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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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How Today’s Market Impacts the Appraisals and Inspections Landscape

Genworth MI Blog

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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What is the Buyer’s Inspection Advisory? 

CA Realty Training

The Buyer’s Inspection Advisory (BIA) is a disclosure that is included with the Residential Purchase Agreement (RPA) when you make an offer on a home. Simply put, it is advising the buyer to have a professional inspect the property. In this case, the Buyer Inspection Advisory is for the buyer. FIRE, HAZARD AND OTHER INSURANCE.

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Help your Borrowers Navigate Recent Home Appraisal Trends

Genworth MI Blog

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. Thus, the parties conducting each part of the appraisal, inspection vs. research, are completed by two different people instead of one.

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How to Conduct a Smooth Real Estate Transaction

McKissock

Timeliness and types of inspections. Property insurance. If you do not feel comfortable in this role, you may ask a buyer if they would like to be referred to another agent. because they feel the offer price is too low, too many repairs or inspections are requested, etc.), Inspections. Number of days on market.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

Sometimes you may hear someone refer to this fee as “good faith” money, as it is a fee that you are giving the buyer directly to let them know that you are serious about buying the property. During this time, there are many things that a buyer needs to accomplish such as inspections, appraisals, securing their financing, and title searches.

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Mortgage Term Glossary

Assurance Financial

The first number refers to the length of the introductory period, while the second is how often the rate can adjust. A base rate is the interest rate used as a reference point when setting the rate for an ARM or another loan with a variable rate. Home Inspection. Homeowners Insurance. Amortization. Base Rate.