Remove Finance Remove Inspection Remove Staging
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From consultation to closing: The definitive homebuying checklist

Housing Wire

Clarify key steps like inspections, appraisals, and the importance of meeting deadlines and any impacts of missing them. While you want your clients to be prepared, focus primarily on the immediate next steps and reiterate the key details as you progress through each stage of the transaction.

Closing 248
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FHFA to allow alternative appraisal methods on purchases up to 97% LTV 

Housing Wire

The Federal Housing Finance Agency has expanded the eligibility for alternative appraisal methods on purchase loans by increasing the maximum loan-to-value (LTV) requirement. The announcement was made on Monday during the Mortgage Bankers Association (MBA) Annual Convention & Expo in Denver, Colorado.

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Real estate appraisals: What agents should know

Housing Wire

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? Appraisals are required for homes financed with any type of mortgage. The appraiser inspects the property An appraiser visits the property and conducts a visual inspection of the home’s condition. Not necessarily.

Agents 476
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Selling your home to a family member in 5 easy steps

Housing Wire

Whether you’re a year away from selling or hoping to close in a few months, a timeline is important for all parties, especially if your family member needs to sell an existing home, secure financing, and arrange moving details. Discuss financing. Does your buyer need to secure a mortgage ? Are they buying with cash?

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Modular homebuilding startup Veev on the verge of bankruptcy

Housing Wire

There are talks about a “leading company” potentially acquiring California -based Veev, but the negotiations remain in the very early stages, according to Calcalist. Veev’s business model is innovative: it provides pre-inspected, fully cladded walls directly to homebuilders , ready for installation.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

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. This course covers real estate law, contracts, finance and ethics.

Agents 448
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5 Tips for Homebuyers Who Want to Make a Competitive Offer

Keeping Current Matters

Here are five keys to success for this important stage in the homebuying process. Understand Your Finances. Freddie Mac explains: “ Resist the temptation to waive the inspection contingency, especially in a hot market or if the home is being sold ‘as-is’, which means the seller won’t pay for repairs. Bottom Line.