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Opinion: How the title industry protects homeowners

Housing Wire

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies.

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Opinion: Improving housing affordability without exposing homebuyers to more risk

Housing Wire

While mortgage rates will likely fall this year, conversations about how to increase accessibility to homeownership are still top of mind — and should be top of mind — across the real estate industry. Accounting for geography, differences in title and settlement costs across groups of borrowers were not “economically meaningful.”

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Title insurers reckon with attorney opinion letters

Housing Wire

Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. It is also the third-biggest source of claims in our industry right now.

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Top Tips and Considerations For Buying Land

Realty Biz

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Next, we'll explore financing options and the specifics of land loans, a critical step in acquiring land. Financing Hurdles Financing land can be tricky.

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15 Homebuying Terms You Should Know When Searching for Your New Home

RIS Media

If you’re searching for your first new home, you will likely hear many words that you’ve never heard before. The homebuying process is already complex, so understanding certain words and terms in the real estate industry will help you get ahead of the game for when you’re ready to start buying.

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What your customer should know before making an offer

Real Trends

The most common of these include: Backing out and retrieving earnest money if an inspection reveals serious structural issues Basing their offer on the sale of their existing home Basing their offer on getting financing approved. And if they have been paid, a prorated amount will be refunded to the seller at the closing.

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Things a Lawyer For Real Estate Does For Buyers

Realty Biz

Attorneys ensure that the loan documentation is executed correctly, review the terms and conditions of the mortgage, and confirm that the property's title is clear and suitable for collateral. Lawyers do this by performing a title search. Their oversight ensures that transactions are correctly executed and recorded.