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5 Benefits of Appraisal Services

Appraisal Hub

But to ensure that your property is sold for fair market value, you’ll need the guidance of a reliable appraisal company. Why you need appraisal services in Toronto: Find the Right Value for Your Property. Appraisal companies in Toronto only provide impartial opinions based on data and research. Set Realistic Goals.

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Assumable mortgage platform Roam partners with national lender on down payment assistance

Housing Wire

The new service, Roam Boost, will cater to people with credit scores of at least 640 and down payments of at least 15%. Typically, the fees are lower than those for new loans and no appraisal is needed. Roam now services 35% of homes with FHA and VA loans in the U.S., An estimated 12.2

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Down payment assistance programs are a boon amid mounting pressure on homebuyer affordability

Housing Wire

Benefits of owning and building equity Of the various DPA options available — including government-sponsored DPA programs, nonprofit-driven programs and employer-assisted programs — Federal Housing Administration (FHA) loans layered with a DPA benefit have grown in popularity.

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Q&A: Roam’s Raunaq Singh looks to capitalize on the potential of assumable mortgages

Housing Wire

Typically, the fees are lower than those for new loans and no appraisal is needed. Roam is currently available in Georgia, Florida, Texas, Arizona and Colorado, with plans to roll out its service in other states later this year. With assumptions, new revenue streams can open up for servicers. Raunaq Singh About $8.5

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Clear Capital’s new desktop appraisal solutions support appraisers in meeting new GSE guidelines

Housing Wire

In February 2022, Fannie Mae and Freddie Mac added 1004 Desktop/70D Appraisal products to their Selling Guide for new purchase loans. However, for lenders to take advantage of these benefits on behalf of their customers, they need to navigate new GSE requirements, such as ensuring appraisers have access to a digital floor plan.”.

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How real estate professionals can help first responders buy a home

Housing Wire

Our way of honoring first responders is by educating our podcast listeners, readers and coaching clients in the real estate industry about how to help those who helped all of us and are still being of service every day. One of the best ways to help first responders is to be of service yourself, as a professional real estate advisor.

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Attracting More Appraisal Business

Cleveland Appraisal Blog

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

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