Housing Wire

JUNE 21, 2022

Despite rising interest rates , higher home prices and a drop in refinance volume , the American Land Title Association recorded $5.89 billion in title insurance premium volume during the first quarter of 2022, compared to $5.68 The title insurance industry had a record year in 2021 , generating $26.2 Doma Title Insurance Co.

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Insurance Home Value Contracts Marketing 305

Appraisal Buzz

JUNE 6, 2022

The latest news of such comes from American Land Title Association (ALTA) who found that, driven by meteoric rise in originations and home values last year, has caused title insurance premiums to increase by 35.9% increase seen … The post Title Insurance Market Sees Double Digit Growth appeared first on DSNews.

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Insurance Marketing Home Value Real Estate 150

Housing Wire

MARCH 13, 2024

The cost of homeowners insurance policies has skyrocketed in the past two years as U.S. insurers have grappled with exponential growth in natural disaster claims. homes, valued at $19.7 homes, worth $13.6 of homes in the U.S., valued at nearly $7.7 And about 9% of homes, valued at nearly $6.6

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Tools Insurance Home Value Technology 439

Appraisal Buzz

MAY 6, 2024

Does the cost of homeowners insurance affect the price of a home? In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. In some markets, the answer is increasingly yes.

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HOA Insurance Legal Fees Valuation 370

Town & Country Residential Appraisals

DECEMBER 4, 2023

Insurance companies see these homes as risky, making it harder and more expensive to get coverage. How It Affects Your Home's Value Now, let's get to the point – how does knob and tube wiring impact your home's value? Safety Worries People worry about safety when they hear about knob and tube wiring.

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Home Value Insurance Buyers Modernization 56

Housing Wire

MARCH 5, 2024

The federally insured reverse mortgage known as a Home Equity Conversion Mortgage (HECM) is unique, as are the rates that impact the HECM product. This “principal limit” calculation is based on factors like home value, age, and of course, interest rates. Why are there two HECM interest rates used with HECM loans?

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Mortgage Insurance Home Value Development 414

Housing Wire

NOVEMBER 3, 2023

Geniusprice, an automated and instant home value estimate driven by AI, advanced machine learning and homegeniusIQ. Consumers can see room condition scores at a glance and get the estimated value of each property they’re interested in, instantly.

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Real Estate Agent Real Estate Insurance Valuation 394

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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Home Value Appraisal Real Estate Agent Tools 78

Housing Wire

FEBRUARY 13, 2024

In May 2023 , Hometap launched an online portal called the Home Equity Dashboard. The platform offers homeowners a free centralized platform to understand their home equity. It features tools for data visualization of home value, mortgage debt and current equity, as well as estimates for up to 10 years.

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Investing Renovations Tools Real Estate 348

Housing Wire

MARCH 27, 2023

The title insurance industry continued to pay out claims, many fraud-related, despite a severe recession. According to Politico , Fannie Mae would waive title insurance requirements for certain transactions under the pilot program. This is because title insurance provides the most comprehensive protection of property rights.

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Insurance Government Home Value Real Estate 303

Housing Wire

JULY 25, 2023

Insurers and government programs frequently subsidize the cost of rebuilding after storms hit, and mortgages mean homeowners are ceding some risk to lenders—especially if their house goes into foreclosure after a storm,” he explained. Recently, prominent insurance companies have exited some of these areas.

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Housing Market Insurance Marketing Renovations 355

Housing Wire

JANUARY 18, 2023

“A small offset or decline in home values, which we are starting to see, (…) can help that consumer who’s in the market for the first time,” Brown said. mortgage insurance market in 2023 to deteriorate. mortgage insurance sector,” Christopher Grimes, director of Fitch Ratings, said.

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Housing Market Marketing Insurance Mortgage 449

Housing Wire

JANUARY 17, 2024

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ).

