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Why lenders should be asking for a title check at loan application

Housing Wire

Now, it’s not uncommon to find these and other potential issues during the title search and curative process. But traditionally, this depth of information isn’t provided until after title is ordered and the commitment is returned. We began by integrating directly with our title partners’ core production systems.

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

Housing Wire

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value.

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

HomeLight

Top iBuyer companies include Opendoor, Offerpad, Redfin Now, and HomeLight (we offer iBuying services through our Simple Sale platform). An iBuyer uses technology to value the home, sometimes performs a walkthrough, and may adjust the price based on the cost of needed repairs. One house, two different sales (iBuyer vs. agent).

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Can AI launch the title industry into the future in 2024?

Housing Wire

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse. “I The title industry has worked hard over the last few years to shed that reputation. Data extraction from documents is a great application of generative AI.

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

HomeLight

We also include information about HomeLight’s Simple Sale platform, an online home-selling program that provides competitive all-cash offers for homes across the country. An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly. What is an iBuyer?

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

HomeLight

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. 24, you can expect to close on the sale of your home somewhere between the end of February to mid-March. Source: Ice Mortgage Technologies , Data for Sept. 1 and accept an offer on Jan.

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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.