Housing Wire

MARCH 1, 2021

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing. Let’s admit it.

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Housing Wire

APRIL 30, 2024

It’s uncertain whether federal regulators are purposefully misleading Americans about the potential savings or just don’t understand how title insurance works. The truth is the cost of title insurance coverage has decreased nearly 8% over the last two decades due to innovation in the industry.

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Housing Wire

DECEMBER 5, 2022

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. That’s according to PropLogix ’s fifth annual “State of the Title Industry” report. Territories. Presented by: SoftPro.

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Housing Wire

MARCH 31, 2021

That said, many companies still rely on legacy systems and manual processes to procure, search, and examine title. This slows the search and underwriting processes, makes them more prone to errors and delays closings at the expense of the homebuyer. Robert Karraa, President.

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Housing Wire

MARCH 2, 2021

Add the fact that lenders are not only dealing with a remote workforce these days, which is an operational challenge in itself, they are also facing a major shortage of qualified appraisers, underwriters and other operational staff in certain markets, which could cause even longer closing delays. It’s easy to see why. Altisource does.

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Housing Wire

APRIL 10, 2023

Peter Richter: The concept of “instant title” means delivering a title commitment “instantly” upon ordering title insurance. Unfortunately, that “instant” title commitment itself does not inherently equate to a faster close, as my colleague Matt Regan outlined in his recent article.

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Housing Wire

OCTOBER 29, 2021

Today, borrowers expect to close fast. A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. HousingWire: How did the title business adapt to unique conditions caused by the pandemic, the growth of the remote workforce and low interest rates?

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Housing Wire

AUGUST 30, 2021

Like every industry, the real estate profession grappled with doing business during the pandemic – not just for the sake of doing business, but for the unnerved consumers trying to navigate the home-buying process during an alarming present and an uncertain future. We’ve done that with Flueid Decision.

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Housing Wire

MARCH 26, 2021

He also spent eight years at First American Title Corporation , where he was president of its direct division. Prior to his work in the title industry, Hoffman founded and led several companies in the communications and medical products industries. How hybrid title and valuations help increase lending efficiency.

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Housing Wire

OCTOBER 29, 2020

But what makes us the most unique value proposition is that we are part of Altisource Portfolio Solutions, an integrated service provider and marketplace for the real estate and mortgage industries. Then we build a team of unique, experienced professionals, from sales to client management to operations, that is ideally suited for the client.

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HomeLight

OCTOBER 30, 2020

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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HomeLight

MARCH 31, 2022

Selling a home costs money, and you’ve got to factor in all the costs to get an accurate estimate of what your take-home amount will be once the sale is complete. Enter the seller’s net sheet, a document that estimates how much cash you can expect to walk away with after subtracting fees and expenses from the sale price of your home.

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Housing Wire

FEBRUARY 10, 2022

It is no secret that 2021 posed a variety of challenges for the title insurance industry. million, due to increased service expenses tied to higher ancillary services revenues, higher outside title search and premium tax expenses on improved title revenues, state sales tax assessments and office consolidation costs.

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Real Trends

DECEMBER 27, 2022

With a little bit of informed vigilance, you will be able to increase your rate of successful closes. Keep reading to learn about the reasons a deal is starting to slip and the warning signs that a deal will never close. How often does a pending home sale fall through? Once signatures have been completed, the deal is closed.

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Housing Wire

OCTOBER 29, 2021

The act prohibits the publication or printing of any notice, statement or advertisement with respect to the sale or rental of a dwelling that indicates any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin.

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Realty Biz

FEBRUARY 19, 2024

Can you imagine buying a lot only to discover it has crept too close to the neighboring lot line? The real estate attorney you are using should conduct a title search to ensure no liens against the property. They know the local building industry better than larger financial institutions. That would not be pleasant.

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Housing Wire

APRIL 6, 2021

Linda had a sizable downpayment but still needed to find a way to close the appraisal gap. But not everybody has the ability to tap friends and family or investments when the appraisal and the final sale price don’t match – many deals have fallen apart as a result, loan originators and real estate agents said.

