Housing Wire

OCTOBER 29, 2020

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. That gives us the ability to offer a span of comprehensive proven product options throughout the entire loan lifecycle.

Due diligence 404

Due diligence Mortgages Title search Loans 404

Housing Wire

MARCH 23, 2021

One emerging form of fraud we have seen plaguing our industry has nothing to do with the loan manufacturing process, but rather with the labor used to generate the loans. Given the historic volatility of 2020 (driving loan demand) and the search for elusive industry experience, underwriters have become a prized catch.

Lending 442

Lending Mortgages Due diligence Debt-to-income ratio 442

HomeLight

APRIL 11, 2023

They strive to present the highest possible offer to their clients by doing their due diligence and extensive research on the home and the current market. That includes an average of 49 days listed on the market until a signed contract, plus the typical 45 days a buyer needs to close on a purchase loan.

Purchase and sale agreement 89

Purchase and sale agreement Closing costs Closing Sales 89

HomeLight

AUGUST 24, 2022

The selling process at Cash Buyer New Jersey is straightforward, with the same slim due diligence and closing periods as other cash-offer businesses. That includes an average of 34 days on the market , plus the typical 54 days a buyer needs to close on a purchase loan. Title search. Sale timeline. 7 to 30 days.

Closing costs 81

Closing costs Purchase and sale agreement Closing Staging 81

HomeLight

AUGUST 31, 2021

As a rising number of companies provide cash offers for homes and improve experiences for sellers with advanced technology, the idea that you don’t have to wait months to list and close on your house appeals to many stressed-out sellers. Are cash-for home companies legit? Hot market puts pressure on iBuyer offers. Lower-maintenance sale.

Proof of funds 144

Proof of funds Investor Due diligence Closing 144

HomeLight

MARCH 13, 2023

If you paid top dollar for your Orlando home and need to sell before you intended due to a change of life circumstances such as divorce or lost job, you might have little or no equity which makes it difficult to take the traditional sales route. The buyer does due diligence during the option period in Florida.

Sales 84

Sales Investor Due diligence Renovation 84

HomeLight

MAY 24, 2022

But just how long does it take to close on a house with cash, compared to a traditional loan? If you’re buying a house with a standard mortgage, closing takes about 49 days , according to the June 2021 ICE Mortgage Technology Origination Insight Report. Everyone involved will need time to perform their due diligence.

Purchase and sale agreement 106

Purchase and sale agreement Closing Title search Title 106