Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? Lets dive in!

Real Estate 397

Real Estate Clients Tools Sellers 397

Housing Wire

MAY 21, 2024

Without sales figures, it’s difficult to access comparable sales, and home buyers may find it challenging to gauge the fair market value of a property. Buyers should focus on other factors when estimating a property’s value , such as location, condition of the home, local amenities, and current market trends.

Real Estate Agent 488

Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

SEPTEMBER 19, 2024

Source of income” discrimination does have to do with the rental market (here is the latest HUD map with “source of income” protections). I thought “source of income” discrimination had to do with rental properties like “section 8” (or what’s officially called the Housing Choice Voucher Program). Yes, you are right. It is both.

Legal 435

Legal Sellers Real Estate Inspection 435

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

JULY 26, 2024

However, an off-market transaction between family members requires careful planning and transparent communication to avoid misunderstandings and ensure a seamless process. Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction.

Market Value 459

Market Value Real Estate Agent Real Estate Finance 459

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

FEBRUARY 1, 2023

It also has one interest rate with an automatic modification if the market improves once construction is complete, along with one down payment, one full credit report to order and one approval, according to the firm. This type of loan only has one set of closing costs to pay, reducing the borrower’s overall fees.

Construction 418

Construction Real Estate Agent Loan Officers Inspection 418

Housing Wire

APRIL 11, 2023

They also help to prevent fraud and ensure that the sale is conducted legally and ethically. This is especially important in today’s fast-paced real estate market, where time is of the essence. In real estate, a title is a legal document that establishes ownership of a property or asset. What is the role of an escrow company?

Real Estate 397

Real Estate Legal Sellers Technology 397

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

MARCH 7, 2022

The creation of the NFT real estate market thrusts a spotlight onto a Silicon Valley company specifically throwing itself into real estate, blockchain and NFTs. It’s a great marketing tool for the right type of listing. The NFT representing ownership of an LLC representing ownership of a house is 100% legally meaningless.

Real Estate 501

Real Estate Law Inspection Agents 501

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

Appraisal Buzz

MAY 6, 2024

In some markets, the answer is increasingly yes. In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. 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

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. According to the CFPB, Black, Hispanic, immigrant, and religious communities are frequently the target market for these products. These disclosures include the annual percentage rate and payment schedules.

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

Birmingham Appraisal

DECEMBER 17, 2024

We discussed numerous topics including the key differences between appraisals and comparative market analyses (CMAs), what factors influence property value, and how renovations can impact your home’s worth, among other things. Tip for Agents: Provide the legal description directly from the deed or title report to ensure accuracy.

Appraisal 76

Appraisal Easement Real Estate Agent Valuation 76

Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. If a homeowner hires the appraiser to appraise a home, the appraiser’s legal duty is to the homeowner, since they are the ones who hired the appraiser. . MARKET TRENDS.

Market Value 418

Market Value Appraisal Buyers Contracts 418

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. Navigating appraisal challenges in today’s housing market. Appraiser shortage.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370

Housing Wire

JANUARY 27, 2023

The focus will also be put on the multifamily market. Fannie Mae provided more than $69 billion in debt financing to support the multifamily market last year. The FHFA will also require half of all Freddie Mac and Fannie Mae multifamily purchase loans in 2023 to be “mission-driven.”

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. The post Haunted by zombie properties, Ocwen settles lawsuits appeared first on HousingWire.

Law 448

Law Inspection Mortgage Finance 448

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

Housing Wire

JUNE 2, 2022

IPEN enables eClosings with enhanced security, compliance and accessibility for all parties involved and depending on the vendor, can be more quickly implemented than other solutions available in the market. How are current market conditions necessitating flexible and convenient solutions like EscrowTab?

Modernization 418

Modernization Design Technology Agents 418

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

GoForrmz

JANUARY 16, 2025

Stay competitive in 2025 with essential digital tools for construction businesses The construction industry is projected to reach a global market value of $14.4 Electronic signature tools allow construction businesses to speed up the signing process for contracts and other critical documents while maintaining legal compliance.

Tools 78

Tools Construction Business Project Management 78

Realvals

FEBRUARY 10, 2025

These comparables or “comps” help determine the home’s value in the current market. This figure represents the property’s fair market value. These include public records, MLS listings, and their own inspections/observations. We take photos and measurements. Home appraisals are not part of public records.

Appraisal 78

Appraisal Property Taxes Real Estate Market Value 78

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

Housing Wire

FEBRUARY 7, 2022

As part of the settlement, the GSE said it would, or already has, enhanced its REO maintenance and marketing activities. 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.

Inspection 397

Inspection Design Government Real Estate 397

Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. When a house comes on the market, buyers flock to it. Inspection contingencies are in place to protect buyers.

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value. Is there merit to these claims?

Market Value 354

Market Value Appraisal Agents Real Estate Agent 354

Housing Wire

APRIL 27, 2023

Another larger player in the space, Progress Residential , recently postponed a securitization transaction due to difficult market conditions. And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal.

Renovations 395

Renovations Investing Real Estate Marketing 395

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

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

Boston Appraisal

MAY 17, 2023

The process of determining a property’s market value is called a real estate appraisal. 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.

Inspection 148

Inspection Appraisal Construction Valuation 148

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

AUGUST 11, 2022

Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property.

Renovations 221

Renovations Buyers Appraisal Investing 221

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

Lamacchia Realty

MARCH 19, 2025

Pricing, repairs, disclosures, and marketing all affect the process. Assess the Damage and Get Repair Estimates A home inspection will help you understand the extent of the damage. Once the inspection is complete, get estimates for repairs. Be honest about hurricane damage to avoid legal issues later.

Transportation 38

Transportation Logistics Inspection Real Estate Agent 38

Birmingham Appraisal

FEBRUARY 11, 2025

Incorrect classifications: A space that doesnt meet legal requirements for a finished living area (e.g., The Impact of Square Footage Discrepancies Home Pricing For real estate agents, accurate square footage is crucial when conducting a Comparative Market Analysis (CMA).

Appraisal 68

Appraisal Real Estate Agent Real Estate Agents 68