Housing Wire

FEBRUARY 3, 2025

Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc.

Mortgage 417

Mortgage Valuation Lending Technology 417

Housing Wire

SEPTEMBER 19, 2024

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?

Legal 435

Legal Sellers Real Estate Inspection 435

Raleigh Realty

FEBRUARY 2, 2022

Negotiating Repairs After a Home Inspection What fixes are mandatory after a home inspection? One of those steps is the home inspection and with the home inspection, major issues can arise. A home inspection provides the buyer with a detailed report of the home’s structure, plumbing, electrical, foundation, roof, etc.

Inspection 158

Inspection Sellers Buyers Realtors 158

Housing Wire

MAY 21, 2024

Be diligent with a home inspection Since non-disclosure states lack public information on property conditions, a thorough home inspection becomes even more critical. You can request the seller disclose any known issues, and negotiate repairs or price adjustments based on the inspection’s findings.

Real Estate Agent 488

Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

AUGUST 13, 2024

In these contracts – also known as “land contracts” or “bond for deed” –the seller retains the legal title to a home until the borrower completes all the payments, leading to some “traps,” according to the CFPB. Home prices are usually inflated, inspections are not made, and loans have high interest rates and balloon payments.

Contracts 482

Contracts Mortgage Law Sellers 482

Housing Wire

APRIL 11, 2023

They also help to prevent fraud and ensure that the sale is conducted legally and ethically. In real estate, a title is a legal document that establishes ownership of a property or asset. You can obtain a title through purchase, inheritance or other legal means. What is a title in the context of real estate?

Real Estate 397

Real Estate Legal Sellers Technology 397

Housing Wire

FEBRUARY 22, 2024

Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls.

Business 435

Business Marketing Real Estate Legal 435

Housing Wire

MARCH 7, 2022

The NFT representing ownership of an LLC representing ownership of a house is 100% legally meaningless. I think a practical way forward is to maintain a dual system, where initially the traditional title deeds are deemed authoritative and NFTs are used as supplementary legal evidence,” Wilmer said. Or, how it may not.

Real Estate 501

Real Estate Law Inspection Agents 501

Housing Wire

FEBRUARY 1, 2023

Once the loan is closed, UWM claims it will handle the rest of the process by staying in direct communication with the builder on subsequent draws, as well as subsequent inspections, to confirm the project is on pace.

Construction 418

Construction Real Estate Agent Loan Officers Inspection 418

GoForrmz

FEBRUARY 17, 2025

Safety inspections, permits, and site audits require precise documentation, and missing or incomplete forms can lead to violations, project delays, or legal issues. Whether you need an electronic signature form for safety checklists, work orders, or permits, GoFormz provides an efficient, legally compliant solution.

Project Management 122

Project Management Construction Inspection Legal 122

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

Appraisal 435

Appraisal Inspection Real Estate Agent Training 435

Housing Wire

JULY 26, 2024

Contingencies in the agreement protect both parties if problems arise during the appraisal, inspection, or financing stages of the transaction. A real estate lawyer can be a valuable asset in drawing up the correct closing paperwork that protects both parties from future legal issues, potential taxes, or unexpected costs.

Market Value 459

Market Value Real Estate Agent Real Estate Finance 459

Appraisal Buzz

AUGUST 13, 2024

They are set up so that, until all payments are made by the borrower, the seller is still in possession of the home legally. A large number of deed contracts are full with catches, such as balloon payments, which greatly reduce the likelihood that the borrowers would ever obtain complete legal title to their properties.

Contracts 367

Contracts Investors Sellers Lending 367

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Inspection? What Is a Home Appraisal?

Inspection 98

Inspection Appraisal Property Appraisal Real Estate 98

Housing Wire

SEPTEMBER 17, 2024

“Everyone is adapting and coming up with business models and trying to settle in, and I think we are going to know a lot more about how this is going to really work a year from now,” said Matt Johnson, NHAR’s legal counsel. “So, So, for now, I would caution patience.”

Agents 448

Agents Sellers Buyers Realtors 448

Housing Wire

DECEMBER 6, 2024

How about that pest control service you used for your clients termite inspection? Graphics and statistics NAR.com Detailed market insights, research, and statistics from the real estate industry, legal news, marketing tips, and tools. Show how much youre in the know by being the one sharing local community events and information.

Real Estate 397

Real Estate Clients Tools Sellers 397

GoForrmz

MARCH 20, 2025

Lost documents, illegible handwriting, and outdated records can all lead to audit failures and legal consequences. Digital forms eliminate manual errors, provide instant access to historical data, and create a traceable, time-stamped record for every transaction, safety inspection, or equipment maintenance log.

Inspection 78

Inspection Technology Legal Tools 78

Appraisal Buzz

MAY 6, 2024

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket.

HOA 370

HOA Insurance Legal Fees Valuation 370

Realtor

OCTOBER 29, 2020

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. It’s rarely advisable to waive an inspection contingency. Your home inspection reports. Bring the necessary documentation to closing.

