Remove Development Remove Due diligence Remove Technology Remove Title search
article thumbnail

How one mortgage fulfillment service increases efficiencies while minimizing risks

Housing Wire

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. Our professionals then work within their technology, reducing potential challenges about the technology integration.

article thumbnail

Stepping up the fight against fraud in mortgage lending

Housing Wire

Fortunately, fintech innovation is helping lead the way with methods to detect inconsistencies in the due diligence process, such as drawing data directly from banks (with the borrower’s consent) and eliminating the need for written statements. There were enough significant findings to make these loans unsalable.

Lending 454
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Boost Your Real Estate Business with Virtual Data Rooms: Benefits You Need to Know

Realty Biz

Why are businesses adopting this technology, and how has it revolutionized the global real estate sector? When it comes to developers, the volume of data increases significantly. It includes different steps such as document verification, property inspections, title search, and time to get an appraisal. Let's find out!

article thumbnail

Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% The buyer does due diligence during the option period in Florida.

Sales 80
article thumbnail

Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance. The buyer does due diligence during the option period in Texas. Krueger says the due diligence period in Houston is typically 10 days for an agent-assisted sale.

Sales 66
article thumbnail

5 of the Top We Buy Houses For Cash Companies in New Jersey

HomeLight

In the years since then, the company developed a mission to revitalize both homes and communities. The selling process at Cash Buyer New Jersey is straightforward, with the same slim due diligence and closing periods as other cash-offer businesses. Title search. Cash-for-homes companies often handle title issues.