Housing Wire

OCTOBER 5, 2023

The home equity products involved include home equity lines of credit (HELOCs), closed-end second mortgages (CESs) and shared-equity contracts. The recent Saluda Grade-sponsored rated offering represents the sixth securitization deal since 2021 backed fully by shared-equity contracts — valued in total at some $1.3

Housing Market 446

Housing Market Marketing Contracts Finance 446

Appraisal Buzz

AUGUST 16, 2021

In other words, why are appraiser estimating market value below the contract price so often? The definition of market value is consistent with the top of the curve, whereas in the environment of multiple offers, the actual contract price will be represented by the offer which is the statistical outlier. Think in terms of insurance.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian’s innovative platform walks the borrower through the closing process step-by-step, from contract to keys.

Tools 367

Tools Sellers Technology Loan Officers 367

Housing Wire

DECEMBER 21, 2020

Dollerschell has more than 10 years of experience with the association and this year transitioned all of its live events to its interactive online event platform. She ensured the association continued to provide networking and educational opportunities to the title insurance industry within the new platform.

Insurance 267

Insurance Government Advertising Legal 267

Housing Wire

DECEMBER 6, 2023

This might consist of concrete steps to take in the event of: Financial difficulties. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services. Natural disasters. Legal disputes. Public relations crises. Even better?

Real Estate 434

Real Estate Legal Tenants Clients 434

Housing Wire

DECEMBER 8, 2023

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

Real Estate 415

Real Estate Contracts Law Real Estate Agent 415

Housing Wire

DECEMBER 9, 2024

In Florida and Texas, we see the rising costs of insurance , taxes and climate risk driving some sellers. This is the median price of the homes going under contract each week. You can register for this transformative event using the link below. However, in most of the country, we have no growth from the seller side.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Appraisal Buzz

JULY 5, 2024

The main national trade organization for commercial, home, and auto insurers, The American Property Casualty Insurance Association (APCIA), and Verisk released a statement today regarding the insurance industry’s projected $21.1 A key indicator of insurer profitability, the combined ratio scarcely moved from 102.4

Insurance 195

Insurance Supply Chain Contracts Investing 195

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Lenders began to define the “trust model” of standards, contracts and shared services necessary to achieve cross industry interoperability.

Supply Chain 367

Supply Chain Real Estate Architecture Brokerage 367

Appraisal Buzz

DECEMBER 11, 2024

By streamlining field operations and actively collaborating with investors and insurers to refine completion timelines and inspection requirements, Safeguard continues to drive operational efficiency while aligning closely with stakeholder expectations. Unfortunately, this drives preservation costs higher.

Inspection 311

Inspection Technology Insurance Training 311

Empire Appraisal Group

JUNE 24, 2021

Insurer Growing as 3 Private Insurers Cancel Policies. Insurer Growing as 3 Private Insurers Cancel Policies | Florida Realtors. As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be renewed.

Insurance 78

Insurance Legal Agents Contracts 78

Housing Wire

OCTOBER 13, 2022

There are many economic variables that can yet affect the future course of events in the industry, for better or worse, including Capasse’s dire projections for the IMB market. Emblematic of the excesses that took place, in 1987 the FSLIC [the now-defunct Federal Savings and Loan Insurance Corp.]

Marketing 370

Marketing Mortgage Buyers Sellers 370

Housing Wire

APRIL 14, 2022

Cutting another $35 billion from the Fed’s monthly MBS purchase tally will create a significant amount of new supply in the market and likely further increase pressure on interest rates, which could be amplified by other potential world events, explained Lawrence Yun, chief economist for the National Association of Realtors.

Marketing 434

Marketing Investors Government Investing 434

Appraisal Buzz

JUNE 21, 2024

elementor-widget-text-editor.elementor-drop-cap-letter{display:inline-block} An upcoming event in the Five Star Institute Webinar Series, set for Thursday, June 27 at 1:00 p.m. He is additionally responsible for the REO portfolio and the associated contract. elementor – v3.22.0 – 17-06-2024 */.elementor-widget-text-editor.elementor-drop-cap-view-stacked.elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed.el

Law 195

Law Property Management Legal Technology 195

Miller Samuel

MARCH 19, 2019

If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry. January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract).

