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Trying to understand the Silicon Valley bank issues, 84 percent of home sellers have regrets?
Hey There! We devoted a large portion of our show tonight to the issues related to the Silicon Valley Bank. Are they experiencing a run? Is that appropriate given the information presented? What’s going on? We look to cover this through various articles and tweets.
We moved on to a discussion of a pilot program that seems to indicate that Fannie Mae may not require title insurance on some properties. This seems like a terrible idea….and in reading through the article, yes, just a bad idea.
Finally, from a Zillow report, why would 84% of first time home sellers have regrets about selling their home..We went over the top 4 regrets. It seems like the article is actually more of a general overview of regrets one could have over a given number of years and not necessarily pertinent to the current home selling environment we’ve had over the past few years.
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Mortgage Rates came in at 7.00 percent on a 30 year fixed today
1. Silicon Valley Bank…
https://finance.yahoo.com/news/svb-financial-ceo-asks-silicon-205352312.html
On the Twitter
Jamie Quint
https://twitter.com/jamiequint/status/1633956163565002752
CH
https://twitter.com/Econimica/status/1633353527211995136
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https://twitter.com/GRomePow/status/1633985273179824128
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Alf
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Real Estate News and Commentary
Eliminating title insurance during the home purchase process?
https://www.housingwire.com/articles/fannie-mae-rumored-to-be-looking-at-forgoing-title-insurance/
First Time Home Seller Regrets?
https://www.realsimple.com/zillow-first-time-home-seller-regrets-7187274
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