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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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

Housing Wire

The buyer must wait for bank approval, secure financing, complete inspections and perform last-minute walk-throughs to ensure all necessary documents and requirements are being processed. How does a title search ensure the property is being sold without liens or encumbrances? How has technology impacted the industry?

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A look at the role instant title plays in the borrower journey

Housing Wire

HousingWire: How did the title business adapt to unique conditions caused by the pandemic, the growth of the remote workforce and low interest rates? Luckily, the technology and infrastructure we had in place at ServiceLink kept our client service uninterrupted. Quality data is key to the viability of an instant title product.

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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

Next steps include the home inspection, appraisal, and final paperwork. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Source: Ice Mortgage Technologies , Data for Sept. Complete home inspection: 5-15 days. Conventional loan.

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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. However, there still are some contingencies to clear before they can close, such as the home inspection , the home appraisal , and the buyer’s lender approving their mortgage. That was it.

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

HomeLight

They share photos of the home, complete a digital walkthrough, and have the property exterior inspected. An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly. Inspections / repairs. Title search. What is an iBuyer?

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Don’t Wait—Automate!

The Residential Specialist

Even before the days of technology, people sat down and thought about the things they did every day, every week or every month, and came up with processes that allowed them to do those things very quickly. Although you can achieve basic automation without it, technology can enhance your automation game. Masterful marketing.