Housing Wire

NOVEMBER 4, 2024

Angela is the 11th-ranked agent in the state by sales volume, closing 38 sides and $29.82 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. million in volume in 2023, according to RealTrends Verified data.

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Housing Wire

MAY 2, 2021

To help mitigate these pain points, Incenter Appraisal Management is offering remote BPO and remote inspection capabilities paired with AVMs. Incenter’s Remote BPO and remote Inspections don’t require homeowners to download mobile applications and take pictures on their own.

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Keeping Current Matters

JANUARY 26, 2021

It’s also a different step in the process from a home inspection , which assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from a home inspection , which assesses the condition of the home before you finalize the transaction. Home Inspection. Home Appraisal.

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Keeping Current Matters

OCTOBER 25, 2021

Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. Here’s a breakdown of what to expect from the appraisal and the inspection, and why each one can potentially save you a lot of time, money, and headaches down the road. Home Inspection. But is that the best move?

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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

DECEMBER 11, 2024

A public inspection version of the rule was released on Tuesday prior to its final publication. This rule amends the requirements for the sale of eligible single family mortgage loans insured by the [FHA] that have been assigned to the secretary of the U.S. The rule goes into effect on Jan.

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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

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 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. Some states are “limited disclosure,” meaning sales information may be submitted to the local assessor but not made available to the public.

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Housing Wire

SEPTEMBER 19, 2023

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? A licensed appraiser conducts the evaluation and considers the condition of the property, the location and sales of comparable properties (comps) in the area. Mortgage lenders want to make sure the property is worth the sale price.

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Housing Wire

JUNE 10, 2024

In 2023, Yu closed 29 sides, representing $63 million in sales volume. 526 slot nationwide in the 2024 RealTrends Verified rankings for sales volume. ”As Coldwell Banker Realty is adding another top-producing agent to its roster. Yu was most recently affiliated with Compass , operating out of its Burlingame office.

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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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Housing Wire

JANUARY 14, 2022

Collateral valuation is a critical component of mortgage lending and the home sales process. During the course of the pandemic, mortgage professionals have seen origination volumes for refi and purchase skyrocket as they have simultaneously faced challenges of accessing properties and completing in-person inspections.

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Housing Wire

OCTOBER 6, 2020

You can also bet it will show up on the inspection report. This could mean losing out on valuable profits or the entire sale altogether. Want to really up those sale proceeds? But making a few choice upgrades and renovations could mean a more marketable property, a faster sale and, most importantly, more in profits.

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Housing Wire

SEPTEMBER 24, 2024

She transitioned to real estate sales in May 2022 after a three-year career in property management. She transitioned to real estate sales in May 2022 after a three-year career in property management. ” In 2023, Hu recorded 16 transaction sides for a total sales volume of $22.2

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Housing Wire

JULY 29, 2022

The median home-sale price nationwide did rise 11.2% San Francisco actually posted a home-price decrease of 0.5%, turning in a $1,581,000 median sale price for June. Home sales for June declined by nearly 16% year over year in June, the Redfin report shows, “the largest decline since May 2020.”. And price carefully.

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HomeLight

APRIL 2, 2025

I would say sellers in this market have a pretty good understanding of what their home has to offer, and if they’re selling it as is, oftentimes they’re doing the things that they need to do to put the house on the market or the property on the market for an as-is sale, he adds. We’ll state in the remarks as an as-is sale.

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Housing Wire

JUNE 10, 2021

According to Redfin, the average real estate commission is 5%–6% of the home’s sale price. A seller concession could include putting money towards the inspection costs, appraisal fees, taxes or another expense. While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. Bottom Line.

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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

APRIL 2, 2024

billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area. New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area.

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Housing Wire

OCTOBER 27, 2020

They mean a longer sales process, potential repair costs, and maybe even a lost deal altogether. Make sure to talk to your agent before agreeing to any contingent sale, and consider your options carefully before moving forward. The real estate market is hot right now, and bidding wars are the norm in many parts of the country.

