Remove Contracts Remove Inspection Remove Loan Officers Remove Sellers
article thumbnail

5 ways to provide overwhelming value to buyer clients

Housing Wire

Loop your buyer’s lender into the mix and have coffee with your buyer clients and the loan officer to discuss loan options that meet their goals. If they’re dying to be in just one specific neighborhood, door-knock that neighborhood for them to uncover the next motivated seller. Be a matchmaker.

Clients 376
article thumbnail

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Working with buyers in the nation’s hottest housing market

Housing Wire

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

article thumbnail

New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Other users might be sellers, mortgage underwriting, banks, and contractors.

article thumbnail

Gaining a Competitive Edge Buying a Home

Eppraisal

It's a sizzling, fast-paced seller's real estate market right now. A full pre-approval is when a mortgage loan officer pulls your credit, verifies your employment and income, has your complete application and has all the required documents from you. Your loan officer may even put your file through an initial underwriting.

Sellers 66
article thumbnail

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. They are honest about what the client can afford, and they are willing to go to bat for them. Answer Questions.

article thumbnail

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

PennyMac

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Depending on the lender, you may need to submit special contract forms or paperwork. Step 7: Have the Property Inspected.