Housing Wire
SEPTEMBER 9, 2020
Time waits for no buyer in the suburbs. With record-low interest rates, paltry inventory and a surge in buyers, agents are advising clients to be extraordinarily aggressive to win. “The property comes on within 24 hours, and if it meets your buyers criteria you want to get them out to see it.” Cordano said.
Housing Wire
NOVEMBER 8, 2021
“This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases.
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Housing Wire
MARCH 8, 2023
Dubbed the “ Same Day Mortgage ,” the program is aimed at giving a competitive edge to first-time buyers who are competing against the all-cash buyers who make up 28% of home purchases, the lender said. Chicago-headquartered lender Guaranteed Rate has expanded its program to approve loans within 24 hours nationwide.
Housing Wire
NOVEMBER 19, 2021
In rural areas, longer travel times between appraisals, coupled with the more complicated reports demanded by the VA process, deter the few available VA-certified appraisers. With conventional financing, in contrast, the appraisal fee is entirely negotiable in different areas, Trott said.
Appraisal Hub
DECEMBER 11, 2024
Appraisals arent just for buyerstheyre also invaluable for sellers. A pre-listing appraisal helps sellers set a realistic price, ensuring their property doesnt sit on the market for months. These additional layers of protection give both buyers and lenders peace of mind.
Appraisal Hub
SEPTEMBER 8, 2023
One crucial step that often goes unnoticed by many prospective homeowners is the mortgage appraisal. This step is not just a formality; it plays a pivotal role in determining whether or not you get approved for a mortgage. An accurate appraisal ensures that the lender can recoup their investment.
AmeriMac
JANUARY 30, 2024
What is a Reverse Mortgage Appraisal? A reverse mortgage appraisal is an evaluation of a property’s value to determine how much money can be borrowed through a reverse mortgage. The appraisal is important because it helps lenders assess the risk associated with the reverse mortgage loan.
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