…g, or substantially improving any qualified residence of the taxpayer. For example, if the home equity loan is used to build an addition on an existing home, the interest is typically deductible. But, if the same loan was used to pay personal living expenses, such as credit card debts or purchasing a vehicle, it is not deductible. See our visual breakdown on how the home equity tax deduction works. Despite initial concerns, the avenues for a prope…
Read moreNotary Quality Assurance – Why the Pre & Post Close Review is Imperative
August 23, 2018
…as noted in the first part of this series. The pre-close review includes a comparison of names on the mortgage or deed of trust to the title product – usually a property report but can also be a commitment. But along with covering the basics and ensuring accuracy, it’s imperative for the Signing Coordinator to understand each state’s unique requirements—a critical step in avoiding delays in the closing process and one that requires specialized exp…
Read moreRemote Video Notary Services – Tales of the Borrower Experience
September 10, 2018
…ng a deal or delaying revenue. Deliver the Best Borrower Experience In the competitive real estate lending environment, it is important to provide the best possible borrower experience. NotaryWorks is a user-friendly, transformative solution that addresses lender e-closing needs and goes above and beyond other solutions to ensure a high-quality, efficient closing that delights the borrower. Through the Knowledge Based Authentication (KBA) process,…
Read moreChief Appraiser Michele Golden Shares Insights on PahRooZings: Appraisers on Purpose podcast
August 30, 2023
…pproved service providers. AppraisalWorks provides a neutral SaaS platform to lenders and servicers, enabling them to build a vendor panel of AMCs, appraisers, or both, and use the system to manage all appraisal orders across all providers from a single technology platform, complete with intelligent reporting and dashboards. To learn more, contact hello@appraisalworks.com. And if you are thinking about implementing appraisal modernization, check o…
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