Realtor.com

FEBRUARY 5, 2021

But before the sale is closed, you will need to clear several hurdles, one of which may be a termite inspection. While only a few states require it—and there is no federal law that mandates a termite inspection when buying a home—you might want to think twice before skipping it. Your lender may require it.

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Inspection Loans Development Lending 122

Housing Wire

MAY 24, 2022

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. Currently, the appraisal process is the biggest issue facing the mortgage industry,” the mid-sized lender said. “It

Lending 473

Lending Loans Inspection Mortgages 473

Housing Wire

DECEMBER 6, 2021

They refinanced their mortgage in 2018 and 2019, and sought to do so again in 2020. It was in this third iteration of mortgage refinancing where the alleged appraisal bias occurred. This friend, “placed some of her own family photos, depicting her white family” around the house “prior to the inspection.”.

Development 391

Development Inspection Equity Mortgages 391

Housing Wire

JULY 15, 2021

HomeFree-USA gets homebuyers mentally and financially ready for mortgage approval.”. With HomeFree-USA’s Mortgage Achievement Roadmap, Davis was able to take on each step with a trusted homeownership advisor by her side. As part of Davis’ roadmap, advisors worked with her to help her develop a financial plan.

Lending 391

Lending Development Mortgages Inspection 391

Housing Wire

FEBRUARY 10, 2021

Lender Sierra Pacific Mortgage (SPM) announced Wednesday it will use CoreLogic’s collateral valuation platform in order to streamline future home appraisals. Sierra Pacific Mortgage, a California-based nationwide direct lender licensed in 49 states, has been searching for ways to increase underwriter productivity since 2018.

Loans 381

Loans Inspection Mortgages Equity 381

Housing Wire

MAY 31, 2021

Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. SCOUT enables remote property inspections, which has been critical during the COVID-19 pandemic,” Black Knight CEO Anthony Jabbour said. Anthony Jabbour, CEO.

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Inspection Industrial Mortgages Technology 221

Housing Wire

NOVEMBER 22, 2023

Another example is the LIDAR that’s now available on iPhones, which adds a whole other dynamic to developing point cloud technology to gather measurements and spatial information about anything that you’re scanning. Now, we’re giving a fully transparent data package to the appraiser that they have to use to develop their opinions.

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Technology Due diligence Development Loan Officer 411

Housing Wire

JANUARY 31, 2021

Mortgage servicers are staying busy. The company recently launched ClearLabs, an in-house research and development group that works alongside industry leaders and government-sponsored enterprises (GSEs) to continually build on what’s possible in compliant real estate valuation and analytics.

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Loans Technology Development Inspection 346

Realty Biz

FEBRUARY 28, 2023

However, mortgage missteps are likely to occur during the home-buying process, whether you are a first-time or veteran homebuyer. Being prepared for some of the most common pitfalls can make it easier to plan ahead and develop a strategy to avoid them. Here are four common mortgage mistakes to avoid when buying a home.

Pre-approval 95

Pre-approval Mortgages Closing costs Loans 95

Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. Diagnosing low H4P uptake. of all endorsements in 2021. of all endorsements in 2021. Harlan Accola.

FHA loan 370

FHA loan Due diligence Loan Officer Loans 370

Housing Wire

JANUARY 3, 2022

Clear Capital’s data science team developed the product and built it into the already existing platform, a review system that automates collateral underwriting in compliance with internal credit policies and government-sponsored enterprise guidelines. “One United Wholesale Mortgage also hopes to make its stamp on the appraisal space.

Technology 420

Technology Inspection Loans Residential 420

Housing Wire

MARCH 23, 2021

Last year’s record-high origination volumes impacted every aspect of the mortgage cycle, and appraisals were no exception. Use of an automated valuation model (AVM) paired with a property inspection has alleviated some of the capacity constraints in the workforce while saving time and costs for consumers. HW: What is the No.

