Buyers feel more comfortable shopping for homes online thanks to innovations such as virtual tours, and growing numbers are even making an offer on a home without seeing it in person. Redfin said last week that the trend of “sight unseen” offers is reaching record highs, with 45% of buyers who purchased a home in
Zillow seals acquisition of Mortgage Lenders of America
Real estate listings giant Zillow looks like it’s getting into the mortgage industry following the completion of its acquisition of Mortgage Lenders of America. Zillow has already made some significant steps to evolve its business, which was originally based on simple listings of homes. Back in May 2017 the company said it was getting into
How To Create a Financed Offer that Wins Bidding Wars
If you’ve bought a home recently, you probably participated in a bidding war. Bidding wars are a reality in virtually all real estate markets today as there is high demand for properties and low inventory everywhere. Consider this situation: Mark (40) and Nina (35) found themselves in a bidding war in Charlotte, NC. Expecting their