Realty Biz

DECEMBER 15, 2021

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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Title search Title Due diligence Bankruptcy 113

Redfin

MARCH 3, 2022

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. Major damage is found during the home inspection.

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Closing Title search Purchase and sale agreement Title 62

HomeLight

MAY 24, 2022

Everyone involved will need time to perform their due diligence. Many companies combine title and escrow services under one roof, as their functions are closely interrelated. Your agent can help you find a title company to handle the title search, and title insurance, which is always recommended.

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Purchase and sale agreement Closing Title search Title 104

HomeLight

OCTOBER 29, 2020

Contingencies can range from the relatively minor or otherwise workable — like requesting a $3,000 allowance to fix a plumbing issue that was revealed during inspection — to more serious stipulations, such as a buyer needing to sell their existing house before closing on the next. Home inspections. Negotiable contingencies.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 79

HomeLight

JULY 29, 2022

So get a contract, then call for a home inspection, and then call the insurance company — those are the calls that you make before you do anything else.”. That likely went right to your lender, so ask to get a copy from either them or directly from the title company. We do all the due diligence upfront,” he says.

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Closing Purchase and sale agreement Title Home sale contingency 104

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.

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Sales Purchase and sale agreement Earnest money deposit Investor 65

HomeLight

JULY 31, 2021

Beyond doing your due diligence online, it’s also a good idea to pick up the phone and put a voice to the business. Inspection period. Jackson says there’s a decent chance a cash buyer will still include an inspection contingency in the contract — especially if they are offering closer to market value.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98