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HomeLight

NOVEMBER 12, 2024

Is this a legal safety net that protects you against all liabilities in a home sale? In this post, we’ll explain what caveat emptor means, which states apply it to home sales, and how sellers can approach it wisely to protect themselves. Which states apply caveat emptor in home sales? But what does it mean to home sellers?

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HomeLight

MARCH 7, 2025

I think there are two different types of as-is sales. The other type of as-is sale involves a distressed situation, like a hoarding case or some kind of crisis that forces the seller to walk away. As is is a type of home sale in which its understood that no improvements will be made to the property. Real estate transfer taxes?

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Housing Wire

OCTOBER 9, 2024

Across the country, the topic is causing quite a stir as real estate professionals are sorting out how to incorporate buyer requests and seller offers of buyer agent compensation into a purchase and sales agreement. What few actually considered, though, was what would happen when a buyer went from looking at a property to making an offer.

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HomeLight

MARCH 7, 2025

For example, if you have an estate where the owner has passed away and the family is taking care of it, thats a situation where we might advise an as-is sale to lessen the burden on the family during the transaction, he adds. for every $500, depending on the sale price What is as is condition in real estate? 2.00-$6.05

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As-is Inspection Finance Investor 52

Housing Wire

JUNE 22, 2021

Redfin reported earlier this month that the national median home-sale price hit a record high of $377,200 in May, up a record 26% year over year. Most of the buyers in this area are putting offers in with no appraisal gap — willing to take care of anything that doesn’t appraise — and no inspections, which makes me cringe.”.

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Marketing Inspection Agents As-is 476

Housing Wire

JULY 26, 2024

The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties. Although you can sell your home for whatever price you like, a controlled sale may incur certain tax liabilities for both parties. Why is selling to a family member different?

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Housing Wire

MARCH 18, 2024

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. Regulators are paying close attention to valuations for many valid reasons.

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Technology Inspection Investor Mortgages 448

Housing Wire

JULY 18, 2024

Closing tasks such as appraisal , inspection, title insurance and homeowners insurance are done remotely. trillion in existing-home sales, NAR reported. Miami -based startup Waltz Inc. launched on Wednesday to serve international investors in U.S. real estate with a fast, digital mortgage process. A digital U.S.

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Finance Investor Banks Residential 448

HomeLight

OCTOBER 15, 2024

You’re going to want to stay ahead of the competition and make sure your upgrades pass inspection, especially if you’ll be selling the house in the near future. All this points to the important first step in any big project for your pre-sale projects: assembling your home renovation team to get the job done right. Renovating?

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HomeLight

MARCH 12, 2025

Alex Adabashi , a top Nevada real estate agent with over 15 years of experience, says that the homes most commonly sold as-is are several decades old, by homeowners financially unable to bring these homes up to speed for a market sale. Fast facts about selling a house as is in Nevada The median sales price in Nevada (As of Jan.

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Housing Wire

DECEMBER 14, 2022

During the moratoriums, all of our post-foreclosure sales work, the REO, the post-sale, FHA work really almost went to zero,” said Michael Greenbaum, COO of Safeguard Properties. In October, the company added more than 275 subcontractors that complete inspections, preservation and yard/snow services to its network.

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Inspection Technology Equity Investor 418

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. TF: Effective risk management in REO asset sales involves awareness of the intrinsic risks.

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Due diligence Marketing Mortgages New Construction 435

Housing Wire

MAY 11, 2021

Unfortunately, the ability to obtain information on individual property data about these two factors is hard to come by, short of an interior physical inspection. By the GSE definition, a C5 is a home in need of some significant repairs — and from the comment, it appears the agent hinted so when the property was listed for sale. .

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MLS Inspection Renovation Residential 397

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

MAY 24, 2022

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. However, they have several more pressing priorities when it comes to what they’re investing in.

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Housing Wire

JULY 10, 2024

But Fleischmann noted that he still sees the occasional escalation clause, as well as waived inspections and appraisal gap clauses. “I There is just a lack of availability of properties for sale, and because of that, competition still exists,” Campos said. A score of 30 or more is considered indicative of a seller’s market.

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