McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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Inspection Residential Construction Development 105

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 are mathematical models combined with data that are built and designed by human beings. ” Amazing, right?

Commercial 397

Commercial Renovation Technology Inspection 397

Housing Wire

OCTOBER 18, 2022

For instance, we update underlying data, retrain our models, and run valuations on every residential property in the country every 24 hours. Using AVMs in conjunction with a property condition or inspection report will yield highly accurate LTV ratios that further improve decisioning and mitigate risk.

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Equity Technology Lending Loans 321

The Close

SEPTEMBER 26, 2024

But if you’re serious about this career, a solid education from a qualified home inspection school is a must. The best home inspection schools offer flexible learning, practice tests, and real-world training without breaking the bank. The membership grants immediate access to thousands of home inspection training school courses.

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Inspection Commercial Closing Finance 98

Realty Biz

NOVEMBER 3, 2021

Managing residential properties has its own fair share of unique challenges. But what goes into a good real estate management software option for the modern residential manager? But what goes into a good real estate management software option for the modern residential manager? Here’s a handful of the best ones we’ve found.

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Residential Property Management Commercial Inspection 103

HomeLight

MAY 27, 2021

And while you understand that a home inspection and appraisal are integral to selling your house, it’s easy to forget how these processes work. Costa is also the author of “ What Every Realtor Should Know About Home Inspections: A Guide to Avoiding Traps and Common Mistakes ”. What is a home inspection? What is an appraisal?

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Inspection Purchase and sale agreement Pre-approval Loans 105

HomeLight

FEBRUARY 26, 2021

Waiting for the results of a residential appraisal can make you teeter between anxiety—“They said our house is worth what?”—and Consider this your residential appraisal walkthrough, covering an appraiser’s general qualifications, how these professionals calculate value, and some common misperceptions about residential appraisals.

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Residential Pre-qualification Sales As-is 93

The Close

NOVEMBER 12, 2024

Inspect the land: Take a stroll on the property—bring your favorite boots. If you’re looking to sell individual residential lots or create a subdivision, you’ll want to find land in a residential area that’s properly zoned (we’ll talk about zoning soon). It helps to be in the know.

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Land Investor Finance Development 98

Housing Wire

AUGUST 3, 2023

Powerful AI tools are already transforming residential real estate and forward-thinking agents are paying attention. AI models might not account for qualitative aspects like architectural uniqueness, interior design quality or the emotional appeal of a home. So how can real estate agents be so cavalier about their job?

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Agents Technology Development Industrial 370

Housing Wire

DECEMBER 7, 2023

Exam Prep: The Basic Prelicensing package features three e-books and a course manual designed to help you retain essential real estate concepts and prepare for the state exam. Features Commercial Lease Clauses of Tenant Concerns: Part III and other residential courses C Gold Package 12 Hrs: Includes 12 hrs of CE for MA commercial real estate.

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HR Pre-approval Brokerage Commercial 434

Realty Biz

DECEMBER 16, 2020

It lays the foundation of the building, the perfect support for any residential establishment. To help you with that, here is a list of things you should know about residential scaffolding. Homeowners need to consider good residential scaffolding services when starting any construction project. Look for Appropriate Services.

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Residential Construction Renovation Inspection 66

Housing Wire

FEBRUARY 8, 2022

But we’re having a hard time reaching out to them,” he said during a panel at the annual Residential Mortgage Servicing Rights Forum held in New York City in October. That is exactly what millions of forbearance plans and a federal moratorium were designed to avoid during the pandemic. We have their email addresses. of the U.S.

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Loans Pre-approval Mortgages Principal 370

Redfin

OCTOBER 23, 2023

As the real estate market in Oregon’s largest city continues to flourish, prospective homeowners need to understand the critical importance of home inspections in their buying journey. Why is a home inspection important in Portland, Oregon? Roof leaks, mold, and wood rot are common issues, detectable in a pre-purchase inspection.

