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. It has definitely slowed,” said Cyndee Haydon , a Seminole-based agent for Future Home Realty.

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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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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

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

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. a year earlier and is the highest rate recorded for January since at least 2017. Las Vegas 17.9%

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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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Housing Wire

FEBRUARY 19, 2025

Buyers agents are not just bright smiles that open doors were the guide our clients rely on to navigate the homebuying process. This is when your buyers need you the most. Thats why having a definitive homebuying checklist is an essential part of your agent toolkit. Have you spoken to a lender? What is your reason for purchasing a new home?

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Housing Wire

NOVEMBER 4, 2024

Editor’s note: This is the fifth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. million in volume in 2023, according to RealTrends Verified data.

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Housing Wire

APRIL 30, 2022

Incenter Appraisal Management’s RemoteVal technology allows appraisers to cut out all physical travel and get more inspections done, in turn generating more orders per day that they can complete. The real difference with RemoteVal is that it keeps appraisers in full control of the appraisal inspection,” said Erik Pogwist, Chief Appraiser.

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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. Nearly one quarter of U.S.

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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

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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Staging Inspection Closing Agents 370

Housing Wire

MARCH 19, 2025

While most of the insurance crisis news is focused on the impact of hurricanes and wildfires , hail is gaining ground as the repair of storm-damaged houses has grown so expensive that insurers are increasing premiums and even dropping homes to protect profits. That’s more than every U.S. trillion, Schneyer said.

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Inspection As-is Design Mortgages 308

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

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.” The flexibilities surrounding verbal verification of employment and appraisals were originally set to expire on Dec.

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Housing Wire

JANUARY 29, 2025

Property inspections rank No. The use of artificial intelligence (AI) is becoming the new norm for many real estate agents and brokerages. Real estate technology provider Delta Media released a new report that highlights a sharp jump in AI usage from last year. ” Most leaders also consider AI to be more important than ever.

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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

OCTOBER 1, 2024

handbook, including inspection and repair escrow environments for loans that have yet to close. Properties in PDMDAs which have pending loans or endorsements, and which have been designated for individual assistance, must have “a damage inspection report that identifies and quantifies any dwelling damage.” More than 1.5

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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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Equity Inspection Technology Residential 459

HomeLight

APRIL 2, 2025

Looking to sell a house as is in Hawaii? Whether youve got a fixer-upper or recently inherited a relatives home, sometimes the goal is to skip repairs, get a fair offer, and move on. However, selling a house as is usually means accepting a lower offer, and it doesnt always prevent buyers from trying to negotiate savings. I don’t think so.

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Housing Wire

DECEMBER 6, 2024

Its up to us as agents to stay engaged and stay in contact with our clients. Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Lets dive in! Summary What is a real estate newsletter? Why send a regular real estate newsletter?

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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.” Department of Housing and Urban Development (HUD) on Monday published a new version of its Single Family Housing Handbook 4000.1,

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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

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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FHA loan Debt-to-income ratio Inspection Finance 476

Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Here are nine tips to navigate the home-buying process in non-disclosure states. What is a non-disclosure state? Tips for homebuyers in non-disclosure states 1.

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MLS Inspection Development Sales 488

Housing Wire

OCTOBER 27, 2020

Some are waiving inspection contingencies, while others are avoiding repair requests, opting to handle home repairs, fixes and upgrades as needed later on. While this approach could certainly help buyers win out in a bidding war, the strategy also comes with some serious risk — especially if the home inspection is skipped.

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Windemere Selling

FEBRUARY 17, 2025

A home inspection can be a useful tool for buyers, sellers, and anyone looking to protect their investment and get the greatest possible value from their home. Identifying Issues Early When youre selling a house, a pre-sale inspection can be incredibly beneficial. When Should You Get a Home Inspection?

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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. The COVID-19-related flexibilities surrounding alternative verifications of employment and appraisals were originally set to expire on March 31, 2021.

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Lending Inspection Loans Finance 501

HomeLight

MARCH 7, 2025

Looking to sell a house as is in New Hampshire? Whether youve got a fixer-upper or recently inherited a relatives home, sometimes the goal is to skip repairs, get a fair offer, and move on. I think there are two different types of as-is sales. Maybe the seller is elderly, moving, or relocating, and they know their home is marketable.

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Housing Wire

APRIL 8, 2021

When you’re trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. According to industry experts, there is more to a home offer than just the price you are willing to pay. If they have a working relationship, they can usually get those things done pretty quickly.”.

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Pre-approval Inspection Lending Staging 468

Housing Wire

MAY 2, 2021

First American offers an integrated suite of staff and network appraisal products and services, including standard appraisals, collateral inspection services and hybrid valuations through First American Mortgage Solutions’ Appraisal Management Company (AMC) and the First American Staff Appraiser Company.

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Technology Mortgages Inspection Investor 459

Housing Wire

MAY 3, 2024

They are also aware that they can negotiate on price and terms up front, as well as negotiate at inspection. Difficult inspections have been on the rise over the last few months. In Fannie Mae ‘s most recent National Housing Survey, only 17% of consumers said they think it’s a good time to buy a home. With only 1.3

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Pre-approval Lending Inspection Land 455

HomeLight

MARCH 7, 2025

Looking to sell a house as is in Princeton? Whether youve got a fixer-upper or recently inherited a relatives home, sometimes the goal is to skip repairs, get a fair offer, and move on. Its important to note that selling a house as is usually means accepting a lower offer, and it doesnt always prevent buyers from trying to negotiate savings.

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As-is Inspection Finance Investor 52

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. Whether you have a team or not, you should think of vendors and affiliates as an extension of your team.

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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). How do the solutions work?

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Loans Inspection Lending Technology 418

Housing Wire

SEPTEMBER 19, 2023

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? The appraiser inspects the property An appraiser visits the property and conducts a visual inspection of the home’s condition. The negotiations were successful, and a deal has been reached. Not necessarily.

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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. ER : ServiceLink has offered hybrid appraisals for almost 15 years.

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