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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.

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How to Clear a Tax Lien Against Your House So You Can Sell It

HomeLight

This means that you cannot sell your house and pocket any equity from the sale until that tax lien debt is satisfied. As that tax debt piles up, it’ll swiftly eclipse any equity that you’ve built up in your home. Tax liens are discoverable during a title search — even if the lien data isn’t an exact match.

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

HomeLight

Diamond Equity Investments. With 15 years in the business, Diamond Equity Investments say they’ll buy houses being sold for any reason such as bankruptcy or foreclosure, in any condition — even fire damage — and that have baggage like large liens, title issues, or low equity. Title search.

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House Deed vs Title: How to Keep Their Meanings Straight

HomeLight

Essentially, title and deed are both related to the important question of who truly owns a particular piece of real estate and has the rights to it. Let’s take a deeper look at what a house title is; the different types of deeds used in real estate; and related terms including chain of title, title search, title insurance, and title abstract.

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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.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Value-add is the process of remodeling a home or complex to increase the value and add equity,” Shipwash explains. “In Once you’ve accepted an offer and entered into a purchase contract, the buyer will turn the contract over to the title or escrow company.