Housing Wire

MARCH 28, 2024

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. However, the settlement process varies from client to client, location to location.

HOA 408

HOA Property Management Real Estate Agent Technology 408

Housing Wire

FEBRUARY 20, 2024

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. Binney said.

Inspection 383

Inspection Real Estate Agent Real Estate Insurance 383

Housing Wire

OCTOBER 25, 2022

of transactions had issues leading to wire and title fraud risk at closing and 5% of transactions were not registered or valid in title insurer systems at time of closing. With the contraction in market transaction volumes, the impact is that much more severe for lenders. Risk prevention and education.

Insurance 310

Insurance Clients Agents Tools 310

Housing Wire

AUGUST 26, 2022

Polly, a software-as-service mortgage technology firm that operates a loan-trading platform, extended its Application Programming Interface (API) portfolio to better accommodate lenders amid a contracting mortgage environment. The company raised about $57 million of venture capital in three rounds since its launch three years ago.

Insurance 341

Insurance Technology Contracts Mortgage 341

Housing Wire

MAY 24, 2024

Choose a reputable lender who has experience working with clients who carry student loan debt, as they’ll be able to help structure the best financing options to suit your specific needs. Weigh your options carefully, and seek professional advice if necessary before applying for an IDR.

Mortgage 366

Mortgage Insurance Contracts Design 366

Housing Wire

APRIL 16, 2024

with real estate night sweats and want to alleviate your stress by banging out a text does not mean the other agent, your buyer prospect, your seller client, or the appraiser wants to share your insomnia. States have laws about what constitutes an agreement, a digital signature, or a contract. This also applies to time zones.

Real Estate Agent 344

Real Estate Agent Real Estate Agents Business 344

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. However, the settlement process varies from client to client, location to location.

HOA 395

HOA Real Estate Agent Technology Real Estate 395

Housing Wire

MARCH 15, 2023

A potential pause on the Federal Reserve’s federal funds rate hikes may bring borrowers on the sidelines back to the market, as mortgage rates could fall even further. “While lower rates should buoy housing demand, the financial market volatility may cause buyers to pause their decisions.”

Mortgage 351

Mortgage Clients Retail Marketing 351

Housing Wire

APRIL 9, 2021

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. Ours is to buy at the market price and sell it at higher-than-market price and give 100% of the upside to the consumer.” “And then we have our agent commission.”

Brokerage 400

Brokerage Real Estate Clients Insurance 400

Housing Wire

DECEMBER 21, 2023

VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. A lot has changed and it’s time to remove the stigma.

Mortgage 426

Mortgage Renovations Appraisal Process Finance 426

Housing Wire

APRIL 7, 2022

But can Ghamsari play a winning hand when his software business is inextricably tied to the success of the mortgage industry, which is expected to contract by 35% or more in 2022? million in 2020 during the refi-boom and with the market headed into a correction, executives warned investors revenue would plummet. Right again.

Mortgage 359

Mortgage Technology Clients Insurance 359

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers. financial system.

Real Estate 396

Real Estate Insurance Law Real Estate Agent 396

McKissock

SEPTEMBER 20, 2021

Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. To protect your clients’ interests, and reduce your own risk exposure, check out our highly-rated course, Know the Code: Your Guide to the Code of Ethics. Real estate risk management is an important concern for agents.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

DECEMBER 8, 2023

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

Real Estate 320

Real Estate Contracts Law Real Estate Agent 320

Appraisal Buzz

AUGUST 16, 2021

Trying to meet deadlines, keep my clients informed, and put out a quality product in this busy market is enough to make my head spin. Lately, though, I’ve been trying to carve out some extra time to find out about what other appraisers are saying and doing in this unusual market. Markets hate uncertainty.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Housing Wire

DECEMBER 27, 2023

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse. “I For example, when a title company receives a Purchase & Sale contract via email, AI can help grab key information and queue up a transaction with pre-populated data for review.”

Technology 401

Technology Business Insurance Development 401

Housing Wire

DECEMBER 21, 2020

She ensured the association continued to provide networking and educational opportunities to the title insurance industry within the new platform. After the onset of the pandemic, Gottheim helped ensure the title insurance industry was deemed an essential business. WFG reports its highest volume months ever during Q2 and Q3 of 2020.

Insurance 223

Insurance Government Advertising Legal 223

Housing Wire

JANUARY 11, 2024

There are a lot of agents today that still prefer having their customers sign contracts manually, with physical signature. ” Matt Lehnen, Deephaven Mortgage CTO : “For our clients and our customers: AI also has to be used fairly. But having some experience with that, I didn’t really want to find contract offshore providers.

Technology 375

Technology Contracts Business Appraisal 375

Housing Wire

JULY 20, 2023

real estate teams and individual agents as clients for their accounting and bookkeeping services. The firm confirms actual financial and operational details of these businesses and assemble the data in useful benchmark studies to help their clients assess how effectively they are operating. How are teams spending money?

