Consumers who choose to use an iBuyer to sell their home often end up paying much higher fees than they would have if they’d gone with a traditional real estate agent, according to new research from Collateral Analytics. iBuyers are companies that provide instant cash offers and quick closings on a home, which can be
New owners can expect to pay $40,000 in fees to buy a home
October 4, 2018 by
Buying a home is one of the most expensive transactions someone will ever make, and home shoppers can expect to spend $40,000 on average in one-time fees on the typical U.S. home, according to a new analysis from Zillow company RealEstate.com and Thumbtack, an online service that matches customers with local professionals. For first-time buyers,
Invitation Homes faces accusations of poor property maintenance and unfair fees
August 1, 2018 by
Renters are accusing Invitation Homes Inc., an investment firm that owns the most single-family homes in the U.S., of not properly maintaining their properties.
Down payments are major concern for homebuyers, Zillow study finds
January 16, 2017 by
It costs more than two thirds of the average annual income to cobble together a 20 percent down payment on a home, which is why many potential homebuyers say saving for a down payment is one of their top concerns.
6 Tips To Move Out For Less
February 12, 2013 by
Moving is expensive. In fact, it’s the reason that some people choose to stay in one place. To many tenants, just the thought of relocating is stressful. Not only do they have to spend money on moving, but they must also pay deposits on the new residences. And not only is the process taxing on the pocketbook, it’s even more burdensome for the mind and body.
Fannie and Freddie Could Raise Fees in 2012
September 21, 2011 by
Analysts believe that the government may need to charge higher fees to lenders and increase mortgage insurance from borrowers in order to guarantee loans when they go ahead and overhaul Fannie Mae and Freddie Mac – a move that could lead to increased borrowing costs. The government is trying to boost competitiveness within mortgage markets,
