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Porch acquires mortgage software firm Floify for $90M

Housing Wire

In 2021, Floify’s software, which streamlines the loan origination process by allowing document sharing, and communication between LOs and real estate agents, has helped over 77,000 mortgage applications close each month, according to Porch. The acquisition cost Porch about $76.5

Mortgage 377
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5 ways to provide overwhelming value to buyer clients

Housing Wire

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. Manage the inspection process so they don’t freak out over small items. Be a matchmaker. Overcommunicate.

Clients 376
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Help your Borrowers Navigate Recent Home Appraisal Trends

Genworth MI Blog

Let’s explore how from the lens of David Foster, Enact’s Senior Real Estate Appraiser. 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. Never miss a post by subscribing to the Enact MI Blog!

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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Home inspections are normally regulated by the state.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area. Your agent should also be able to tell you if you need to hire anyone else, such as an attorney or an inspection service, depending on your state and situation.

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What’s Included in Closing Costs?

PennyMac

A real estate purchase includes many players and moving parts to reach the final sale, and each of the players and parts do cost money. From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. FHA Mortgage Insurance Premium. Homeowners Insurance.

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10 Simple Steps to Purchase a Home in 2020

PennyMac

Step 4: Find the Right Real Estate Agent. The help and guidance provided by a real estate agent or REALTOR ® can be priceless, particularly for first-time homebuyers or those searching in an unfamiliar area. But be sure you’ve done your research before opting out of using an agent.