Housing Wire

JUNE 21, 2022

The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job. Mary O’Donnell is CEO of Westcor Land Title Insurance Co. and a past president of the American Land Title Association. Real estate is a $3 trillion industry in the United States.

Title 506

Title Title search Due diligence Land 506

Realty Biz

DECEMBER 15, 2021

Many public records can be checked to determine ownership, these include: Property deeds Mortgage documents Property tax records Legal documents Bankruptcy court records County land records Probate information. When it comes to due diligence for a property purchase, title searches should never be skipped.

Title search 112

Title search Title Due diligence Bankruptcy 112

HomeLight

DECEMBER 23, 2021

The walls, the roof, the porch, and the plot of land (if included in the house purchase) are yours! A title company or real estate lawyer will conduct what’s called a title search as a step in the due diligence period of a home purchase. Improper title transfers due to past paperwork error. Bankruptcy filings.

Title 109

Title Title search Bankruptcy Due diligence 109

HomeLight

OCTOBER 29, 2020

Claims most often arise from family disputes or divorce proceedings, while property liens can be tied to debts owed to contractors, unpaid taxes, bankruptcy, and more. Zoning and land use contingencies. Buyers have to be willing to move forward with their due diligence right away,” says Lagrois.

Purchase and sale agreement 77

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 77

Redfin

MARCH 3, 2022

Municipal lien letters matter,” says Sara Cleary of Tri-County Land Title & Escrow Company. So while title companies clean up any known problems in the land records before closing, the only way to truly protect yourself is to purchase an owner’s title insurance policy which will protect your interest in the property forever.”.

Closing 62

Closing Title search Purchase and sale agreement Title 62

HomeLight

JULY 31, 2021

When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. Beyond doing your due diligence online, it’s also a good idea to pick up the phone and put a voice to the business. Put a voice to a name.

Earnest money deposit 98

Earnest money deposit Inspection Inspection contingency Proof of funds 98