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Finance Real Estate Agent Real Estate Insurance 457

Housing Wire

DECEMBER 27, 2022

In recent months, the canary has been chirping with far less exuberance as inflation (now above 7% annualized ), rising mortg a ge rates , declining home values and the potential of faster-rising unemployment spurred on by a potential recession in the coming year all grip the FHA sector. Over the past 14 years, FHA has insured 9.1

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Insurance Home Value Mortgage Marketing 479

Lamacchia Realty

DECEMBER 20, 2022

Property Insurance Reform in Florida Sets Out to Stabilize Market. Governor DeSantis signed two new bills which support disaster relief and overhauls Florida’s home insurance , for which rates have risen to the highest in the nation, with $4,232 as the average Florida premium- nearly triple the nationwide average. No Comments.

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Insurance Marketing Realty Home Value 41

Housing Wire

MARCH 25, 2024

According to a Freddie Ma c housing and mortgage market report released Monday, while mortgage payments remain the primary pressure point for homeowners, insurance costs are emerging as a growing burden. Homeowners insurance costs, though still much smaller than mortgage principal and interest payments, are on the rise. per $1,000.

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Insurance Home Value Mortgage Marketing 426

Eppraisal

DECEMBER 7, 2021

According to an article on the website ipropertymanagement.com (October 17, 2021), 36% of American households are renting their home, signaling an apparent decline in homeownership this past year. Home values have gone up making affordability more difficult, so more are renting. Who Needs Renters Insurance?

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Insurance Landlords Home Value Agents 36

Eppraisal

MARCH 3, 2023

Do you as a homeowners know the difference between a homeowner's insurance policy and a home warranty? With the increase in home values over the last couple years, you have a bigger investment to protect against hazards and defects. You will pay an annual premium for your homeowner's insurance.

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Insurance Home Value Legal Investing 36

Housing Wire

FEBRUARY 1, 2023

To this end, Sagent believes servicing fintech must address three areas to set a modern data standard in 2023 and beyond: First, homeowners should be able to access their data easily and securely from any device to manage every aspect of their home-owning lives. and see the same data their customer is seeing.

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Mortgage Technology Modernization Investors 462

Housing Wire

AUGUST 24, 2022

Top wholesale lender United Wholesale Mortgage (UWM) is the latest originator to join the resurgent home-equity lines of credit (HELOC) market. UWM’s products announced Wednesday are available on primary and second home loans, with loans up to $350,000, according to the company’s website.

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Home Value Investing Insurance Mortgage 384

Eppraisal

MARCH 1, 2022

One of the most important of these chores is to review the property insurance policy. Keep Track of the Term The typical term length for homeowners or hazard insurance is one year. Renewing the policy is the responsibility of the insured, not the insurer. Is the Level of Coverage Still Applicable?

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Insurance Home Value Design Mortgage 36

Housing Wire

MAY 25, 2023

[They likely] would feel much more confident that they can keep a significant amount of the proceeds from their departure home and not have to make monthly mortgage payments, provided they continue to pay their taxes and insurance and maintain the home,” said Rob Cooper, National Purchase and Builders Sales Leader for Longbridge. “If

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Loan Officers Real Estate Agent Real Estate Finance 397

Housing Wire

APRIL 9, 2021

. “We’re giving them an offer to unlock their equity and move forward to make an offer on their next home,” Ryan Raveis, co-president of William Raveis Real Estate, Mortgage & Insurance (WRRE) , said in an interview with HousingWire.

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Brokerage Real Estate Clients Insurance 410

Housing Wire

JULY 26, 2021

Historic government institutionalized discrimination includes actions like “redlining,” where the Federal Housing Administration would refuse to insure mortgages in and around Black neighborhoods. Government-backed New Deal programs of the 1930s openly discriminated against minority borrowers and neighborhoods.

