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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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Is A Cubicasa Scan an Inspection?

Cleveland Appraisal Blog

In this article, I thought I would share my thoughts on this and whether scanning a property with Cubicasa is considered to be an appraisal inspection. WHAT IS AN APPRAISAL INSPECTION? I think it’s important to understand what an appraisal inspection is. The attorney questioned my use of the word inspection. ”). .”

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Opinion: What you need to know for a successful real estate transaction

Housing Wire

The home-buying process involves numerous steps, documents and parties that you have to work with. They also help to prevent fraud and ensure that the sale is conducted legally and ethically. By having a neutral third party manage the transfer of funds and documents, the sale can be completed quickly and efficiently.

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Opinion: Do our representatives really want affordable housing?

Housing Wire

But, for many locales, there is no protection that just blanketly says, “If you’re renting or buying , then people can’t say no to you based solely on how you legally pay” (which is a simple way to define the category of “source of income”)… at least not yet. How does this impact affordability?

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Selling your home to a family member in 5 easy steps

Housing Wire

Contingencies in the agreement protect both parties if problems arise during the appraisal, inspection, or financing stages of the transaction. However, an agent can help suggest a fair market value, draw up contracts, review documents, and ensure state-required protocols are followed. Agree on contingencies.

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Preserving the American Dream

Appraisal Buzz

In 2018, Fannie Mae launched its Pre-Foreclosure Property Preservation Program, offering mortgage servicers the opportunity for Fannie Mae to handle the management of inspection and preservation activities on delinquent loans secured by vacant properties. We are exploring batching inspections. How is AI impacting the sector?

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Here’s why some lenders choose IPEN over RON

Housing Wire

Soon, we believe printing and signing hard copies of loan documents will also largely be a thing of the past. IPEN allows a signer and notary signing agent in the same location to apply the signer’s electronic signatures to digital documents. Can you imagine needing to pay for groceries using cash or checks? We can’t either.

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