Remove Finance Remove Loans Remove Technology Remove Title search
article thumbnail

Home equity lending opportunities remain despite decline in tappable equity

Housing Wire

“Consumer loan demand was mixed, with home-equity and used auto loans showing some increased demand over the last few months,” the Federal Reserve Board of Governors noted. Another area to watch is the performance of loans approved through automated processes.

Equity 348
article thumbnail

TitleWave launches Colorado branch

Housing Wire

In a flurry of moves, TitleWave Real Estate Solutions of Jacksonville, Florida has announced a new location in Colorado, two new executive hires, and the launch of its title and search report technology. Jeremy Wohlford will be the company’s new title examiner. And Pennsylvania-based Title Alliance Ltd.

Title 286
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Title insurers reckon with attorney opinion letters

Housing Wire

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. An AOL is not going to cover the period of a 30-year loan,” Cain said. “As

Title 317
article thumbnail

How Long Does It Take to Close on a House From Start to Finish?

HomeLight

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. Conventional loan. 1 and accept an offer on Jan.

Closing 111
article thumbnail

iBuyer Real Estate Guide for 2022: What Is an iBuyer?

HomeLight

An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly. Their business model was driven by large venture capital reserves to purchase homes with cash and the use of technology for valuing property quickly. Title search.

Title 84
article thumbnail

iBuyer vs. Real Estate Agent: How Do the Experiences Compare?

HomeLight

An iBuyer uses technology to value the home, sometimes performs a walkthrough, and may adjust the price based on the cost of needed repairs. But steps like the inspection, appraisal, and loan processing will inevitably add time to closing. Some iBuyers are also more flexible than financed buyers about a home’s condition.

Agents 94
article thumbnail

The Ultimate Guide to Buying a House in North Carolina

Redfin

The city is also a hotbed for technology and research, with the Research Triangle Park (RTP) nearby, attracting top-notch companies and fostering innovation. Prioritize your finances Getting your finances in order is crucial for the homebuying process in North Carolina, as it sets the foundation for a smooth and successful transaction.