Housing Wire

FEBRUARY 23, 2023

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies.

Title

Housing Wire

DECEMBER 5, 2022

“Every year since I have been in this role and even before that, attracting and retaining talent has been one of our top strategic priorities,” Diane Tomb, the president of the American Land Title Association, said. “We We do have an aging work force and it is something that we think about a lot.

Title

HomeLight

NOVEMBER 1, 2021

Open liens could affect your home sale because a new owner would become responsible for the property debt if you transfer title without clearing the lien. Also, a title insurance company will exclude coverage for any liens that cloud, or negatively affect, the property’s title. Source: (Surface / Unsplash).

Title search

Housing Wire

DECEMBER 27, 2023

“I always joke that we work in an industry that literally researches the past, and because of that, sometimes, I feel like our marketing, sales, and technology live there too,” Sam Trimble, vice president of strategic growth and development at Fidelity National Financial , said.

Title

Realty Biz

FEBRUARY 19, 2024

Buying land represents a pivotal investment in one's future. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives.

Land

Realty Biz

JUNE 15, 2022

Things to Find Out Before Purchasing Land. Buying land can be an exciting and profitable investment. Real Estate agents are asked important questions all the time as it pertains to land. We will look at six questions that should be asked when buying land. What to Ask Before Buying a Piece of Land. Land Easements.

Land

Point2Homes

NOVEMBER 16, 2022

Owning your own plot of land is a dream come true for many of us. But, if you’re ready to make that dream a reality, you might be wondering exactly how to go about buying land. Find a Plot of Land. They’ll have access to even more search tools and can guide you through the entire process. In both the U.S.

Land

HomeLight

JUNE 19, 2023

It’s a plot of land. It makes you wonder: what’s the process for buying land with cash? Get Started Step 1: Find the land for sale You won’t always be lucky enough to drive past a plot of land that’s the perfect investment opportunity for you. There are real estate agents who specialize in land plots.

Land

Housing Wire

DECEMBER 26, 2022

It starts with education because you can’t expect the consumer to educate themselves on this problem,” Matt Kilmartin, the vice president of sales at CertifID, said. Title is at the middle of the transaction, but that doesn’t mean it should bear all of the responsibility.”.

Title

HomeLight

APRIL 18, 2024

But if the word easement comes up in a title search when buying or selling a house, questions can arise. Will an easement impact your home sale or purchase? A property easement grants a person, organization, or government the limited right to use your land for a specific purpose. What is an easement in real estate?

Title search

Realty Biz

OCTOBER 12, 2021

You only enter the respective address, and it will search numerous databases. This service can provide you with information on any previous assessments, state, town, previous sales. This is a good and consistent base to start your search with. Title Search. Land Survey. Any Books on the Area.

Due diligence

HomeLight

DECEMBER 19, 2023

A top real estate agent can serve as an invaluable transaction coordinator during steps like the title search and deed transfer. Major changes” can include sales or transfers of ownership, tax liens , and changes to the home’s square footage if there have been additions to the property.

Title search

Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

Backup offer

HomeLight

DECEMBER 23, 2021

Essentially, title and deed are both related to the important question of who truly owns a particular piece of real estate and has the rights to it. Let’s take a deeper look at what a house title is; the different types of deeds used in real estate; and related terms including chain of title, title search, title insurance, and title abstract.

Title

Realtor.com

OCTOBER 29, 2020

If something is wrong, you can request that it be fixed—or you can back out of the sale. You have a specified time period, as stated in the sales contract, during which you have to obtain a loan that will cover the mortgage. Clear the title. It’s rarely advisable to waive an inspection contingency. Do a final walk-through.

Closing

HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? It’s a long sale.

Short sale

HomeLight

OCTOBER 30, 2020

And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. The title isn’t clear. However important title searches are, they can reveal issues that delay closing. Why do sellers love cash so much?

Closing

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. You make the money when you buy it.

Sales

HomeLight

NOVEMBER 10, 2021

The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission. of the sale price (for simplicity, let’s round up to 6%) covered by the seller in the majority of home sales. For reference, on a $250,000 home sale, that amounts to $15,000 in commission fees.

Closing costs

HomeLight

APRIL 6, 2023

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Long-term capital gains are any profits made from the sale of an asset after at least a full year of ownership. per $1,000).

