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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

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Is A Cubicasa Scan an Inspection?

Cleveland Appraisal Blog

In this article, I thought I would share my thoughts on this and whether scanning a property with Cubicasa is considered to be an appraisal inspection. WHAT IS AN APPRAISAL INSPECTION? I think it’s important to understand what an appraisal inspection is. The attorney questioned my use of the word inspection. ”). .”

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Are borrower-assisted inspections here to stay?

Housing Wire

In most cases the in-person inspections required by GSEs, FHA and VA policies can continue per policy; however, adjustments to policy compliance are often needed to get the loan underwritten. When inspections are safe and feasible, appraisers are wearing personal protective equipment (PPE) such as masks, gloves and shoe coverings.

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Property condition information that’s cloud-based – “Word cloud” based

Housing Wire

Unfortunately, the ability to obtain information on individual property data about these two factors is hard to come by, short of an interior physical inspection. And, as lenders and other AVM users will be pleased to note, they are not the ones who need to do the detective work — CoreLogic automated tools are doing it for them.

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ICE unveils two new property valuation solutions

Housing Wire

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday.

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5 Remote Inspection Tools for Desktop Appraisals

McKissock

Below are five remote inspection tools worth looking into. The following information is based on descriptions available online, provided by the product owners/developers. Another virtual inspection tool is HomeView by ValueLink, launched in July 2020. McKissock does not to endorse one product over another.

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Black Knight rolls out tool to minimize fee cure expenses

Housing Wire

Black Knight this week launched a tool that enables lenders to compare loan estimates and closing disclosures from closed loans to minimize expenses in a higher rate environment. The post Black Knight rolls out tool to minimize fee cure expenses appeared first on HousingWire. The Mortgage Bankers Association (MBA) projects about $2.4

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