Remove Buyers Remove Contracts Remove Modernization
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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

Although the decision is ultimately highly personal and based on a buyer’s budget, needs, and preferences, there are a few things agents need to consider to help them make the best decisions. It can be tough for a buyer to choose when faced with the allure of a brand-new build or the charm and affordability of an older home.

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In the race to modernize title, firms double down on software

Housing Wire

In the next five-to-10 years, Doma CEO Max Simkoff wants to make it possible for a homebuyer to sign a contract on their new home on a Friday evening and move in on a Monday morning. The post In the race to modernize title, firms double down on software appeared first on HousingWire. Qualia CEO Nate Baker.

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Renting vs. Buying: Single-Family Homes Offer Tenants More Options 

Appraisal Buzz

Home Renters Dish Out Their Amenity Wishlist A modernized kitchen was the feature that most house tenants mentioned when asked what they would change about their property. However, the majority of renters consider that basic kitchen appliances, such as a refrigerator, stove, or dishwasher, are necessities.

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The appraisal gap is complicating deals across the country

Housing Wire

It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. An LO in Texas told HousingWire that the competition is intense where he is, and buyers are “doing extraordinary things,” which has changed deal structures.

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Opinion: ICE’s Joe Tyrrell on the Black Knight acquisition

Housing Wire

Since the announcement , we have heard from a number of lenders and partners about their excitement over our ability to accelerate the digital journey of our industry, our ability to invest in the modernization of the MSP servicing platform, and the open technology approach we bring to the deal.

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Settling on a New Normal for Appraisals in 2022

Appraisal Buzz

Beginning in January 2020, 7% of purchase transactions had a contract price above the appraisal value. Meanwhile, buyers are plucking up homes left and right. Shifting Toward Modernization. In response, the FHFA is looking to modernize the appraisal process to ensure more streamlined and accurate valuations.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” The title industry has finally put the foundation in place for a modernized workflow.

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