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Inspection Technology Industrial Development 390

Housing Wire

JANUARY 27, 2023

Rent hike protections Nearly one-third of all rental units nationwide are financed with federally backed mortgages — and the blueprint may help curb some of the steep rent price increases for these properties. In addition, the USDA is developing a lease structure that follows the HUD Section 8 model. “We

Finance 401

Finance Development Inspection Mortgages 401

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. Jeremy McCarty, Co-Founder and CEO of Valligent.

Technology 273

Technology Inspection Loans Residential 273

Realty Biz

OCTOBER 21, 2023

From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. Development financing for larger new construction projects and alternative financing approaches should also be considered. Traditional mortgage loans are a common choice, particularly for individual spec homes.

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Loans Finance Construction Commercial 108

Housing Wire

MAY 23, 2023

The need to physically inspect each property will be replaced with data or other inspection options in many cases. Tavant has subject matter expertise to make sure that everything we’re developing related to mortgage is relevant to the people who are going to be using it. Johnson said. I think that’s a really great step.”

Technology 381

Technology Lending Inspection As-is 381

Housing Wire

JUNE 30, 2021

The right mortgage services provider is essential to helping wholesale lenders and their brokers thrive in this constantly evolving market. ServiceLink’s unique tech-enabled mortgage services include valuations as well. Clients are able to quickly schedule their appraisal inspection, without phone tag or other scheduling delays.

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Closing Title Lending Inspection 221

Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” Mortgage lenders wouldn’t want to conclude value based solely on AVMs. ” Amazing, right? What about AVMs?

Commercial 381

Commercial Renovation Technology Inspection 381

Rent, Buy & Sell

JULY 28, 2020

Buying a house is a stressful process, but mortgage advisers can give you great advice and help you land on your feet after securing your next real estate venture. Here are four important questions you should ask your mortgage adviser to accurately gauge your mortgage needs and ensure your application gets approved.

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Mortgages Loans Closing Inspection 142

The Residential Specialist

FEBRUARY 27, 2024

The Residential Specialist spoke with three CRSs who have worked with buyers in this sector, primarily with builders/developers (as opposed to an individual architect or custom home builder), and they all have great things to say about making this work for their business. The site agent will also help coordinate interim inspections. “I

Construction 97

Construction Inspection New Construction Residential 97

Realty Biz

MARCH 12, 2023

Preparing For an FHA Inspection Before your FHA loan can be approved, your buying home must be inspected and appraised. The inspection will check the roof is in a good enough condition, the water is drinkable, and many other things. Most people do not know there are FHA inspection requirements for appraisals.

FHA loan 93

FHA loan Inspection Loans Agents 93

Realty Biz

DECEMBER 15, 2023

Remember, a thorough inspection ensures your property's immediate profitability and safeguards against future maintenance surprises. Future Development Plans Investigating future development plans in the area is essential for understanding the potential growth and appreciation of the property.

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Due diligence Property Management Investor Finance 98

GeekEstate

SEPTEMBER 20, 2022

Arx : Building the decision-making engine for the real estate industry with a mission to catalyze the development of an equitably built world. The Arx platform automates the entire process of sourcing and evaluating potential investment and development projects.

Inspection 119

Inspection Property Management Technology Agents 119

Keeping Current Matters

OCTOBER 12, 2020

Most real estate agents have developed a strong Internet and social media strategy to promote the sale of your house. The inspection companies, which work for the buyer and will almost always find challenges with the house. You Won’t Know if Your Purchaser Is Qualified for a Mortgage. There Are Too Many Negotiations.

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Agents MLS Inspection Mortgages 275

Keeping Current Matters

DECEMBER 30, 2020

Most real estate agents have developed a strong Internet and social media strategy to promote the sale of your house. The inspection company, which works for the buyer and will almost always find challenges with the house. You Won’t Know if Your Purchaser Is Qualified for a Mortgage. There Are Too Many Negotiations.

