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

Housing Wire

This is especially important in today’s fast-paced real estate market, where time is of the essence. What is a title in the context of real estate? In real estate, a title is a legal document that establishes ownership of a property or asset. How has technology impacted the industry?

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Opinion: The title industry supports innovation while prioritizing protection

Housing Wire

These innovations have helped — not hindered — title professionals offering the same, robust coverage and protection that homeowners have depended on for over a century. Some vendors push alternative title insurance products that are marketed as cheaper options. Strides in technology have also made closings more accessible.

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TitleWave launches Colorado branch

Housing Wire

In a flurry of moves, TitleWave Real Estate Solutions of Jacksonville, Florida has announced a new location in Colorado, two new executive hires, and the launch of its title and search report technology. Jeremy Wohlford will be the company’s new title examiner. And Pennsylvania-based Title Alliance Ltd.

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Home equity lending opportunities remain despite decline in tappable equity

Housing Wire

Utilizing automated valuation models instead of full-blown appraisals or title searches in lieu of title policies makes loan production less expensive and more rapid,” according to the report. Tappable home equity is expected to decrease to a forecasted $18.1 trillion as of the fourth quarter of 2023 from an expected $19.4

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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. This is a top priority for ALTA.”.

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iBuyer vs. Real Estate Agent: How Do the Experiences Compare?

HomeLight

An iBuyer uses technology to value the home, sometimes performs a walkthrough, and may adjust the price based on the cost of needed repairs. iBuyers generally offer much closer to market value for homes than house flippers. Sam and Diane are fortunate to be selling during a seller’s market, where homes are receiving 3.7

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iBuyer Real Estate Guide for 2022: What Is an iBuyer?

HomeLight

An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly. iBuyers tend to offer much closer to market value than other types of investors and flippers, but they also charge a service fee and are limited in the types of homes they will buy.

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