article thumbnail

Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

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. and Canada.

article thumbnail

5 best Arizona real estate schools for 2024

Housing Wire

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The hybrid appraisal is here. Who benefits?

Housing Wire

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. An offer comes in at 5 p.m.

Appraisal 410
article thumbnail

House Measurement by Property Data Collector Gone Wrong

Appraiserblogs

The lender allowed an unlicensed property data collector give bad data to the appraiser… I work for this lender and they will not let my trainee inspect. They put an appraisal waiver in the contract which meant they could not walk away if the. The owners are now underwater by more than $100,000… I’m sad and I’m mad!

article thumbnail

NAR Member Survey on Appraisal Data Collectors

Appraisal Today

To me, the big issue is who is doing the inspections. They included appraisers, real estate agents, and someone with a week, a month, or online video training. Most of the inspection training we receive as appraisers happens in the field. Sometimes, the “training” was not as thorough as it should have been.

article thumbnail

Real Estate Real Fast EP3 (with Clayton Bailey, Owner of Green Scene Home Inspections)

Listing Spark

Home inspections are a critical part of real estate. For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. Is there anything you can do to better prepare for future home inspections? 1:08 – What Clayton and Green Scene Home Inspections do. Episode overview.

article thumbnail

New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

Providing you have some supervisory appraiser or training experience and good management skills, you may be able to find appraisal training opportunities. Train future appraisers, collateral underwriters, AMC staff, real estate agents, and others in real estate appraisal. These may be full-time jobs or contracted services.