Automation makes the mortgage process more predictable and is faster, which can ultimately make both lenders and borrowers happier. Read more.
In this article, we explore how homeowners insurance works and what happens in the event of a house fire. Read more.
In this article, we discuss why loan officers and real estate agents do not get along and what they can do to foster a better relationship. Read more.
Learn the differences between banks and nonbank lenders to help you decide which way to go when taking out a mortgage or a small business loan. Read more.
The goal of many real estate tech companies is to tailor products for consumers that will improve customer experience. But with so many real estate tech companies entering the marketplace, it can be overwhelming to know just what's out there. We've highlighted five real estate technology companies for you. Read more.
If you're thinking to yourself, ''I am not tech savvy enough to understand these tools,'' you're wrong. Most of these tools are intuitive and user-friendly. Read more.
Seattle home prices won't be slowing down any time soon. Here are some reasons why Seattle will continue to be a hot market in 2017. Read more.
What's the secret to being successful at selling your home FSBO? We've provided stories from three people who have had success selling their own home without using a real estate agent. Here's what they had to say. Read more.
President Obama is a proponent of legalized marijuana, claiming that decriminalizing marijuana possession would help boost the US economy by reducing incarceration costs. But, what role does the legalization of marijuana play with property values in the US? Read more.
When you find your dream home, stay calm and remember the following realtor tips to get your offer accepted faster. Read more.
Whether home sellers need to disclose a death on the property and the kind, a peaceful death from natural causes or a gruesome or accidental one, depends on the state. Read more.
Central banks around the world are using negative interest rates as a tool to boost their economies. They are facing challenges with unintended consequences. Read more.
Houston Vs. Dallas? If you are considering moving to either of these major metropolitan areas, we've created a resource to help you make the decision process a little easier. Read more.
Mortgage lenders are optimistic about the future of the home loan mortgage business. Read more.
Lenders typically advertise the rates that are available for their most attractive prime customers. These customers typically have great credit scores, says David Reiss. Read more.
Learn how a Mortgage Rate, APR and Total Interest Rate (TIP) are calculated on your mortgage loan. Read more.
If you are serious about avoiding foreclosure, here are six tips that you should know. Read more.
After taking the real estate exam you should have a clear picture of what your new career will look like. Here are questions you should ask yourself to help you succeed as a Real Estate Agent. Read more.
Pulling your credit score can tell you where you stand before applying for a loan. In an effort to help you monitor your credit score, we've researched the top credit monitoring services. Read more.
One way to determine if mortgage rates are affected by the Presidential election is see to if there is any correlation between their direction and elections. Read more.
Property tax rates for all counties of New Mexico fiscal year for 2015. Read more.
Although San Francisco and Los Angeles share the same state, they are extremely different in terms of weather and nature, and cost of living. Read more.
You may not realize it, but with less competition, increased buyer power, and sunnier days, summer can be an ideal time to find your dream home. Read more.
There's no doubt that California, with its beautiful weather, great cities, and its beaches, mountains, deserts, forests, national parks, and lakes, is a desirable place to live. Read more.
Brexit, will make it difficult for Treasury yield and mortgage rates to rise in the upcoming weeks. Read more.
Hard money loans are loans from private investors that enable mortgage borrowers to attain financing to purchase, remodel, or reconstruct their homes when the conventional mortgage loan options are not available to them. Read more.
Mortgage rates ending as of June 9, 2016 Read more.
Paying off a mortgage used to be a common goal of many homeowners. Read more.
BeSmartee is a diverse, easy-going team located in Huntington Beach, CA. We're a family oriented company where values are the guiding force behind everything we do. Read more.
In this article we explore some creative financing options for your next home purchase. Read more.
Mortgage rates differ from county to county primarily due to the risk an investor of a mortgage or a portfolio (of numerous mortgages) has to face and be willing to pay for. Because mortgage investment risk is relative and variable, so too are their interest rates. Read more.
Breaking into real estate as an agent is tough. There is no guaranteed income. You usually have to spend your own money on marketing and advertising. Read more.
Are you having a hard time closing real estate deals lately? Today's hack will help. Read more.
In this article we discuss four ways that real estate agents can get ahead when their local market begins to slow down. Read more.
This article was written by an actual open house enthusiast - not a real estate professional. Take a step in this open house visitor's shoes to see what turns them off :). Read more.
This program is a great boost for California Real Estate agents. Let's join forces! Read more.
