Housing Wire

JUNE 11, 2021

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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Housing Wire

JANUARY 28, 2025

Property preservation borrowers were subject to Mr. Cooper’s property inspections between June 2011 and December 2017. Other properties also had subsequent inspections within 90 days of the lock change to confirm they were occupied. Cooper falsely flagged certain properties as vacant and changed the locks to prevent entry.

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Housing Wire

JANUARY 30, 2025

home equity based on different estimates its easy to see the potential impact that such a large cohort has on a variety of different businesses, including home inspections. Cook also feels like reverse mortgage professionals are potentially great partners for home inspection businesses.

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Housing Wire

JULY 24, 2023

The firm announced Friday that it is incorporating Public Resource Code (PRC) 4291 inspection data into its WFMS. Typically, insurers obtain proof that a property has passed inspection from the policyholder. Started in 2016, the inspection database is maintained by the California Department of Forestry and Fire Protection (CAL FIRE).

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Keeping Current Matters

AUGUST 9, 2024

If you’re thinking about selling your house, it’s important to know what the home inspection is and what inspectors look for.

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Inspection 357

Housing Wire

JULY 27, 2022

Charleston, South Carolina-based real estate tech firm PunchListUSA , which calls itself the first platform digitizing national home inspection data , closed on a $39 million Series A funding round this week. . ’s largest home inspection services providers, to offer customers instant repair estimates. .

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Housing Wire

OCTOBER 31, 2024

Restb.ai’s technology will be compatible with broker price opinions, appraisals, inspections and forms. “By Certainty is used by mortgage lenders and valuation providers, and ClearValue’s partnership with Restb.ai is designed to allow an AI-powered system to analyze photos of a property for identification and verification purposes.

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Housing Wire

FEBRUARY 19, 2025

Clarify key steps like inspections, appraisals, and the importance of meeting deadlines and any impacts of missing them. Walk your client through all the pieces of their offer, including price, inspection timelines, closing dates, contingencies and any due diligence or earnest money deposits.

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Housing Wire

FEBRUARY 28, 2025

With less competition, some buyers are backing out during the inspection period, hoping for a better deal. A growing supply of available homes is giving buyers more flexibility to walk away if issues arise during inspections, Redfin added. Meanwhile, pending home sales hit a record low for January, excluding the early pandemic months.

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Housing Wire

NOVEMBER 4, 2024

In writing both offers, Angela and I made sure to fully disclose how I was expecting her to get paid , as well as all of my requests, including a home inspection contingency clause. I grew up in an 1850s farmhouse and was not going to skip an inspection or an appraisal contingency.

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Lighter Side of Real Estate

MARCH 27, 2025

When buying a home, the standard home inspection provides a general overview of the property’s condition, but it doesnt cover everything. While some inspectors offer specialized inspections as add-ons, not all do. A mold inspection can help detect hidden moisture problems before they turn into a full-blown remediation project.

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Keeping Current Matters

MARCH 5, 2025

Selling a house comes with a lot of moving pieces, and the last thing you want is a deal falling apart over unexpected repairs uncovered during the buyer’s inspection.

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BAM Media

JANUARY 28, 2025

Kyle Berman, a 34-year-old real estate agent in Nashville, Tennessee, endured the uncomfortable experience of attending an inspection with his buyer this past weekend. Kyle has put 12 homes under contract in his three-year career but said he still feels like an actor playing the role of a real estate agent when it comes to inspections.

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Housing Wire

OCTOBER 5, 2021

One such way a buyer could make their offer more appealing is by waiving an inspection. In 2021, 65% of sellers reported that they received at least one offer that waived an inspection , but 88% of successful buyers said they got an inspection prior to finalizing their home purchase.

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Lighter Side of Real Estate

MARCH 18, 2025

As-Is in the Heat of the Moment vs. As-Is After the Inspection When multiple buyers are competing for a home, many of them will do whatever it takes to get their offer accepted, which sometimes includes offering to buy the home ‘as-is’ to beat out the competition. After all, they agreed to buy ‘as-is,’ right?

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Housing Wire

APRIL 18, 2025

Third-party inspections Although city and county inspectors verify code compliance, hiring an independent home inspector can provide additional peace of mind. Some builders offer extended rate locks or float-down options to help buyers manage this risk.

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Housing Wire

MARCH 20, 2025

Coordinating property inspections and updated valuations helps maintain collateral value, protecting long-term investment integrity. Compliance with state and investor guidelines, managing temporary payment suspensions, fee waivers and loan modifications, all ensure portfolio stability.

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Keeping Current Matters

JUNE 27, 2024

When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with.

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Inspection 324

Keeping Current Matters

APRIL 10, 2025

When you finally find the home you want to buy, it’s easy to get caught up in the excitement.

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Housing Wire

DECEMBER 11, 2020

Are borrower-assisted inspections here to stay? The relaxed lending standards allowed the GSEs to use “appraisal alternatives to reduce the need for appraisers to inspect the interior of a home for eligible mortgages.” Presented by: CoreLogic.