Buyers 207

Buyers Inspection Contracts Real Estate Agent 207

Birmingham Appraisal

DECEMBER 17, 2024

Tip for Agents: Double-check the property address before submitting it to the appraiser, ensuring it matches all marketing materials and legal documents. Accurate Legal Description Why It Matters: The legal description uniquely identifies the property in question, often including lot boundaries, subdivision details, and specific measurements.

Appraisal 76

Appraisal Easement Real Estate Agent Valuation 76

Housing Wire

JANUARY 27, 2023

In addition, the Department of Housing and Urban Development (HUD) will award $20 million for the Eviction Protection Grant Program to fund the provision of legal assistance by non-profit and government organizations to low-income evicted tenants or those at risk of eviction.

Tenants 435

Tenants Landlords Finance Government 435

Housing Wire

JUNE 10, 2022

In 2016, New York passed a law establishing that lenders and servicers must inspect, secure and maintain zombie properties — which are defined as vacant and abandoned homes whose owners are behind on their mortgage payments. . In 2019, then-Gov.

Law 448

Law Inspection Mortgage Finance 448

GoForrmz

JANUARY 16, 2025

Electronic signature tools allow construction businesses to speed up the signing process for contracts and other critical documents while maintaining legal compliance. Drone Technology for Site Surveys and Inspections Drone technology has rapidly evolved from a novelty to a core tool in modern construction.

Tools 78

Tools Construction Business Project Management 78

Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. In these scenarios, no inspection or appraisal of any kind is performed on the property.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370

Eppraisal

OCTOBER 26, 2021

Some are waiving appraisals and others are even offering to waive inspection contingencies. Inspection Contingencies Defined When buyers and sellers agree on all the terms of a real estate contract, it is signed and delivered to all parties. Some buyers like to have the roofs inspected by roofing companies.

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Housing Wire

DECEMBER 8, 2023

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). Includes Agency Law, Contract Law, Commissioner’s Standards, Disclosure, Fair Housing, Legal Issues & General.

Real Estate 434

Real Estate Contracts Law Real Estate Agent 434

Cleveland Appraisal Blog

JANUARY 7, 2021

In that analysis we must determine if the use of the land is legally permissible, physically possible, financially feasible and most profitable. First we must examine the zoning ordinances to see what the minimum size a lot can be, to be considered buildable, meaning suitable for building upon legally. Excess land or surplus land.

Appraisal 347

Appraisal Inspection Legal Real Estate 347

Housing Wire

JUNE 2, 2022

Even though this type of notarization has been legal nationwide, and it holds versatile advantages over other notarization methods, there haven’t been many companies providing a simple, intuitive IPEN-based product. Only 40 states have legislation in place permitting the use of RON.

Modernization 418

Modernization Design Technology Agents 418

Appraisal Buzz

APRIL 18, 2022

He was threatening me legally and physically. The trust officer and I went to the corner door (still looked like a bar) and were met by the tallest man I’ve ever seen on an appraisal inspection. I tried to leave but couldn’t with him leaning into the car. I told him to move or I would call the police.

Appraisal 413

Appraisal Business Retail Inspection 413

Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. A common issue that sellers should be prepared for is a buyer requesting repairs after the home inspection. So, what do you, as a seller, do in this scenario? To Conclude.

Inspection 78

Inspection Sellers Buyers Agents 78

Housing Wire

FEBRUARY 7, 2022

In addition to strengthening fair housing guidance for its vendors, Fannie Mae is increasing inspections of properties in majority minority areas, and “retooling” its quality control methodology. As part of the settlement, the GSE said it would, or already has, enhanced its REO maintenance and marketing activities.

Inspection 397

Inspection Design Government Real Estate 397

Boston Appraisal

OCTOBER 8, 2022

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

Appraisal 135

Appraisal Inspection Appraisal Process Valuation 135

Realvals

FEBRUARY 10, 2025

These include public records, MLS listings, and their own inspections/observations. They must: Be licensed professionals Follow strict ethical guidelines Remain unbiased and objective Use standardized methods to determine the value Appraisers gather data from various sources. They apply their expertise to interpret this data.

Appraisal 78

Appraisal Property Taxes Real Estate Market Value 78

The Appraiser Coach

FEBRUARY 22, 2022

Is it the legal prose, the professional typesetting, or the date across the top? What makes a contract a contract? I’m no lawyer, but my mentor once told me that. Read More.

Contracts 195

Contracts Legal Inspection Advertising 195

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well. This way, you will have fewer negotiations with your buyer.

Inspection 68

Inspection Sellers Advertising Home Value 68

Cleveland Appraisal Blog

MAY 27, 2021

It is important to note that if an appraiser is hired by a bank to perform an appraisal of a property, the appraiser’s client is the bank, and their legal duty is to the bank, not the borrower. When I appraise a home, I measure it, if the scope of my work involves physically inspecting the home, which it normally does.

Market Value 418

Market Value Appraisal Buyers Contracts 418

Boston Appraisal

MAY 17, 2023

The person who appraises the property, the appraiser, physically inspects the property to measure it, take pictures of it, and make note of the condition and the quality of the construction. Oftentimes, appraisers face situations where a physical inspection alone may not provide all the relevant data required.

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Inspection Appraisal Construction Valuation 148