Housing Wire

MAY 27, 2021

SoftPro has named title and escrow veteran Gorkem Kuterdem its new chief technology officer, the company announced Thursday. Kuterdem has more than 15 years of experience specific to the title industry, previously serving as senior vice president for strategy at Adeptive Software and former CTO for WFG National Title Insurance Co.

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Housing Wire

MARCH 29, 2021

Qualia announced Monday a new integration with title automation company DataTrace , giving Qualia Marketplace users direct access to DataTrace products and services without leaving the platform. DataTrace provides title search and automation solutions to the title and settlement service industries.

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Housing Wire

MARCH 30, 2021

The joint project illustrates the tight partnership of Spruce with Munich Re , which owns both Digital Partners and American Digital Title Insurance Company and is an investor in Spruce as well. In September, the companies announced a joint project to offer cost-effective title insurance.

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Housing Wire

APRIL 18, 2022

When the COVID-19 pandemic shut the country down in 2020, title and settlement professionals were deemed essential and continued to help consumers purchase homes and refinance mortgages. Protecting homeowners is always at the center of the title insurance industry’s core values: to lead, deliver and protect. We share these goals.

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Housing Wire

MARCH 23, 2021

In recent years, we have seen a significant uptick in fraudulent activity ranging from the high tech — intercepted wire transfers and electronic title phishing scams — to low-tech, such as applicants submitting falsified or doctored bank statements. Wherever there is commerce, there will be fraud, and the mortgage industry is no exception.

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Housing Wire

MARCH 27, 2023

Fannie Mae and Freddie Mac, which have been in conservatorship since 2008, have long required title insurance policies on loans they purchase from lenders. This is because title insurance provides the most comprehensive protection of property rights. Title insurance is regulated at the state level.

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Housing Wire

OCTOBER 29, 2020

We offer a span of comprehensive product options throughout the entire loan lifecycle and help manage loans from start to finish, including title searches, processing, underwriting, closing and disposing of them and even take them into the post-closing and servicing process. Security is a major priority for us too.

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Realty Biz

FEBRUARY 19, 2024

I have helped developers build and sell entire subdivisions from the ground up. Understanding how big an acre is will be a good start for what you need for land. Being a real estate agent for the last thirty-eight years, I have had numerous experiences selling land. I have sold small building lots to large parcels of land.

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Housing Wire

FEBRUARY 28, 2022

The title insurance industry is built on service. So, what happens when it becomes much more difficult for title agents to find, recruit and hire the skilled labor so necessary to their core functions? That development could present serious challenges. We will soon find out.

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Housing Wire

OCTOBER 13, 2022

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. This is a top priority for ALTA.”. In some ways it could cost them more.

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Realty Biz

SEPTEMBER 14, 2023

Some of their key responsibilities include: Reviewing and preparing legal documents Ensuring the clarity of title and title insurance Facilitating the transfer of funds Resolving legal disputes Importance of Hiring a Real Estate Attorney Hiring a real estate attorney is crucial to protecting a buyer's interests.

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Realtor.com

NOVEMBER 28, 2022

There are some costs that aren’t usually calculated into APR, including the home appraisal, title search, title insurance , credit report , and transfer taxes. That said, the appraisal, credit report, title search, and title insurance should normally be fairly minor costs when compared with the cost of the loan.

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Realty Biz

JUNE 15, 2022

Performing due diligence is vital when purchasing a home. It is even more crucial when buying a building lot. Buying land can be an exciting and profitable investment. However, it is important to ask questions and get advice before making a purchase. Real Estate agents are asked important questions all the time as it pertains to land.

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Housing Wire

MARCH 28, 2024

Yes, the process of orchestrating the collaboration of lenders, appraisers , home inspectors, one or two real estate agents, a title insurance company, and possibly others is complex. One would be hard-pressed to find many title agencies that aren’t using some level of technology in that regard. But there’s also room for improvement.

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Housing Wire

DECEMBER 27, 2023

“I always joke that we work in an industry that literally researches the past, and because of that, sometimes, I feel like our marketing, sales, and technology live there too,” Sam Trimble, vice president of strategic growth and development at Fidelity National Financial , said. It really is limitless.”

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Realtor.com

JANUARY 2, 2023

Plus, title companies that work with builders tend to do “batch” title searches on the new parcels in a community all at once. Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. It will take too long.

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Realtor.com

JANUARY 25, 2022

Department of Agriculture and backed by the agency’s Rural Development Guaranteed Housing Loan Program, these loans help buyers with moderate or low income purchase property outside cities. Odds are, you’ve heard that the housing market is blazingly hot right now. According to the latest research by Realtor.com®, is $375,000.

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HomeLight

AUGUST 31, 2021

Again, the timeline varies by state, but this typically begins three to six months after the first missed payment , according to the Department of Housing and Urban Development (HUD). You’re reading through a new MLS listing, and you believe you found your ideal home. Undoubtedly your mind starts racing, “What does that mean?

