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How can the mortgage industry be more prepared for the next natural disaster?

Housing Wire

The housing industry, from servicers to real estate agents and more, will feel the impacts of this year’s hurricane season far beyond 2022. We have lenders coming to us asking about the potential impact of a mortgage loan closing should the NFIP lapse. Many states do have sellers disclosure laws.

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6 Tips for Taking the Flood Insurance Risk Out of Home Closings

RIS Media

How Real Estate Agents Can Use Flood Risk Data to Their Advantage. Flood risk is both a hidden peril and a great opportunity for the real estate industry to better protect their customers and communities as it can hinder real estate transactions and closings in many ways, such as: – Surprise coverage requirements can delay closings.

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6 Tips for Taking the Flood Insurance Risk Out of Home Closings

RIS Media

How Real Estate Agents Can Use Flood Risk Data to Their Advantage. Flood risk is both a hidden peril and a great opportunity for the real estate industry to better protect their customers and communities as it can hinder real estate transactions and closings in many ways, such as: – Surprise coverage requirements can delay closings.

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Should I Tell Buyers My House is Haunted?

Windemere Selling

Though this case had a ripple effect in the housing industry, you should still check with your agent regarding the seller disclosure laws in your local market. Although the laws around haunted disclosures are a bit murky, if a buyer asks about the history of the home, you as the seller have a duty to be honest.

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How to Buy a Home Without a Real Estate Agent

Redfin

What to know when buying a house without a real estate agent. Let’s start by looking at some frequently asked questions about buying without an agent. . If you work without an agent, can you only buy homes that are for-sale-by-owner (FSBO)? You can make an offer on any home just as you would if an agent were representing you.

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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

Gaining an early understanding of the legal documents for buying a house will help you avoid confusion and keep stress levels to a minimum while you’re in the midst of negotiations , inspections , and closing. Real estate agent contract. Working with just one agent actually is to your benefit as a buyer — contract or no contract.

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The Ultimate Guide to Buying a House in Texas

Redfin

You’ll fall in love with Austin’s thriving tech industry, world-class universities, breathtaking parks, and expansive lakes like Lake Travis and Lady Bird Lake. Start with the Fort Worth Stockyards, a historic district that celebrates the cattle industry with rodeos, cattle drives, and western-themed shops.