Housing Wire

SEPTEMBER 24, 2024

She transitioned to real estate sales in May 2022 after a three-year career in property management. 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. “I

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Agents Property Management Inspection Branding 430

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 447

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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Inspection Investor Closing Agents 435

Housing Wire

JUNE 10, 2021

According to Redfin, the average real estate commission is 5%–6% of the home’s sale price. 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.

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Seller concession Staging Closing costs Inspection 546

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. In Florida, Tom Baker — the district sales manager of The Keyes Co.’

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Purchase and sale agreement Agents Sales Closing 468

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. Put everything in writing.

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Purchase and sale agreement Finance Closing costs Closing 459

Housing Wire

APRIL 2, 2024

Steinway, who closed more than $1.5 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. Chicago, I think, is suffering more than most markets in the United States.

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Loan Officer Loans Finance Mortgages 447

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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Finance Investor Banks Residential 447

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. Their title and closing products should help you simplify your processes and reduce your application-to-close time frames.

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Equity Title Technology Inspection 418

Housing Wire

NOVEMBER 4, 2024

Angela is the 11th-ranked agent in the state by sales volume, closing 38 sides and $29.82 In writing both offers, Angela and I made sure to fully disclose how I was expecting her to get paid , as well as all of my requests, including a home inspection contingency clause.

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Purchase and sale agreement Inspection contingency Inspection Title 435

RIS Media

JUNE 27, 2024

A thorough home inspection can ensure a smooth transaction. Knowing what inspectors look for helps you address issues beforehand.

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Inspection Sales Closing Industrial 137

Housing Wire

JUNE 30, 2021

ServiceLink, which is backed by Fidelity National Financial, meets the unique needs of wholesale lenders by providing title insurance, appraisals, flood certificates and closing services. Our EXOS Title technology offers accelerated title decisioning and a definitive clear-to-close timeline in seconds.

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Closing Title Lending Inspection 201

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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Investor Closing costs Inspection Closing 397

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. if the option was available to them.

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Mortgages Technology Inspection Closing 448

HomeLight

SEPTEMBER 29, 2023

That’s why buyers and lenders often request a pest inspection before closing. They’ll wreak havoc on your home sale and force buyers to back out of the deal. ​​ Selling a House That Needs Work? Talk to one of our Simple Sale specialists about requesting a cash offer for selling your property “as is.”

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Inspection Closing Sales As-is 119

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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Lending Loans Inspection Mortgages 501

Housing Wire

DECEMBER 27, 2024

The new rules apply to both appraisal waivers and inspection-based waivers , which leverage property data collected by a trained and vetted professional. Maximum loan-to-value (LTV) for appraisal waivers on home purchases will increase from 80% to 90%, and LTVs for inspection-based appraisal waivers will increase from 80% to 97%.

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Inspection Loans Lending As-is 396

Housing Wire

APRIL 11, 2023

Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. They also help to prevent fraud and ensure that the sale is conducted legally and ethically. They ensure that all conditions of the sale have been met and manage the disbursement of funds at closing.

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Title search Title Purchase and sale agreement Preliminary report 397

Housing Wire

OCTOBER 28, 2021

The firm announced Wednesday that it has acquired Denver-based digital mortgage automation and point-of-sales software company Floify. million in cash and $10 million of Porch’s common stock at closing, according to a press release. The acquisition cost Porch about $76.5

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Mortgages Loan Officer Loans Investor 418

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Marketing Residential Construction Sales 448

HomeLight

DECEMBER 20, 2023

Undergoing the home inspection process can be daunting for any home sale. As a homeowner ready to sell, you may feel confident about your home’s condition, but the scrutiny of a professional home inspection can bring about unexpected surprises. What’s the purpose of the home inspection? Find Agent 1.

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Inspection Sales Agents As-is 116

Housing Wire

AUGUST 22, 2024

Friction slows down sales While sellers have maintained the status quo, realtors have had to adapt quickly. For many Realtors, the biggest challenge so far has been convincing strangers to meet in a strange place to discuss strange topics—buying a home, getting a mortgage , negotiating inspections, etc.

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Industrial Agents Inspection As-is 476

Housing Wire

OCTOBER 29, 2021

Today, borrowers expect to close fast. A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. The tools enabling work-from-home and remote closings were not only readily available, but efficient and accessible.

