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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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Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

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Smart Inspections

The Appraiser Coach

This woman said that she has been using an iPad for years to do her mobile inspections, but had heard. I was recently contacted by an individual with a question. Read More.

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Your Business is Your Business

The Appraiser Coach

I had a model that I had found to be successful for me, and I was ready to share it with the world. It didn’t take me long to learn, however, that not everyone runs their business the same way. In fact, not everyone wants to run their business the same way you do. Not everyone has the same business model.

Business 195
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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. Being sensitive to and accommodating diverse opinions and preferences from borrowers regarding COVID-19 is now business as usual.

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Inside Fairway’s bold plan to boost reverse purchase business

Housing Wire

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. And so, they know the local real estate agents. of all endorsements in 2021.

Business 370
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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.”