Housing Wire

JULY 24, 2024

What is happening with condos is that we have the condo safety act that was implemented, and the milestone inspections, and then the reserve fundings that are going to be required,“ Pithers added. Then those milestone inspections are forcing associations to do work that makes their complexes more attractive as an insured risk.

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Housing Wire

OCTOBER 18, 2024

It also has solutions for appraisal report writing and data gathering, along with a mobile app for appraisals, floor plans, and property inspections. It makes property inspections simple, allowing appraisers to take their mobile devices with them to inspect properties on the go.

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Housing Wire

OCTOBER 22, 2024

Another policy applying to PDMDAs typically requires “damage inspection reports“ for properties in these areas. A new temporary waiver of a second 14-day incident period applies for inspection reports stemming from the Hurricane Milton disaster area, which was officially declared on Oct.

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Housing Wire

JUNE 26, 2025

These reforms included provisions requiring “ milestone inspections ” of older buildings, which were supposed to be completed by the end of 2024, and SIRS to determine how much money should be saved for future major repairs. These inspections were for certain older buildings that are three stories or higher.

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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

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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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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Inspection Mortgages New Construction Equity 304

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

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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Technology Inspection Design Industrial 440

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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Closing Due diligence Earnest money deposit Pre-approval 357

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

MAY 27, 2025

The same applies to city inspections, which take place at the factory. Few surprises mean very few glitches with inspections. Prefabs require all the same building permits as custom ADUs and must pass the same city inspections. There are few surprises when youve built the same ADU multiple times before.

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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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Lighter Side of Real Estate

JULY 9, 2025

For a while now, buyers were waiving their inspection contingency just to stay competitive in bidding wars in many markets. While waiving inspections still happens in some areas and price points, it’s no longer the default move for every buyer. In fact, doing a home inspection is far more common than skipping one. And honestly?

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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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Inman

JUNE 17, 2025

The new policy was signed into law by Governor Maura Healey during the first week in June and is included in the state's larger Affordable Homes Act. The law will apply to sales after Oct. 15, 2025.

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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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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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Inspection Finance Mortgages As-is 545

Housing Wire

DECEMBER 27, 2024

The new rules apply to both appraisal waivers and inspection-based waivers , which leverage property data collected by a trained and vetted professional. Maximum loan-to-value (LTV) for appraisal waivers on home purchases will increase from 80% to 90%, and LTVs for inspection-based appraisal waivers will increase from 80% to 97%.

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Housing Wire

JUNE 16, 2025

When it comes to evaluating low-commission brokers, the report said consumers should look for the availability of full in-person services — including initial meetings, home inspections, showings and closings — and agents with good client reviews who offer commissions of 1.5%

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Brokerage MLS Inspection Agents 343

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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Mortgages Investor Inspection Loans 347

Redfin

MAY 22, 2025

Among the most important are understanding the roles of a home appraisal vs. inspection. Home appraisal vs. home inspection: What’s the difference? While both appraisals and inspections happen during escrow and involve evaluating a property, their purposes and focuses are fundamentally different.

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Keeping Current Matters

JULY 14, 2025

Tip #3: Don’t Skip the Inspection When you find the right home, it’s easy to get caught up in the excitement. But skipping the inspection just to make your offer look stronger is a gamble that could cost you. Instead, work with your agent to schedule a real inspection.

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Pre-approval Inspection Agents Land 215

The Living Room

JUNE 27, 2025

Buying a home is exciting, but inspections can be nerve-wracking. To make sure your investment is sound, understanding the inspection process is essential. This guide breaks down what an inspector does, how to read inspection reports, and how to tell major issues from minor ones. It can accumulate, especially in basements.

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Housing Wire

MAY 12, 2025

At the end of the day, getting a building inspection is critical. We always take a close look at the plumbing and electrical systems, along with the concrete foundations and the roof. Most of the old homes in Cleveland have basements, so we also look for any signs of water intrusion.

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Construction Renovation Inspection Agents 380

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 327

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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Purchase and sale agreement New Construction Construction Closing costs 360

Redfin

JUNE 18, 2025

Yes, a condo inspection is a crucial step in protecting yourself from unexpected repairs and hidden liabilities inside your home. That’s why a condo inspection is a crucial step in protecting yourself before you buy. In this article: Why is a condo inspection important? What does a full condo inspection include?

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Inspection FHA loan Closing Sales 59

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.

Lending 540

Lending Inspection Mortgages Finance 540

Lighter Side of Real Estate

JUNE 3, 2025

Waiving contingencies like inspections or appraisals became a common tactic, not necessarily because buyers wanted tobut because it sometimes felt like the only way to be seen on equal footing. The idea is to prevent buyers from feeling pressured into waiving their right to an inspection. If youve felt that pressure, youre not alone.

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Inspection Earnest money deposit Inspection contingency Agents 78

Housing Wire

OCTOBER 30, 2024

The changes raise the maximum LTV ratio from 80% to 90% for appraisal waivers, and from 80% to 97% for inspection-based appraisal waivers on purchase loans, consistent with refinance guidelines. In a social media post , former FHFA Director Mark Calabria called the decision “truly dumb & irresponsible.”

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Debt-to-income ratio Loans Loan Officer Finance 417

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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Inspection Technology Industrial As-is 441

Housing Wire

MAY 14, 2025

The eight companies selected for the 2025 REACH program have the potential to drive meaningful change across real estate now and well into the future, said Ashley Stinton, managing partner of NAR REACH.

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Commercial Technology New Construction Residential 268

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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Brokerage Technology Inspection Agents 320

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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Equity Inspection Technology Residential 441