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Remote online notarization is the proper path forward for digital closings

Housing Wire

Earlier this year, Fannie Mae and Freddie Mac modified their Seller Guides and provided guidance on several policy areas to support mortgage originations. In 2017, the associations collaborated to create standard legislation that is safe for consumers, ensures the transaction can be insurable and is technology neutral.

Law 433
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. A land contract, also known as a land installment contract, is an executory financing agreement between a seller and a buyer.

Contracts 143
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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

When you’re about to buy your first real property outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. This is especially the case if your goal is to break into real estate. Decide on How to Proceed.

Investing 332
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Real Estate Risk Management: Putting Clients’ Interests First

McKissock

In its Standard of Practice 1-2, “client” means persons or entities with which the Realtor® has an “agency or legally recognized non-agency relationship.” Article 2 requires honest communications regarding a seller’s property. This includes “opinions of real property value or price.”

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Red Flags Related to a Title on a Home

Will Springer Realtor

Preparing a home for sale includes dozens – or even hundreds – of steps choreographed between seller, agent and other key individuals. That’s why it’s critical for a competent real estate professional and title officer to review the title as soon as possible and help identify any potential concerns.

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5 Appraisal Topics Every Agent Should Know

Empire Appraisal Group

While appraisers can’t discuss comparable properties, Bradley said agents can still provide MLS data sheets with brief explanations of why similar homes are relevant to your listing, such as whether they were built by the same builder, have a remodeled kitchen, or involve other comparable elements.

Agents 78
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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

It isn’t clear who owns the appraised property. City or federally owned property is being evaluated. The physical, legal, or economic descriptions of the property are in question. Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property.