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Is the New Buyer’s Agent Commission Ruling Reshaping Real Estate?
In a groundbreaking shift that’s turning heads across the real estate industry, the National Association of Realtors (NAR) has announced a major overhaul in how buyer’s agent commissions will be handled. This change comes after a court settlement …
Published on: Apr 08, 2024 Unleashing the Power of AI in Real Estate: A Guide to Staying Ahead
Artificial Intelligence (AI) has become a transformative force in various industries, and real estate is no exception. With AI’s entry into this field, we’re witnessing not just an enhancement of operational efficiency and productivity but a complete overhaul …
Published on: Mar 19, 2024 Updated on: Apr 04, 2024 The Cost of Mortgage Payoff Fraud and How to Protect Your Business
With the alarming rise in mortgage payoff fraud, the real estate industry is under increased threat. Fraudsters now skillfully trick real estate professionals into redirecting mortgage payoffs to their accounts. The consequences are dire. Ranging from significant financial …
Published on: Mar 14, 2024 Updated on: May 09, 2024 The Pitfalls of Manual Condo Reviews: A Comprehensive Analysis
Condo reviews are no walk in the park. Ensuring regulatory compliance and making sound lending decisions require extensive and careful analysis. That analysis, however, involves figuring out legal and financial information, like the HOA’s health, and dealing with …
Published on: Feb 29, 2024 Condo Documents: A Quick Guide for Property Managers
Condominium living is a popular choice for many because of the convenience, amenities, and community it offers. But every condo comes with its condo association (COA) and condo documents. As property managers know, dealing with all the COA …
Published on: Feb 26, 2024 Condo Fees vs HOA Fees: Understanding the Difference
What’s more tedious than dealing with an HOA? Nothing, right? Well, imagine that instead of dealing with an HOA association managing 10 houses on the block, you have to deal with a COA or Condo Owners Association that …
Published on: Jan 18, 2024 Updated on: Feb 29, 2024 What Is Mortgage Payoff and How Does It Affect Your Closing?
Ensuring a quick and consistent closing for clients is key for title and escrow companies that want to remain competitive in the changing market of real estate. However, the various tasks in the closing process, such as gathering …
Published on: Jan 04, 2024 Updated on: Mar 14, 2024 Automating Documents Acquisition for Condo Project Approvals: What You Are Missing
Condo project approvals evaluate a condominium project’s financial stability and viability, and compliance with certain regulations and standards. Lenders must obtain HOA documents to evaluate the condo and finalize the project approval. The process involves a detailed review …
Published on: May 05, 2023 Updated on: Mar 19, 2024 Rexera (fka InspectHOA) Launches Condo Project Review for Lenders
A brand new solution for HOA Documents Acquisition and Condo Project Review empowers lenders to save time and serve their customers more efficiently and timely. Rexera (fka InspectHOA) has launched Condo Project Review, an innovative new addition to …
Published on: Nov 29, 2022 Updated on: Jul 05, 2024 Navigating Condo Project Reviews for Lenders
Condo project reviews have always been an issue for lenders. The problem is that condo reviews do not really fit into the loan underwriting cycle. The review is only needed for a fraction of properties (about 7-8 per …
Published on: Nov 21, 2022 Updated on: Jul 05, 2024 Rexera in the News
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