RIS Media

JANUARY 21, 2022

Technology evolution in home inspection now enables a number of advances that benefit clients and agents alike. Agents that take advantage of these developments will help improve their clients’ home-buying and -selling process and will save themselves time as well.

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Housing Wire

FEBRUARY 1, 2023

Starting February 1, UWM’s one-time close construction loans will be available on eligible 15- and 30-year fixed conventional loans and 7- and 10-year adjustable-rate mortgages (ARMs), the firm said Wednesday. This type of loan only has one set of closing costs to pay, reducing the borrower’s overall fees.

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Housing Wire

DECEMBER 20, 2021

The Doma Intelligence platform works by automating many of the rote tasks of the closing process including retrieving and analyzing documents that need to be searched. Doma Intelligence is used by Chase , Wells Fargo , Homepoint and PennyMac to automate portions of their closings. Presented by: Doma.

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HomeLight

APRIL 14, 2023

But even though the monthly mortgage payments fit into your budget, you’re concerned about coming up with enough cash for a myriad of closing costs in addition to the down payment. Find a Buyer's Agent What are closing costs? Although the down payment is not part of your closing costs, it is typically due at the same time.

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Housing Wire

NOVEMBER 22, 2023

Another example is the LIDAR that’s now available on iPhones, which adds a whole other dynamic to developing point cloud technology to gather measurements and spatial information about anything that you’re scanning. It’s moving so much faster than ever before. And generative AI is probably the best example of that.

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Realtor.com

FEBRUARY 5, 2021

But before the sale is closed, you will need to clear several hurdles, one of which may be a termite inspection. While only a few states require it—and there is no federal law that mandates a termite inspection when buying a home—you might want to think twice before skipping it. Your lender may require it.

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Realty Biz

JUNE 7, 2023

What to Know About Final Walk-Through Problems There are many steps to successfully closing on a home, from making an offer to inspect the house by a professional to get your mortgage commitment to sitting at a closing table. One final step in the closing process is a final walk-through before getting to the closing table.

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Housing Wire

OCTOBER 10, 2023

Sellers would be able to carefully review comparable properties on the market as well as those that have successfully closed. A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It’s imperative that agents invest their time to properly prepare comps!

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HomeLight

JUNE 21, 2021

Along with Cassie Scramlin , a top agent and new construction expert in Battle Creek, Michigan , we’re taking you through a comprehensive new home inspection checklist and offering a few bonus tips on what to keep an eye out for during your final walkthrough. Download Your New Home Inspection Checklist! Untitled *.

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Realtor.com

NOVEMBER 29, 2021

SLRadcliffe/iStock How much does a home inspection cost? Department of Housing and Urban Development , a typical home inspection cost might range from $300 to $500. What to know about home inspection costs and other important details. But most real estate agents recommend you get an inspection, for your own protection.

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Housing Wire

APRIL 11, 2023

They ensure that all conditions of the sale have been met and manage the disbursement of funds at closing. The buyer must wait for bank approval, secure financing, complete inspections and perform last-minute walk-throughs to ensure all necessary documents and requirements are being processed. So why are title and escrow so important?

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Housing Wire

MAY 24, 2022

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. However, they have several more pressing priorities when it comes to what they’re investing in.

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HomeLight

MAY 23, 2022

Skip repairs and close in as few as 10 days. Real estate attorneys are considered essential for closing in the state of North Carolina. Looking to sell a house “as is” in North Carolina? Top-rated North Carolina real estate agent Ashley Schaus had a listing recently that was in really rough shape. Request Cash Offer.

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HomeLight

AUGUST 31, 2020

The home inspection : It’s that critical moment when the buyer anticipates that everything will be okay with the house — and it’s the time where sellers are biting their nails. Here are some of the most common repairs needed after a home inspection or a specialized home inspection. Then, they document their findings. Dead trees.

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Housing Wire

JULY 15, 2021

Through a close friend, Davis was introduced to HomeFree-USA, a nonprofit organization whose mission is to help prospective buyers reach homeownership. As part of Davis’ roadmap, advisors worked with her to help her develop a financial plan. When Davis became mortgage ready, HomeFree-USA worked with Citi to get her to closing day.

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Redfin

AUGUST 25, 2023

Before taking the plunge into homeownership, one essential step that can’t be overlooked is a comprehensive home inspection. In this Redfin article, we delve into some crucial tips and aspects to watch out for when it comes to a home inspection in the vast expanse of Texas. Courtesy of Grace Home Inspection Services 2.

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Housing Wire

MARCH 7, 2022

February 10 may go down as a momentous day in real estate history. That’s when a 70-year-old brick home in the St. Petersburg, Florida suburb of Gulfport sold for the equivalent of $654,310, where the asset exchanged was represented by a non-fungible token. million in 2020 to $24.9 Heckler was the listing agent of the auctioned off Gulfport home.

