Housing Wire

NOVEMBER 1, 2021

According to Punctual Abstract, the company, which was founded in 1993, typically provides abstracts within 24 to 48 hours from the start of the title search. of the market controlled by the “Big Four” away it will need to continue to develop these assets. If the company hopes to wrestle any share of the 80.3%

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Housing Wire

MAY 5, 2021

Title automation company DataTrace has announced an integration with SoftPro , a real estate closing and title software company, which will allow SoftPro users to access over 560 title plants, nationwide tax and recorded property data, and more than 7 billion document images.

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Housing Wire

DECEMBER 5, 2022

Of the 421 respondents, 44% closed transactions in the South, 20% in the Midwest, 19% in the West, 15% in the Northeast and 1% in the U.S. Digital closings continue to evolve – What title companies need to know. They are selling, closing, searching, doing exams, and they are feeling overwhelmed and underappreciated.”.

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Housing Wire

MARCH 8, 2022

On Tuesday, Farmington, Michigan-based ATA National Title Group announced its acquisition of Absolute Title on Tuesday. The firm will be rebranded as Absolute Title Agency. The transaction closed on February 18 and the terms of the deal were not disclosed. ATA has over 60 offices nationwide and employs over 450 people.

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Housing Wire

APRIL 17, 2023

These innovations have helped — not hindered — title professionals offering the same, robust coverage and protection that homeowners have depended on for over a century. Some vendors push alternative title insurance products that are marketed as cheaper options. Strides in technology have also made closings more accessible.

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Housing Wire

MARCH 29, 2021

Qualia announced Monday a new integration with title automation company DataTrace , giving Qualia Marketplace users direct access to DataTrace products and services without leaving the platform. DataTrace provides title search and automation solutions to the title and settlement service industries.

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Housing Wire

MAY 17, 2023

When Q4 2022 data is broken down by home equity transaction type, home equity line of credits (HELOCs) accounted for 53% percent of originations, while closed-end home equity loans (HELs), also known as HELOANs, made up 47%. Tappable home equity is expected to decrease to a forecasted $18.1 trillion at the end of this year.

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HomeLight

AUGUST 20, 2021

If you’re selling a home in Connecticut, you should familiarize yourself with closing costs that sellers pay to finalize the transaction. The average closing costs for home sellers fall between 6% to 10% of the home’s sale price. Some closing costs apply to nearly every home sale. Source: (Roger Starnes Sr / Unsplash).

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Housing Wire

MAY 21, 2021

Texas-based technology company RamQuest announced its title and closing digital network — called “Closing Market” — has integrated with SearchCONNECT , an affiliate of Investors Title and National Investors Title Insurance Company , which provides search solutions in Florida, Georgia, South Carolina, Tennessee and Virginia.

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HomeLight

APRIL 20, 2023

Editor’s note: This post will help answer the question: How much are closing costs in New Jersey (NJ)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. But have you taken all possible closing costs into account? What are closing costs?

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HomeLight

APRIL 14, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Georgia (GA)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. When it comes to closing costs, the Peach State is one of the friendlier parts of the U.S. to purchase a home in.

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Housing Wire

AUGUST 6, 2021

Interest rates were at an all-time low last year, which is why the housing market saw such a spike. So while you might eventually save money from refinancing, you’ll also spend money on closing costs. There’s also a chance your lender will require another title search and title insurance, which would add to your costs.

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Housing Wire

JUNE 24, 2021

Closing Complex Loans Faster With a Digitized Client Workflow. Join this webinar for a discussion on changes in market demographics, suppliers and how focusing on customer experience and taking a few simple steps during the mortgage loan process can close deals 3x faster. Wohlford started his career as a county deputy assessor.

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Housing Wire

MARCH 4, 2021

“With their industry-leading notary panel and technology platform, Signature Closers is the perfect addition to our digital capabilities, advancing our strategic vision of accelerating, securing, and simplifying the title and closing process for our customers,” said Stewart CEO Fred Eppinger. Streamline by combining services.

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Housing Wire

APRIL 1, 2021

Qualia, a digital real estate closing platform, brings all of these parties together onto one secure platform to deliver a best-in-class home buying and selling experience. Qualia’s suite of products make home closings more transparent, efficient, and secure. Joel Gottsegen, Co-founder. Nate Baker, CEO.

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Housing Wire

JANUARY 19, 2023

After years of historic growth, the housing market is beginning to normalize. While some are using the current market uncertainty as an opportunity to promote products that offer less protection under the illusion of saving consumers money, now is not the time to start embracing shortcuts to well-established processes and products.

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HomeLight

NOVEMBER 10, 2021

When you sell your house without the help of a real estate agent, you’ll save money on commission fees but won’t escape closing costs entirely. The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission. Seller FSBO closing costs.

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HomeLight

APRIL 20, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Pennsylvania (PA)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. While some fees are only a few hundred dollars, the final closing costs can run into the thousands.

