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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

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How title companies are combating wire fraud

Housing Wire

Cyberattacks, particularly wire fraud through business email compromise, remain a major concern for the title industry. We sat down with ALTA CEO Diane Tomb to talk about ways title insurance companies can help their customers avoid falling prey to such attempts. Q: How can title companies help homebuyers avoid wire fraud?

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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A look at the role instant title plays in the borrower journey

Housing Wire

A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. HousingWire recently spoke with Dave Steinmetz, Division President of Origination Services for ServiceLink, on what tools lenders should leverage to streamline home equity title and closing.

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Your Massachusetts Title V Might Have Failed

Maximum Exposure Real Estate

Understanding Massachusetts Title V Approval Is it possible when buying a Massachusetts home, the Title V inspection report you receive as evidence that it has passed is invalid? YES, it is!

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Title partners need solutions for fluctuating loan volume

Housing Wire

With the onset of COVID-19, the already-siloed communication channels between mortgage lenders, real estate agents, title agents and underwriters became even more strained as standard methods of in-person communication were no longer an option for many. With Qualia, they were able to expedite this timeline to 2 weeks.

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How Long Does a Title Search Take

RIS Media

It would be best to make sure that the property you are interested in has a clear title. However, always keep in mind that problems with the property titles generate most issues experienced during real estate transactions. The easiest way to escape these issues is to make a property title search. Why Do You Need a Title Search.