Housing Wire

DECEMBER 20, 2021

This white paper covers the need for speed in title and what instant title means to your regional bank or credit union. With some additional pressure we could use it to move the industry forward faster and in a more positive direction. Taking a Page from Big Lenders to Achieve Game-Changing Speed. Presented by: Doma.

Title 376

Title Closing Inspection Residential 376

Housing Wire

AUGUST 21, 2023

The fastest-growing housing tech firm in 2023 was OptiFunder , which claims to produce the mortgage industry’s only optimization software built to systematically decision warehouse funding allocations and automate the complicated process of funding through loan sale. Based in Missouri, OptiFunder had a three-year growth rate of 4,767%.

Equity 360

Equity Technology Investor Lending 360

Housing Wire

APRIL 8, 2021

According to industry experts, there is more to a home offer than just the price you are willing to pay. This is important because it’s common to go over the asking price in a bidding war, and even though you say you will pay a certain amount, the bank will not lend you more than the appraised value of the home.

Pre-approval 433

Pre-approval Inspection Lending Staging 433

Housing Wire

FEBRUARY 21, 2023

The industry is buzzing with conversations around appraisal modernization — for good reason. It also holds great promise in attracting a new generation of bright, talented appraisers who may have otherwise not given the mortgage valuations industry a second look.

Pre-approval 319

Pre-approval Technology Title Loans 319

Housing Wire

APRIL 11, 2023

As a professional in the industry with over twenty years of experience, I know that two of the most crucial aspects of any real estate transaction are title and escrow. How has technology impacted the industry? Technology has disrupted the title and escrow industry in a positive way, making the process smoother and quicker.

Title search 359

Title search Title Purchase and sale agreement Preliminary report 359

Lighter Side of Real Estate

MARCH 27, 2024

While people outside of the industry often believe that commissions are a “standard 6%,” they’re not. While commissions may seem “high” to those outside of the industry, many agents don’t even come close to $10,000 commission checks on average. It depends upon you not working with a buyers’ agent, and representing yourself.

Banks 88

Banks Agents Inspection As-is 88

Housing Wire

JUNE 10, 2022

In 2016, New York passed a law establishing that lenders and servicers must inspect, secure and maintain zombie properties — which are defined as vacant and abandoned homes whose owners are behind on their mortgage payments. . In 2019, then-Gov. During the Great Recession, zombie properties were a thorn in the side of servicers.

Mortgages 373

Mortgages Inspection Residential Banks 373

Housing Wire

OCTOBER 9, 2020

Delivery to the GSEs for banks during September 2020 was just 26%, the lowest level on record, Koss said. ” For Gary Malis, chief financial officer of Paramount Residential Mortgage Group , the complexities in modeling right now are dizzying, especially when accounting for servicing and PIWs (property inspection waivers).

Marketing 370

Marketing Banks Investor Technology 370

Housing Wire

MAY 2, 2021

QVM Insights combines virtual inspection technology with industry-leading automated valuation services for professionals in the real estate ecosystem. It also factors in the effects of foreclosures, recent sales and other data inputs from virtual inspection to room-by-room condition.

Technology 201

Technology Inspection Loans Residential 201

Propmodo

OCTOBER 31, 2023

This has been a perfect storm for the commercial real estate lending industry. Falling property prices and liquidity fears are causing banks to slow or stop lending on commercial properties. I can’t think of any industry that could survive more than half of the revenue drying up in less than one year.

Lending 113

Lending Commercial Banks Construction 113

Housing Wire

OCTOBER 26, 2020

Guided by a leadership team with more than 150 years of combined industry experience, today Xome is recognized as a leading end-to-end solutions provider. Inspex solves an issue unique to 2020 by adding flexibility for homeowners who may not be comfortable with a vendor in-home inspection.

Technology 365

Technology Inspection Title Loans 365

Housing Wire

SEPTEMBER 8, 2022

The letter indicates the bank was only made aware on August 4 of the July 5 data breach at insurance-services provider OSC. The pleadings ask the court to grant class-action status to the litigation, arguing that the defendants KeyBank and OSC were negligent in failing to adequately monitor, inspect and control data-security practices. “[OSC

Mortgages 349

Mortgages Banks Loans Inspection 349

Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. So, even at the current rate of new-home construction, with demand at stellar levels, the homebuilding industry is still falling well short of the break-even point needed to actually reduce the nation’s housing deficit, assuming the experts are correct.

