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Eliminating Stringent Contingencies: How to Make a Contingent Offer Stronger

HomeLight

Review the detailed settlement document provided by the closing attorney and you’ll see a line item for a property title search. If a title search reveals any claims to or liens against the property, the transaction will be delayed until it can be resolved. Zoning and land use contingencies.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”. Put a voice to a name.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. An established chain of title helps protect the buyer from future challenges to ownership. A title search helps create that chain and is usually conducted by a lawyer or title company.