Beginning on April 15th, the new Fannie Mae property valuation initiative launched throughout the United States. Essentially, this revolutionary system encompasses technology, data, and analytics. As a result, it enhances the lending process for every stakeholder, including lenders, Realtors, title agencies, attorneys, homeowners, and homebuyers.

Overall, Fannie Mae’s goal is to improve the efficiency and accuracy of the mortgage loan process. Back on March 1st, 2023, Fannie Mae formally announced the changes via their Selling Guide Announcement. The newly introduced options provide a range of new ways to establish a property’s market value, with unique options available depending on the risk.

First-time home buyers search high and low for real estate closing advice. The real estate closing process generates unfathomable stress, especially for first-time home buyers. Prospective home Buyers await news regarding appraisals, property inspections, and title searches. With so many moving pieces, it is challenging to maintain constant vigilance over the process.

Plymouth Title Guaranty Corporation seeks to mitigate that. Some key pieces of advice (and information) help ease home buyers through their first foray in the world of property ownership.