Land 368

Land Construction Development Finance 368

Realty Biz

MARCH 12, 2023

A real estate underwriter plays a critical role in the mortgage industry by evaluating loan applications and assessing real estate investment-associated risks. They work for lending institutions, such as banks and mortgage companies. Analyzes Financial Documents These documents include tax returns, bank statements, and pay stubs.

Debt-to-income ratio 106

Debt-to-income ratio Mortgages FHA loan Loans 106

GeekEstate

SEPTEMBER 20, 2022

The industry will convene in Los Angeles for iOi , the two-day conference on September 28th and 29th (next week!!), Arx : Building the decision-making engine for the real estate industry with a mission to catalyze the development of an equitably built world. at the JW Marriot L.A. Interested in attending next week?

Inspection 119

Inspection Property Management Technology Agents 119

Housing Wire

JANUARY 7, 2021

With the integration, Blend will have access to the companies Dual AUS functionality – a product unveiled in 2018 with the ability to run an application through both systems and quickly identify property inspection waivers early on in the process.

Mortgages 232

Mortgages Lending Loans Investor 232

Toronto Realty Blog

JUNE 2, 2021

No product, service, business, or industry is perfect either. Whatever industry you work in has its pros and cons, and you know this. Much of the inner-workings in our industry come under fire because outsiders lack information and/or understanding. 2) Conditional on home inspection. The world isn’t perfect.

Pre-approval 97

Pre-approval Inspection Purchase and sale agreement Due diligence 97

The Close

FEBRUARY 24, 2023

Ah, the home inspection. Because the home inspection can make or break a real estate transaction. If you’ve ever lost a deal thanks to a home inspection, you know the heartbreak. Let’s start with the basic questions most buyers and sellers have regarding the home inspection. Why Do I Need a Home Inspection?

Inspection 94

Inspection Loans As-is Agents 94

Realty Biz

OCTOBER 21, 2023

Non-conventional financing solutions, such as loans based on bank statements or income-based loans, may also be viable options. These loans are typically offered by banks and lending institutions and provide funding based on the builder's creditworthiness and the property's appraised value.

Loans 108

Loans Finance Construction Commercial 108

RIS Media

MARCH 31, 2022

Launched in 2020, this is the second cohort for the REACH UK program, which focuses on helping technology companies accelerate their growth throughout the real estate, finance, banking, home services and insurance industries. “We

Technology 96

Technology Commercial Finance Development 96

Housing Wire

APRIL 27, 2023

These developments—and more—can be seen as cracks in the armor of a housing-industry sector that rose out of the ashes of the Great Recession and grew to become a thriving alternative for individuals locked out the home-purchase market by rapidly rising prices.

Renovation 293

Renovation Residential Commercial As-is 293

RIS Media

SEPTEMBER 21, 2020

The homebuying process is already complex, so understanding certain words and terms in the real estate industry will help you get ahead of the game for when you’re ready to start buying. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more.

Pre-approval 76

Pre-approval Pre-qualification Title search Inspection 76

Marco Santarelli

MAY 24, 2024

Mortgage Rates Predicted High in 2024 Fannie Mae Weighs In: Rates to Stay High in 2024 Fannie Mae, a major player in the mortgage industry, recently released a forecast predicting a slowdown in housing activity due to interest rates that are stubbornly sticking at high levels. Here's the latest intel to help you navigate the current market.

Mortgages 52

Mortgages Pre-approval Fixed-rate mortgage Principal 52

HomeLight

JULY 5, 2023

It’s no secret that the mortgage industry isn’t super transparent about closing costs. Compared to the cost of a mortgage, this is not a significant expense, but it’s another way the mortgage industry tries to squeeze you. Many lenders also require a home inspection, to make sure your new house is safe and structurally sound.

Closing costs 97

Closing costs Closing Mortgages Loans 97

RIS Media

OCTOBER 6, 2020

The real estate industry is still very much in business, but there have been many changes in how homes are being bought and sold. News outlets are reporting that some banks, such as JP Morgan-Chase, are requiring higher credit scores as well as larger down payments to limit risk as people lose jobs and the economy wobbles.

