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How Long Does a Title Search Take

RIS Media

It would be best to make sure that the property you are interested in has a clear title. However, always keep in mind that problems with the property titles generate most issues experienced during real estate transactions. Why Do You Need a Title Search.

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How Does a Title Search Work

Realty Biz

When you’re buying a home, you’ll need a title search so that you can get title insurance. Title searches can also reassure buyers, making sure there is a smaller chance of problems with the title later on. What Are Title Searches?

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What Is a Property Title Search? Why It Matters for Buyers and Sellers

Realtor.com

wsmahar/iStock What is a property title search? When you sell or buy a home , a property title is essentially a fancy way of saying who has the right to own the property—and thus, to sell it. Here’s a rundown on everything you need to know about a property title search.

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What is a Title Search When Buying a House

Maximum Exposure Real Estate

Understanding a title search is a crucial aspect when purchasing a house or other real estate. The post What is a Title Search When Buying a House appeared first on Massachusetts Real Estate Exposure.

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Title Search: Your Ticket to Finding Liens on Your Property

HomeLight

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.

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Demystifying Property Title Search: Your Questions, Answered

HomeLight

Some of the elements of closing on a home can be difficult to grasp, like the property title search. Property title problems account for about 9% of closing delays , according to the National Association of Realtors. So what does a property title search entail?

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Punctual Abstract acquires Slade Title Research

Housing Wire

Punctual Abstract , which compiles and provides abstracts, title evidence and ancillary documents, such as HOA estoppels, tax certificates and municipal, announced Monday that it has acquired Mississippi-based Slade Title Research.

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Should You Buy a House During a Recession?

Rent, Buy & Sell

In a foreclosure, the lender seizes the home because of non-payment and transfers the title to its name. These searches are important because they verify that the home’s title has no issues. Recessions and falling home prices aren’t anything new.

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What Happens If I Have a Lien on My House?

Realtor.com

Before a property sale can go through, a title company is brought in to find out whether or not a seller has the legal right to sell the property. The lien may also be the previous homeowner’s responsibility, but went undetected during your own title search when purchasing the house.

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ALTA: Protecting property rights with title insurance

Housing Wire

For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Title insurance is different than most other insurance products.

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Mortgage Tech Demo Day: Title Leader

Housing Wire

Title Leader. Title Leader is designed specifically for default services law firms, whether you have a captive title company or not. We’re a workflow automation platform AND a national title search vendor. Industry-first automation of the 11, mandatory steps of the title-search handling process… AND you gain access to our search-fulfillment partner, which serves all national title insurance underwriters.

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Mortgage Tech Demo Day: Altisource

Housing Wire

They offer HomeVal, a Premium Title and Springhouse® Valuations’ Hybrid solution, providing a full suite of customizable, low cost products delivering precise title search, property photos and valuation data with greater speed and ease. Altisource.

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DataTrace integrates with title software SoftPro

Housing Wire

Title automation company DataTrace has announced an integration with SoftPro , a real estate closing and title software company, which will allow SoftPro users to access over 560 title plants, nationwide tax and recorded property data, and more than 7 billion document images.

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DataTrace’s TitleIQ leverages automation to reduce human error and further streamline processes

Housing Wire

Every real estate transaction—whether it is backed by a mortgage or is an all-cash deal—requires a determination of ownership and a clear transfer of title. That said, many companies still rely on legacy systems and manual processes to procure, search, and examine title.

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AmTrust Title introduces MidPoint

Housing Wire

New York-based AmTrust Title Insurance Company on Tuesday introduced MidPoint , its new title closing solution enabling title agents to work outside their geographic areas to serve clients nationwide. AmTrust Title is a wholly owned subsidiary of AmTrust Financial Services, Inc.

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As title insurance volume shrinks, workers take on more tasks

Housing Wire

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. That’s according to PropLogix ’s fifth annual “State of the Title Industry” report.

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Payload partners with PDS to integrate SoftPro

Housing Wire

The integration also aims to tackle the payment procedure during a real estate closing, in which several parties receive payments through sources like broker/agent commissions, underwriter fees, title search fees, taxes, payoffs and seller proceeds.

