Richard Haddad - Profile and Journalist Details
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Richard Haddad
Verified
Managing Editor, HomeLight
Beats
The only beat I don't have experience in is sports.
Content
By Richard Haddad Verified| HomeLight@ If a child can’t reach an apple on a tree, do you lower the branch or give them a step stool? This is the concept behind the question, “When should a home seller buy down the interest rate for a potential buyer?” High interest rates have left many buyers stretching to afford today’s monthly mortgage payments. To close a deal, you might receive a request to lower your asking price.
By Richard Haddad Verified| HomeLight@ Theodore Roosevelt once said that every person who invests in well-selected real estate “adopts the surest and safest method of becoming independent.” Experienced investors will agree that a well-selected property is key, but few would label the process as “sure or safe.”However, with the right plan, patience, and determination, many ordinary Americans have found financial independence or helpful passive income through real estate investing.
By Richard Haddad Verified| HomeLight@ If a child can’t reach an apple on a tree, do you lower the branch or give them a step stool? This is the concept behind the question, “When should a home seller buy down the interest rate for a potential buyer?” High interest rates have left many buyers stretching to afford today’s monthly mortgage payments. To close a deal, you might receive a request to lower your asking price.
Company Info
HomeLight
HomeLight is a San Francisco-based real estate technology company founded in 2012 by Drew Uher. It offers a digital platform that simplifies residential real estate transactions through services like agent matching, cash sales, mortgage solutions, and home-buying options. The company connects buyers and sellers with top-performing local real estate agents using transaction data and performance metrics. HomeLight provides cash offers for sellers through its Simple Sale program, allowing for quick transactions without traditional listings. It also enables homeowners to buy a new property before selling their current one, streamlining the process. Additionally, HomeLight Home Loans offers competitive mortgage solutions, and the company provides closing services, including title, escrow, and insurance. HomeLight serves over 365,000 clients annually, including homeowners, buyers, and real estate agents, and collaborates with 1.2 million agents nationwide. Its platform leverages data from 40 million historical transactions to enhance client outcomes, focusing on efficiency in selling, buying, and financing.
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Founded: 2012