Real Estate 370

Real Estate Law Development Investors 370

Movoto

APRIL 8, 2024

This is a legally binding agreement between the buyer and seller that helps ensure the sale will be completed according to the contract’s outlined conditions. Real estate purchase contracts come into play to protect both parties and move the sale forward, helping prevent either party from wasting the other’s time and money.

Contracts 36

Contracts Real Estate Property Taxes Inspection 36

The Robert Weiler Company

APRIL 15, 2022

A more established company might choose a commercial space to lease because the contract offers more security over the long term. A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. Indemnity and Insurance. What does it mean to rent commercial space? Damage to Premises.

Tenants 144

Tenants Landlords Property Taxes Real Estate 144

Appraisal Today

JULY 14, 2023

Most, including Bill Gates’ mansion is across Lake Washington from Seattle. == Three Dangerous Insurance Mistakes Appraisers Should Avoid by Isaac Peck, Senior Broker at www.OREP.org 1. Appraiser E&O insurance is written on a “Claims Made” basis. I still hear from appraisers who let their insurance lapse.

Tools 78

Tools Appraisal Insurance Contracts 78

Raleigh Realty

AUGUST 20, 2022

Hidden Costs when Purchasing a Home There are hidden costs when buying a home, including closing costs, insurance, or utility costs. On the flip side, if you cannot obtain a mortgage or decide to walk away from the deal, you may lose that deposit, depending on how your contract is worded.

Property Taxes 78

Property Taxes Real Estate Agent Insurance Real Estate 78

Appraisal Today

MAY 10, 2024

The clarifications were made to long-standing policies in our Guides intended to ensure the borrower has sufficient property insurance coverage in the event of a loss, and the February announcements did not change these policies. If buyers cannot get insurance or it is very expensive, it will affect value.

Reconsideration of Value 75

Reconsideration of Value Appraisal Real Estate Insurance 75

Lamacchia Realty

JULY 24, 2023

Additionally, the state is no stranger to hurricanes, and it’s crucial to be prepared and have a plan, along with home insurance , in the event of severe weather. Reviewing your insurance coverage and understanding the options available for retirees is important.

Transportation 69

Transportation Legal Law Insurance 69

Raleigh Realty

AUGUST 10, 2021

In the event that a person living with Alzheimer’s can no longer be provided the care that they need within their own home, there are a number of housing options available to them within the local community. Social Security Disability Insurance (SSDI) - Provides workers younger than 65 with Social Security Disability.

Insurance 78

Insurance Real Estate Government Real Estate Agent 78

Lamacchia Realty

JULY 29, 2024

Some owners have experienced difficulty with rising insurance premiums or condo regulations and assessments. In South Florida, the impact is compounded by rapidly escalating insurance premiums and increased condo association fees. Pending Home Sales (contracts accepted) Pending home sales in South Florida decreased by 8.4%

Sellers 65

Sellers Buyers Insurance Inventory 65

Hank Miller Team

OCTOBER 1, 2021

Simply put, a backup offer is an accepted offer that immediately becomes primary in the event the current accepted offer fails. Once initialed by all parties it’s added to the contract and the waiting process begins. Remember - this is a legal, binding contract once accepted. What is a Backup Offer?

Sellers 52

Sellers Contracts Buyers New Listings 52

Appraisal Today

JULY 26, 2024

Climate change is largely responsible for the uptick in events, says Anne Cope, who studies tornadoes and is the chief engineer for the nonprofit Insurance Institute for Business & Home Safety. Not surprisingly, they are among the states with the highest insurance premiums in the country. percent from 6.87 percent from 7.07

Appraisal 83

Appraisal Valuation Reconsideration of Value Contracts 83

Empire Appraisal Group

OCTOBER 17, 2024

Not reviewing homeowners’ insurance coverage It’s important to determine how much homeowners insurance you need for your unique circumstance. Renovations or upgrades could impact your insurance coverage limits and might not be covered by your existing policy. Request a portfolio documenting the professional’s previous projects.

