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How Does a Title Search Work

Realty Biz

When you’re buying a home, you’ll need a title search so that you can get title insurance. Title searches can also reassure buyers, making sure there is a smaller chance of problems with the title later on. We will take a look at the things you need to know about a title search and how it works.

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First Time Selling a House Checklist

Realty Biz

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

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete.

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Why lenders should be asking for a title check at loan application

Housing Wire

A title check is a key workflow step that provides instant awareness on the condition of title — based on title underwriter guidelines — andvalidateskey details about the property and consumer through an easy-to-understand data result at the start of the loan origination process. That’s much too late in the process.

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

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Top Tips and Considerations For Buying Land

Realty Biz

Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives. That could include personal use, but if you’re buying it as an investment, get clear on your exit and marketing strategies. It requires a title search to ensure no outstanding liens or disputes.

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Can You Put an Offer on a House That’s Contingent?

RIS Media

Real estate listings go through different stages. Homes that are listed as pending or sold are officially off the market. . Other factors can also put a home back on the market. Appraisals that are lower than expected may put a home back on the market. The title search reveals issues. Contingent meaning.