Redfin

JUNE 5, 2025

These are typically paid at the closing table and cover the administrative and legal aspects of the transaction: Title search and title insurance : Before you can legally own a property, a title company conducts a thorough title search to ensure there are no existing liens, claims, or encumbrances on the property’s title.

Closing costs

Redfin

JUNE 27, 2025

Not getting pre-approved for a home loan before starting your search A common mistake for first-time homebuyers is jumping into the search without first getting pre-approved for a mortgage. These can greatly affect both the quality of your purchase and your bottom-line expense.

Pre-approval

Redfin

FEBRUARY 20, 2025

On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. They cover everything from real estate agent commissions to title insurance, escrow fees, and transfer taxes. These expenses add up quickly and vary widely by location.

Closing costs

Redfin

AUGUST 5, 2025

Conveyance is when the property you’ve worked tirelessly to purchase becomes yours, and you’re transferred the deed and title. The transaction is completed using an instrument of conveyance, usually a legal document such as a title , deed or lease. A title company usually helps manage a conveyance. What does conveyance mean?

Purchase and sale agreement

Redfin

JULY 30, 2025

Buyers can make cash offers through a real estate agent or directly to the seller. Run a title search and enter into escrow: A title search ensures the seller has legal ownership and the property is free of liens. What is a cash offer? The payment is usually made via wire transfer or cashier’s check at closing.

Purchase and sale agreement

Redfin

AUGUST 6, 2025

The truth is, the timeline for buying a house can vary due to a number of factors like financing needs, if it’s a buyer’s or seller’s market, the time of year, and the type of home you’re searching for. Search for a home A few days to a few months Talk to your real estate agent about what you’re looking for in a home.

Pre-approval

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. The commission is typically divided equally between the buyer’s and seller’s agents, based on a percentage of the sale price. The commission compensates the agents’ hard work, expertise, and time invested in the transaction.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. Then, you should engage the services of a real estate agent who is familiar with the local market and can help you find suitable properties. But studying the market is not enough. To be successful, you must also consider your financial position.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Does a Real Estate Lawyer Do?

Purchase and sale agreement

Redfin

JULY 30, 2025

Verify the lien Request a title search or check with your county records to confirm any liens on your property. Work with a real estate agent or attorney An experienced agent or real estate attorney can guide you through the negotiation and closing process, ensuring the lien is addressed correctly.

Title search

Redfin

JUNE 30, 2025

That said, laws and practices vary slightly by state, so it depends on how the title company, attorney, or escrow agent handles closings. Closing agent: A title company representative, escrow officer, or closing attorney (depending on the state) oversees the process, ensures documents are signed correctly, and handles funds.

Closing

Redfin

JUNE 17, 2025

The steps of the due diligence period can include any of the following: Home inspection Pest inspection Appraisal Negotiation of closing costs Title search and title insurance Renegotiations (if applicable due to home inspection) During this period before settlement, the buyer and seller are able to continue negotiations.

Closing

Redfin

JULY 9, 2025

Determine your budget Estimated time: 2-4 weeks Before jumping into your home search the first step is to determine how much you can afford. Find a real estate agent Estimated time: 1-2 weeks A buyer’s agent is a licensed real estate agent who represents your best interests throughout the home buying journey.

Pre-approval

Redfin

JANUARY 28, 2025

From evaluating the loan terms to understanding the hidden costs, assuming a mortgage isn’t a decision to take lightly. This Redfin article has everything you need to know before jumping in. What is an assumable mortgage? Assumable mortgages represent a unique opportunity in the right circumstances but require careful due diligence.

Loans

Redfin

AUGUST 5, 2025

A real estate agent or real estate attorney can help oversee the real estate transaction. How you’ll handle the transaction Even if you don’t have to list the home and hold showings, working with a real estate professional can still have value. Financing options You’ll also need to weigh out your financing options.

Purchase and sale agreement

Redfin

AUGUST 5, 2025

Title contingency: If the seller is unable to transfer the title to the buyer free and clear, without any liens or encumbrances , a title contingency prevents and protects the buyer from having to purchase the home. What is a contingency? Sometimes, buyers need more than money to get the deal done. They need to be flexible.

Earnest money deposit

HomeLight

NOVEMBER 15, 2024

This is an emotional process, and there’s a lot going on,” says Renee Hillman , a top-rated Raleigh area real estate agent who has been helping families with inherited homes for more than 25 years. Hillman says a title search will help to reveal the status of the property.

Pre-approval

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. This knowledge can be valuable for homeowners, real estate agents, and prospective buyers. Tips to Research the History of Your House Embarking on a house history search project can be exciting but requires careful research and investigation.

