Housing Wire

JANUARY 11, 2024

TCB’s contract with RMF and the bankruptcy court order also expressly stated that TCB’s right to a lien was subject to GNMA’s extinguishment rights.” 31, 2022, special requirements for HECM reverse mortgage loan pools, TCB’s tail agreement and documents from RMF’s bankruptcy case unfolding in the U.S.

Lending 445

Lending Bankruptcy Mortgages Principal 445

Realty Biz

DECEMBER 15, 2021

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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Title search Title Due diligence Bankruptcy 112

Housing Wire

JANUARY 4, 2024

When assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023, Reverse Market Insight (RMI) used a choice word as the title for its commentary : “thud.” This is a different situation.”

Mortgages 464

Mortgages Bankruptcy Principal Finance 464

Housing Wire

JULY 11, 2023

My office will seek to hold the defendants accountable for allegedly stealing titles to victims’ homes while pretending to help them.” According to the indictment, the group allegedly acquired a property in bankruptcy proceedings in a short sale, and two defendants moved in and occupied that home as their primary residence.

Bankruptcy 281

Bankruptcy Short sale Loans Title 281

Housing Wire

FEBRUARY 5, 2021

They say success is sweeter the second time around,” said Sterns, who holds both the title of founder and CEO at Kind. At the time, the bankruptcy was being conducted by Blackstone , the private equity giant that acquired a majority stake in Stearns parent company, Stearns Holdings , back in 2015.

Lending 369

Lending Bankruptcy Mortgages Title 369

Housing Wire

FEBRUARY 18, 2022

You can’t please all the people all of the time, but Redfin is a unique real estate brokerage , an instant homebuyer, a popular listings website, a platform for renters, a mortgage company, a title company, a concierge service, and a research service on the U.S. housing market. What does that all add up to?

Bankruptcy 407

Bankruptcy Brokerage Title Equity 407

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. What is the property title?

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Title search Title Bankruptcy Land 69

HomeLight

DECEMBER 19, 2023

A top real estate agent can serve as an invaluable transaction coordinator during steps like the title search and deed transfer. A property record search can also reveal information about the previous owners, property deeds — and even some personal information about the seller regarding divorce and bankruptcy.

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Title search Bankruptcy Title Land 115

Housing Wire

APRIL 27, 2021

2016 when the company operated under the title Nationstar. In all, the Justice Department said the three lenders didn’t comply with federal bankruptcy procedures, which affected a total of 76,000 accounts beginning in 2011. In December, Mr. Cooper settled with the CFPB for allegedly committing illegal foreclosures from Jan.

Bankruptcy 390

Bankruptcy Banks Title Mortgages 390

Notorious ROB

OCTOBER 24, 2022

The basic idea is that you can operate the brokerage more or less as a loss leader business in order to feed leads and business to the actual profit centers: mortgage, title, escrow, insurance. Title will be way down. Back when I was still thinking about pursuing law as a career, my interest was in bankruptcy law.

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Brokerage Bankruptcy Property Management Title 88

Housing Wire

MARCH 31, 2022

The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. In the past, the speculative credit boom led to people filing for bankruptcies and foreclosures in 2005, 2006, 2007 and 2008. Are we headed to a housing bubble? Housing Bubble. I disagree with this conclusion.

Bankruptcy 532

Bankruptcy Lending Mortgages Title 532

Realty Biz

MARCH 4, 2023

Bankruptcy Fraud. Mr. Teakell was invited to participate in a book in the best-seller list, titled “A Cup of Coffee With 10 of the Top Criminal Defense Attorneys in the United States.” PPP / SBA Loan Fraud. Bank Fraud. Securities Fraud. Healthcare Fraud. Computer Intrusions and Unauthorized Access. Federal Firearms Charges.

Bankruptcy 102

Bankruptcy Title Banks Loans 102

Realty Biz

JANUARY 20, 2023

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. The title insurer will give you an insurance policy after the title search is complete.

