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The home inspection process: Should you skip it?

Housing Wire

People often confuse the home appraisal with the home inspection. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Are you considering skipping the home inspection? The post The home inspection process: Should you skip it?

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ICE unveils two new property valuation solutions

Housing Wire

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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It’s a seller’s market: What does that mean for contingencies?

Housing Wire

These contingencies are all designed to protect you as a borrower — to make sure you’re getting a safe and habitable property, that you have the funds to pay for it, and that you’re not stuck paying two mortgage payments at once. They mean a longer sales process, potential repair costs, and maybe even a lost deal altogether.

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The advantages of a pre-listing home inspection

Realty Biz

Homeowners who’re looking to secure a quick sale might want to take it upon themselves to do a pre-listing home inspection with the aim of speeding up the sales process. Sellers that opt for a pre-listing inspection will be informed of any issues with their home that might impact its value.

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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. There had been nearly one-third of buyers who waived an inspection or appraisal contingency, but the last month it fell to just over 20% for both.

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Lender Toolkit and Reggora partner to streamline mortgage underwriting

Housing Wire

. “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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Jaro’s journey to increase appraisal accuracy

Housing Wire

Jaro has the ability to be customized very quickly for changing processes,” said Joey King, senior sales consultant for Ascent. JaroDesk is an appraisal management platform designed for appraisal desks, appraisal management companies and appraisers and staff offices. This makes us extremely scalable as the business grows.