Inspection 63

Inspection Pre-qualification Purchase and sale agreement Construction 63

GeekEstate

SEPTEMBER 20, 2022

Using proprietary inspection software, Inspectify offers custom inspection templates and API access for findings that result in higher quality data, faster SLAs, and lower operating costs in acquisitions.

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Inspection Property Management Technology Agents 121

HomeLight

MAY 26, 2021

According to the National Association of Realtors®, only 22% of residential sales are cash sales, so it’s likely that you’re taking out a mortgage to finance your home purchase. The difference between a home appraisal and a home inspection. A home inspection : . Source: (Erik Mclean / Unsplash). What is a home appraisal?

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Inspection Residential Due diligence Title search 105

The Close

OCTOBER 10, 2024

American Home Inspectors Training (AHIT) is a one-stop shop for home inspection education. AHIT dashboard (Source: AHIT ) Based on mine and other AHIT home inspection reviews, the school is ideal for aspiring and experienced home inspectors seeking schedule flexibility through online and in-person learning. Is it worth it?

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Inspection Commercial Development Closing 98

AAOA

MARCH 24, 2025

After finding the right property, conduct a thorough inspection and review its financials to ensure it meets your criteria. A multifamily unit refers to any property with more than one residential unit. They may face functional issues, have outdated designs, or require maintenance and renovations. What is Multifamily Investing?

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Property Management Debt-to-income ratio Renovation Loans 66

The Close

MARCH 11, 2025

Bridge loans: These are primarily used for commercial assets to aid in residential property acquisition so investors dont miss out on lucrative opportunities. Rehab loans: Specifically designed to finance both the purchase and renovation of under-maintained properties. For options, check our recommended hard money lenders.

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Sales Due diligence Investor Finance 52

HomeLight

MAY 19, 2021

Common zoning designations include: Residential: Areas designated for single-family homes. Commercial: Areas designated for businesses like restaurants, retail shops, and so on. Industrial: Areas designated for factories. Rural: Areas designated for farming. 19: Get an HVAC and electrical inspection.

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Construction Inspection Land New Construction 111

Marco Santarelli

APRIL 9, 2025

Diversify your real estate portfolio by investing in different types of properties (residential, commercial, etc.) Property Inspection: Have the property inspected by a qualified professional to identify any potential issues or repairs. Thorough research and due diligence are essential when exploring emerging markets.

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Due diligence Investor Inspection Marketing 52

HomeLight

JULY 25, 2022

While they typically report to people on the other side of the transaction, the appraisal and inspection report generated by these professionals can impact your bottom line. In the December 2021 survey, 19% of buyers waived the inspection contract contingency, down from its height of 27% in July 2021. Layout and design.

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Inspection Pre-approval Loans Finance 111

The Residential Specialist

DECEMBER 31, 2020

The Certified Residential Specialist (CRS) Designation is awarded to top-producing agents who meet the strict requirements necessary for achieving the designation. I’ve always found the best way to resolve differences is to talk things through,” says Linda Pilmer, CRS, designated managing broker at Pilmer Real Estate, Inc.,

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Inspection Agents Residential Design 98

The Close

NOVEMBER 25, 2024

Simply put, it’s a residential building with more than one unit designed to house multiple families. Depending on your state’s legal requirements, you’ll hire an attorney, get title insurance, and complete any home inspections or appraisals specified in the offer. What Is Multifamily Property?

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Purchase and sale agreement Property Management Hard money loan Investor 105

HomeLight

MARCH 30, 2021

What does due diligence mean in residential real estate? Some people just focus on a home inspection and that’s not enough. If you live in a caveat emptor state, your due diligence may need to include more specialized inspections (see below). Get an inspection. Consider specialty inspections. Review the CC&Rs.

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Due diligence Inspection Title Pre-approval 105

Redfin

MARCH 4, 2025

In some instances, you may request an opportunity to inspect the property for informational purposes only, even though you have already contractually obligated yourself to purchase the property. You’re giving up the very significant opportunity for inspections found during most real estate transactions.