Renovations 78

Renovations Inspection Tools Insurance 78

Appraisal Today

MARCH 22, 2024

Cybersecurity Tips – The fraud event listed in the January Fraud Alert was uncovered when one of the two appraisers whose credentials had been forged, was contacted about an appraisal they had not performed. It can impact home values, insurance costs, and the overall stability of a housing market.” “The percent from 6.84

Appraisal 67

Appraisal Contracts Business Insurance 67

Listing Spark

APRIL 2, 2021

When reviewing the standard residential contract (called a 1-4 residential contract) plus numerous addendums, it can be difficult to unpack who pays for closing costs in Texas. In the event there is not an existing survey, the contract can be negotiated to dictate who pays for that. Cost ranges from $500-$700.

HOA 36

HOA Sellers Insurance Contracts 36

Listing Spark

APRIL 2, 2021

When reviewing the standard residential contract (called a 1-4 residential contract) plus numerous addendums, it can be difficult to unpack who pays for closing costs in Texas. Endorsements: Endorsements are expanded coverage with a title insurance policy to tailor the coverage to the specific needs of the transaction.

HOA 36

HOA Sellers Insurance Contracts 36

Birmingham Appraisal

JUNE 11, 2024

Smooth Transactions: An accurate appraisal helps ensure that when your home goes under contract, its value won’t become a stumbling block in the sales transaction. How it helps: Accurate Pricing: By obtaining an appraisal before listing, you can set a realistic and competitive price for your home.

Appraisal 86

Appraisal Property Taxes Valuation Real Estate 86

Quicken Loans

JUNE 7, 2021

Limited POA, as its name suggests, is only for specific events or time periods. With a durable power of attorney, your agent (the person to whom you gave your power of attorney) can still sign a contract on your behalf even though you’re incapacitated. This power of attorney might only kick in if a specific event takes place.

Legal 60

Legal Agents Contracts Design 60

Appraisal Today

OCTOBER 25, 2024

OPTION #3: Contact your E and O insurer for advice and guidance To read the full article, with an excellent “real life” case study, more liability topics, plus 2+ years of previous issues, subscribe to the paid Appraisal Today. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.29

Appraisal 77

Appraisal Contracts Real Estate Mortgage 77

Movoto

MARCH 29, 2024

Rent, utilities, groceries, insurance, and minimum debt payments should comprise approximately half of your expenses. Cutting Costs Beyond Rent Once you’ve locked into a rental agreement or lease, you should expect to pay the same amount every month for the duration of the contract. Shop around for insurance. Move-in deals.

Insurance 36

Insurance Transportation Landlords Tenants 36

PennyMac

AUGUST 31, 2024

The price is formally documented in the purchase agreement, a legally binding contract that outlines the terms of the transaction. Title Search and Title Insurance A title company helps ensure that all real estate transaction components are legal and problem-free.

Inspection 36

Inspection Real Estate Agent Sellers Legal 36

Will Springer Realtor

APRIL 10, 2024

INSURANCE FOLLOW-UP The top item in last month’s newsletter struck a chord with readers. Insurance companies may argue, however, that the costs are simply increasing along with home values. in homeowners insurance premiums for every $1000 of their home’s value in 2022. Register to attend this free event. Tea Party, Apr.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Quicken Loans

MAY 18, 2021

And then there’s mortgage protection insurance , which pays out in the event that the mortgage is not paid off at the time of death. In situations where the loan contract includes a due-on-sale clause , immediate repayment might be the only choice you have if you want to inherit the home without occupying it.

Landlords 55

Landlords Decorating Market Value Mortgage 55

Quicken Loans

JANUARY 11, 2022

In other words, if you’re eligible to receive one of these government-backed loans, you’ll enjoy access to a plethora of helpful benefits such as lower monthly payments and the opportunity to avoid mortgage insurance. Note that the VA itself does not actually offer loan products. VA Loan Limits. Closing on your new property.

Insurance 44

Insurance Finance Design Mortgage 44