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RIS Media

APRIL 8, 2022

Here’s all you should know about contingent sales as a potential home buyer. An active listing means the home in question is currently on sale, and sellers are actively open to offers. If the house doesn’t get sold in the stipulated time, the sale can fail to materialize. The clause is referred to as a home sale contingency. .

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HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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Rent, Buy & Sell

JANUARY 20, 2023

Foreclosures and short sales may be enticing due to low offer prices, but they carry some risks and potentially higher costs. For example, the average sale price of a home from January to March 2007 was $322,100. The housing industry plays an important role in the economy. Shop around for the best mortgage rates.

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Realty Biz

NOVEMBER 1, 2023

Backed by a legacy of service excellence, Open Title Texas offers a comprehensive suite of solutions tailored to meet the unique needs of real estate brokers, sales professionals, and consumers alike. Educational Opportunities: Open Title Texas brings additional value by empowering real estate sales professionals with knowledge.

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Realty Biz

SEPTEMBER 14, 2023

Let's explore the different parties: Buyers Real estate attorneys work closely with buyers to navigate the complex legal aspects of purchasing a property. Attorneys assist in reviewing and negotiating sale agreements, clearing title issues, and preparing all necessary legal documents.

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Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. You make the money when you buy it.

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RIS Media

SEPTEMBER 21, 2020

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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RIS Media

APRIL 18, 2022

Yet in the seven or eight years since iBuying emerged, it has attracted reams of copy and tons of dialogue as an instant, hassle-free sales solution. How deeply is it impacting our industry? At the same time, new technologies will continue to emerge, and we must be responsive as an industry. What’s to be learned from that?

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HomeLight

JUNE 19, 2023

Get Started Step 1: Find the land for sale You won’t always be lucky enough to drive past a plot of land that’s the perfect investment opportunity for you. If you know for certain you want to buy land, but don’t have any specific property in mind yet, try doing an online search. He has more than 22 years of experience in the industry.

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Realty Biz

AUGUST 2, 2023

Additionally, understanding the closing process and utilizing additional resources and tools can streamline the sale. Setting the Right Price for a Quick Sale When selling your home quickly, one of the most critical factors is setting the right price. Overcoming common challenges is also vital.

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Realty Biz

JUNE 4, 2023

The biggest business industry, real estate, is going digital at a rapid pace. Investors, brokerage firms, builders, and in fact, modern-day buyers or sellers, mostly millennials, prefer using online routes to manage and close transactions. Virtual data room solutions simplify different processes in the real estate industry.

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HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Original sales contract. Contact your lender to get this document to help calculate net proceeds from the sale of your home.

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Real Trends

JULY 11, 2022

This is the traditional strategy, but in some cases their dollars can go further if they look in different areas that are close to their desired location. Of course you want the sale to go through, but explaining contingencies in a contract reduces stress for home buyers and builds a feeling of trust and good will between you.

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HomeLight

AUGUST 31, 2021

It’s the moment when you can’t bear to see another piece of paper related to your home sale that you’ll receive the settlement statement — also known as a closing statement in real estate. Think of this document as a formal receipt for your home sale. Does the seller get a closing statement?

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HomeLight

DECEMBER 2, 2021

Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. We break down what the cost of a home sale could look like based on the average U.S. Cost to seller. Notary fee.

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HomeLight

DECEMBER 30, 2022

Perhaps you need a fast home sale to start a new job. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. Request Offer.

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HomeLight

AUGUST 31, 2021

They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows). Different types of foreclosure sales. Distressed sales accounted for just 1% of all home sales in April 2021. Short sale. Auction sale. Pre-foreclosure.

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HomeLight

NOVEMBER 10, 2022

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. Request Offer.

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HomeLight

JULY 31, 2021

turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer?

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HomeLight

APRIL 11, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract.

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