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Lenders: Looking to simplify closings? Work with an insurance agency

Housing Wire

Lenders are looking for competitive solutions to help borrowers manage their total monthly payment so they can still get into the home of their dreams. While some elements of PITI are set, others offer buyers opportunity. Often left to the last minute, insurance can push a buyer’s monthly payment beyond their limit.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. They are also used to assess the value of the home for home improvement loans and insurance evaluations. What is a Home Appraisal and Why is it Important?

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Understanding Loan Processors and Mortgage Processing

PennyMac

This means checking your income verification (W-2s, pay stubs and/or tax returns), assets (checking and savings accounts) and outstanding debts (car and student loans). Lenders don’t want your total monthly mortgage payments—principal, interest, property taxes and homeowners insurance—to swallow up your monthly gross income.

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Mastering How to Order a Home Appraisal Quickly

AmeriMac

When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal. A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property.

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Tips for Buying and Selling a Home at the Same Time

PennyMac

How to Prepare Before Buying a New Home Preparing to buy involves more than just browsing real estate listings. To ensure you're thoroughly ready, consider the following steps: Get a New Mortgage Pre-Approval: Gain clarity on your budget and strengthen your position as a buyer by getting pre-approved.

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Zillow Estimates vs. Appraisals: Why Zillow Shouldn’t Be Used for Appraisals

AmeriMac

They’ll physically inspect the property and look at a wide range of different characteristics. These include not only the condition of both the inside and the outside of the house, but also the amount of land it sits on, certain home improvements that have been made since the time of the last sale and more.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.