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How lenders can improve property tax estimation processes to bolster borrower satisfaction

Housing Wire

Plaza Home Mortgage was no exception, as it sought to improve its property tax estimation process. This case study explores how the correspondent lender was able to reduce its property tax estimation time by upwards of 90% per loan by implementing CoreLogic’s Property Tax Estimator (PTE).

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DataTrace integrates with title software SoftPro

Housing Wire

DataTrace also offers property tax information and certification services in Colorado and Texas. . To help improve the title search process, many companies are using artificial intelligence and machine learning combined with underwriting guidelines — to search traditional and non-traditional property data sources.”

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How Reverse for Purchase can help baby boomer borrowers

Housing Wire

The big difference is that monthly mortgage payments are optional so long as the borrower continues to maintain the home and pay their property taxes and insurance,” Cooper said. The customer would bring roughly 60-65% to the table and the reverse mortgage lender would provide the other 35-40% for the transaction.

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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

We provide lenders with best-in-class training (including live and on-demand opportunities) and comprehensive educational materials on the federally insured Home Equity Conversion Mortgage (HECM) and our proprietary Equity Elite suite of products before engaging with borrowers. Not tax advice. Consult a tax professional. †

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10 Types of Non-Lending Appraisal Work to Pursue this Year

McKissock

Property tax assessment (10%) This type of non-lending appraisal work involves determining a property’s taxable value in order to calculate the correct amount of property tax owed each year. Training work may include consulting, teaching, writing appraisal courses, mentoring, etc.

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7 best real estate schools in Florida (FL) for 2024

Housing Wire

Key takeaways AceableAgent offers courses for every stage or your real estate journey, from prelicensing to post-licencing and training to hone your professional skills. Exam Math Cram consists of 5 real estate math practice tests to test your knowledge on real estate math formulas, calculating commission, and calculating property taxes.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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