Redfin

MAY 28, 2025

Therefore, it is imperative to review your title policy carefully to understand whether your property is in a community development district and/or a homeowner association. Lastly, due diligence extends to disclosure. The core difference between an HOA and a CDD lies in their fundamental purpose. Which one is better?

Due diligence

Redfin

AUGUST 6, 2025

A neutral third party – usually an escrow officer from a title or escrow company – manages these funds and documents to ensure all terms of the contract are met before any money or ownership changes hands. The escrow officer then opens a file and starts coordinating with everyone involved: the buyer, seller, agents, lender, and title company.

Earnest money deposit

Redfin

JULY 30, 2025

Due diligence and inspections: Even without lender requirements, buyers should still conduct a home inspection and any other evaluations needed to confirm the property’s condition and avoid unexpected repair costs. Due diligence falls on you: The buyer must ensure the property’s value, condition, and title are solid.

Purchase and sale agreement

Redfin

JUNE 5, 2025

What you’ll actually pay as a cash buyer While paying cash eliminates loan origination fees, appraisal fees (if not for your own due diligence), and other lender-specific charges, a range of other essential costs remain. In fact, a recent Redfin report shows that just under one-third of U.S.

Closing costs

Redfin

MARCH 4, 2025

Actual or potential defects of Title Before buying a house “as-is”, it’s important you learn why the home is listed where-is, so you can make a fully-informed decision. This means that due diligence prior to entering into an as-is contract is an absolute must. Should I buy a home as-is?

As-is

AAOA

MAY 22, 2025

Negotiate with clarity, be firm but respectful, and always leave room for due diligence to confirm your assumptions. Step 5: Conduct Due Diligence This is your opportunity to verify everything the seller claimed. Due diligence is where many deals fall apart or get renegotiated.

Due diligence

Redfin

JUNE 17, 2025

This delay is the result of the due diligence period, where the buyer will conduct inspections and other research before actually signing any papers. What to remember: After accepting an offer, the deal enters the due diligence period, where certain inspections and investigations are conducted before finalizing the sale.

Closing

Rochester Real Estate

NOVEMBER 5, 2015

These documents include purchase agreements, deeds, titles, lease agreements, and financing contracts. Title Search and Examination Before completing a real estate transaction, verifying the property’s title is crucial to ensure it is free from any liens, encumbrances, or disputes.

Purchase and sale agreement

Redfin

JULY 30, 2025

It’s crucial to understand the difference between these deed types, as a special warranty deed offers a more limited guarantee regarding the property’s title. Within the world of deeds, a “warranty” signifies the extent to which the seller guarantees the property’s title. Now, let’s get started.

Title search

Redfin

JULY 3, 2025

Final thoughts: Know before you buy You can’t avoid a mandatory HOA if it’s tied to the property — and refusing to participate doesn’t get you off the hook. If you’re unsure, ask questions early in the home search and read all HOA documents closely before closing.

Due diligence

Redfin

JULY 8, 2025

Buying a preforeclosed home can offer opportunities but requires careful due diligence. Deed in lieu of foreclosure: Voluntarily transfer the property’s title to the lender to avoid foreclosure. Due diligence and legal advice are highly recommended. Q: Is buying a preforeclosure home risky?

Purchase and sale agreement

Marco Santarelli

JANUARY 1, 2025

Title Complications: If the building isn't compliant with the new laws because of unfunded reserves or unmet inspection requirements, sellers may struggle to convey a clear title. It can be a stressful time to sell, especially when facing rising costs and a market where many buyers are wary.

Marketing

AAOA

AUGUST 7, 2025

Title III of the ADA prohibits discrimination based on disability in places of public accommodation. However, some public and common-use spaces within units, such as rental offices, are considered “public accommodations” under Title III of the ADA because they are open to people other than residents and their guests.

Purchase and sale agreement

The Close

NOVEMBER 12, 2024

As part of your due diligence, here are some factors to explore when purchasing land. When considering how to buy land, pay for a title examination and get title insurance through a title or escrow company or real estate lawyer. Title insurance protects your interest in the property in a dispute.

Land

Redfin

JANUARY 28, 2025

Assumable mortgages represent a unique opportunity in the right circumstances but require careful due diligence. to 1% of the original loan), title fees , and recording fees. These issues can be discovered during a title search, which is another essential step. How do assumable loans work?

Loans

The Close

MARCH 11, 2025

It’s also essential to verify all information provided by the homeowner with proper due diligence to ensure your investment decision is well-informed and data-backed. The property’s title is formally transferred from the seller to the buyer, and the buyer will receive keys and access to the property.

Sales

AAOA

JULY 21, 2025

Extra due diligence is required Mobile homes come with their own unique paperwork and regulations. You’ll need to check for clear title ownership (sometimes, older mobile homes don’t have it), confirm zoning compliance, and understand any park-specific rules if you’re buying inside a community.

Due diligence

Marco Santarelli

MAY 3, 2025

These costs can include appraisal fees, title insurance, and other expenses. Don't rush into anything, do your due diligence, and seek expert advice when needed. Even a small reduction in your interest rate can save you a significant amount of money over the remaining life of your loan.

