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Beware! Mortgage Forbearance is not Mortgage Forgiveness!

Beware! Mortgage Forbearance is not Mortgage Forgiveness!

Read the fine print on Mortgage Forbearance! Due to the Covid-19 crisis, many financial companies are offering incentives and assistance to consumers to help them through this difficult time. These allowances can be life savers right now for borrowers who are experiencing a gap in employment and/or reduced cash flow.…

How to Create a Virtual Open House

How to Create a Virtual Open House

Photos and Video are now especially important to marketing your listings! During the Stay at Home orders due to COVID-19, Virtual advertising of your listings is especially important. HomeSnap recently added a tool called Homesnap Stories. This feature is free to our agents as HomeSnap Pro members through Bright MLS.…

Coronavirus Mortgage Changes – Forbearance, Income Verification

 Realty Advantage had the recent pleasure of having Glen Lazovick speak to our agents as part of our ongoing training series. Glen Lazovick is VP of Residential Lending with APEX Home Loans. The Corona-Virus has affected every aspect of the real estate industry. In particular, the mortgage business has…

Are you familiar with the new GCAAR forms?

Are you familiar with the new GCAAR forms?

GCAAR Issued a New Form (and other updates) for February 2020 New GCAAR Form:  ‘Potential Adverse Consequence Acknowledgement’ In our local market, there are often multiple offers on a home for sale.  Therefore, buyers often look for ways to make their offer look better to Sellers.  Sometimes buyers want to…