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What Is a Pre-Listing Inspection?

Windemere Buying

As you search for a home , you’ll likely come across the term “pre-listing inspection” here and there. Let’s take a deep dive on the pre-listing inspection, how it factors into making an offer on a home and unravel why some sellers choose to conduct it. What is a pre-listing inspection? Talk to your agent for more information.

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FHFA housing, condo co-op lending guidelines need improvement: Trade groups

Housing Wire

In the letter , addressed to FHFA Director Sandra Thompson , the associations ask for “reasonable” building inspection requirements for aging infrastructure. In addition, the groups “request transparency in the process of developing final guidelines for condo and housing cooperative lending requirements.” “Any

Lending 348
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5 Remote Inspection Tools for Desktop Appraisals

McKissock

As of mid-March 2022, banks and mortgage lenders can now use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages. Below are five remote inspection tools worth looking into. Another virtual inspection tool is HomeView by ValueLink, launched in July 2020. OwnerInsight.

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Houston fugitives in custody on mortgage fraud charges

Housing Wire

The DOJ said Campos and Best have been evading authorities since January after they were both indicted for allegedly participating in a conspiracy to defraud mortgage lending businesses, banks, the Small Business Administration and the Federal Trade Commission.

Mortgages 390
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Doma expands platform to six new states

Housing Wire

This white paper covers the need for speed in title and what instant title means to your regional bank or credit union. So, it’s like you put those things together and it’s like, what is the argument for having a human being go to a house and physically do an inspection.”. Taking a Page from Big Lenders to Achieve Game-Changing Speed.

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Homebuilders are at max capacity. And the housing shortage keeps widening

Housing Wire

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Doug Faron is one of three founding partners at Florida-based Shoreham Capital , a privately held built-for-rent (BFR) and multifamily residential developer focused on projects in the Southeast, primarily Florida. Taken by Felix Mizioznikov.

Land 368
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Making the dream of homeownership a reality for underserved communities

Housing Wire

As part of Davis’ roadmap, advisors worked with her to help her develop a financial plan. Throughout the process, Davis faced common issues, such as being outbid on a property and encountering unexpected defects in homes she toured that wouldn’t have passed inspection.

Lending 393