 500 FICO are priced at 7.75% with as much as 3% in points. Mortgage rates on conventional loans are 8.125% for 720 credit score borrowers.

Do any of you have any idea or heard anything about where Mortgage Rates are headed or anticipate any form of correction?

Real estate agent commissions are being attacked once again, but as of age of myself, I was always deemed as a bargain brokerage. If I were to discount my commissions, to be competitive, the national association of Realtors seems to be losing the battle with the feds with their commission practices Are now affecting Home prices. What are your thoughts? Let me know. Check out this link. https://www.cbsnews.com/news/nar-lawsuit-verdict-real-estate-agent-commissions/

cbsnews.com

How real estate brokerage ruling could impact home buyers and sellers

Landmark verdict could ultimately reduce agent commissions by 30%, saving sellers a bundle, according to analysts.

Auto Repossessions are nearing 20,000 per day and increasing month after month by 5%

Inflation is screaming 😱 out of control. Many people who are very conservative have been saving money for years if not decades. What is the best way to invest money during periods of out of control Inflation?

30 year treasuries skyrocketing this morning surpassingthe 4.5% mark. Mortgage Rates expected to increase this morning when they open. What’s going on? Rates are expected to increase until the 2024 election.

. If Biden dies or gets impeached do we have to worry about this ding bat becing our President?Kamala Harris is being questioned by millions of Americans on her mental health state and her intelligence level. Is this idiot pretending to be dumb and stupid or is Kamala Harris a real idiot. Kamala Harris has zero brains 🧠 and seems this goof 🤪 is pretending to be a creature with a single digit IQ. Is this brainless moron the number 2 in charge of the United States? How humiliating to have this creature to represent the nation and be a power leader. The Imbecile in Chief. She has zero respect and is not a liked person in any way or form.

https://youtu.be/k7TCTQQWIZI?si=-hQw0rw-TbyD7SxJ

Here’s 11 year old Missy, a toy poodle, playing fetch with Chase.

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NEXA Mortgage LLC now offers 100% acquisition and renovation investment property loans. Needs to have a after improved value of 65% LTV.

• This discussion was modified 1 year, 2 months ago by  Gustan Cho.

Without the cost of land, do any of you know the cost of new construction on two-to-four unit multi-family buildings. It seems it is wiser to build a two-to-four unit multi-family home versus buying an existing two-to-four unit multi-family home.

Congratulations to former President Donald Trump. On November 5th, 2024, Former President Donald J. Trump and Senator JD Vance won the Republican ticket to the White House. Kamala Harris and her running mate Tim Waltz lost the Democrat ticket to the Presidency after Kamala Harris spent $1 billion dollars and is $20 million in debt. There are still staff members who are due their paychecks and are waiting.

Here are a few relevant points to consider:

Political Implications of Election Results

Impact on the Republican Party: Trump’s nomination could unify different factions within the GOP or exacerbate divisions, depending on how his campaign is received by various voter demographics.

Democratic Strategy Moving Forward: The outcome of Kamala Harris and Tim Walz may prompt the Democratic Party to reassess its strategies, messaging, and candidate selection for future elections.

Campaign Financing: The mention of significant campaign spending and debt raises questions about campaign finance regulations and money’s political influence.

Staff and Campaign Management: The situation with unpaid staff can affect morale and the overall effectiveness of a campaign. It highlights the importance of financial management in political campaigns.

Voter Sentiment: Understanding voter sentiments and the issues that matter most to them will be crucial for both parties’ preparations for the general election.

https://www.youtube.com/watch?v=9iCphDSLvVQ

I’ve come to the conclusion that marriage or the Covenant of marriage is under attack. It seems that more than ever before husbands and or wives are giving up instead of fighting for the marriage. This is a serious issue in our current culture.

Why is it that people are giving up in this modern day culture? Why are people failing to see the value of fighting for marriage?