Title

HomeLight

JUNE 14, 2022

Days on the market or DOM is the number of days a property has been on the market from listing until having a signed sales contract. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Get Estimate.

Seller concession

HomeLight

FEBRUARY 26, 2021

According to the National Association of Realtors®, a plat map is “a map, drawn to scale, showing the divisions of the piece of land” — that piece of land being where your home is located. The available land space to build upon for a carriage house, shed, swimming pool, or another structure or outdoor feature.

Land

HomeLight

AUGUST 31, 2021

A divorce, job move, or low bank account can all be strong motivators to go for the speed and convenience of a cash sale. You’ll still have official steps to complete and hiccups like a title defect can still arise. Why we recommend Simple Sale by HomeLight. Simple Sale is HomeLight’s version of an iBuyer service.

Proof of funds

Redfin

MARCH 3, 2022

To avoid a closing delay or, even worse, the sale falling through, it’s essential to be upfront and honest with your loan officer. The home appraisal is lower than the sale price. Clouds on the title. Before you can close the deal, you’ll need to make sure that the title is clear. How to remedy the situation.

Closing

HomeLight

AUGUST 31, 2021

It’s the moment when you can’t bear to see another piece of paper related to your home sale that you’ll receive the settlement statement — also known as a closing statement in real estate. Sellers can expect to pay between 6%-10% of the final sale price in commissions and closing costs, so it’s nice to see exactly where that money is going.

Earnest money deposit

RIS Media

FEBRUARY 21, 2021

Part of the lender’s title insurance requirements is to have a title agency check to see if there are any open claims against the home you are buying. If an issue appears before closing, the seller needs to take care of it, either with their own money or their own title insurance policy. ” 2. .

Title

Redfin

AUGUST 27, 2021

This often includes the most recent sales history listing the seller and buyer, as well as the change in ownership instrument, like a deed. Environmental info and environmental impact statements: This can give you specialized info about the land and property, including potential air pollutants, flood risk , seismic hazards, and slope info.

Land

Redfin

MARCH 3, 2022

Issues with your plat map can have lasting effects on the value of your property and how you can use your land. When comparing the two, a plot plan details a single plot of land— think of it as a close-up on just your property. Plat maps can also determine land use, such as your ability to build other structures on the property. .

Land

CT Homes

OCTOBER 28, 2021

Understanding who is responsible for paying these fees is crucial for properly valuing the sale as the buyer or seller. Especially for sellers who choose to leverage the payment of closing costs to quicken or simplify a sale, it can’t be assumed that the seller is getting off free within a successful transaction.

Closing costs

HomeLight

JULY 31, 2021

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. Good bones.

Earnest money deposit

HomeLight

SEPTEMBER 1, 2022

Whether or not you get your earnest deposit money back if you decide to back out of the sale depends on the contract. Order a title search. Connecticut can sometimes have unique title issues that you might not find in other states, especially when it comes to older properties.

Earnest money deposit

HomeLight

JUNE 9, 2023

Or the seller may present counter-offers until you can land on agreeable terms. These funds are usually delivered via cashier’s check and will be held by a title or escrow company until the sale is final. Step 15: Title search The title search is all about making sure the seller has full rights to sell the house.

Title

HomeLight

SEPTEMBER 16, 2021

Handle any unique requirements of the sale. Clear title. You know your home’s worth and you’re ready to search for a qualified cash buyer. Below are some of the most common and effective ways to find one: Use Simple Sale. You can also ask a knowledgeable real estate agent experienced with cash sales for a recommendation.

Title

HomeLight

FEBRUARY 28, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in California. Past sellers comment on fast and transparent communication from owner Marc as well as quick sales and fair offers. Simple Sale. Reviews: Simple Sale is a HomeLight platform, and HomeLight has 4.6

Closing costs

HomeLight

DECEMBER 30, 2022

Perhaps you need a fast home sale to start a new job. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. Close the sale and get paid quickly.

Purchase and sale agreement

HomeLight

NOVEMBER 10, 2022

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. We Buy Houses companies in Pompano Beach typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days.

Purchase and sale agreement

Realtor.com

NOVEMBER 28, 2022

land is located within USDA loan–eligible boundaries, where about one-third of all Americans currently reside. Homes for sale listed on Realtor.com will typically indicate if they’re eligible for USDA loans.). “They include fees for things like home appraisal , mortgage processing, and title search.”

Loans