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Closing costs: Here’s how much money you really need to buy a house

Housing Wire

Title Search Fee. Property title searches are performed during the closing process and uncover all available information about a property. The title search fee typically ranges between $75-$200. Title Insurance.

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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

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.

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The title industry’s role in uncertain times

Housing Wire

Title insurance is one such proven product with a long history of protecting homeowners’ right to property. Before title insurance, property rights were not guaranteed. Title insurance is — and will always be — essential. Industry Voices Title title industry Title insurance

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If you haven’t refinanced yet, is it still worth it?

Housing Wire

There’s also a chance your lender will require another title search and title insurance, which would add to your costs. Mortgage rates vary. Take the pandemic, for example. Interest rates were at an all-time low last year, which is why the housing market saw such a spike.

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ATA National Title Group expands footprint in Michigan

Housing Wire

While large title insurers like Stewart , First American and Old Republic have been making headlines for their voracious acquisitions appetite, smaller players too are looking to expand their piece of the pie. The firm will be rebranded as Absolute Title Agency.

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Qualia courts proptech firms with title, escrow offering

Housing Wire

Digital closing platform Qualia announced Wednesday the release of “Qualia Scale,” a software program that allows proptech companies to attach title & escrow to their core offerings. How hybrid title and valuations help increase lending efficiency.

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How hybrid title and valuations help increase lending efficiency

Housing Wire

HW: How can integrating title and valuation data points alleviate those pain points? It combines the proven services and expertise of Premium Title and Springhouse Valuations to provide a full suite of customizable products focused on the home equity lines of credit (HELOC) market.

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SoftPro names Gorkem Kuterdem CTO

Housing Wire

SoftPro has named title and escrow veteran Gorkem Kuterdem its new chief technology officer, the company announced Thursday. It’s been a busy month for SoftPro, which in early May announced an integration with title automation company DataTrace.

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House Deed vs Title: How to Keep Their Meanings Straight

HomeLight

House deed vs. title: what’s the difference between the two? Perhaps the biggest myth is that the title to a home is an actual document stored in a drawer somewhere. Both of their names were on the title. What is a title? Other terms related to title. Title search.

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Qualia announces DataTrace integration

Housing Wire

Qualia announced Monday a new integration with title automation company DataTrace , giving Qualia Marketplace users direct access to DataTrace products and services without leaving the platform.

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Biden tax credit to rehab homes is finally unveiled

Housing Wire

How hybrid title and valuations help increase lending efficiency. Why use several vendors for title searches, appraisals and underwriting when you can use one?

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Stewart continues acquisition frenzy with Signature snag

Housing Wire

Signature Closers provides self-service signing support for title companies and lenders via an eNotary-capable network of notary signing agents and attorneys. How hybrid title and valuations help increase lending efficiency.

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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.

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How to Understand Real Estate Underwriting

Realty Biz

Get a Title Search and Title Insurance Before the lender will approve your home loan application, they need to confirm who the current owner of the property is. A title search examines public records to determine the property owner.

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RamQuest integrates with SearchCONNECT

Housing Wire

The new integration will enable customers to place online orders for SearchCONNECT’s title search and policy-typing solutions without leaving the RamQuest website, said Laura Mowrer, RamQuest senior vice president of product operations and business integration.

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With new CEO in tow, Proper Title plans national expansion

Housing Wire

Judd Hoffman has been hired as chief executive officer for Proper Title LLC , an Illinois-based title insurance agency that’s backed by top independent real estate brokerage @properties. How hybrid title and valuations help increase lending efficiency.

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Spruce offers fully underwritten title commitment

Housing Wire

Real estate tech company Spruce announced a joint project Tuesday with insurtech platform Digital Partners and American Digital Title Insurance Company to offer a fully underwritten title commitment that it says can be completed in minutes.

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Blend breaks into title insurance with latest acquisition

Housing Wire

The title insurance and settlement services provider was originally bought b y Solutionstar Holdings , an indirect wholly-owned subsidiary of Nationstar Mortgage Holdings (Mr. It makes the title firm a good match as Blend looks to scale its operations.

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