Remove Bankruptcy Remove Equity Remove Staging Remove Technology
article thumbnail

Why lenders should be asking for a title check at loan application

Housing Wire

And all of this helps create a more integrated (and more importantly, streamlined) lender-title workflow that empowers the collective to achieve the all-elusive 5-day close for home equity or 10-day close for refinance. Now, it’s not uncommon to find these and other potential issues during the title search and curative process.

Title 373
article thumbnail

What Happens to Homeowners if the Housing Market Crashes?

Marco Santarelli

Instead, they will lose their homes to foreclosure and often file for bankruptcy in the process. The previous housing bubble in the United States in the mid-2000s was caused in part by another bubble, this time in the technology industry. During the late 1990s dotcom bubble, many new technology companies' stock was purchased quickly.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 of the Top We Buy Houses for Cash Companies in Chicago

HomeLight

No repairs, no staging, no open houses. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Diamond Equity Investments. Closing costs: Sellers pay no closing costs; Diamond Equity Investments covers them. Phone number: 1 (888) 720-3075.

article thumbnail

Should I Get an Online Quote to Sell My House?

HomeLight

Like many other innovations propelled by technological advances, investor groups and iBuyers have their place in the kaleidoscope of real estate sales options. Because they can close in as little as 10 days, online quote companies may be the solution to help protect your hard-earned equity. Each option has its benefits and drawbacks.

article thumbnail

Hit list: Inside CoStar’s all-out war against Zillow

Housing Wire

CoStar’s actions included collaborating with law enforcement in the Philippines to raid an Xceligent office, and Xceligent eventually fell into bankruptcy. But up on the stage at NAR, they were yelling and screaming ‘CoStar! CoStar took exception to how it was characterized in the article, calling it a “toxic stew of half-truths.”.

Brokerage 391
article thumbnail

Top Ten Topics Of Discussion For 2023!

Toronto Realty Blog

Call that a “change in technology,” if you will, comparing 1986 to 2022, but the Christmas Boxes were a success! So he’s not without equity. If interest rates rise drastically, I back off on everything else to avoid filing for bankruptcy.”. Filing for bankruptcy? womp womp). Where did they find this guy?

Banks 80
article thumbnail

Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

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. Don’t expect to get top dollar if you sell your Houston home to a cash buyer.

Sales 66