Foreign real estate investment in the United States, both commercial and residential, is a huge phenomenon that is only expected to accelerate, maybe even to skyrocket, in 2016. Read more.
What do you look out for? What are the signs? In this article, we'll explore some common warning signs so that you can find the right professional for the most important transaction of your life. Read more.
There are several factors that influence changes in mortgage rates. Nationally, the service release premiums (SRP), the prime rate, London Interbank Offered Rate (LIBOR), bond yields, inflation and mortgage-backed securities all have an effect on interest rates. Regionally, the borrower demand, local property values, mortgage default rates and unemployment rates can also play a part in mortgage rate variation. Read more.
In the HBO TV series, The Leftovers, characters in the show spend all their savings to buy a house, sight unseen. But they were dealing with a post-apocalyptic world and just needed a house, any house, no matter its condition. Read more.
We're getting out of the office this Wednesday to mix it up with the Silicon Beach crowd. If you're in the area - come on by! We'd love to meet and chat. Read more.
Real Estate Agents and Brokers are partnering with BeSmartee to promote their business and increase traffic to their websites and open houses, for free. Read more.
Did you see it? What was your reaction? Read more.
In this article we interview a real estate agent with questions that a first time home buyer might have. Read on to learn some critical things you should be aware of as a first time home buyer. Read more.
A good way to understand escrow is to think of it as a financial middleman. With an escrow account, a third party holds onto funds from a first party for a second party. You might wonder why the first party doesn't simply give the money to the second party, and that's a good question. Read more.
Unless you can shell out cash to buy a home, you will need to take out a home loan, or a mortgage. Although there are different types of mortgages available to consumers, such as a variety of adjustable-rate mortgages and balloon mortgages, the most popular is the fixed-rate mortgage, which is a fully amortizing loan, meaning that you get to spread out the debt in regular payments over time. Read more.
BeSmartee enables lenders to offer home buyers tools to pre-qualify for a loan in 2 minutes, get an instant approval with an approval letter in 20 minutes and close a mortgage loan in about 2 weeks. Read more.
Whenever there is money to be made or money to be spent, some unscrupulous folks will take advantage, trying to game the system or commit all-out fraud. Read more.
In this infographic we look at how your interest rate changes based on your loan-to-value ratio and FICO credit score. Read more.
Mortgage payments 90+ days late will trigger the first step in the foreclosure process, the filing of the Notice of Default. In this article, you will learn what a mortgage delinquency is and what the delinquency data looks like in Los Angeles County. Read more.
A delinquent mortgage occurs when payments are 30, 60 and 90 days late. After 90 days, the lender begins the unfortunate foreclosure process. This article outlines and details each of the major steps in the delinquency process. Read more.
San Diego County homeowners paid approximately $2.154 Billion in fees to lenders and brokers to attain a purchase loan and refinance their existing home loans from 2011 - 2014. In this article we break down loan quantity, loan volume and fees paid for each year. Read more.
When buying a home, you must consider all of the expenses that you will be responsible for beyond typical financing and purchasing costs. We will discuss the 10 most important expenses you should consider before buying a home. Read more.
Orange County homeowners have paid an estimated $2.340 Billion in origination fees to attain a purchase and refinance loan on their homes from 2011 - 2014. We review how many mortgages were originated, the average loan amount and what borrowers paid in fees each year. Read more.
A Home Owners Associations (HOA) manages property for the collective owners of a real estate community. Depending on how the HOA is managed can determine whether your investment becomes a nightmare, or a dream come true. We explain how in this article. Read more.
Prime rate determines the interest rate you pay for short-term loans such as credit cards, home equity lines of credit and adjustable rate mortgages. The fluctuation of the prime rate can help predict how consumers will spend money in the near future. Read more.
San Francisco County homeowners have paid an estimated $817.949 Million in origination fees to attain a purchase and refinance loan on their homes from 2011 - 2014. We review how many mortgages were originated, the average loan amount and what borrowers paid in fees. Read more.
We answer the question of how much house $500,000 can buy in California from 2012-2015 using real estate listing images and addresses of homes in five popular cities throughout the state California. Read more.
The dilemma of buying or renting a home is something many Americans wrestle with every year. This article will outline the benefits of owning a home and of renting a home to help you decide which may be the right choice for you. Read more.
Los Angeles County homeowners have paid an estimated $5.2 Billion in origination fees to attain a purchase and refinance loan on their homes from 2011 - 2014. This article will review how many mortgages were originated, the average loan amount and what borrowers paid in fees. Read more.