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HomeLight

APRIL 13, 2023

You successfully negotiated an affordable price for a Nebraska home and are ready for closing. But did you remember to add closing costs? So, how much are closing costs in Nebraska? Find a Buyer's Agent What are closing costs? We’ll provide some example closing costs in a minute to illustrate how this all plays out.

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HomeLight

JULY 31, 2020

Closing on a house seems pretty straightforward. Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two.

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Housing Wire

APRIL 10, 2023

Peter Richter: The concept of “instant title” means delivering a title commitment “instantly” upon ordering title insurance. Unfortunately, that “instant” title commitment itself does not inherently equate to a faster close, as my colleague Matt Regan outlined in his recent article.

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Housing Wire

APRIL 1, 2021

In today’s low interest rate, high-volume market, lenders need a way to manage their mortgage volume while providing a consistent, high-quality customer experience. ServiceLink’s EXOS Title engine automates the title search, pulling available land records data together to create a complete property profile.

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Housing Wire

OCTOBER 29, 2021

Today, borrowers expect to close fast. A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. HousingWire: How did the title business adapt to unique conditions caused by the pandemic, the growth of the remote workforce and low interest rates?

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HomeLight

NOVEMBER 9, 2021

Closing costs are assumed to be part of doing business in real estate, but do cash buyers pay closing costs? Yes, you can expect charges for attorney hours, taxes, plus title and recording fees to still apply, though the use of cash can greatly reduce a buyer’s closing costs with the elimination of mortgage fees.

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HomeLight

JANUARY 12, 2022

How long does closing take from here? But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Average time to close.

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Redfin

MARCH 3, 2022

Once your offer has been accepted, the excitement kicks in, and the countdown to closing begins. But before you can get your keys, you’ll want to be cautious of any roadblocks or setbacks that could cause a delayed closing and postpone your move-in date. So how can you avoid a delayed closing? What does delayed closing mean?

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Realty Biz

FEBRUARY 19, 2024

Can you imagine buying a lot only to discover it has crept too close to the neighboring lot line? That could include personal use, but if you’re buying it as an investment, get clear on your exit and marketing strategies. I knew exactly what they’d be used for and by whom, and I targeted those people in my marketing.

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Housing Wire

OCTOBER 13, 2022

Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. We haven’t seen any real data based on the conversation that it is going to save money.

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Housing Wire

APRIL 6, 2021

Linda had a sizable downpayment but still needed to find a way to close the appraisal gap. The gap between appraisal and what buyers are willing to pay in one of the wildest real estate markets in modern history has created friction between agents, lenders and appraisers working under stressful conditions. Presented by: Altisource. “I

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Housing Wire

MARCH 28, 2024

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. When asked why it takes an average of six to seven weeks to get to closing , there are a lot of complex (and honest) answers. But there’s also room for improvement.

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Realty Biz

JANUARY 9, 2024

Research the Local Market Before listing your home, it's crucial to research the local real estate market. Understand the current market conditions, including recent sales, average time on the market, and pricing trends. For example, the market has recently shifted in some areas of the country.

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Housing Wire

MARCH 27, 2023

This is because title insurance provides the most comprehensive protection of property rights. For a one-time fee paid at closing, title insurance protects homeowners and lenders from defects not only discoverable in public records search but also from unknown risks such as fraud and forgery that are not revealed in a title search.

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Realtor.com

NOVEMBER 15, 2022

This means navigating the highs and lows of the real estate market and strategizing ways to improve the terms of the deal on the table. Seller concessions occur when a seller agrees to cover the cost of things the buyer usually pays for, such as closing costs , title searches, property appraisals, and other fees.

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Housing Wire

MARCH 26, 2021

“The organic growth that Proper Title has been able to achieve in one of the most competitive markets in the country is proof that this company does it differently and better, and this is what attracted me to this opportunity,” Hoffman said. How hybrid title and valuations help increase lending efficiency.

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Housing Wire

FEBRUARY 10, 2022

2020 and 2021 were two of the best, as well as most challenging years in the title industry as a whole given tremendous changes in the market historically low rates and an ongoing impact and uncertainty caused by COVID,” Stewart chief executive officer Fred Eppinger said during the company’s fourth quarter earnings call on Thursday.

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HomeLight

NOVEMBER 1, 2021

This means understanding which fees you’ll be responsible for when the sale closes. To better understand which closing costs are applicable to home sellers in Kentucky, we talked to Maggie Terry, a real estate agent for Keller Williams Realty in Louisville East. What are closing costs? Kentucky seller closing cost overview.

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RIS Media

APRIL 8, 2022

Homes that are listed as pending or sold are officially off the market. . Other factors can also put a home back on the market. Something can come up (such as an unanswered financial obligation or a significant purchase before the closing that changes the debt-to-income ratio) and put a home back. . These include; .

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