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Opinion: What you need to know for a successful real estate transaction

Housing Wire

They ensure that all conditions of the sale have been met and manage the disbursement of funds at closing. What are the typical steps involved in the title and escrow process? Once the title process results in a clear-to-close status, the escrow company creates a schedule of fees. How has technology impacted the industry?

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Punctual Abstract acquires Slade Title Research

Housing Wire

For Slade Title, this acquisition allows the company to expand its search capacity to the entire state. Previously Slade serviced only 10 counties, but thanks to Punctual Abstract’s technology and increased staffing, Slade will be able to serve all of Mississippi. If the company hopes to wrestle any share of the 80.3%

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SoftPro names Gorkem Kuterdem CTO

Housing Wire

SoftPro has named title and escrow veteran Gorkem Kuterdem its new chief technology officer, the company announced Thursday. Kuterdem has more than 15 years of experience specific to the title industry, previously serving as senior vice president for strategy at Adeptive Software and former CTO for WFG National Title Insurance Co.

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Spruce offers fully underwritten title commitment

Housing Wire

“Working closely with our clients, we’ve successfully cut down on transaction times and cost, all while increasing much needed predictability and transparency.”. In September, the companies announced a joint project to offer cost-effective title insurance. Spruce raised $19 million in its series A round in 2018.

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How one mortgage fulfillment service increases efficiencies while minimizing risks

Housing Wire

As part of a larger global company offering a wide range of end-to-end solutions, we provide integrated products and technology far beyond full-service mortgage fulfillment. Our professionals then work within their technology, reducing potential challenges about the technology integration. Customer experience is also paramount.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. When asked why it takes an average of six to seven weeks to get to closing , there are a lot of complex (and honest) answers. But there’s also room for improvement.

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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.

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