Deception! We are fighting a fight with God’s enemy. Satan is hell bent on destroying the Covenant relationship. The Covenant of marriage is a beautiful thing and in its proper place and order in proper alignment with the Covenant we have with God the Father through Jesus Christ’s incredible gift on calvary, we can find the beauty of what God intended for us.

Love is being willing to lay down one’s life for someone else. In a marriage we are going to find that our mate isn’t always doing things we like and certainly aren’t always easy to love. It’s not the actions we need to love. If we base our decisions to love based on what they do instead of loving them because we decide it’s the right thing to do we will always be on a roller coaster ride that feels like it will never end.

The apostle Paul tells us in the first letter the the church of Corinth in chapter 13 verses 4 to 8 love is patient and kind; love does not envy or boast; its not arrogant or rude. It does not insist on its own way; it’s not irritable or resentful; it does not rejoice at wrongdoing., but it rejoices with the truth. Love bears all things; believes all things hopes all things; endures all things. Love never ends.

Imagine this being you he’s describing. Speak this with your name in each line. Now do the same for your spouse. Do you see how powerful this is? This is what we are called to do. We are called to do this for our spouse and others.

If you find yourself contemplating your future with your spouse, stop and consider what did Jesus do for you and me? He gave everything on the cross on Golgotha. He said in his dying breath Father forgive them for they know not what they do. We are called to lay down our rock like he convinced the men looking to stone the woman found in sexual sin. He wants us to lay down our Grievances toward one another and leave our incredible baggage at the cross for him to carry. Then pickup our cross realizing that it’s gonna hurt and follow him.

Oh, that’s not a popular statement is it? Everyone wants to believe when you come to Jesus it’s going to be rainbows and unicorns, but that’s never promised to us. We are promised that we will see trouble and we will have sorrow but that joy comes in the morning. We are promised that if we follow him we can have peace that passes all understanding.

So what are you waiting for? Focus on staying healthy in your relationship but if you’ve messed up and everyone does. Forgive and help your spouse find their way back to repentance and restoration with Christ Jesus. This is the message of the Gospel. I’m so glad to know and be able to walk in this and I hope this helps someone stay and stand for their marriage just like me. It’s worth it to fight. God’s already won. I know…

I read the end of the story. You can too.

About time

Home prices in Chicago South Loop are plummeting. Sellers are lowering prices and offering incentives. This correction is continuing throughout the city and Suburbs. Expect the downturn to continue in Chicago and other cities. Stay tuned

Look at this video clip of an Angel

https://youtube.com/shorts/vHs1G6jfqPM?si=3U78Ks72-vEa_6bt

What are the lending options for homebuyers on community property states.

What is affiliate marketing and how do you get started? Can you make good money with affiliate marketing? What are the step by step process in getting started and becoming successful with affiliate marketing?

What is a podcast? How can you start a podcast and make money? How do you monetize with YOUTUBE.COM and other social media channels. How do podcasters make tons of money? Can anyone start a podcast? What are successful types of podcasts to monetize asap

How do you monetize from YouTube? How do I make money making YouTube videos? What category should I focus on to monetize on YouTube.

How does EPM EMPOWERED DPA and GRANT PROGRAM work? How do I qualify for the EMPOWERED DPA PROGRAM for first time homebuyers?

Appraisal came in short at $210,000. Needed $225,000. Manufactured Home. Need 80% LTV cashout refinance to retire debts but appraisal shortage value need to explore HELOC with 90 CLTV. Any know who has the best rate and term. First mortgage is $30,000.

• This discussion was modified 2 months, 2 weeks ago by  Gustan Cho.

I am currently being relocated and will be selling a home in Birmingham AL which will allow me the minimum $25,000 on $250,000 down payment with my current scores between 500-550… Do you write loans in the state of TN?

Chicago, Illinois branded as the top three city in the .United States.

https://youtu.be/BhgSz7XF_K0?si=VeC5qr39Uc8Yxnlf

Chase going on a ride on my truck to get trained

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• This discussion was modified 9 months, 4 weeks ago by  Gustan Cho.

What is domain authority and domain rankings. What is Spam score and back link? What are toxic back links?