Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs. “The The lender and LO can make or break the transaction.”

Buyers 393

Buyers Agents Loan Officers Real Estate 393

Housing Wire

DECEMBER 20, 2023

It’s the ultimate in legalized fraud. In and of itself, it’s legal, provided the lead really did come from the source and it’s diligently tracked by the lender. In and of itself, it’s legal, provided the lead really did come from the source and it’s diligently tracked by the lender.

Loan Officers 450

Loan Officers Clients Law Legal 450

Housing Wire

FEBRUARY 5, 2024

However, if the contract was terminated with cause – which includes cases of fraud or breach of fiduciary duty, among others – he would not receive the severance compensation. 10, Guild sent a written notice of the employment agreement, saying he failed to cure the breaches and because of that, the company terminated his contract.

Retail 410

Retail Contracts Loan Officers Mortgage 410

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

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

McKissock

JANUARY 6, 2023

There are appraisal jobs available in the lending sector, such as staff appraisers, review appraisers, fee panel managers, and with experience and time on the job, chief appraiser and valuation compliance officer jobs can be found. These may be full-time jobs or contracted services. Non-lending appraisal courses.

Appraisal 74

Appraisal Training Lending Land Management 74

Eppraisal

OCTOBER 19, 2021

There are many instances nowadays where a house doesn't appraise for the price on the contract. If the property value isn't supported by other comparable sales in the area, the appraiser may not appraise the home for the contract price. The lender will only lend the loan-to-value amount of money to you, the buyer.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

Movoto

APRIL 30, 2024

Near the end of the initial lease or rental agreement, you’ll likely need to obtain a mortgage loan to finance the purchase. Credit scores need to meet a minimum threshold for most lending scenarios, and better scores translate to more favorable mortgage terms. What Are The Cons Of Renting A Condo? Lease Option Agreement.

Tenants 36

Tenants Real Estate Contracts HOA 36

Eppraisal

JANUARY 23, 2024

However, first-time buyers tend to be more vulnerable to scams, from financing to maintenance and remodeling.  It's  Other lending scams include interest rate offers much lower than average and monthly mortgage payment scams. Homeownership is an exciting chapter of anyone's life.

Legal 36

Legal Real Estate Agent Lending Real Estate 36

D Fritz Appraisals

FEBRUARY 22, 2023

However, refinancing will also incur additional closing costs, such as appraisal fees and legal expenses, which the borrower should consider before making a decision. We have provided reliable real estate lending, sales, and appraisals for four decades in Victoria, BC.

Real Estate 124

Real Estate Investing Appraisal Market Value 124

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). There is administrative time involved, as well as legal factors. The anticipation includes the additional burden on lenders as well as appraisers.

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

Appraisal Today

NOVEMBER 4, 2022

They really appreciate it, and it ensures you can complete assignments on time as you had planned (no one likes waiting for a legal description only to have it show up on your day of 4 inspections!). Mortgage Lending You decide. To read more, including the full legal document and appraiser comments, click here.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

AmeriMac

MAY 24, 2022

Qualification begins with making sure an appraiser at least meets any applicable state or local requirements, and most AMCs also only contract with appraisers who have standard industry certifications and/or memberships. These requirements are set forth in Dodd-Frank and Truth in Lending.

Appraisal 36

Appraisal Lending Finance Legal 36

Realtor

DECEMBER 7, 2019

Contingency: Financing. This contingency gives you the right to back out of the deal if your home financing falls through. But not every buyer needs to worry as much about financing. Bottom line: Talk it over with your Realtor and mortgage broker and find out just how confident you should be in your financing.

HOA 108

HOA Inspection Sellers Appraisal 108

D Fritz Appraisals

AUGUST 12, 2019

Real estate appraisal documents are legal, confidential documents that are only released to the original requestor of the appraisal report as well as other parties with the original requestor’s permission. They both happen prior to the sale of a home and are often both added as subjects on a contract. What Is a Home Inspection?

Inspection 94

Inspection Appraisal Real Estate Property Appraisal 94

Realtor

DECEMBER 7, 2019

Contingency: Financing. This contingency gives you the right to back out of the deal if your home financing falls through. But not every buyer needs to worry as much about financing. Bottom line: Talk it over with your Realtor and mortgage broker and find out just how confident you should be in your financing.