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Title search Debt-to-income ratio Title Loans 78

Housing Wire

JUNE 9, 2022

The pool of non-QM borrowers includes real estate investors, property flippers, foreign nationals, business owners, gig workers and the self-employed, as well as a smaller group of homebuyers facing credit challenges, such as past bankruptcies. Yoon added that the new app also will “be built on the backside as blockchain-capable.”

Marketing 390

Marketing Loans Technology Bankruptcy 390

Realty Biz

JUNE 7, 2021

Reviewing the title for liens and other encumbrances. Title Issues: The seller must clear the house title from any liens, bankruptcies, judgments, and other outstanding issues. You can get a preliminary title report which will assist in knowing if any underlying issues can come up during the sale.

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Closing Purchase and sale agreement Inspection Title 120

Realty Biz

JULY 21, 2021

Brampton has seen massive growth as people moved to the Toronto suburbs, while Toronto itself rivals Vancouver for the title of hottest real estate market in Canada. The best real estate agents will learn about homes that have yet to hit the market, whether someone is filing for divorce or bankruptcy.

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Marketing Bankruptcy MLS Title 101

The Close

JULY 23, 2022

Order an Owner & Encumbrances From a Title Company. You can also order an Owner and Encumbrances (O&E) from your favorite title company. Title companies, data providers like Vulcan7 , listing websites like Craigslist, and Zillow are all great sources to find FSBO leads. Getting Listings From Bankruptcy.

Bankruptcy 111

Bankruptcy Purchase and sale agreement MLS Investor 111

Fancy Pants Homes

MAY 13, 2022

The ultra-luxurious Villa Firenze in Beverly Hills, which once held the title of most expensive home in the U.S. , is once again trying to bank a $100+ million sale. Just one year after it sold at auction — banking a somewhat modest $51 million — the sprawling estate re-surfaced on the market with a $120 million asking price.

Bankruptcy 128

Bankruptcy Title Residential Banks 128

HomeLight

AUGUST 31, 2020

Tax liens are discoverable during a title search — even if the lien data isn’t an exact match. Tax liens will be discovered during a title examination. If your lien situation is simple and for a low dollar amount, you can probably resolve it with the help of your agent and a title company.

Bankruptcy 92

Bankruptcy Equity Title Closing 92

Redfin

MARCH 3, 2022

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Most title companies and attorneys don’t accept personal checks over $500, sometimes less. Clouds on the title. So how can you avoid a delayed closing? “A How to remedy the situation.

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Closing Title search Purchase and sale agreement Title 63

HomeLight

DECEMBER 23, 2021

House deed vs. title: what’s the difference between the two? Perhaps the biggest myth is that the title to a home is an actual document stored in a drawer somewhere. 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. Find Agent.

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Title Title search Bankruptcy Due diligence 111

HomeLight

JUNE 24, 2021

Births and deaths, marriages and divorces, tax liens, bankruptcy rulings, and census data are just a few examples of information available to anyone who is willing to look it up. In fact, when you purchase a home, a thorough title review is conducted as an essential component of the closing process.

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MLS Land Title Commercial 86

McKissock

OCTOBER 23, 2020

Bankruptcy. Sometimes a title insurance company will need appraisal services to determine the impact of an error in a legal description or overlooked encumbrances in the title insurance policy. How are divorce appraisals different from standard mortgage lending appraisals? Guardianship/Trustee matters.

Bankruptcy 77

Bankruptcy Title Development Construction 77

HomeLight

NOVEMBER 9, 2021

Clear title contingency (note: all home sales depend on this contingency). 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. Appraisal contingency. Home sale contingency.

Purchase and sale agreement 82

Purchase and sale agreement Home sale contingency Title search Inspection 82

HomeLight

JULY 31, 2020

Problems with the title. 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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Closing Purchase and sale agreement Title search Earnest money deposit 109

HomeLight

OCTOBER 1, 2020

Bankruptcy documents. This includes a look at an updated credit score , final verification of employment, and checking to ensure the title is clear. Once the three-day period has expired, you can have your documents notarized at the title company or you can have a mobile notary come to you. . Recurring debts and expenses.

