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All About Foreclosures: Moratoriums, Forbearance, and Occupancy Verification Inspections

Posted by TrendSource on 8/27/21 10:25 AM

With the foreclosure moratorium having already expired on July 31, 2021, and the deadline to apply for foreclosure forbearance rapidly approaching on September 30, 2021, many homeowners are about to face what the Washington Post calls a “tsunami of debt.”

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Topics: OnSite Inspections, OSI, COVID-19, Occupancy Verification, Lending Institutions

Inflation and Interest Rates, Mortgage Brokers and OnSite Inspections

Posted by TrendSource on 5/21/21 8:56 AM

In our market research blog this week, we wrote about inflation hitting grocery aisles as costs for raw materials and production steadily increase. But household and consumer goods aren’t the only markets seeing inflation, it’s also an increasingly common concern within the housing market. 

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Topics: OnSite Inspections, Consumer Reporting, Lending Institutions, Virtual OnSite Inspections, Order Online

Home Sales Will Soon Spike and Refinancing Will Continue; TrendSource OnSite Inspections’ Property Condition Reports Can Help

Posted by TrendSource on 3/17/21 10:15 AM

Let’s talk about the housing market for a minute--it’s a seller’s world out there right now. Said simply, there are more buyers than there are homes for sale. Some of this is merely a continuation of a trend we’ve been on since the last recession: With low interest rates and a rebounding economy propelling a new generation towards home ownership, there simply aren’t enough houses on the market. 

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Topics: OnSite Inspections, OSI, Lending Institutions, Property Condition Report

Who Needs Property Condition Reports, When, and Why? TrendSource OSI has Answers

Posted by TrendSource on 2/11/21 1:00 PM

TrendSource OnSite Inspections offers a wide range of Property Condition Reports to assist lending institutions evaluate properties when considering an application for refinance. Ok, but what does all of that mean? What are Property Condition Reports? Who needs them, when, and why? TrendSource OnSite Inspections has answers…

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Topics: OnSite Inspections, OSI, Lending Institutions, Property Condition Report

What are Occupancy Verification Inspections, Who Needs Them, and Why

Posted by TrendSource on 2/4/21 4:29 PM

Lending institutions often find they need boots on the ground and eyes in the field in order to verify a property’s occupancy. Indeed, when underwriting a loan or foreclosing a property, lenders must find locally available, third-party Inspectors to perform Occupancy Verification Inspections on their behalf.

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Topics: OnSite Inspections, Occupancy Verification, Lending Institutions

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