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Why appraisal modernization alone is not enough

Housing Wire

Appraisal modernization is generating a lot of buzz in the real estate lending industry. The most forward-thinking lenders are following the lead of their counterparts in other industries and making the move to a more platform-centric approach to business process automation and reporting — across the loan process.

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Real estate appraisals: What agents should know

Housing Wire

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? This includes foreclosed properties, flipped properties, distressed properties, commercial properties and industrial properties. The negotiations were successful, and a deal has been reached. Not necessarily.

Agents 436
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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

Property data collection consists of a complete interior and exterior inspection of the subject property. Freddie Mac announced automated collateral evaluation (ACE) as a new solution and Fannie Mae followed not long after with the introduction of Property Inspection Waivers (later renamed Value Acceptance). How do the solutions work?

Loans 329
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How a Home Inspection Works When It’s Your House in the Hot Seat

HomeLight

You’ve done the work to get your home ready to sell — repainted rooms a neutral color and taken care of minor repairs, hired a great real estate agent , staged it to perfection , kept it clean for open houses and home tours — and now you’ve accepted an offer. Up next: The home inspection. What is a home inspection?

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How to negotiate your home purchase offer

Housing Wire

According to industry experts, there is more to a home offer than just the price you are willing to pay. Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process.

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5 best Arizona real estate schools for 2024

Housing Wire

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

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Mortgage lenders need to lean in to consumer expectations

Housing Wire

From hybrid appraisals to virtual showings to RON/RIN, the digital mortgage process took center stage over the last year. From hybrid appraisals to virtual showings to RON/RIN, the digital mortgage process took center stage over the last year. The pandemic had a profound impact on the home-buying experience.

Mortgages 377