Closing 71

Closing Purchase and sale agreement Inspection Loans 71

The Close

MARCH 9, 2023

Within two short years, the Keller Williams brokerage I was leading went from near bankruptcy to number 10 out of more than 700 brokerages! Without rent appreciation, buyers are less motivated to trade their leases for titles. However, once the market shifted, the buyers stopped calling—and then so did the sellers.

Agents 90

Agents Marketing Brokerage Bankruptcy 90

HomeLight

AUGUST 16, 2021

It could be an IRS lien, an HOA lien, taxes, probate, divorce, bankruptcy, pre-foreclosure. In most cases, you’re gonna have title insurance. If there’s no title insurance involved, they’re gonna disclose that. And you’re gonna have to agree to an exception on the title policy or a quit claim deed.

Marketing 75

Marketing Short sale Bankruptcy Banks 75

Realty Biz

AUGUST 20, 2023

When evaluating your pre-approval application, lenders consider previous delinquencies, bankruptcies, and foreclosures. Your loan approval will depend on property appraisal, title search, and final underwriting. This can significantly improve your chances of securing a favorable pre-approval with competitive terms.

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Pre-approval Debt-to-income ratio Mortgages Loans 93

Notorious ROB

JULY 11, 2022

The article is titled “Wen Bazooka” and it’s brilliant. Doomberg then jumps ahead to the current crises in the cryptoverse: the collapse of Terra, the troubles at Celsius, the bankruptcy of 3AC and Voyager. In an earlier post, titled “ Wen Fahrenheit ?”, Wen Bazooka? Remember “Too Big to Fail?

Investor 80

Investor Banks Finance Title 80

The Close

DECEMBER 27, 2022

These are early-stage distressed homeowners, because it typically takes nine months to a year for a bank to foreclose on a home, clean the title, and place it back on the market. Even a few bank-owned homes are starting to show up in the MLS. To the novice investor, it looks like opportunities are everywhere.

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Investor Staging Marketing Banks 95

The Close

JUNE 22, 2023

Motivated Sellers The motivated seller category is the submarket where you will find homeowners who are facing financial distresses like bankruptcy, foreclosure, and job loss or relocation. This is commonly due to the condition of the property or potential title and legal issues.

Investor 116

Investor Debt-to-income ratio New Construction Construction 116

HomeLight

AUGUST 10, 2022

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. Cash-for-homes companies often handle title issues.

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Closing costs Purchase and sale agreement Closing Staging 73

HomeLight

AUGUST 10, 2022

The company states that they regularly provide solutions for sellers in a pending foreclosure or facing bankruptcy and will buy houses in any condition, even requiring complete renovations. They’ll also take care of any necessary inspections and title work. Title search. Cash-for-homes companies often handle title issues.

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Closing costs Purchase and sale agreement Closing Inspection 73

HomeLight

OCTOBER 22, 2021

In this market, we have got to look at probate, look at bankruptcy,” Moskowitz says. “We There can be legal entanglements with the title. Indeed, in this white-hot seller’s market, many buyers are having to turn over every stone to simply find any property that might suit their needs. We look at everything to get a house.”.

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Probate sale Sales MLS Inspection 91

HomeLight

OCTOBER 7, 2022

This can be helpful in the event that the property owner is going through bankruptcy or other financial struggles. An agent can assist you with finding a buyer who is willing to work with the terms of the trust, finding a title company willing to insure the property, and getting the property appraised for the correct value.

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Agents Sales Bankruptcy As-is 88

HomeLight

AUGUST 16, 2021

They will also consider your current and previous debts that resulted in foreclosures or bankruptcies. Bankruptcy paperwork. If you’ve filed for Chapter 7 or 11 bankruptcy, you’ll need to observe a three- to four-year waiting period before being eligible to secure a mortgage. Title documents. Bank statements.

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Loans Mortgages Bankruptcy Purchase and sale agreement 105