Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Get an appraisal.

The appraiser can’t be replaced by technology – Here’s why

Housing Wire

The public response to the recent Federal Housing Finance Agency (FHFA) Request for Information on appraisal-related issues was significant, with 164 unique written comments. ” The Value of the Human Appraiser. Fast forward 25 plus years and appraisers are busier than ever.

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Do Real Estate Developers Make a Lot of Money?

Realty Biz

Real estate development is quite a bit different from traditional real estate investing. The appeal of real estate development is the potential for higher operating profits during ownership and larger capital gains upon sale. Residential Development Project Scope.

Who Pays for the Appraisal and Why This Key Homebuying Step Is Worth Every Penny

HomeLight

If you’re taking out a mortgage, your lender will arrange something called a home appraisal. But who pays for the appraisal? This guide will help you understand who pays for the home appraisal and why it’s important. What is a home appraisal? A home appraisal: .

How one mortgage fulfillment service increases efficiencies while minimizing risks

Housing Wire

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence.

Evolve Mortgage opens another 100 underwriting positions

Housing Wire

Evolve’s announcement is timely as several housing executives noted companies are struggling to staff oper a tions divisions with underwriters, appraisers and notaries. in both its frontline underwriting and due diligence/QC underwriting departments.

Educate your real estate clients to make a connection that lasts

Easy Agent Pro

Budgeting, credit scores, how to prepare for the buying/selling process, down payment assistance programs, appraisals, inspections and VA/FHA loan information are just a few. Examples include contingencies, seasoned funds, due diligence, fixtures.

Real people. Real relationships. Real estate.

The Residential Specialist

David Washington, CRS, has been active in many facets of the real estate business over the past 15 years, including inspection, appraisal and brokerage services. So, from initial walkthrough, contract terms, inspection, due diligence, etc.,

Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

Additional contingencies that will support a beneficial short sale contract for the buyer include the condition of the property, the appraisal, and the financing. In this case, the research and development phase begins, to determine what a fair-market value would be.

How to Buy a Home As-Is and Make Sure You’re Protected

HomeLight

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. Still, they require a detailed appraisal to make sure the house is safe for the home buyer.

As-is 60

How to Get a Mortgage Loan: A Step-By-Step Guide for First-Timers

HomeLight

FHA loans are backed by the Department of Housing and Urban Development and accept credit scores as low as 500. Closing costs: These are the fees you’ll have to pay at closing and include charges for the appraisal and recording fees required by your city or county.

Loans 52

The Best Ways to Invest in Real Estate Shared by 3 Full-Time Investors

HomeLight

Nuss worked as an appraiser for more than 20 years and has been investing in Portland, Oregon, properties since 2003. In addition, he also does land development, new construction , and even small retail investments.

Navigating the Slopes and Market in The New Silicon Valley: How to Buy a House in Salt Lake City

HomeLight

Salt Lake City is home to several well-known festivals, although as of February 2021, cultural events have been scaled back or gone virtual due to the COVID-19 pandemic. Envision yourself at the top of a mountain looking down into a valley of opportunity.

Best Real Estate Websites For Buyers And Sellers In 2020

Norada Real Estate

Instead, we’re going to focus on the best real estate websites that make it easier to perform due diligence when researching properties and simplify the process of finding, vetting, and managing tenants. Best Real Estate Website – The Local Tax Appraisal District Website.