Housing Wire

APRIL 18, 2023

However, there is an opportunity in the closing process for better integration between platforms to improve communication and sharing of documents between the brokerage, lender and closing company, each of which has its own process and technology, to relieve some of that stress.

Tools 311

Tools Sellers Technology Loan Officers 311

Housing Wire

OCTOBER 5, 2023

The home equity products involved include home equity lines of credit (HELOCs), closed-end second mortgages (CESs) and shared-equity contracts. The recent Saluda Grade-sponsored rated offering represents the sixth securitization deal since 2021 backed fully by shared-equity contracts — valued in total at some $1.3

Housing Market 396

Housing Market Marketing Contracts Finance 396

Housing Wire

JANUARY 25, 2023

The program includes provisions for “improved” pricing for nontraditional credit loans, a title insurance credit applicable to certain properties and will remove the requirement for area median incomes, according to a statement from Guaranteed Rate. The platform provides a secure way to upload sensitive documents and automates underwriting.

Buyers 378

Buyers Contracts Insurance Mortgage 378

Housing Wire

MAY 4, 2021

. “And since there’s no limit to the number of documents you can execute through QuickSign, organizations can use it for sales contracts, legal or human resource documents as well.” Currently, 32 U.S. states allow full eClosings. RON bills have also been introduced in several other states, and at the federal level.

Tools 275

Tools Human Resources Technology Real Estate 275

Housing Wire

FEBRUARY 24, 2021

Digital notary startup Notarize is now offering free notarizations in an effort to eliminate racial covenants in title insurance documents. “Changes to a title require a document to be notarized, and Notarize wanted to help,” said Cristin Culver, a spokesperson for Notarize. Notarize stepped in to offer help.

Law 348

Law Real Estate Brokerage Contracts 348

Listing Spark

FEBRUARY 6, 2023

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. These changes will go into effect February 1st.

Contracts 36

Contracts Real Estate Sellers Buyers 36

Housing Wire

DECEMBER 20, 2021

The Doma Intelligence platform works by automating many of the rote tasks of the closing process including retrieving and analyzing documents that need to be searched. In the next five-to-10 years he wants to make it possible for a homebuyer to sign a contract on their new home on a Friday evening and move in on a Monday morning.

Inspection 381

Inspection Contracts Appraisal Real Estate 381

Housing Wire

JUNE 11, 2021

If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned. Should the appraisal come in lower than the contract price, the closing process may be impacted. They will also take into account any upgrades or amenities, as well as how maintained the home is.

Inspection 424

Inspection Appraisal Buyers Appraisal Process 424

Appraisal Today

MAY 10, 2024

ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. George Dell – his usual very interesting comments.

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

Housing Wire

SEPTEMBER 25, 2023

Five days remain in the currently authorized National Flood Insurance Program (NFIP). When property owners invest in loss mitigation, they should be promised access to coverage and relief on their premiums,” Douglas Heller, director of insurance at the Consumer Federation of America , said to the Banking Committee earlier this month.

Insurance 431

Insurance Lending Mortgage Government 431

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. You can say no to the counteroffer, accept it or propose new changes to the contract. Arriving at a verbal agreement differs from being in a contract.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Housing Wire

DECEMBER 20, 2021

Homeowners have to document and describe their financial hardship, which has to have occurred after Jan. Mortgage servicers are negotiating uniform procedures and documents with states, so their interactions can be faster when paying borrowers’ debts. Up to the task? billion at its peak in February 2021.

Mortgage 345

Mortgage Government Contracts Insurance 345

Eppraisal

JULY 19, 2022

Contract Review Whether you are a home buyer or a home seller, once you sign a contract it is time to hire a real estate attorney. Most real estate contracts call for a specific amount of time, typically five to 10 business days, for attorney review. This is to make sure that everything is in writing and is documented.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

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. “Even the mortgage lenders with splashy apps and websites still may need a phone call, manual document collection, or other time-consuming steps,” says Zhang. ” 9.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

PennyMac

MARCH 4, 2024

When you work with a lender that provides this, you’re doing much of the legwork involved in obtaining a mortgage contract without actually finalizing it. To receive a Pennymac BuyerReady Certification, you’ll submit a mortgage application and financial documents, which a Pennymac Loan Expert will review.

Loan Officers 65

Loan Officers Insurance Mortgage Sellers 65

Listing Spark

DECEMBER 9, 2020

It is more than likely that if you are selling a residential home in Texas the buyer is going to ask you (home seller) to pay for the title insurance policy. The title insurance premium is set by the Texas Department of Insurance and will be the exact same at any title company you choose.

Sellers 69

Sellers HOA Insurance Contracts 69

CA Realty Training

JULY 20, 2021

But, dealing with contracts and disclosures comes with the territory when you’re in escrow. Their priority is to keep the transaction in order and manage the documents. . The escrow company is responsible for ensuring that every stipulation of the contract is met. They Won’t Write Contracts. By Karen D.

Real Estate Agent 69

Real Estate Agent Contracts Agents Real Estate 69

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. There’s an entire industry built upon the “what’s next” in question.

HOA 432

HOA Property Management Real Estate Agent Technology 432

Listing Spark

APRIL 2, 2021

When reviewing the standard residential contract (called a 1-4 residential contract) plus numerous addendums, it can be difficult to unpack who pays for closing costs in Texas. Document Preparation: (Seller expense) When you close, there are several documents you sign such as the warranty deed.

