Housing Wire

APRIL 18, 2024

Non-QM vigilance Pamela Hamrick, president of Incenter Diligence Solutions , which provides due-diligence reviews and document management services for the mortgage industry, said that prefunding reviews are also gaining more traction in the nonqualified mortgage ( non-QM ) space.

Loans 375

Loans Due diligence Investor Technology 375

HomeLight

JULY 12, 2022

Like many other innovations propelled by technological advances, investor groups and iBuyers have their place in the kaleidoscope of real estate sales options. Selling to an investor group or iBuyer isn’t attractive to everyone. In addition, the opportunity may not even be available in some markets.

Purchase and sale agreement 80

Purchase and sale agreement Investor Equity Closing 80

Marco Santarelli

SEPTEMBER 6, 2020

If they are sued or go into bankruptcy, you’re joined at the hip as their business partner. If ever that company files for bankruptcy, they have to settle their liabilities first before anything else. Know that this requires doing your due diligence and drafting the right legal documents to protect your investment.

Lending 135

Lending Loans Investor Branding 135

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. The buyer does due diligence during the option period in Texas.

Sales 62

Sales Purchase and sale agreement Earnest money deposit Investor 62

HomeLight

MAY 24, 2022

If you’re buying a house with a standard mortgage, closing takes about 49 days , according to the June 2021 ICE Mortgage Technology Origination Insight Report. Everyone involved will need time to perform their due diligence. Bankruptcy. What if the seller has declared bankruptcy? Why does it take this long?

Purchase and sale agreement 101

Purchase and sale agreement Closing Title search Title 101