Changes in the Mortgage Market Since COVID-19 It's been difficult to adjust to a new normal during the past few weeks. With most residents being asked to stay at home, there are many who have recently lost their jobs or been asked to work remotely. The mortgage industry has also taken a big hit that has directly affected homeowners, renters, and investors alike.
There are many who are in the final stages of closing on their homes, and the current pandemic has made it difficult to efficiently move forward with the process. To help, desktop and exterior only appraisals are being accepted as long as there is sufficient property information available online. Potential borrowers can also now submit their verification of employment via email, paystub, or bank statement to help streamline the process.
Significant changes have been made during the recent outbreak of COVID-19 to help homeowners get through this trying time. Those who have lost their jobs may be eligible for reduced or suspe. ...

Preparing Your Home for a Virtual Tour
Technology is helpful in so many areas of life, even real estate. Twenty years ago, if someone were moving across the country, they'd have to wait to buy a house until they arrived to start their new life, or they’d have to buy a home without seeing it in person beforehand. Both options would cause extra unwanted stress on top of moving to an unfamiliar place. Luckily, with the rise of technology, virtual tours are here to save the day! When it comes to creating a virtual tour, don't panic. Your real estate agent will be there to guide you through the entire process. An agent may help to schedule a videographer to come to your house, or utilize software like Tour Wizard or My360 to create a virtual tour of their own that can be added to the listing. Real Estate Agents can also use FaceTime or other apps to give their customers a tour of a house that doesn't include a virtual tour of the listing.
There are a few ways to prepare your home . ...