HOA 36

HOA Sellers Insurance Contracts 36

Listing Spark

APRIL 2, 2021

When reviewing the standard residential contract (called a 1-4 residential contract) plus numerous addendums, it can be difficult to unpack who pays for closing costs in Texas. Document Preparation: (Seller expense) When you close, there are several documents you sign such as the warranty deed.

HOA 36

HOA Insurance Sellers Contracts 36

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Movoto

JANUARY 31, 2022

It’s also an opportunity to review all the closing documents, make sure the title is clean , and release any funds that have been held in escrow to the parties that are owed money. Title company representative: The title company insures the title status during closing. Signing mortgage documents at your home closing.

Real Estate Agent 36

Real Estate Agent Sellers Insurance Buyers 36

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. There’s an entire industry built upon the “What’s next?” in question. But there’s also room for improvement.

HOA 413

HOA Real Estate Agent Technology Real Estate 413

Appraisal Today

NOVEMBER 3, 2023

FHFA’s Desktop Appraisal Oversight: OIG Report Highlights Documentation Gaps Oct 31, 2023 Excerpts: The lack of consistent record-keeping on desktop appraisal reports could pose risks to financial safety, with the OIG pushing for increased transparency and improved monitoring. percent from 7.90 percent, with points decreasing to 0.73

Appraisal 77

Appraisal Contracts Architecture Mortgage 77

Raleigh Realty

AUGUST 27, 2021

For this process, some of the common documentation that you will need to provide to the lender include your most recent pay stubs, tax returns, marriage licenses, divorce settlements, child support documentations, and bankruptcy documents. Your lender will then run a thorough credit check. Why is pre-approval so important?

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

Cleveland Appraisal Blog

JUNE 18, 2022

Knowing what these additional components are is critical in making sure that the appraisal and ultimate value conclusion is appropriately documented, competent, non-speculative, and (most importantly) admissible to establish value and the just compensation to be paid. Top Reason For House Rules – The Folson Group Blog.

Appraisal 309

Appraisal Law Development Valuation 309

Zillow

JULY 15, 2019

Appraisal : An informed, impartial and well-documented opinion of the value of a home, prepared by a licensed and certified appraiser and based on data about comparable homes in the area, as well as the appraiser's own walkthrough. Closing disclosure (CD) : A five-page document sent to the buyer three days before closing.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

McKissock

JANUARY 6, 2023

Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. These may be full-time jobs or contracted services. These are just a few salary-paying opportunities for you to consider.

Appraisal 74

Appraisal Training Lending Land Management 74

Appraisal Today

MARCH 22, 2024

It provides a detailed analysis of why time adjustments are necessary and quotes from relevant documents. It can impact home values, insurance costs, and the overall stability of a housing market.” “The The issues are whether you can get access to affordable insurance and how much the costs will increase,” says Xu.

Appraisal 66

Appraisal Contracts Business Insurance 66

Lamacchia Realty

SEPTEMBER 7, 2022

Remember to keep necessary items with you during travel such as important documents, a change of clothes, valuables, and more. If you’re moving long-distance, make sure to use a reputable, insured moving company. Hire the Right Moving Service. Additional Resources. Buyer Resources. April 8, 2021. Read More ». September 1, 2021.

Realty 62

Realty Real Estate Agent Insurance Realtors 62

Housing Wire

APRIL 9, 2024

HOA requirements and documentation: a case in point. As a case in point, let’s look at the settlement requirement to navigate homeowners associations (HOA) and their vast and disparate array of documents and requirements. The result is thousands of HOAs with thousands of varying requirements and mounds of varying documentation.

HOA 371

HOA Real Estate Technology Investors 371

McKissock

APRIL 3, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. Real Estate Smart Contracts. Immutability. Cutting Out Middlemen. How Buyers Can Use Bitcoin to Buy Real Estate.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Lamacchia Realty

SEPTEMBER 20, 2023

The sellers take care of paying for the REALTOR® commission, whereas buyers cover transfer fees and other documentation fees. The buyers will usually cover the loan origination fee, the mortgage escrow account, title insurance, and home appraisal fee. Fees charged for obtaining a mortgage Title insurance for both lender and owner.

Sellers 61

Sellers Buyers Property Taxes Inspection 61

Movoto

FEBRUARY 23, 2024

Consider insurance options the moving company offers for added peace of mind or with providers like U-Haul if physically moving household affects yourself. Organize your documents. Things can go wrong, and receipts or other documentation is handy should some element of your move fall through.

Legal 36

Legal Property Taxes Insurance Landlords 36

McKissock

SEPTEMBER 20, 2021

Article 4 prevents Realtors® from presenting offers, purchasing, or acquiring an interest in any property through self or family members, or the firm’s members and families, or any controlled legal entity without first disclosing their actual position to the “owner or the owner’s agent or broker” in writing before any contracts are signed.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Eppraisal

JANUARY 29, 2023

In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership. is performed; funds are transferred; documents are signed and title is passed. Buyers should make sure the most accurate and up-to-date survey is incorporated into the title insurance policy.

Development 36

Development Counter Offer Easement Legal 36

McKissock

MAY 8, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. Real Estate Smart Contracts. Immutability. Cutting Out Middlemen. How Buyers Can Use Bitcoin to Buy Real Estate.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 52