HOA 78

HOA Inspection Sellers Appraisal 78

Zillow

JULY 15, 2019

Contingencies : Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc. FHA 203(k) : A rehabilitation loan backed by the federal government that permits home buyers to finance money into a mortgage to repair, improve or upgrade a home.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Housing Wire

MARCH 22, 2021

With that announcement came a modification to the UWM-broker contract, making note of significant financial penalties for violating this new policy. I discerned, frankly, that these companies all had good legal counsel and would address their reply to this very unusual policy proclamation in their own way. I was astonished, frankly.

Business 538

Business Retail Mortgage Lending 538

Housing Wire

MARCH 7, 2022

The NFT representing ownership of an LLC representing ownership of a house is 100% legally meaningless. between signing a contract to buy a home and purchase closing is 50 days, according to a September 2021 report from ICE Mortgage Technology. For now, there has to be some type of separate agreement for the commission.

Real Estate 477

Real Estate Law Inspection Agents 477

Portland Appraisal Blog

APRIL 14, 2019

There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. The purpose of this blog post is to lend some insight into what an agent should do and not do during the third stage. Which is a legal no-no.). 4) Depression—that idiot appraiser killed my deal. It’s not fair.

Appraisal 78

Appraisal Reconsideration of Value Agents Market Value 78

PennyMac

APRIL 2, 2020

Your home buying budget will be impacted by your household finances and the market you are searching in. Is Homeowners Insurance Legally Required? Once you’ve mutually agreed upon a price, you and the seller will be under contract, also known as being in escrow. Step 2: Determine Your Budget.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. Understanding the perspectives of the appraiser and bank appraisal review department helps lenders communicate with the borrower at the onset of the real estate financing process.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Housing Wire

NOVEMBER 30, 2023

The selected additional course will serve to expand your knowledge in the areas of economics, sales, persuasive communications, workplace collaboration, and/ or corporate finance. For the additional course, choose from topics such as economics, workplace collaboration, communications and persuasion, and sales and corporate finance.*

Real Estate 412

Real Estate Real Estate Agent Law Inspection 412

Simonson Real Estate

JULY 10, 2020

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Helpful information includes tax parcel numbers, legal descriptions, number of buildings, building size, etc.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Will Springer Realtor

APRIL 10, 2024

However, this poses its own risks, as listing agents are legally obligated to prioritize their contractual relationship with the seller. A federal appeals court, in a separate legal case, on April 5 granted the DoJ the right to reopen an investigation into NAR policies even after the government ended the probe in 2020.)

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

APRIL 6, 2021

A buyer’s choices for financing of a condo, however, can be, well , complicated. In the complex world of condominiums, it is as important to know which buildings are favorable for financing as it is to ensure a buyer’s eligibility for the mortgage itself. These loans allow borrowers to finance homes with down payments as low as 3.5%

HOA 36

HOA Mortgage Buyers Insurance 36

Will Springer Realtor

JULY 13, 2023

Data from the Federal Reserve indicates Goldman Sachs has the highest exposure to commercial loan losses at 16% of its lending total due within the next two years, followed by Morgan Stanley (14%) and Citizens (12%). All projects start with financing. I refer to these challenges as the 5 L’s. fourth-floor home for $1.72M ($1387/sq.

Construction 36

Construction Supply Chain Real Estate Development 36

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

Appraisal 358

Appraisal Valuation Inspection Law 358

Housing Wire

JULY 8, 2022

Recently, the Federal Housing Finance Agency (FHFA) announced that mortgage lenders will be required to include in loan packets the Supplemental Consumer Information Form (SCIF), which registers a borrower’s language preference, in order for those loans to be eligible for sale to Freddie Mac or Fannie Mae.

Law 393

Law Advertising Contracts Government 393

Housing Wire

MARCH 15, 2022

A recent judge’s ruling in pending litigation involving student-loan securitization trusts could have far-reaching legal and financial implications for the private-label securities market. But if their case raises important and dispositive legal issues, they may seek permission to appeal early.

Legal 425

Legal Law Investors Finance 425

Will Springer Realtor

JANUARY 7, 2022

The so-called missing middle housing legislation would legalize and incentivize multi-family housing construction on all residential land located within a half-mile of a major transit stop in our state’s larger cities. State lawmakers led by Gov. If a client already has 2.5% alone over the last several years?”. In addition to King County’s 1.2%

Construction 36

Construction Real Estate Inventory Buyers 36