As-is 31

As-is Due diligence Purchase and sale agreement Inspection 31

Realty Biz

OCTOBER 21, 2023

A spec home is a newly constructed residential property built by a developer or builder without a buyer already in place. The purpose of a spec house is to showcase the builder's skills and design choices to sell it to potential buyers once it is completed. What is a Spec House? The definition of a spec house is straightforward.

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Loans Finance Construction Commercial 108

The Close

JUNE 4, 2024

Adding specialized credentials through NAR certification and designation programs such as The Seller Representative Specialist and Pricing Strategy Advisor are great examples of how you can hone your skills as a listing agent. Once you have done so, you are free to take on listings in the state where you obtained your license.

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Agents Purchase and sale agreement Commercial Title 98

Realty Biz

AUGUST 29, 2023

From selecting the right builder to planning for the future, designing your custom home, managing your budget, overcoming challenges, and being involved in the building process, we've got you covered. Explore various home designs and styles to find inspiration and identify elements that resonate with your preferences.

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Construction Inspection Design Land 92

Realty Biz

MAY 7, 2023

Installing an elevator in a residential home may not seem like a typical decision, but it can be a practical and beneficial investment for many individuals. Residential elevators add both practicality and value to any home A home elevator can provide a valuable solution for people with various disabilities that may impact their mobility.

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Residential Inspection Staging As-is 52

HomeLight

JULY 27, 2022

Justin Bride , principal at Ascent Contracting in Denver, Colorado, has worked with many residential expansions. Below is an example of a partial second-story addition in California: Source: ( Design Everest ). Source: ( Design Everest ). When possible, be flexible with the design. Get Estimate. Bonus room addition.

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Construction Renovation Design Residential 122

The Close

JUNE 10, 2024

Whether you are looking to switch from residential real estate or are making a new career change entirely, commercial real estate offers many opportunities for growth and financial success. Commercial versus Residential Real Estate Agent Salary Income may be one of the most important factors evaluated when considering a career in real estate.

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Commercial Agents Residential Property Management 98

Realtor.com

JANUARY 2, 2023

You can’t inspect a new-construction home before you buy it. You can absolutely do a home inspection before you purchase a new construction. “I would be cautious of any builder who refuses to allow you to perform a home inspection,” says Bill Samuel , owner of Blue Ladder Development. .

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New Construction Construction Pre-approval Inspection 105

McKissock

JULY 28, 2022

There has been a lot of talk about the Uniform Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) redesign initiative, and how it will make life easier for appraisers. The mortgage appraisal forms we use today were designed in 2005 using technology and mortgage processes in place at the time.

As-is 83

As-is Residential Technology Inspection 83

Redfin

FEBRUARY 24, 2025

Whether you prefer the ease of a move-in-ready home or the idea of designing a space from scratch, understanding the costs and benefits of both options will guide you toward the best decision. Constructing a home gives you full control over aspects like materials, design, and size, allowing for customization. it depends.

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Debt-to-income ratio Construction Land Renovation 31

Realty Biz

MARCH 24, 2023

Based on one source , around 486,500 cases of fire happen yearly, with most occurring in residential properties. Pull the pin Aim the nozzle Squeeze the handle Sweep the area The fire extinguishers in your home require monthly inspections. Inspect The Electrical Wiring The electrical wiring can also put your home at risk of fire.

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Inspection Residential Branding As-is 85

HomeLight

AUGUST 31, 2021

Certified Residential Specialist (CRS) : Agents trained and knowledgeable in buying and selling residential properties. To receive this credential, agents must complete a thorough course on the ins and outs of residential sales. Header Image Source: (Plush Design Studio / Unsplash). What’s the best way to contact you?

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Agents Closing costs Inspection Residential 130

Realtor.com

MAY 12, 2021

“It’s so important to plan ahead, stick to your budget, and map out a timeline that works for your schedule to avoid having to cut corners,” says Breegan Jane , interior designer and partner at Trane Residential. When you feel rushed or want to seek out a cheaper alternative, your renovation plans can go awry.”.

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Renovation Inspection Residential Construction 116