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MLS Agents Inspection Mortgages 280

Housing Wire

FEBRUARY 8, 2022

Goldstone is an executive at a mortgage servicer company trying to reach out to homeowners. “We But we’re having a hard time reaching out to them,” he said during a panel at the annual Residential Mortgage Servicing Rights Forum held in New York City in October. We know who the borrowers are. We service their loans. of the U.S.

Loans 370

Loans Pre-approval Mortgages Principal 370

Propmodo

OCTOBER 31, 2023

The second quarter numbers of the Mortgage Brokers Association show commercial and multifamily loan origination dropping by an unbelievable 54 percent year over year. Inspecting each part of the project in order to make those payments can mean more work and more risk of error for construction lenders.

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Lending Commercial Banks Construction 113

Housing Wire

MAY 20, 2024

Department of Housing and Urban Development (HUD) on Monday published a new version of its Single Family Housing Handbook 4000.1, which includes numerous updates to its guidance for the Home Equity Conversion Mortgage (HECM) program overseen by the Federal Housing Administration (FHA).

Mortgages 420

Mortgages Inspection Residential Equity 420

Realty Biz

JANUARY 18, 2024

Homeowners with low rates are hesitant to sell and take on a new mortgage at a higher rate. Get a Pre-Purchase Inspection Inspections are generally the buyer's responsibility, but investing in an inspection of your own can uncover potential issues and help you set realistic expectations regarding price.

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Sales Inspection Staging Marketing 89

Realty Biz

AUGUST 29, 2023

Managing Your Budget and Financing Options Understanding the Mortgage and Loan Process When building a new house, it's crucial to understand the mortgage and loan process clearly—research different lenders and loan options to find the best fit for your financial situation.

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Construction Inspection Design Land 93

RIS Media

APRIL 11, 2022

To help make the process as seamless as possible, connect your client with a lender and secure mortgage pre-approval before flipping through hundreds of listings. Manage the inspection. Connect with a local home inspector you trust, whose experience and expertise will identify every red flag during a home inspection.

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Pre-approval Inspection Lending Staging 98

Marco Santarelli

APRIL 9, 2024

This is a contrast to other forms of real estate investments in which you first have to spend time and resources on construction, development, marketing, and selling. The developer does all the renovation and the property management company manages the property on your behalf.

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Due diligence Property Management Investor Development 98

Housing Wire

APRIL 22, 2024

Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection. House-hacking is a great way to build wealth and pay down your mortgage. She developed training materials, classes, and coaching programs for her fellow introverts.

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Brokerage Investor Agents Pre-approval 428

Realty Biz

FEBRUARY 28, 2023

Department of Housing and urban development Yes, we know. HUD housing is a program offered by the Department of HUD or Housing and Urban Development. HUD homes are foreclosed properties with an FHA-backed mortgage taken over by the US Department of Housing and Urban Development after a homeowner defaults on their loan payments.

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FHA loan Closing costs Loans Investor 103

RIS Media

JUNE 6, 2021

You can take out a mortgage for land the same way you would for a house—the only difference and inconvenience is the land’s assessment. The land mortgage expands over only two to five years. The risk increases proportionally to the time required to develop the land. This produces a couple of consequences. Land Loan Types.

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Land Loans Debt-to-income ratio Construction 121

McKissock Real Estate

NOVEMBER 9, 2023

Then, the data and photographs are drafted into a report and shared with the mortgage lender or a real estate appraiser to complete a desktop or hybrid appraisal. Prior to 2019, mortgage lenders could either require a comprehensive property appraisal to determine the accurate market value of a property, or they could waive it entirely.

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Inspection Lending Mortgages Industrial 52

Realty Biz

MARCH 2, 2023

Look at Short Sales or Foreclosures When the owner fails to pay their mortgage, the lender can take back the property and evict the occupants. In addition, you can only inspect the property after winning the auction. If you plan to sell your property in the future, buy a house in a developing area.

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Sales MLS Short sale Banks 120