Housing Wire

JUNE 21, 2022

In a refinancing, homeowners obtain a new loan and lenders require a new title search and a title insurance policy on that loan to protect their investment. Professionals conduct the search and examine documents, with title companies regularly providing a discount, or “reissue rate” on a refinance.

Title 506

Title Title search Due diligence Land 506

HomeLight

MARCH 16, 2023

Investors offer alternatives to foreclosure and bankruptcy About 60% of sellers who contact Ramcharitar are behind on their mortgage payments. While some homeowners opt for foreclosure in a distressed situation, others decide to declare bankruptcy. There’s not much difference other than a quicker timeline and an easier transaction.

Sales 65

Sales Purchase and sale agreement Earnest money deposit Investor 65

HomeLight

JANUARY 25, 2023

Although it’s a fairly young company that was first started in 2017, it has quickly developed a solid reputation within the local area. The company also highlights that they work to help people avoid common problems through their home sale, including foreclosures, credit issues, and bankruptcy.

Purchase and sale agreement 73

Purchase and sale agreement Closing costs Closing Agents 73