Allows property inspection waiver on some low LTV loans Fannie Mae is now following suit in the appraisal-free arena by allowing property waiver inspections on some purchase loans. Last week, Freddie Mac extended its appraisal-free mortgage program to its purchase loans, announcing it will go into effect on September 1, 2017. Shortly afterward, Fannie issued its announcement: Property Inspection Waivers will be allowed on mortgages with low loan-to-value ratios. The GSE expla

The Graduate, REALTOR® Institute (GRI) symbol is the mark of a real estate professional who has made the commitment to provide a high level of professional services by securing a strong educational foundation. Buying property is a complex and stressful task. In fact, it's often the biggest single investment you will make in your lifetime. At the same time, real estate transactions have become increasingly complicated. New technology, laws, procedures and the increasing sophis

For-sale-by-owners tend to sell their homes for lower prices than homes sold through traditional agents via the MLS, and in many cases below the average differential represented by the prevailing commission rate, according to a new study by Collateral Analytics. The study examined the price differences between homes sold through traditional agents versus those sold by FSBOs from 2016 to the first half of 2017. Some homeowners may be tempted to try to avoid commission costs to