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Big changes for home appraisal process coming

Big changes for home appraisal process coming

Appraisals are no longer required for homes under $400,000. Federal regulators are poised to remove the appraisal requirement of homes during the sales process for properties that are below this threshold. The proposal increases the appraisal requirement from $250,000...
The role of an underwriter unmasked

The role of an underwriter unmasked

One of the biggest mysteries for many new homebuyers is the role of the underwriter. What do they do? It’s interesting that perhaps one of the most important functions of buying a home is the financial mechanisms that allow the real estate magic to happen. Yet, so...
How to check your credit score every year

How to check your credit score every year

If you’re like most, you probably worry a lot about your credit score. Checking your credit score is important, as it can reveal irregularities, errors or evidence of identity theft. Keeping track of your credit score is a high priority – but how often should you...