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Title Title search Equity Inspection 296

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 But most of the bids in a multiple offer are just flat offers with a 30-day possession window after closing.” Most people writing offers with us are on their third, fourth or even fifth offer.”

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FHA loan Inspection Agents Marketing 431

Housing Wire

APRIL 13, 2021

If they get a higher offer that has financing, then when appraisal comes back, the buyer is going to renegotiate the sales price to be closer to appraised value.”. At this point, looking at what closed in January feels like ancient times compared to just earlier this month.

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Marketing Option period Lending Loan Officer 535

Keeping Current Matters

JUNE 21, 2021

According to the Realtors Confidence Index from the National Association of Realtors (NAR), the average home is on the market for just 17 days – that means from start to finish, a house for sale in today’s climate is active for roughly 2.5 A skilled agent will do everything they can to help you stay on top of every possible opportunity.

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Inspection contingency Pre-approval Inspection Rent back 322

Housing Wire

OCTOBER 10, 2024

Gary Keller In a recent coaching session with one of my agent clients, they expressed their frustration that after a recent closing, the buyer called them and told them that the sewer line had backed up. I considered the bigger picture, saying, “Yes, it was the buyer’s responsibility to inspect the line.

Inspection 448

Inspection Agents As-is Industrial 448

Housing Wire

JUNE 27, 2023

. “We’re elated to partner with Reggora’s modern appraisal management platform, which has a well-documented open API that makes integrations easy to maintain,” said Brent Emler , director of sales at Lender Toolkit. “We are excited about the integration of our platform with Lender Toolkit’s AI Underwriter.

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Mortgages Inspection Technology Loans 359

Housing Wire

APRIL 25, 2024

Monika DeRoussel was in a meeting, away from her phone and email, when a client messaged her that a property in their price range and desired neighborhood had a for-sale sign in the yard. And it was a solid cash offer, no contingency and was going to close within a week. It is so hard to compete with that.”

Marketing 459

Marketing Investor Agents Inspection 459

HomeLight

SEPTEMBER 21, 2023

So, you’ve accepted an offer on your home sale. Maybe you’ve made it through the settlement and you’re still awaiting closing day , or perhaps you’re still negotiating with your buyer. Either way, you probably have one very important question on your mind: when does a seller get paid after closing on a home sale?

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Closing Due diligence Inspection Title 119

Housing Wire

FEBRUARY 7, 2022

Instead, investors bought the run-down properties in bulk sales. “We were eager to be able to close [the lawsuit] so we could get some relief for the communities.” Photographs show boarded up windows, tall grass, and trash-littered yards, which Rice said deterred owner occupants from buying the properties.

Equity 397

Equity Inspection Real-estate owned Residential 397

Housing Wire

MAY 14, 2024

In March, first-time buyers were responsible for 32% of sales, up from 26% in February and 28% a year prior, according to data from the National Association of Realtors. While agents are happy to see first-time buyers in the market, it has also resulted in more complications getting a transaction to the closing table.

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Backup offer Days on market Inspection Marketing 448

Housing Wire

AUGUST 21, 2023

The fastest-growing housing tech firm in 2023 was OptiFunder , which claims to produce the mortgage industry’s only optimization software built to systematically decision warehouse funding allocations and automate the complicated process of funding through loan sale. Based in Missouri, OptiFunder had a three-year growth rate of 4,767%.

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Equity Technology Investor Residential 370

Housing Wire

JUNE 28, 2024

And then April and May, when the mountains closed, that was usually slow, but all of that went away during COVID and it was like full on, all-the-ttime busy,” said Emily Kubichko, the broker-owner of North Conway-based Pinkham Real Estate. Buyers are still buying and sellers are still selling.

Marketing 397

Marketing Days on market Agents Inspection 397

Housing Wire

SEPTEMBER 17, 2024

Regardless of how agents and their clients are handling compensation in any given transaction, brokers agree that in order to make everything clear for all parties involved, it is best to include how the buyer broker fees are being handled in both the purchase and sales contracts being submitted with an offer. “If

Purchase and sale agreement 448

Purchase and sale agreement Agents MLS Inspection 448

Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” AVMs do not consider such things nor can they provide an estimated value to adjust any sales prices. What about AVMs?

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Commercial Renovation Technology Inspection 397

Housing Wire

OCTOBER 10, 2023

A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends. Sellers would be able to carefully review comparable properties on the market as well as those that have successfully closed. They are more appropriate for an appraisal.

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Marketing Agents Closing Renovation 435