Remove As-is Remove Closing costs Remove Inspection
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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? Have you budgeted for closing costs? 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.

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CoreLogic: Jump in home-purchase closing costs outpaces refi loans

Housing Wire

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. How to avoid home closing delays in 2022.

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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis , the average homeowner spends over $15,000 in “hidden costs” to sell their home. . While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. Sellers also have to pay closing costs.

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Selling your home to a family member in 5 easy steps

Housing Wire

Whether you’re a year away from selling or hoping to close in a few months, a timeline is important for all parties, especially if your family member needs to sell an existing home, secure financing, and arrange moving details. Why is selling to a family member different? However, it might save both parties money on Realtor fees.

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UWM rolls out construction-to-permanent loans

Housing Wire

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. This type of loan only has one set of closing costs to pay, reducing the borrower’s overall fees.

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Sundae raises $36 million in Series B funding

Housing Wire

Sundae pairs sellers of distressed properties with potential buyers, claiming that homeowners can close in as little as 10 days or wait and choose to remain in the home for weeks after the sale. Sundae doesn’t charge closing costs or agent fees, but charges buyers in its investor marketplace a fee when it “assigns” them a property.

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Consolidated Analytics’ Ed Gerding: The pillars of QC in action

Housing Wire

Quality control reviews include analysis and identification of any property issues and items of safety, soundness, or structural integrity to determine whether the lender appropriately required inspections or repairs prior to the purchase of the home by the borrower.

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