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HomeLight

MARCH 2, 2023

People who live here love the proximity to some of the west coast’s best beaches, as well as being close to destinations like Disneyland, Joshua Tree National Park, and the deserts of Palm Springs. Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well.

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Redfin

OCTOBER 10, 2023

In this dynamic setting, the process of home inspection becomes a journey through layers of historical significance and modern innovation that define a property. So, let’s delve into the world of home inspections in the Empire State. Why should you get a home inspection in New York?

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Housing Wire

AUGUST 3, 2023

The history of AI and where it is going The Turing Test was developed by Alan Turing in 1950. A functioning neural network was viewed as the pathway to develop AI capable of learning anything a human could, and perhaps becoming more intelligent than humans. The good news is that the early adopters will thrive. What is next?

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HomeLight

JANUARY 29, 2021

Other than that, you’re on the hook for the same closing costs as any other seller. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission. Closing costs without a Realtor®.

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Redfin

AUGUST 25, 2023

From the annual dance of hurricane season to the nuances of local architecture and environmental factors, being well-informed through an indispensable home inspection is paramount before buying a home. Unfortunately, some of these issues remain hidden until much later,” shares Inspection Services of Florida LLC. “We

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HomeLight

MARCH 6, 2023

The Bay Area is also close to beaches, national parks, and the wineries of Napa Valley. Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more.

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HomeLight

DECEMBER 13, 2021

Should you get an asbestos home inspection to find out more? Developing asbestosis , a chronic lung disease caused by inhaling asbestos, is another risk of serious concern. There have also been standards established for inspecting and removing asbestos in schools. Whether to test for asbestos is a thorny issue. Get Estimate.

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Housing Wire

MAY 2, 2021

We continue to see the benefits of using advanced AI and machine learning techniques when developing new mortgage lending solutions,” said Ann Regan, Executive, Product Management at CoreLogic. One of the first steps in determining a property’s value is the use of an Automated Valuation Model (AVM). Everyone wins.”.

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Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. Harlan Accola. And so, they know the local real estate agents. Real estate agents hate dealing with call centers,” he says.

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Housing Wire

MAY 23, 2023

To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you. The need to physically inspect each property will be replaced with data or other inspection options in many cases.

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Housing Wire

FEBRUARY 7, 2022

As part of the settlement agreement, Fannie Mae will pay $53 million, $35 million of which will go toward access to credit, property rehabilitation, residential development in African American and Latino communities and fair housing education, counseling and outreach. In 2011, Fannie Mae repaired 89,800 such properties, and sold 244,000.

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Housing Wire

NOVEMBER 30, 2021

After a summer filled with overwhelming demand and too little appraisal capacity, which increased loan costs and time to close, there is finally light appearing at the end of the tunnel. Through all the transformative and disruptive changes that have occurred over the past two years, there is one common thread that has emerged. All people.

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Housing Wire

MAY 2, 2022

From drive-through closings to drone-guided inspections, industry experts got creative to meet the growing demand for new homes for a surge of homebuyers and homeowners who wanted to take advantage of low interest rates. The mortgage giants partner with several lenders to see the results of the new product. “As

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Housing Wire

AUGUST 14, 2023

All of the homes that we have sold recently have sold in the first weekend with multiple offers at $50,000 to $100,000 over list price with no home inspection,” Casey Samson, the leader of The Casey Samson Team, said. Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country.

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The Residential Specialist

FEBRUARY 27, 2024

The Residential Specialist spoke with three CRSs who have worked with buyers in this sector, primarily with builders/developers (as opposed to an individual architect or custom home builder), and they all have great things to say about making this work for their business. New construction is always seen as much more expensive.

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First Team Real Estate

JANUARY 25, 2021

The recent California Governor executive order and the continued practice of brokers require a refresher on the brokers’ duties of inspection so that brokers understand what they may or may not do. If California brokers stop using the AVID form, it will no longer be the gold standard. may not be waived in an “as is” sale.”

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HomeLight

NOVEMBER 1, 2021

Industry experts estimate that sellers can expect to pay anywhere from 6% to 10% of their home’s purchase price in closing costs when it’s time to sell. To top it off, buyers sometimes ask sellers to pitch in for their closing costs, too — another 2% to 3% of the sales price. Property inspections. Typical seller closing costs.

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Housing Wire

MAY 2, 2021

Efficient data collection with aggregation and next-generation market analytics can drastically impact the closing process. QVM Insights combines virtual inspection technology with industry-leading automated valuation services for professionals in the real estate ecosystem. Appraisals are often time-consuming.

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HomeLight

AUGUST 25, 2020

home was on the market for an average of 24 days , with Ellie May estimating an average of 46 days to close on a purchase loan. That’s 70 days — or a little over two months — from listing to closing. Every house, every market, and every individual sale will vary in terms of days on market and closing timelines.

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Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” ” Amazing, right? It is not to be construed as an appraisal and may not be used as such for any purpose.”

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