Housing Wire

JUNE 21, 2022

In a refinancing, homeowners obtain a new loan and lenders require a new title search and a title insurance policy on that loan to protect their investment. Professionals conduct the search and examine documents, with title companies regularly providing a discount, or “reissue rate” on a refinance.

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Title Title search Due diligence Land 512

HomeLight

AUGUST 26, 2020

Some of the elements of closing on a home can be difficult to grasp, like the property title search. Property title problems account for about 9% of closing delays , according to the National Association of Realtors. A property title search is an easy way to avoid delays in your closing. Pet restrictions.

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Title search Title Bankruptcy Land 82

HomeLight

JULY 31, 2020

In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. Minimizing clouds in a title search requires the seller to be proactive. Dodge move.

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Closing Purchase and sale agreement Title search Earnest money deposit 116

Redfin

MARCH 3, 2022

Clouds on the title. Before you can close the deal, you’ll need to make sure that the title is clear. A title company or real estate attorney will conduct a title search, which examines all public records to determine the property’s ownership history and identify any clouds on the title.

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Closing Title search Purchase and sale agreement Title 62

HomeLight

NOVEMBER 9, 2021

In 2020, the National Association of Realtors (NAR) estimated an average of 25 DOM for home sales across the U.S. A title search can take up to 14 days. All home loans (and all legal home sales, for that matter) are dependent on a clear title. A title search can take anywhere from a few hours to 14 days.

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Purchase and sale agreement Home sale contingency Title search Inspection 95

HomeLight

DECEMBER 23, 2021

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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Title Title search Bankruptcy Due diligence 109

HomeLight

JANUARY 25, 2023

It’s also connected with several local organizations, including Lakeland’s Chamber of Commerce, the Polk County Real Estate Investors Association, and the Better Business Bureau (BBB). The company also highlights that they work to help people avoid common problems through their home sale, including foreclosures, credit issues, and bankruptcy.

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Purchase and sale agreement Closing costs Closing Agents 84