Real Estate 257

Real Estate Brokerage Agents Business 257

Genworth MI Blog

AUGUST 31, 2022

The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer.

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

Housing Wire

JUNE 11, 2021

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned.

Inspection 423

Inspection Appraisal Buyers Appraisal Process 423

Housing Wire

JULY 7, 2022

Every year we are asked by our clients if we will provide servicing technology, because many lenders experience the inefficiencies when trying to onboard loans from a loan origination system into a servicing system. There are so many different numbers when it comes to “market share” when industry participants are discussing this deal.

Modernization 378

Modernization Technology Investing Mortgage 378

Housing Wire

APRIL 9, 2024

While ChatGPT has almost become a caricature of itself or a buzzword, AI solutions are already making a huge difference in the world of real estate, and not just with marketing materials or basic communications. Most know that AI will soon be a standard tool for communications and basic marketing tasks.

HOA 345

HOA Real Estate Technology Investors 345

Housing Wire

JUNE 15, 2022

The markets have been shaken to the core. The price data has changed the expectations for the Federal Reserve ’s meeting on Wednesday, with the market betting on a 75 bps increase in interest rates (compared to 50 bps previously). Such volatility has triggered turbulence in the mortgage market. On Friday, the U.S.

Mortgage 378

Mortgage Investors Clients Marketing 378

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. In that time, the market, the industry and the consumer changed dramatically. It incurred an $89.9

Realtors 350

Realtors Technology Insurance Mortgage 350

Appraisal Today

MAY 10, 2024

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. Look, some people really hype this topic and use it to magnify doom, but let’s talk about the market that actually exists. Many appraisers will probably not like it, but will like to have a standardized ROV method.

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Appraisal Today

OCTOBER 21, 2022

Appraisers and Local Market Analysis. Excerpts: Social media and the mainstream media make a mess of these markets even in the best of times. They do not have the bandwidth to cover local markets. National data simply does not apply to the local real estate market and the closest large markets are Richmond and Washington DC.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

McKissock

JULY 26, 2022

Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Number of days on market.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

Housing Wire

FEBRUARY 3, 2022

Driven by a desire to achieve greater scale and gain access to cheaper capital, nonbank mortgage lenders dove headfirst into the public markets during the Covid-19 boom. In the next few quarters, we should see a more challenging market,” Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW) , told HousingWire.

Mortgage 361

Mortgage Retail Finance Investors 361

Appraisal Today

SEPTEMBER 23, 2022

At the least we ought to describe the market as showing a downward seasonal shift, though it’s possible we can call this a downward cycle if the trend persists over time. Will we see smaller homes more often as first-time buyers flood the market? Markets are changing in many areas, but are complicated by price range, size, etc.

Appraisal 52

Appraisal Marketing Business Contracts 52

Appraisal Today

SEPTEMBER 29, 2023

Today, they are becoming popular to get extra rentals in markets low on housing. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. I had never seen a Fannie form, so all types of clients were new. Another tricky HBU issue in California!

Insurance 79

Insurance Appraisal Contracts Mortgage 79

Housing Wire

APRIL 27, 2023

Another larger player in the space, Progress Residential , recently postponed a securitization transaction due to difficult market conditions. And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal.

Renovations 276

Renovations Investing Real Estate Marketing 276

Realtor

OCTOBER 16, 2023

” However, keep in mind that you will have to pay private mortgage insurance if you put less than 20% down, which increases your monthly payments. In today’s ultracompetitive market, however, you might want to get fully approved from the get-go before you make an offer. ” 9. . ” 10.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

The Robert Weiler Company

SEPTEMBER 7, 2022

Reports have revealed a strong land market. See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. land market.

Marketing 78

Marketing Real Estate Investing Retail 78

Appraisal Today

APRIL 12, 2024

Tax Appeal Support: When there is a challenge to a tax assessment, a desktop appraisal may be used to provide a current market value. Insurance purposes: Lenders or other clients may order desktop appraisals for insurance purposes to determine the property’s replacement cost or insurable value.

Appraisal 77

Appraisal Construction Contracts Architecture 77

Appraisal Today

JUNE 2, 2023

Solutions to Keep You Safe Make sure you have a complete signed purchase contract. In the appraisal, list how many pages of the contract you have in your possession (In case someone is hiding pages from you). This month we asked our appraisal community, “What’s the BEST way to survive a slow market as an appraiser?”

Appraisal 52

Appraisal Contracts Real Estate Agent Sellers 52

Appraisal Today

OCTOBER 14, 2022

Consistent application of both quality control and quality assurance processes for appraisal review may also be in part a reason for improvement, as appraisers have a better understanding of what is needed by their client. I have always collected all the money owed from my lender clients using the collection techniques I write about.

Appraisal 52

Appraisal Insurance Real Estate Business 52