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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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Understanding the Essentials of Foundation Inspection

Realty Biz

Although foundation damage may not pose a serious threat in the early stages, if left untreated, it will eventually lead to tremendous damage to your property, potentially resulting in structural failure. This is why foundation inspection plays a vital role in preventing property damage on a larger scale.

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

Housing Wire

The maximum LTV ratio will increase from 80% to 90% for appraisal waivers and from 80% to 97% for inspection-based appraisal waivers, consistent with standard guide eligibility guidelines. “To The announcement was made on Monday during the Mortgage Bankers Association (MBA) Annual Convention & Expo in Denver, Colorado.

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What Is a Pre-Listing Inspection?

Windemere Buying

As you search for a home , you’ll likely come across the term “pre-listing inspection” here and there. Let’s take a deep dive on the pre-listing inspection, how it factors into making an offer on a home and unravel why some sellers choose to conduct it. What is a pre-listing inspection? Talk to your agent for more information.

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The Impact of Winter Weather on Property Inspections and Appraisals

Easy Agent Pro

As the cold season sets in, the impact on property inspections and appraisals becomes evident. Snow and Ice: A Blanket for Property Features Snow-covered landscapes might paint a picturesque scene, but they pose a considerable challenge during property inspections. These hazards must be identified and addressed during inspections.

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Solving Burleson’s Drainage Dilemmas: The Role of Sewer Inspections in Home Maintenance

Realty Biz

This article will concisely explain the crucial role sewer inspections play in home maintenance and how they help to alleviate Burleson's drainage dilemmas. Understanding Sewage and Drainage Problems To fully grasp the importance of sewer inspections, it's vital to understand the different types of drainage issues residents might encounter.

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Home Inspections: Checklist of What to Know and Inspect

Realty Biz

Checklist When Getting a Home Inspection. When you are buying a home, the home inspection can be an exciting time. Home inspections can help you confirm you’ve made a good home buying decision or give you a list of issues to raise with the seller. Keep in mind that home inspections are not passed or failed.