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Redfin

JUNE 14, 2023

We’ve gathered market insights on several highly sought-after cities in North Carolina to start you on your home search. The city’s diverse neighborhoods offer a range of affordable suburbs , from historic districts like Fisher Park to modern developments in the suburbs. What’s it like to live in North Carolina?

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Housing Wire

NOVEMBER 22, 2023

The process of orchestrating the collaboration of lenders, appraisers, home inspectors, one or two real estate agents, a title insurance company and possibly others is complex. One would be hard-pressed to find many title agencies that aren’t using some level of technology in that regard. But there’s also room for improvement.

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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.

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Windemere Buying

NOVEMBER 1, 2021

They include but are not limited to underwriting fees, credit check fees, title insurance and title search, escrow fees, and more. They include but are not limited to underwriting fees, credit check fees, title insurance and title search, escrow fees, and more. 10 Costs Associated with Buying a Home 1.

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Real Trends

DECEMBER 27, 2022

Keep reading to learn about the reasons a deal is starting to slip and the warning signs that a deal will never close. How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. Regardless of terminology, the meaning is the same. Reasons your deal may slip: 1. Inspection issues.

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HomeLight

FEBRUARY 27, 2021

According to HomeLight’s transaction data analysis, the national average real estate agent commission rate is 5.8% of the final home sale price. So, who pays for real estate agent commission? The simple answer is that, customarily, it’s going to be the seller. There are a couple of rare exceptions.

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HomeLight

MAY 26, 2021

The Appraisal Institute , a global professional association of real estate appraisers, calls an appraisal “the act or process of developing an opinion of value.”. You’ll learn jargon you’ve never heard before, like earnest money , escrow, and title search. Now it’s all about preparing for your closing. What is a home appraisal?

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Marco Santarelli

DECEMBER 22, 2020

Mortgage note investing is one of the best real estate investment opportunities available but it is rarely discussed. In this article, we shall discuss the various types of mortgage notes and how to invest in them. It is an inexpensive way to invest in real estate. Mortgage notes are also known as real estate lien notes and borrower’s notes.

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Housing Wire

MARCH 28, 2024

Unfortunately, one of the proposals the President mentioned in the SOTU was to revive a previously discredited and shelved pilot program that would waive the requirement for lender’s title insurance on certain refinances by Fannie Mae. In 2022, the industry paid more than $596.1 million in claims. This is up from $474.4

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Toronto Realty Blog

APRIL 13, 2022

More than a dozen flyers – several from politicians, since it’s that time of year, a beautiful letter from a Harvey Kalles real estate agent offering to buy my home, and a ridiculous amount of T5’s and T5013’s, since it’s that time of year again as well. Why do we still mail these? What an incredible waste of money.

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HomeLight

MAY 28, 2021

You think it’s almost too good to be true when you see one crucial caveat: It’s selling “as-is.” Red flags pop immediately into your head; you assume that can only be a nightmare. But, while it’s true some as-is homes require work only a contractor would dream of taking on, there can be more to these properties than meets the eyes.

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Toronto Realty Blog

APRIL 25, 2022

How about the government driving up the prices with all their taxes and development charges, is that it? Everybody and their mother want to talk about “blind bidding” but many of those people aren’t interested in a discussion. At least, not a two-way discussion. Many people already have their minds made up!

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HomeLight

AUGUST 24, 2022

In the years since then, the company developed a mission to revitalize both homes and communities. Disclaimer : This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of companies in this post do not constitute an endorsement. Request Offer. We Buy NJ Real Estate.

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HomeLight

FEBRUARY 17, 2023

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Tampa Bay area “we buy houses” companies should not be considered an endorsement. HomeLight always recommends doing your own research to determine which selling option is best for your situation.

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HomeLight

JANUARY 25, 2023

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Lakeland, FL, area “we buy houses” companies do not constitute an endorsement. HomeLight always recommends doing your own research to determine which selling option is best for your situation.

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Realty Biz

JUNE 4, 2023

When it comes to developers, the volume of data increases significantly. The biggest business industry, real estate, is going digital at a rapid pace. Investors, brokerage firms, builders, and in fact, modern-day buyers or sellers, mostly millennials, prefer using online routes to manage and close transactions. What is a virtual data room?

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Housing Wire

OCTOBER 29, 2021

Because of this, title companies go to great lengths to not republish them when discovered in a title search. Create a national, publicly available database at the Department of Housing and Urban Development of historic housing discrimination patterns in property records, including local datasets produced by grant recipients.

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HomeLight

JUNE 19, 2023

If you know for certain you want to buy land, but don’t have any specific property in mind yet, try doing an online search. LandWatch is a free online resource you can use to search for rural properties and land for sale. They’re rules and regulations that local governments use to control how property is developed.

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HomeLight

APRIL 14, 2023

Title insurance is also divided between buyers and sellers. Buyers usually pick up the cost for the lender’s policy, but sellers pay for the owner’s policy that protects the buyer from title defects. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

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