Tag Archive for: PIW

Appraisal Waivers Are GIFTS From Fannie Mae; PIWs & PDCs; Appraisal Types

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In what is great news for every agent concerned about low appraisals - we have seen a significant increase in the number of Property Inspection Waivers (PIWs) and Property Data Collection reports (PDCs).Read More

Inspection-Based Appraisal Waivers Explained

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Both Fannie Mae and Freddie Mac are pushing their latest attempt to bypass appraisers – with what are called “inspection-based appraisal waivers” or “Value Acceptance + Property Data Collection” findings.Read More

12 Day Close With Appraisal Waiver; CHECK ADDRESS PRIOR TO OFFERS!

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We can close conforming (Fannie/Freddie) loans in 12 CALENDAR days – easily – IF we get a “Property Inspection Waiver,” aka PIW aka Appraisal Waiver. Savvy agents know this – […]Read More

Appraisal Waivers More Common Now; Here’s Why

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Prior to 2016, every mortgage required an appraisal.  That changed, however, in 2016 when Fannie Mae started to offer “Property Inspection Waivers” or “PIWs.” In 2017, both Fannie and Freddie […]Read More