Housing Wire

JULY 22, 2022

Omar Ennabe: The obvious trends I follow would be the ones related to our business, such as housing trends, home values and interest rates. Omar Ennabe: I would like to see the document packages for reverse mortgages become much simpler. On a personal level, I do try to stay on top of technology trends and viral video trends.

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Technology Investors Housing Market Legal 378

Housing Wire

FEBRUARY 24, 2023

The pain points have been well documented by the PAVE Action Plan and supported by numerous research papers, so I won’t spend a ton of time here except to marvel at the range and complexity of pain points. Like any good product exercise, we need to define the pain points before we talk about solutions.

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Appraisal Process Appraisal Reconsideration of Value Valuation 370

Eppraisal

FEBRUARY 14, 2023

Taking title is a concept, not a document. When you close on a home, you will not receive a title document. However, you will receive a physical, legal document called a deed. A Property Deed When you close on a home, you receive an official document called a deed.

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Legal Insurance Sellers Real Estate 69

Housing Wire

JANUARY 10, 2023

The most groundbreaking aspect of GSE appraisal modernization that gets overlooked is that there is now a tech-driven data standard for how a home should be documented in support of an appraisal. Homeowners should have direct access to accurate home value and equity data so they can make wise financial decisions.

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Modernization Finance Appraisal Valuation 382

Eppraisal

JULY 19, 2022

With home values rising and homes selling at record speed, it is helpful to have an attorney on your side during the transaction. Contract Review Whether you are a home buyer or a home seller, once you sign a contract it is time to hire a real estate attorney. He will review every document before you sign it.

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Real Estate Inspection Real Estate Agent Contracts 36

Premier Home Appraisal Blog

MAY 30, 2023

According to the Homeowners Protection Act (HPA), you can request PMI cancellation once you reach 20% equity in your home and have paid off 20% of your original loan amount, either through mortgage payments or an increase in your home's value. Use the appraisal report to calculate your home's equity.

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Appraisal Home Value Appraisal Process Insurance 98

Eppraisal

DECEMBER 28, 2021

Application: Because You Say So When a mortgage applicant sits down with a loan officer to formally request a home loan, the information conveyed is received in good faith, i.e. the lender's representative gives the prospective borrower the benefit of the doubt as far as representations go regarding income, employment, assets and home value.

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Mortgage Home Value Insurance Loan Officers 68

Housing Wire

JULY 25, 2023

Impact on home values and sales In the meantime, real estate agents in Florida and California are concerned that the rising homeowners’ insurance costs in their states will have a negative impact on homeownership. “As A year or two ago that would have been a slam dunk, no questions asked,” he told HousingWire.

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Insurance Housing Market Marketing Agents 369

Housing Wire

FEBRUARY 21, 2023

That didn’t work because setting up the fax machine proved more complicated than putting the documents in the UPS envelope. “I Despite much of the talk out there, buyers are not coming back until home values come down dramatically – you probably won’t see a tremendous pickup. I probably bought maybe 500 or 600.

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Clients Mortgage Business Home Value 344

Eppraisal

APRIL 25, 2023

It all begins at the mortgage closing when a borrower/owner signs the loan documents. Here -- and with accompanying documents -- a borrower concedes that default will lead to foreclosure which can, ultimately, lead to the bank assuming ownership of the collateral and evicting the borrower. What Happens to REOs when a Bank Fails?

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Housing Market Real Estate Property Taxes Home Value 36

Eppraisal

JULY 1, 2022

When you choose to go with the FSBO method, you are responsible for many things, including: Determining an accurate home value, gathering photos and other marketing information, and paying to list the house on real estate websites. Preparing all legal documents, like the bill of sale document.

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Real Estate Agent Real Estate Home Value Legal 36

Eppraisal

APRIL 22, 2022

Congratulations on your new home! It is a great time to purchase a home, as home values are still rising. You can look forward to moving into your new home and making it your own. Now that you have closed on your new home, there are a few things you need to attend to right away.

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Insurance Home Value Inspection Government 67

East Coast Appraisal

FEBRUARY 28, 2022

Your home's square footage is a great determinant of the home's appraised value. Market Trends Market conditions determine your home's value at any given time. If there are many houses for sale in your area and the demand is low, your home's worth may decrease.

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Appraisal Renovations Home Value Construction 52

Eppraisal

NOVEMBER 12, 2021

Selling your home can be profitable in today's seller's market as home values have risen significantly this year. What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. Here are a couple of tips on what to expect during an appraisal.

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Appraisal Real Estate Agent Real Estate Buyers 36

Housing Wire

OCTOBER 9, 2023

Just be sure to keep the following documents, as you may need them to prove your timely renewal: Records of your continuing education completion A copy of the renewal application Copies of your method of payment in case of an IDFPR audit (up to 5 years) Do I need to be sponsored by a managing broker to renew my license? link] FastExpert.com.

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Real Estate Agent Real Estate Agents Brokerage 415

Clear Capital

FEBRUARY 23, 2024

The contract will also likely reference a second document, either a deed restriction or a ground lease. When appraising a shared equity property, you should first develop an independent assessment of the fair market value of the property to assist in determining the property’s leasehold value. As an appraiser, how can you help?

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Valuation Market Value Contracts Appraisal 36

PennyMac

FEBRUARY 12, 2021

While mortgage rates continue to fluctuate, home values continue to rise , providing more equity to homeowners. However some refinance options, such as a Streamline Refinance, can remove these document requirements. These documents include: Pay stubs. You may also need to pay for an appraisal of your home.

