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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.

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5 ways to provide overwhelming value to buyer clients

Housing Wire

One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Change the search area, change the type of home or find an equally great school district to look in that has more inventory. Manage the inspection process so they don’t freak out over small items. Overcommunicate.

Clients 395
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Agent strategies for getting first-time homebuyers across the finish line

Housing Wire

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. Editor’s note: There are conventional mortgage options with down payments as low as 3% and government-insured loans with a low- or no-down-payment requirement.)

Agents 401
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Our 19-point house-hunting checklist for real estate agents & their clients

Housing Wire

We can help them avoid common pitfalls and navigate the inventory to make the best decision for their unique needs and financial goals. Do not skip the inspection. Never advise a buyer to skip their inspection, even if it means they lose to a cash buyer. If a buyer insists on waiving their inspection, get it in writing.

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Will zombie foreclosures haunt servicers?

Housing Wire

“There is so much demand for housing and so little inventory available that I expect most of the properties to be sold, rather than abandoned.” Government agencies that provide guarantees and insurance – in the case of a zombie foreclosure, most likely the FHA – also worry about the home’s condition.

Law 349
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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.

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Help your Borrowers Navigate Recent Home Appraisal Trends

Genworth MI Blog

The current housing market has been met with low housing inventory, yet demand is still relatively high. There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report. That’s where you, the lenders, can step in and help.