Debt-to-income ratio

HomeLight

APRIL 30, 2025

Instead, buyers are expected to perform their own due diligence, usually by hiring a third-party home inspector. Along with agent commissions, sellers may also be responsible for title fees, transfer taxes, and prorated property taxes. However, Hyatt points out that 99.9%

Sales

Redfin

AUGUST 5, 2025

For example, you may have to make a larger down payment or pay extra due diligence. Perform a title search Don’t skip out on completing a title search , even if your parents are the only ones who’ve owned the home. Your lender should be able to explain the process as it will apply to you.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

Here are some helpful tips to get you started: Gather Existing Documentation Collect any documents related to your property, such as deeds, title reports, tax records, or previous sales listings. Your real estate attorney may also be able to assist with finding valuable information through a title search.

Due diligence

Housing Wire

MARCH 14, 2025

The title insurance industry continues to seek a new normal when it comes to transaction volume, as well as mergers and acquisitions (M&A). Recent dealmaking Rubin and Shaddock National Holdings have made four title insurance acquisitions over the past year. by Florida-based builder Dream Finders Homes.

Title

HomeLight

FEBRUARY 20, 2025

Not all purchases are the same, and waiving an appraisal contingency without doing your due diligence first may cost you more money down the line. Title contingency: The sale of the home is contingent on the title search showing no issues or concerns. However, this approach can be risky.

Inspection contingency

Redfin

AUGUST 5, 2025

Consider your options As you consider buying a house with your child, remember there are plenty of ways to help your offspring find a new home without actually appearing on the home’s title. Whose name or names will be on the title ? How will this affect your relationship? How will this affect your own financial standing?

Due diligence

Rochester Real Estate

NOVEMBER 5, 2015

Quitclaim Deeds – What You Need To Know A quitclaim deed is a legal document that transfers property ownership without title guarantees. It is commonly used for specific situations such as transfers between family members, spousal transfers, divorce cases, trust transfers, and title corrections.

Title

AAOA

MAY 5, 2025

So, its critical to do your due diligence. Do Your Due Diligence Carry out a comprehensive inspection before finalizing the purchase to avoid costly surprises. Work with your teamyour real estate agent, attorney, or title companyto handle the paperwork and wrap up the transaction.

Bankruptcy

Housing Wire

AUGUST 28, 2024

Westcor Land Title Insurance Co. The title firm has launched val-ID by Westcor, a tool designed to help title agents validate the identities of home buyers and sellers, according to an announcement on Wednesday. We believe val-ID will significantly benefit Westcor’s title agents and their clients.”

Title

Housing Wire

JUNE 21, 2022

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

Title

Housing Wire

JULY 10, 2024

Despite having a 100-plus-year history, the title industry is now embracing some of the newest technologies on the market, including artificial intelligence. of title and escrow professionals surveyed have already adopted generative AI solutions, according to the State of AI in Title and Escrow published this week by Qualia.

Title

Housing Wire

SEPTEMBER 14, 2021

Nationwide Title Clearing , one of the country’s largest mortgage document prep companies , is to be acquired by settlement services firm Covius Holdings. Founded in 1991, Florida-based NTC also does collateral research and property reports; capital markets transactions and file services; and default servicing and title curing.

Title

Housing Wire

MARCH 2, 2021

HousingWire: What are some due diligence and underwriting challenges loan originators face today? Steve Greenfield: Lenders have always faced certain challenges when meeting necessary due diligence and providing accurate underwriting services. With the pandemic, they can be even more difficult these days.

Title

Housing Wire

MARCH 21, 2022

Most title business owners dream of the day they can sell the firm they’ve built for the maximum multiple. Although it might be their dream to sell, title business owners cashing in on the decades of blood, sweat and tears they spent building their businesses often face challenges. to ensure your vision is objective.

Title

Housing Wire

APRIL 16, 2021

As the refinance wave gives way to a purchase market, consolidation is already upon us – even in the title industry. Even someone who’s done this before can always stand to have a little expert help when dealing with entities as complex as title companies in this regulatory scheme. The post M&A in the title industry?

Title

Housing Wire

MAY 26, 2023

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We The scammer then impersonates the notary and returns falsified documents to the title firm or closing attorney involved in the transaction. The title firm then transfers the closing proceeds to the scammer.

Title

Housing Wire

MARCH 15, 2024

After all, a successful affiliated title operation brings not only the potential for new business but, done well, an opportunity to control more of the transaction, bringing with it the possibility for improved customer experience and better cost controls. Not to mince words: title is hard. Instead, they’re leaving money on the table.

Commercial

Housing Wire

MAY 20, 2022

That’s why due diligence is a critical element of every mortgage transaction. The purpose of due diligence is to protect lenders by reviewing and verifying all information provided by borrowers to eliminate fraud and other concerns. Of all the factors required for a due diligence review, accuracy is the most critical.

Due diligence

Housing Wire

DECEMBER 6, 2023

In the letter addressed to FHFA Director Sandra Thompson , the CHLA says that it supports the use of AOLs in lieu of title insurance , “in conjunction with Enterprise mortgage loans, subject to reasonable standards.” We are not asking [to] supplant title insurance, we are asking to try to create this as an option.”

Title