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How Does a Title Search Work

Realty Biz

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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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

Title insurance is imperative for lenders to ensure the borrower has ownership rights to a property, but it doesn’t just protect against problems affecting title. The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job. Why is a title search necessary for refinancing?

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

Housing Wire

A title check is a key workflow step that provides instant awareness on the condition of title — based on title underwriter guidelines — andvalidateskey details about the property and consumer through an easy-to-understand data result at the start of the loan origination process.

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How to Understand Real Estate Underwriting

Realty Biz

Get a Title Search and Title Insurance Before the lender will approve your home loan application, they need to confirm who the current owner of the property is. A title search examines public records to determine the property owner. Title insurance reflects the condition of the title.

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

A home appraisal provides the fair market value of a property and is typically required by your mortgage lender. Clouds on the title. Before you can close the deal, you’ll need to make sure that the title is clear. Make sure the title company is ordering lien letters and ask to see them before closing. ” 5.

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). That said, the number of days your home is on market depends on several factors, such as: The location of your home. Days on Market.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

There are many issues that can arise from a title search on a home for sale — some small, some big — that must be addressed before the property can be legally transferred to the new owner. Minimizing clouds in a title search requires the seller to be proactive. How it can delay closing. Dodge move.

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