Housing Wire

JANUARY 26, 2021

People often confuse the home appraisal with the home inspection. Appraisals are estimates of a home’s value — and they’re typically required before you can close on your mortgage loan. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Projects to avoid.

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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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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

JANUARY 21, 2025

Negotiation is not just a skill its an art. In real estate, knowing the keys to a successful negotiation is essential. Skillful negotiations can not only help you build a more sustainable career they can also help you earn higher compensation, get more listings, and achieve more satisfying outcomes for your clients.

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Housing Wire

JANUARY 29, 2025

Most brokerages had between 101 and 500 agents, and most closed $1 billion to $5 billion in total transaction volume. Female leaders follow closely behind at 82.6%. Male leaders have closed that gap,” the report explained. Property inspections rank No. Last year, female leaders outpaced their male counterparts.

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Housing Wire

NOVEMBER 1, 2024

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. The industry acronyms alone look like alphabet soup. Let’s dive in!

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Housing Wire

MAY 9, 2022

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. Washington, D.C.,

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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

APRIL 7, 2025

Just agree on a price up front, collect every penny at closing, and let the buyer handle any issues once they own it. They may agree to take the house as-is, but also retain their right to a home inspection saying they just want to make sure theres nothing major wrong with the house. Two little words, and poof! 3) “Nope.”

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Housing Wire

MARCH 11, 2021

According to the FHFA, the extended flexibilities include: Alternative appraisals on purchase and rate term refinance loans; Alternative methods for documenting income and verifying employment before loan closing; and Expanding the use of power of attorney to assist with loan closings. As of March 11, the CDC reported close to 95.7

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Housing Wire

JUNE 10, 2024

In 2023, Yu closed 29 sides, representing $63 million in sales volume. My skills as a tough negotiator, my financial knowledge, and my thorough diligence with inspections, paperwork and closings are essential when it comes to helping clients buy and sell their homes. ”I That was good for the No. That was good for the No.

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Housing Wire

JUNE 10, 2021

A concession is when the seller agrees to pay part of a buyer’s closing costs. A seller concession could include putting money towards the inspection costs, appraisal fees, taxes or another expense. Sellers also have to pay closing costs. According to HomeAdvisor , the average seller pays almost $1,500 in staging costs.

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Housing Wire

MAY 20, 2024

These include refreshed guidance on applications and disclosures, HECM eligibility, property acceptability and underwriting, closing requirements, and program details for HECM for Purchase (H4P) and reverse mortgage applicability to condominiums. There are also newly added definitions for what constitutes “foreign income.”

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Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. Also, its total value of transactions closed and recorded since 2010 is over $436 billion.

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Housing Wire

JANUARY 12, 2023

Are you closing as quickly as you’d like? The title and settlement processes should never hold you back from meeting your home equity application-to-close goals. The refi boom is in our rearview mirrors and the road ahead looks promising for home equity volume. Black Knight’s report of a $1.2 Black Knight’s report of a $1.2

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Housing Wire

MARCH 7, 2022

February 10 may go down as a momentous day in real estate history. That’s when a 70-year-old brick home in the St. Petersburg, Florida suburb of Gulfport sold for the equivalent of $654,310, where the asset exchanged was represented by a non-fungible token. million in 2020 to $24.9 Heckler was the listing agent of the auctioned off Gulfport home.

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Housing Wire

DECEMBER 20, 2021

The Doma Intelligence platform works by automating many of the rote tasks of the closing process including retrieving and analyzing documents that need to be searched. Doma Intelligence is used by Chase , Wells Fargo , Homepoint and PennyMac to automate portions of their closings. Presented by: Doma.

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Housing Wire

JULY 18, 2024

” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. . Closing tasks such as appraisal , inspection, title insurance and homeowners insurance are done remotely.

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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. HW: How can appraisal modernization enhance the valuation process?

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Housing Wire

SEPTEMBER 9, 2021

The survey data supported the notion that today’s consumers are willing to take the reins and self-serve during certain aspects of the home-buying process, from application to close. For many homebuyers, their confidence diminishes the closer they get to the closing table. Why should the mortgage process be any different?

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Housing Wire

NOVEMBER 27, 2023

Veev , a promising modular homebuilding company that’s raised $600 million, could close after a plan for a capital raise failed, according to reporting out of Israel. Veev’s business model is innovative: it provides pre-inspected, fully cladded walls directly to homebuilders , ready for installation.

