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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

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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Your Massachusetts Title V Might Have Failed

Maximum Exposure Real Estate

Understanding Massachusetts Title V Approval Is it possible when buying a Massachusetts home, the Title V inspection report you receive as evidence that it has passed is invalid? YES, it is!

Title 74
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A look at the role instant title plays in the borrower journey

Housing Wire

A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. HousingWire recently spoke with Dave Steinmetz, Division President of Origination Services for ServiceLink, on what tools lenders should leverage to streamline home equity title and closing.

Title 361
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How Long Does a Title Search Take

RIS Media

It would be best to make sure that the property you are interested in has a clear title. However, always keep in mind that problems with the property titles generate most issues experienced during real estate transactions. The easiest way to escape these issues is to make a property title search. Why Do You Need a Title Search.

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SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Housing Wire

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

Housing Wire

Real estate transactions can be complicated, especially when it comes to titles and escrow. As a professional in the industry with over twenty years of experience, I know that two of the most crucial aspects of any real estate transaction are title and escrow. So why are title and escrow so important?