Mortgage 504

Mortgage Lending Real Estate Agent Government 504

Appraisal Buzz

MAY 31, 2021

By requesting a second appraisal report, removing race from the equation, and subsequently receiving a higher value estimate for their home, in her mind , the wife’s suspicion was validated. These color codes were designed to indicate where it was safe to insure mortgages. The answer…. First, a little bit about history.

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Valuation Appraisal Real Estate Insurance 370

Housing Wire

JUNE 24, 2021

“According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer. Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset.

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Valuation Real Estate Agent Real Estate Clients 348

Housing Wire

JUNE 29, 2021

The average home value for high hazard risk properties is $697,000, as compared to the neighborhood average of $773,000 dollars. With a nearly $75,000 gap, it becomes evident that homes in Otay Ranch at higher risk also have lower property values.

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Home Value Development Valuation Insurance 236

Housing Wire

FEBRUARY 1, 2023

Secondary market The rate of home-price growth ticked down slightly again in November, with the just-released S&P CoreLogic Case-Shiller National Home Price Index showing annualized gain of 7.7% So, while the rate of home-price gains is trending downward, home values are still appreciating overall.

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Town & Country Residential Appraisals

AUGUST 14, 2023

If you have not purchased or refinanced recently, your homes value might have changed from where you thought it was just 12 -18 months ago. Knowing the value of your home can be important for many reasons of which, here are a few: Financial Planning The value of your home is a significant component of your overall net worth.

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Property Taxes Home Value Insurance Renovations 43

Housing Wire

MARCH 11, 2021

She also noted that the borrower is still responsible for taxes and insurance for the duration. ” The EquityAvail product is a non-recourse loan, which means the borrower or the heirs will not owe more than the home’s value. The maximum loan amount is $4 million, and there’s no minimum home value requirement.

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Finance Mortgage Retail Home Value 397

Eppraisal

FEBRUARY 14, 2023

Once you are the legal owner of the property, you can start enjoying the rising home values that homeowners have been enjoying over the past couple years. " Title Insurance You and your mortgage lender will also receive title insurance policies when you close on your home.

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Legal Insurance Sellers Real Estate 69

Premier Home Appraisal Blog

MAY 30, 2023

My home appraisal saved me money! Are you tired of paying for private mortgage insurance (PMI) every month? PMI is typically required when you put down less than 20% on the purchase of a home, but once you reach the equity threshold of 20%, you may be eligible for PMI removal. You can remove it and save thousands of dollars!

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Appraisal Home Value Appraisal Process Insurance 98

Housing Wire

APRIL 24, 2023

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Less demand for homes will cause home values to drop in many neighborhoods.

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Legal Housing Market Government Buyers 374

Eppraisal

MARCH 29, 2022

Among the diverse assets seniors can pass on is the familial home. In many cases, this property is mortgage-free and home values are high in a tight, sellers' real estate market. This coverage can pay for services administered in the home or in an institutional setting. Who Gets First Dibs? What are their options?

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Insurance Legal Home Value Real Estate 69

Housing Wire

JUNE 10, 2022

Fixed mortgage payments are stable and predictable, unlike rent payments which can fluctuate and tend to increase along with rising prices and home values. Owning property is also one of the best ways to offset inflation pressure, which is expected to continue for the foreseeable future. Improving access to affordable homeownership.

Real Estate 390

Real Estate Buyers Mortgage Insurance 390

Eppraisal

APRIL 9, 2024

Renovations are a great way to boost home value and aesthetics. Keep in mind this doesn't necessarily mean you’re liable, especially if the contractor has the relevant insurance. The ROI Reality Check A well-planned remodel can drive up your home value.

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Renovations Supply Chain Home Value Construction 68

Housing Wire

JUNE 30, 2021

Home values have increased over the past several months and consumers are realizing there is more equity in their homes than anticipated. This realization has increased demand for wholesale lenders and brokers as borrowers look to refinance, cash-out refinance or otherwise take advantage of the equity in their homes.

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Valuation Client Relationships Clients Inspection 197