Due diligence

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. Top Frequently Asked Questions From Home Sellers It’s known that the home buying process comes with many frequently asked questions and the home selling process is no different. This frequently asked question cannot be answered with a simple or general answer.

Purchase and sale agreement

HomeLight

NOVEMBER 19, 2024

Whether you’re a first-time buyer or a seasoned seller, understanding what a title company does and how it protects your transaction is key to avoiding costly surprises. In this unsponsored guide, we’ll break down the essentials about title companies, their services, and how to choose a good one that fits your needs.

Title

Redfin

JULY 29, 2025

Everyone: You, the seller, and your real estate agents traditionally meet up at a title company or an attorney’s office. Just ask your agent if this is an option, and they’ll make sure you have time to review everything before you sign. A lot of people will ask “Is down payment included in closing costs?”

Closing costs

HomeLight

OCTOBER 25, 2024

To find out exactly how much you’ll owe at closing as a seller in Washington state, work with a top local agent who can prepare a detailed net sheet breaking down each expense. We spoke with a top local real estate agent and dug through state laws to round up all of the closing costs sellers are on the hook for at the end of the sale.

Closing costs

HomeLight

FEBRUARY 20, 2025

Youve just found your dream home and are finalizing your offer when your real estate agent calls with concerning news. Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want.

Inspection contingency

Housing Wire

MARCH 10, 2025

In an industry dominated by private insurers, Iowa Title Guaranty (ITG) continues to operate as a state-run, not-for-profit title system that gives homebuyers a more affordable avenue for settlement services. Iowa bans private commercial title insurance in favor of its unique state-backed model.

Title

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. Quitclaim Deeds – What You Need To Know A quitclaim deed is a legal document that transfers property ownership without title guarantees. Unlike warranty deeds, quitclaim deeds do not offer buyer protection or ensure a clear title. What is a Quitclaim Deed?

Title

Housing Wire

FEBRUARY 25, 2025

With nearly three decades of experience in real estate and investing, Ive worked with hard money lenders to secure financing for everything from simple fix-and-flip projects to multi-million-dollar apartment building rehabs. Theres no one-size-fits-all hard money lendereach borrower, project and situation is unique. The proof is in the pudding.

Hard money loan

Housing Wire

DECEMBER 16, 2022

However, most Americans don’t learn about title insurance until they buy their first home and amid the often stressful, frenetic activity of the closing process, homebuyers can be confused about many of the settlement costs and why they need to purchase a title insurance policy. Title insurance is a comprehensively regulated product.

Title

Housing Wire

JUNE 21, 2022

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

Title

Housing Wire

JUNE 7, 2022

New York-based AmTrust Title Insurance Company on Tuesday introduced MidPoint , its new title closing solution enabling title agents to work outside their geographic areas to serve clients nationwide. AmTrust Title is a wholly owned subsidiary of AmTrust Financial Services, Inc.

Title

RIS Media

JANUARY 16, 2022

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. What Is a Clear Title?

Title search

Housing Wire

APRIL 6, 2023

If the primary purpose of employing technology is to streamline the workflow, reduce unnecessary expenses and drive greater productivity, the efforts of title agents and owners should be bearing some fruit now. There’s no doubt the title industry has made significant gains in streamlining over the past two years.

Title search

Housing Wire

MARCH 31, 2021

Every real estate transaction—whether it is backed by a mortgage or is an all-cash deal—requires a determination of ownership and a clear transfer of title. That said, many companies still rely on legacy systems and manual processes to procure, search, and examine title. Robert Karraa, President.

Title search

Housing Wire

DECEMBER 5, 2022

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. That’s according to PropLogix ’s fifth annual “State of the Title Industry” report.

Title

Housing Wire

OCTOBER 27, 2023

The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts. One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company.

Title

Housing Wire

APRIL 6, 2021

But not everybody has the ability to tap friends and family or investments when the appraisal and the final sale price don’t match – many deals have fallen apart as a result, loan originators and real estate agents said. How hybrid title and valuations help increase lending efficiency. Streamline by combining services.

Title search

Housing Wire

APRIL 2, 2021

White label title insurance franchise Proliant Settlement Systems announced Friday the acquisition of Great Northern Title Insurance Agency (GNTIA) in Michigan as a franchisee. The move expands Proliant further into Michigan, where it has close to a dozen franchise title firms. It also operates in Florida.

Title

Housing Wire

MARCH 9, 2021

Why use several vendors for title searches, appraisals and underwriting when you can use one? That general principle holds true for the title and settlement services space as well. I have, myself, owned and managed numerous title businesses through the decades. But I’m surprised how many treat this as a threat.

Title