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Qualia courts proptech firms with title, escrow offering

Housing Wire

Digital closing platform Qualia announced Wednesday the release of “Qualia Scale,” a software program that allows proptech companies to attach title & escrow to their core offerings. How hybrid title and valuations help increase lending efficiency. It’s the second proptech offering created by Qualia.

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Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

HomeLight

But is the cash closing process always seamless? A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. With a mortgage, there are all kinds of things that can go wrong to delay closing — financing issues and appraisals coming in low are two of the most common.

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House Deed vs Title: How to Keep Their Meanings Straight

HomeLight

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. If there’s a document missing, we can reach out and try to help the title company locate it. Find Agent.

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10 Things to Know About the ‘Sale Pending’ Phase, aka House Closing Limbo

HomeLight

Not only will you need to be packing, cleaning, and getting the house ready for your buyer, there’s also a lot of waiting and hoping that all of the moving pieces fall into place and your home sale closes on time, if you make it to closing at all. Things start moving fast once the title is cleared for transfer.

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Can you explain the escrow and title processes to your buyers and sellers?

Easy Agent Pro

Close of escrow” refers to the fulfillment of the instructions (funds disbursed, title transferred etc.). Are you ready to explain the final closing statement (aka settlement sheet) for instance? Some of the items which may need to be clarified for the new real estate consumer include: Non-recurring closing costs.

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iBuyer Versus Traditional Real Estate: Where’s the Nexus?

RIS Media

Sherry Chris, President and CEO, Expansion Brands, Realogy Holdings Corp., But it has helped us step up to the plate and shorten the time from listing to close—doing needed repairs up front, for example, and getting the title search done ahead of time. Panelists: . Madison, New Jersey.

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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. ” A new-construction home, after all, will sport a brand-new roof, appliances, HVAC equipment, and major systems that homebuyers likely won’t need to repair or replace anytime soon.