Appraisal waivers let qualified buyers skip traditional home appraisals, saving time and money. While convenient, waivers rely on automated data, making them ideal only for low-risk loans. Understanding why appraisals…
If you’ve ever browsed a real estate listing site and stumbled upon your dream home, only to see the dreaded word “pending” next to it, you’re not alone. Pending status…
A title search ensures a property has clear ownership before closing, protecting both buyer and lender. The steps involved in issuing title insurance include initiating a public records search, identifying…
When buying a home, getting approved for a mortgage is one of the biggest milestones. But between preapproval and final loan approval lies a lesser-known, yet critically important step: conditional…