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Insurance Loan Officers Finance Mortgage 59

Eppraisal

FEBRUARY 4, 2022

Also, home values are still increasing at an above average pace. Your agent should provide an application to fill out and instructions listing what other documents are required. Proof of income such as year-to-date paycheck stubs and tax documents, copies of IDs and other documents should be required.

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Agents Tenants Property Management Investing 36

Cleveland Appraisal Blog

MAY 26, 2023

They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. Assuming they made adjustments) Did you consider any relevant market trends or economic factors when determining the property’s value? That’s right!

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Appraisal Real Estate Agent Real Estate Agents 302

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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Appraisal HOA Easement Valuation 126

Eppraisal

NOVEMBER 23, 2021

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. It hasn't been uncommon where homes haven't appraised for the prices on the real estate contracts this year.

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Appraisal Real Estate Agent Real Estate Inspection 36

Housing Wire

APRIL 26, 2022

On the high end, one bHome-funded crypto-mortgage involves an $820,000 mortgage and lien on a California home valued at $20 million. Another transaction, on the low end, involves a $30,000 NFT-backed mortgage loan and lien for a home in Vancouver, Washington, valued at $432,000, according to the Bacon Coin website.

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Mortgage Technology Investing Investors 446

Zillow

JULY 15, 2019

Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more. Buyers should budget for an amount that is 1% to 3% of the home's purchase price.

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Real Estate Agent Insurance Inspection Buyers 56

Eppraisal

JANUARY 29, 2023

Another measure of value -- land values, not home values -- is information derived from a raw land appraisal. All of these variables can influence the final price paid as well as future home values. is performed; funds are transferred; documents are signed and title is passed.

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Development Counter Offer Easement Legal 36

Eppraisal

DECEMBER 27, 2022

If so, you'll need to be aware of how the weather can affect your home inspection as there may be a few challenges. You'll want to make sure you are purchasing a home that is free of major defects and safety hazards, as a solid and safe home will help to maintain your future home value.

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Inspection Home Value Real Estate Agent Real Estate 36

Eppraisal

APRIL 20, 2021

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. Have your pre-approval letter ready to submit with your offer to purchase a home when you find one. . If it's not convenient for you, make it work.

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Sellers Loan Officers Inventory Home Value 66

Eppraisal

DECEMBER 9, 2021

Houses are selling in record time and prices have risen at unbelievable rates; homeowners are experiencing nice increases in home values. Buyers lost out on homes because of other buyers and investors paying cash. VA Home Appraisals VA home appraisals are required for homes that are being purchased by VA home buyers.

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Sellers Buyers Home Value Insurance 36

Eppraisal

FEBRUARY 28, 2023

During this time the buyer must submit all the financial documents require by the mortgage company, have an appraisal done and wait for the file to go through underwriting. During the last couple years when homes were selling quickly and home values were rising, many buyers were waiving contingencies to get sellers to accept their contracts.

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Inspection Contracts Sellers Real Estate 36

Housing Wire

OCTOBER 8, 2021

District Court of California’s Central District, the CFPB alleged that Irvine, California-based American Advisors Group (AAG) sent borrowers deceptive and inflated home estimates in direct mailers to convince consumers to take out a reverse mortgage. How increased regulation presents a huge opportunity for lenders.

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Advertising Home Value Lending Valuation 407

The Robert Weiler Company

OCTOBER 15, 2021

Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. Abiding by the checklist, below, will guide you in the process; thus, ensuring that each document, record, regulation, and financial information does not go unnoticed.

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Investing Real Estate Tenants Investors 138

Eppraisal

FEBRUARY 8, 2022

Rental prices are going up just as home values are. You can also ask for an applicant's tax documents, W-2 or 1099 showing income as well. Smoke smell is hard to get rid of and may impact the home value the next time you go to rent or sell your property. Find out how long your applicant has been on the job.

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Tenants Landlords Home Value Law 36

Eppraisal

MARCH 13, 2021

Interest rates are still historically low and, in many areas, when a home is listed for sale, it's a race as to who sees it and puts in an offer first. Many homes receive multiple offers within a couple days of going on the market with buyers often paying more than list price for homes. Help you arrange inspections.

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Buyers Brokerage Contracts Home Value 36

Eppraisal

APRIL 5, 2022

Even though home values are rising, and houses are flying off the shelves, hosting an open house may be worth it. Lock your important documents, valuables and jewelry away. * It's no secret that houses are selling quickly, and home values are still rising. Many agents stopped hosting them altogether.

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Open Houses Advertising Real Estate Agent Agents 36

Housing Wire

MAY 2, 2021

Using an AVM helps lenders quickly and accurately get an independent assessment of collateral value, which can streamline the home buying process for them and the borrower. Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle.

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Valuation Home Value Lending Technology 355

Housing Wire

OCTOBER 22, 2023

Once you file your Texas sales agent application, you’ll need to submit your course completion documents to TREC. Next, you’ll be prompted to email the payment confirmation and all six of your pre-licensing course completion certificates to TREC at documents@trec.texas.gov. Texas Home Values” [link] link] FastExpert.com.

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Real Estate Real Estate Agent Agents Brokerage 403

Housing Wire

OCTOBER 18, 2022

Marketers mining data on home values to create an efficient marketing campaign will prefer an AVM, such as Procision Direct, that provides accurate homes values with high hit rates, delivered in bulk and at a cost that delivers significant return on investment.

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Valuation Home Value Technology Lending 299

D Fritz Appraisals

OCTOBER 11, 2022

Read on for more information about how a home appraiser determines the value of your property. What is a Home Appraisal and Why is it Important? A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property.

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Appraisal Inspection Property Taxes Easement 105