Inspection 98

Inspection Banks Industrial Closing 98

Realty Biz

JUNE 7, 2021

I’m a nurse and I understand how easy it is for people familiar with an industry to fall into the habit of using jargon and acronyms without even realizing it. Someone should probably write a translation dictionary for the real estate industry. A home inspection contingency means that no unknown major problems are found with the house.

Inspection 92

Inspection Closing costs Inspection contingency Loans 92

McKissock

AUGUST 26, 2022

. “10% to 20% of time is spent on inspections, looking at sales, looking at neighborhoods in general, visiting governmental offices for data and information, taking educational classes and special events and meetings. I approach each appraisal in the same order with research prior to inspection and set up for the onsite visit.

Inspection 74

Inspection Residential Lending Banks 74

Toronto Realty Blog

AUGUST 29, 2022

Pierre, or “Jesse” from Breaking Bad telling us why and how we should bet on the third quarter of a college basketball game, that we know nothing about, all the while, padding the pockets of sports books, and taking money from the bank accounts of Canadians. It’s just the last thing society needs.

Inspection 78

Inspection Purchase and sale agreement Pre-approval Finance 78

McKissock

JULY 19, 2022

Just like any industry, there are certain deals you’ll probably want to avoid when deciding how to spend your time and money. Looks can be deceiving, so be sure to ask for the paperwork showing that routine inspections have been performed. Requesting private bank information . An unwillingness to provide routine paperwork.

Loans 98

Loans Banks Inspection Agents 98

McKissock

APRIL 23, 2021

Appraisal industry updates. Listen to the recorded webinar to hear about proposed changes to USPAP, get an update on current AQB and ASB activities, and get firsthand information on TAF’s viewpoint of the latest topics in the appraisal industry. 5 Tips for Preparing for an Inspection of a Luxury Home (infographic).

Inspection 89

Inspection Industrial MLS Staging 89

Realty Biz

NOVEMBER 18, 2021

But don’t mistake a BPO for a home inspection. A professional home inspection is much more thorough about looking for damage and repairs needing to be made. BPOs are also ordered by banks, mortgage loan companies, and asset management companies for several other reasons: Home purchases. Home loan refinances.

Short sale 111

Short sale Inspection Loans Banks 111

Miller Samuel INC

MARCH 18, 2020

As co-owner of an appraisal firm for 34 years, while based in Manhattan, we generally don't drive to appraisal inspections. By the time the first Fed rate cut was made in response to the coronavirus on March 3, we adopted a screening process for appraisal inspections. So let's look at some industry actions of the past few days: HEROES.

Inspection 52

Inspection Banks Staging As-is 52

RIS Media

AUGUST 16, 2021

The program aims to spark interest in the industry among mentees from all backgrounds and offer expert guidance and access to career opportunities and generational wealth-building. Mentors are industry influencers who are motivated to strengthen the real estate profession and create a more equitable future. – Durham, N.C.

Industrial 98

Industrial Commercial Property Management Inspection 98

Housing Wire

DECEMBER 8, 2023

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). ASREB’s courses, textbook, and exam prep content are written and taught by knowledgeable industry experts.

HR 339

HR Purchase and sale agreement Pre-approval Staging 339

Realty Biz

AUGUST 29, 2023

Seek recommendations from friends, family, or trusted professionals in the industry. By carefully managing your budget and exploring financing options, you can ensure your dream home becomes a reality without breaking the bank. Regular site inspections: Arrange regular examinations to monitor the construction progress.

Construction 93

Construction Inspection Design Land 93

McKissock

JULY 28, 2022

A redesigned, dynamic URAR will replace the numerous and separate appraisal forms and can be used for different property types, such as two-to-four units, condominiums, manufactured homes, and for different scopes of work, such as interior and exterior inspections, updates, and completion assignments.

As-is 83

As-is Residential Technology Mortgages 83

HomeLight

MARCH 6, 2023

A home inspection and a home appraisal both happen after an offer has been made and accepted. Think of it this way — the home inspection is for you, the home appraisal is for the bank. The bank won’t just use any old appraiser, but one with specialized experience. Buying acreage ? This will cost you more.

Pre-approval 64

Pre-approval Banks Loans Inspection 64