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How Today’s Market Impacts the Appraisals and Inspections Landscape

Genworth MI Blog

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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3 Types Of Appraisals Realtors Should Be Aware Of

Birmingham Appraisal

Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not. If you were buying a home and the loan officer told you that they needed to get an appraisal this is what they were talking about.

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5 Ways to Help First-Time Homebuyers

McKissock

A good agent is willing to share their knowledge of different areas, as well as share their contacts regarding loan officers, essential documentation that shows sellers the buyers are serious, among other services. Answer Questions.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Multiple Listing Service: Lenders and Realtors® often use the Multiple Listing Service to list REO properties, making it easy to find options from multiple lenders in one place. Your agent should also be able to tell you if you need to hire anyone else, such as an attorney or an inspection service, depending on your state and situation.

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12 Questions to Ask Your Real Estate Agent

PennyMac

Many of them have had great training and even specialized experience working for seasoned Realtors®. Find an agent who really understands the different contracts you need and how to properly fill them out, the legal obligations you’ll run into, and the financial side of the business. Marketing plans and strategies are key.

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How to spot a bad appraiser.

Town & Country Residential Appraisals

They ask you at the inspection “So, how much do you need this to come in at?” If you ever experience this from an agent, feel free to call the Pennsylvania Association of Realtors and report an ethics violation by clicking here. If you ever experience this from a loan officer, feel free to report this behavior to the CFPB here.

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10 Simple Steps to Purchase a Home in 2020

PennyMac

The help and guidance provided by a real estate agent or REALTOR ® can be priceless, particularly for first-time homebuyers or those searching in an unfamiliar area. Once you’ve mutually agreed upon a price, you and the seller will be under contract, also known as being in escrow. Step 4: Find the Right Real Estate Agent.