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Help your Borrowers Navigate Recent Home Appraisal Trends

Genworth MI Blog

Prospective borrowers, especially first-time homebuyers, need to be ready for what they’ll encounter during the homebuying process, including home appraisals. That’s where you, the lenders, can step in and help. This is true for appraisals, too.

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Top 10 ways to get homebuyers to work with you

Housing Wire

Educate your clients about financing While many homebuyers can benefit from a 30-year, fixed-rate conventional mortgage , other borrowers might need access to other loan programs with more lenient guidelines. Are they in a situation where they can compete for a home if necessary? Should they buy first or sell first?

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Appraisal Trends: Mastering Property Conditions and Location on the Appraisal Review

Genworth MI Blog

The mortgage process involves diligence and timeliness to ensure that borrowers can meet their closing date – that diligence is also required to master the appraisal review process. Ensuring you know the ins and outs of the appraisal review is imperative to help your borrowers meet that end goal on time.

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A look at the role instant title plays in the borrower journey

Housing Wire

Today, borrowers expect to close fast. A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. The tools enabling work-from-home and remote closings were not only readily available, but efficient and accessible.

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A look behind this year’s Tech100 winners

Housing Wire

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ This brings me to a trend in the 2022 Tech100 nominations that was more prominent than any year I can remember — an emphasis on technology enabling headcount efficiency and cost reduction.

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Mastering How to Order a Home Appraisal Quickly

AmeriMac

When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal. A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property.

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Why Appraisal Workfiles Are Important

Appraisal Today

Why an Organized Workfile is Your Best Defense By Craig Capilla Excerpts: We all know that the Uniform Standards of Professional Appraisal Practice (USPAP) set the baseline for what must be included in a workfile. Still, all too many appraisers seek only to meet that minimum standard and little more. Newer appraisers are lucky.