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Lending Inspection Mortgages Finance 540

Housing Wire

APRIL 8, 2025

Seventeen percent of first-time buyers skipped a home inspection , a choice more common among lower-income buyers (23% of those earning under $50,000 annually). Gen Z and millennial homeowners, as well as those who purchased within the last two years, were the most likely to encounter these problems.

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Housing Wire

APRIL 17, 2024

JaroInspect JaroInspect is the mobile inspection tool in the Jaro suite of appraisal tools. 2 The JaroInspect app quickly completes property inspections and utilizes a range of workflow tools to expedite user processes and enhance efficiency. #3 It is now introducing LIDAR floor plan technology to expedite the submission process.

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Housing Wire

SEPTEMBER 22, 2023

The AAR consists of an onsite property inspection completed by a local and licensed real estate agent or broker. That information is then provided to a licensed appraiser in the state who reviews the pertinent information within the inspection to set and support an opinion of value on the property.

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Housing Wire

JANUARY 29, 2025

Property inspections rank No. Medium to large brokerages are most likely to adopt, scale and implement AI in their operations. Meanwhile, smaller brokerages are less likely to use AI on a large scale. 1 as the most common use case for AI.

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Real Estate News

DECEMBER 23, 2024

These evaluations have the potential to make or break a transaction, and many buyers will have questions about whats involved and whats at stake.

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Inspection 245

Housing Wire

NOVEMBER 8, 2023

During the last refi boom, some appraisers were scheduling inspections as far as four to six weeks out, which was slowing down the entire loan transaction. As a Fannie Mae partner, SingleSource can utilize a larger pool of trained data collectors, so that property inspections can now take place in a matter of days, not weeks.”

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Housing Wire

JANUARY 21, 2025

Later, during the inspection period, the buyer hits the seller harder with a long list of repairs. However, in order for this to work for my client, we must have all the inspections completed by the 12th instead of the 14th. Example A buyer makes an offer on a property and the seller quickly accepts the offer.

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Housing Wire

AUGUST 8, 2023

Jaro Jaro technology is transforming the mortgage industry by offering appraisers a more efficient way to deliver final inspections right from the field. JaroInspect is the industry’s only compliant software that generates a 1004D inspection from the field. 2 Automatically pulls in all prior data from previous appraisal reports. #3

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Inspection Technology Industrial Mortgages 370

Housing Wire

SEPTEMBER 5, 2024

The FHA should critically evaluate and simplify inspection criteria, review the inspection requirements for FHA appraisals, and modernize criteria wherever possible “to help reduce homebuying hurdles over non-essential, smaller home repair issues,” the authors wrote.

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Housing Wire

MAY 20, 2024

This explains that damage inspections may be completed by “any FHA Roster Appraiser in good standing with geographic competence in the affected market.” The update also includes changes to a section about appraisals in presidentially declared major disaster areas.

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Mortgages Inspection Residential Equity 459

Housing Wire

AUGUST 5, 2022

Tasks like scheduling, property inspection and driving comps adds a great deal of time to the process. First, we need to ensure that property inspections are completed quickly and thoroughly and that the data is presented to the appraiser in an efficient manner.

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Housing Wire

MARCH 11, 2025

As Congressional representatives, our staff is in constant communication with our Region II field offices, asking for and receiving answers to questions about critical program status such as Section 8 waitlists, HUD building inspection results, landlord regulation compliance, and more, the lawmakers wrote.

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Housing Wire

MARCH 11, 2021

Fannie Mae noted at the time that many lenders were unable to obtain an appraisal based on a full interior and exterior inspection of the subject property as the virus continued to spread. In a statement issued on Feb. Those alternative appraisals may become long-term solutions.

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Lending Inspection Loans Finance 501

Inman

JANUARY 24, 2025

The reality TV stars along with 21 others are suing the city for its failure "to properly construct, inspect, maintain and operate its water supply system," which, they allege, led to the loss of their home in the Palisades fire.

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Housing Wire

MAY 21, 2024

Be diligent with a home inspection Since non-disclosure states lack public information on property conditions, a thorough home inspection becomes even more critical. You can request the seller disclose any known issues, and negotiate repairs or price adjustments based on the inspection’s findings.

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Housing Wire

AUGUST 21, 2024

The owner of the company said to me, “Well, you know, Debbie, when it comes time to do the termite inspection, you get in the way. I do the inspection. I will arrange the inspection. I’ll go do the inspection. I’ll go do the inspection. You call the client, then you call me to arrange it.

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Inspection Agents As-is Industrial 448

Housing Wire

AUGUST 31, 2023

Property data collection consists of a complete interior and exterior inspection of the subject property. Freddie Mac announced automated collateral evaluation (ACE) as a new solution and Fannie Mae followed not long after with the introduction of Property Inspection Waivers (later renamed Value Acceptance).

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Loans Inspection Lending Technology 418