San Francisco is well known for its Golden Gate Bridge and technology startups. This article will outline how many homes have sold in S.F. County, the total sales volume, and how much in commission brokers and real estate agents made. Read more.
L.A. is one of the most popular counties in the U.S., with millions of residents calling it home. This article will outline how many homes have sold in L.A. County, the total sales volume, and how much in commission brokers and real estate agents made. Read more.
The California Association of Realtors (C.A.R.) is one of the oldest real estate agent associations in the U.S. Learn about their history, what they offer their members and the public and see data with charts about membership and licensees. Read more.
Lending Tree and Bankrate attract and refer website visitors to lenders, banks, and other credit providers for a fee. This article will review the history and describe how these companies make money through the services they provide. Read more.
FSBO is a method by which a home owner seeks to sell their property without using a real estate broker. There are advantages and disadvantages to selling your home using this method which we will review in this article. Read more.
Homeowners in California must pay semi-annual property taxes on November 1st and February 1st. In addition to these dates, we will review the entire property tax calendar to keep you well informed about California property taxes. Read more.
Zillow, Trulia and Realtor.com are popular online destinations for home owners, home buyers and real estate professionals alike. Each have gained market share by providing a service to its users that was not easily available in the past. Read more.
The MLS is a real estate listing service created for and by real estate brokers to help one another sell their clients properties. Learn about the past, present and future of the MLS and what they must do to survive among growing competition. Read more.
Real estate agents receive commissions from home buyers and sellers, collectively earning over $50 Billion per year. Learn how commission amounts are set, who pays them, and how they work in this article. Read more.
Mortgage-backed securities are bonds backed by payments on mortgages and other real estate loans. Although complex, some investors find them to be an attractive investment. Read more.
Chinese nationals are quickly becoming the largest percentage of international buyers of U.S. homes. Learn why California is the most popular place for their real estate purchases, what they're buying, and the impact it's having. Read more.
Throughout history, real estate bubbles have formed and burst in cycles that often fall within the same decade. Many see their investments rise in value, only see them fall again. Learn what occurs before, during and after a real estate bubble bursts. Read more.
Owning real estate has benefits over renting, such as tax deductions, no capital gains taxes and having fixed monthly payments regardless of inflation. These are 7 important benefits of owning real estate. Read more.
International buyers find real estate in the United States attractive, but the purchasing process is different for these buyers. Learn about the trend in international buyers, who they are and why they buy in the U.S. Read more.
Knowing about your third party closing costs can help you understand the total cost of your loan, and allow you to see what fees you can negotiate to reduce. Read more.
Closing costs for mortgage and real estate transactions are inevitable. Negotiate to reduce your closing costs using these 5 easy tips. Read more.
The new mortgage Loan Estimate and Closing Disclosure documents will replace RESPA and TILA disclosures. Easier to read, understand, and use to compare offers with other lenders. Read more.
RESPA and TILA disclosures display the rate, terms, fees and costs associated with a mortgage loan. They can be used to shop around for a better deal with a different lender. Read more.
A bankruptcy will make it very difficult to attain a home loan. These 5 tips will help you re-establish your credit quickly in order to qualify for a home loan. Read more.
Learn about the people who will be involved in your mortgage loan process. Knowing who they are and what they do will help you understand how best to use their services to your benefit. Read more.
E-Signatures simplify complex real estate and mortgage transactions, making it easier, faster and cheaper for buyers, sellers and borrowers to conduct business. What used to take days and weeks can be accomplished in as little as 15 minutes. Read more.
Consider the answers to these 7 questions before getting a home loan to help you better assess the financial obligations, responsibilities and risks involved with a mortgage transaction. Read more.
REO means Real Estate Owned, also known as Bank Owned. This occurs when a lender takes full ownership of a property because the previous owner was foreclosed on, and the lender was unsuccessful in auctioning off the property to a new buyer. Read more.
You've heard the term used before, but what does loan closing mean? Find out all you need to know about the process. Read more.
To qualify for a mortgage your credit report and score is scrutinized by all lenders. Make the right moves and improve your credit score to qualify. Read more.
Understand the difference between getting pre-qualified, pre-approved, approved and what it means to you. Read more.
Your DTI is used by mortgage lenders to determine whether you qualify for a loan, and if so, for how much. Improve your DTI with these 16 tips. Read more.
If you live in California and are over the age of 55 you can effectively reduce your property taxes when buying a new home. Read more.
List of secured property tax rates for all counties of California fiscal year for 2014-2015. Read more.