Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

VA loan 76

VA loan Loans Due diligence HR 76

Housing Wire

NOVEMBER 30, 2023

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Pre-approval 379

Pre-approval HR Inspection Finance 379

HomeLight

MARCH 31, 2022

This is higher than the national median sales price ($408,100) , which represents a large sum of money for a first-time homebuyer. With some loans requiring as little as 3% down, the initial down payment on the average home could be around $16,300. As of the fourth quarter of 2021, median home prices in Pennsylvania were $543,830.

Closing costs 80

Closing costs Loans Closing Debt-to-income ratio 80

HomeLight

MAY 27, 2021

The average total cost of relocating an employee reaches as high as $90,017 , encompassing full relocation services and home-sale assistance. If you’re a homeowner, your employer may offer to reimburse you for home sale-related expenses. Inspections : Varies based on location, with a national average of around $328 .

HR 102

HR Closing costs Loans Inspection 102

Housing Wire

DECEMBER 20, 2022

Department of Veterans Affairs (VA) mortgage loans. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals, and in some circumstances, waiving appraisals altogether. . It is expected to be signed by President Joe Biden.

HR 370

HR Inspection Loans Finance 370