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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection.

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Mortgage lenders need to lean in to consumer expectations

Housing Wire

Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers. From hybrid appraisals to virtual showings to RON/RIN, the digital mortgage process took center stage over the last year. Technology as the new table stakes.

Mortgages 397
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The Evolution of Real Estate Technology

Realty Biz

While there are many reasons as to why that is, technology in real estate certainly played a major part. Real estate technology has come a long way in a short time. Today, real estate technology has evolved to include smart phones, real estate robotics, and a host of other innovative technologies. Property Management.

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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

How long does closing take from here? Next steps include the home inspection, appraisal, and final paperwork. But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. Average time to close. Source: Ice Mortgage Technologies , Data for Sept.

Closing 111
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Building the next generation of tech: Three ways to digitize home lending

Housing Wire

At each stage of the buying process, there are multiple siloed transactions, from appraisals, inspections and settlements to mortgage payments and homeowners’ insurance. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions.

Lending 331
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Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. However, it was deemed as too challenging technologically so it languished. Both are excellent uses of the technology to save time. So how can real estate agents be so cavalier about their job?

Agents 370
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Clear Capital’s loan servicing solution helps servicers evaluate and mitigate risk

Housing Wire

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.

Loans 239