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HUD’s Use of Convicted Felons to Ramp Up ‘Discrimination Testing’

Appraiserblogs

million armed robbery of a… 'Clean-Slate' Laws, Bad Policy Could Dispatch More… The idea of unlicensed individuals being hired off the streets and paid a pittance to video and photograph the interiors… Foregoing Contingencies! Few would argue that society doesn’t benefit when convicted felons are rehabilitated and re-integrated.

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Inside Fairway’s bold plan to boost reverse purchase business

Housing Wire

Because Fairway gets most of its reverse mortgage business from referral partnerships, extending to the purchase market made sense for Fairway because of the partnerships that its loan officer corps has spent so much time developing, according to Hultquist. Harlan Accola. Real estate agents hate dealing with call centers,” he says.

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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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5 Ways to Help First-Time Homebuyers

McKissock

Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax laws that they will have to navigate. Honesty Counts. Answer Questions.

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What’s Included in Closing Costs?

PennyMac

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. State laws will usually dictate who is legally responsible for overseeing the closing. The agency will use the data from the inspection to plan for flooding emergencies. Lead-Based Paint Inspection.

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10 Simple Steps to Purchase a Home in 2020

PennyMac

Your FICO score will impact which types of loans you qualify for, so getting your credit into great shape is an investment that can offer great returns. By law, you’re entitled to one free credit check per year , per reporting agency, so obtaining your current score should be the first step in the home buying process.

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New Homes vs. Old Homes: Which Is Right For You?

PennyMac

Keep in mind that any big changes to existing structures can often be prohibited by zoning laws. Some homes pass inspection with flying colors, and the loan goes through immediately. For others, the home inspection leads to unforeseen problems and can cause your lender to back out of the deal. Trouble obtaining financing.