McKissock
JULY 20, 2021
Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.
GoForrmz
MAY 10, 2022
Take the hassle out of job site hazard documentation by adding an Image field to your forms Nobody wants to think about the realities of on-site work hazards, but failure to properly document them can cause even more headaches. In that same report, OSHA notes prevention and proper documentation are key to reducing that number.
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Housing Wire
NOVEMBER 30, 2023
” For example, the document says if requested by the borrower or mortgagee to determine if a 203(k) loan is feasible, the consultant may charge an additional fee of $375 to prepare a feasible study. Changes also include increases to the maximum amount for other allowable fees, including for draw inspection, which is $375.
Housing Wire
JUNE 27, 2023
“We’re elated to partner with Reggora’s modern appraisal management platform, which has a well-documented open API that makes integrations easy to maintain,” said Brent Emler , director of sales at Lender Toolkit. “We are excited about the integration of our platform with Lender Toolkit’s AI Underwriter.
Housing Wire
MARCH 1, 2023
And the Federal Reserve has asked the nation’s six largest banks to participate in a climate scenario analysis designed to measure and manage climate-related financial risks. property inspections) allowing them to restart their origination pipelines much sooner and continue to close loans without delay.
CA Realty Training
MARCH 22, 2021
The Buyer’s Inspection Advisory (BIA) is a disclosure that is included with the Residential Purchase Agreement (RPA) when you make an offer on a home. Simply put, it is advising the buyer to have a professional inspect the property. Disclosures are designed to inform and protect the parties entering into an agreement.
Housing Wire
SEPTEMBER 9, 2021
For example, from a scheduling standpoint, 58% of survey respondents stated they would be very likely/likely to self-schedule their appraisal, inspection and/or closing appointment online if the option was available to them. if the option was available to them. Growing demand for transparency. How can lenders lean into these trends?
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