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HomeLight

APRIL 2, 2025

Real estate attorneys are not essential for closing. Still, they are often hired by escrow agents and title companies to prepare closing documents due to Hawaiis history of land division and recording procedures and its implications on modern real estate practices. Looking to sell a house as is in Hawaii? I don’t think so.

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Housing Wire

SEPTEMBER 24, 2024

My attention to detail with inspections, paperwork and closings are essential when it comes to helping clients buy and sell their homes,” Hu said in a statement. Coldwell Banker Realty is strengthening its roster of California- based agents. Hu was previously brokered with Keller Williams Santa Clara Valley.

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Housing Wire

AUGUST 21, 2024

Now, people make mistakes, sometimes things happen, but you are looking for them to be as close to flawless in their delivery and execution of what they do as possible. 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.

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Housing Wire

MARCH 10, 2023

” In a statement Friday, Accurate Group said it has completed more than three million property data inspections and hybrid appraisals through its ValueNet suite of products. .” Our appraisal, property inspection, title and closing technologies are designed to plug into any digital platform.”

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Housing Wire

FEBRUARY 21, 2024

Curbio , a provider of pre-sale home improvement services that requires payment at closing, will provide its “Build Your Own Estimate” mobile app to NAR members, which offers free repair estimates for home inspections upon the upload of a PDF document. Founded in 2017, Curbio is based in Potomac, Md.

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Housing Wire

FEBRUARY 1, 2023

Starting February 1, UWM’s one-time close construction loans will be available on eligible 15- and 30-year fixed conventional loans and 7- and 10-year adjustable-rate mortgages (ARMs), the firm said Wednesday. This type of loan only has one set of closing costs to pay, reducing the borrower’s overall fees.

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Housing Wire

SEPTEMBER 24, 2024

“Today’s agreement brings the FTC’s three-year investigation to a close and puts this matter behind the Company, which will, as always, move forward with its continuous efforts to better serve its customers and enhance its practices.” Invitation Homes also promised a “quality assurance inspection” and “24/7 emergency maintenance.”

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Housing Wire

MARCH 18, 2024

Regulators are paying close attention to valuations for many valid reasons. Valuation Selector helps lenders and investors identify the most suitable valuation method (AVM, AVM with inspection, desktop exterior, desktop interior or full appraisal) for a property, depending on its complexity.

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Technology Inspection Investor Mortgages 448

Housing Wire

JULY 26, 2024

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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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). How do the solutions work?

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Housing Wire

OCTOBER 9, 2024

Maybe you are trying to make your offer more attractive to the seller, so you don’t include it on the purchase and sales, but in a negotiation situation, I think it is really important to have it on there, just as you would if you are waiving inspection, so that way everyone knows what the buyer’s intentions are going in.” Heading into Aug.

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Housing Wire

JUNE 24, 2021

If a homebuyer can’t close on their mortgage in time to buy the home they want, instead of losing out on the house, Accept.inc will buy the property with its own funds and reserve the home on their behalf. If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close.

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Housing Wire

JANUARY 4, 2023

This was going on pre-pandemic, but during the pandemic people were waiving their inspections, or were buying homes sight unseen. Q: What are the most common trends in wire fraud and how can first-time homebuyers avoid it? A: The process that they [criminals] use is a common social engineering technique called phishing.

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Housing Wire

DECEMBER 8, 2022

Another appraisal innovation is Freddie Mac’s ACE+ PDR product (automated collateral evaluation plus property data report) solution, which involves an inspection-based waiver and has been in effect since July. We are effectively increasing the supply of people who can go and facilitate inspections in the industry,” Zitin said.

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Housing Wire

MAY 7, 2021

Make sure you inspect your HVAC system to see if anything is broken or looks like it’s on the verge of being broken. Make sure you inspect your HVAC system to see if anything is broken or looks like it’s on the verge of being broken. Unfortunately, there’s still work to be done until you can sit back and relax. Set Up Utilities.

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Housing Wire

DECEMBER 8, 2020

Residential real estate marketplace Sundae has announced it closed $36 million in Series B funding on Tuesday, led by QED Investors and with additional participation from Founders Fund , Susa Ventures , Navitas Capital , Prudence Holdings and General Global Capital. million in Series A funding this June. “Our

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