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Opinion: What you need to know for a successful real estate transaction

Housing Wire

Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. They also help to prevent fraud and ensure that the sale is conducted legally and ethically. They ensure that all conditions of the sale have been met and manage the disbursement of funds at closing.

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Lenders see appraisal modernization as a top priority

Housing Wire

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. In March 2022 , the Federal Housing Finance Agency (FHFA) made hybrid appraisals a permanent fixture.

Lending 476
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Mortgage lenders need to lean in to consumer expectations

Housing Wire

Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers. Technology that had long been available, but never saw the level of adoption the industry would have hoped for, was now in high demand. Technology as the new table stakes.

Mortgages 386
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NAR adds home improvement contractor’s app to Realtor benefits

Housing Wire

Curbio , a provider of pre-sale home improvement services that requires payment at closing, will provide its “Build Your Own Estimate” mobile app to NAR members, which offers free repair estimates for home inspections upon the upload of a PDF document.

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Fannie Mae pays $53M to settle recession-era discrimination suit

Housing Wire

Our role in housing finance brings important responsibilities.”. Instead, investors bought the run-down properties in bulk sales. The spokesperson highlighted a number of improvements to its REO maintenance practices, including adopting mobile technology and better fair housing compliance guidance for vendors.

Equity 374
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Find Real Estate Cash Buyers for a Speedy Sale

HomeLight

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

Sales 89
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Become a New Home Construction Expert

The Residential Specialist

So, I took it upon myself to learn more about it and found that a new build may be expensive up front, but when we look at the one-, five- or 20-year projections, and after considering the new technology and energy efficiencies that builders add, it isn’t actually more expensive.” There are costs for each inspection, of course.