Easily Replace Field Validation from the Property Inspection Report

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How to Replace Field Validation from the Property Inspection Report

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requesting repairs after the home inspection approaching it from the buyers perspective im craig power with power realty advisors serving greater boston in the south shore this is a tricky topic for buyers in a real estate market where all the leverage is on the sellers side and as the buyer these days people feel like you know can i even make requests im so at the mercy of the seller uh you see all these memes online of listing agents just sleepwalking through an open house and cashing big checks you know thats how lopsided the market is but im here to tell you you absolutely can request repairs or credits after the home inspection and as a matter of fact it might be the best leverage youll have at any point in the transaction even in a sellers market like this i assure you the owner of the home doesnt want to have to put it back on the market it doesnt look good to put a house back on the market post inspection doesnt look good optically uh because a prospective buyer imme

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What is a property data report Freddie Mac?

ACE+ PDR is a new offering that allows lenders to originate cash-out and certain no cash-out refinance loans without an appraisal. With ACE+ PDR, additional property information is physically collected on-site by trained data collectors using the proprietary Freddie Mac PDR dataset, in lieu of an appraisal.

What is a PDR report?

A performance development review, also known as a personal development review, or PDR, is a formal process scheduled to take place as infrequently as once a year or as frequently as once a month. PDRs provide a helpful and documented snapshot in time about how well an employee is doing.

What is the purpose of Freddie Mac?

Freddie Mac was chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing. Our statutory mission is to provide liquidity, stability and affordability to the U.S. housing market.

What is a Freddie Mac property data report?

ACE+ PDR is a new offering that allows lenders to originate cash-out and certain no cash-out refinance loans without an appraisal. With ACE+ PDR, additional property information is physically collected on-site by trained data collectors using the proprietary Freddie Mac PDR dataset, in lieu of an appraisal.

What is the last article inspection report?

What Is Last Article Inspection? Last article inspection is the process of taking precise measurements of parts coming off the line at the end of production. These undergo comparison with the FAI reports for consistency.

What is the Freddie Mac summary?

Freddie Mac is a government-sponsored enterprise or GSE, created by the federal government to ensure access to home mortgage credit. Freddie Mac has a statutory mission to provide liquidity, stability, and affordability to the U.S. housing market. Freddie Mac does not make loans directly to homebuyers.

What is property data report?

A property report provides financial and home improvement records and details, along with neighborhood and community data. It does not necessarily include details of the homes condition.

Does Fannie Mae require termite inspection?

Fannie Mae does not require a termite inspection unless the appraiser notes the presence of wood boring insects, spokesman Andrew Wilson said. Freddie Macs inspection requirements are the same as Fannie Maes, a Freddie Mac spokesperson said.

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