Housing Wire

MARCH 31, 2021

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. Robert Karraa, President.

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Housing Wire

DECEMBER 5, 2022

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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Housing Wire

OCTOBER 27, 2023

The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts. One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company.

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Housing Wire

APRIL 6, 2021

But not everybody has the ability to tap friends and family or investments when the appraisal and the final sale price don’t match – many deals have fallen apart as a result, loan originators and real estate agents said. How hybrid title and valuations help increase lending efficiency. Streamline by combining services.

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Housing Wire

MARCH 9, 2021

Why use several vendors for title searches, appraisals and underwriting when you can use one? That general principle holds true for the title and settlement services space as well. I have, myself, owned and managed numerous title businesses through the decades. But I’m surprised how many treat this as a threat.

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Housing Wire

MARCH 29, 2021

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. DataTrace provides title search and automation solutions to the title and settlement service industries.

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Housing Wire

APRIL 2, 2021

White label title insurance franchise Proliant Settlement Systems announced Friday the acquisition of Great Northern Title Insurance Agency (GNTIA) in Michigan as a franchisee. The move expands Proliant further into Michigan, where it has close to a dozen franchise title firms. It also operates in Florida.

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Housing Wire

MARCH 28, 2024

More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” Yes, the process of orchestrating the collaboration of lenders, appraisers , home inspectors, one or two real estate agents, a title insurance company, and possibly others is complex.

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Housing Wire

MARCH 15, 2021

It makes the title firm a good match as Blend looks to scale its operations. How hybrid title and valuations help increase lending efficiency. Why use several vendors for title searches, appraisals and underwriting when you can use one? Streamline by combining services. Presented by: Altisource.

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Housing Wire

MARCH 31, 2022

They identified title & escrow as the central party in the transaction that could provide a connective glue. We believed that by empowering title and escrow operations, the central nodes of the transaction, we could connect workflows for lenders and real estate agents as well,” Baker said.

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Housing Wire

MAY 21, 2021

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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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. Rick Ruiz is a seasoned real estate agent and single family home (SFH) expert — working with over 70% more single family homes than the average Las Vegas agent.

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Housing Wire

NOVEMBER 22, 2023

More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” The process of orchestrating the collaboration of lenders, appraisers, home inspectors, one or two real estate agents, a title insurance company and possibly others is complex.

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Housing Wire

FEBRUARY 28, 2022

The title insurance industry is built on service. So, what happens when it becomes much more difficult for title agents to find, recruit and hire the skilled labor so necessary to their core functions? All of this adds up to a disheartening response rate when title employers seek to add employees. We will soon find out.

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Housing Wire

SEPTEMBER 1, 2022

However, while the title space has made tremendous strides in recent years, there is still a tremendous amount of “button mashing” being done. Increasingly, manual processes in title workflows are being eliminated with customized bots and AI. The first example is a well-known headache for title firms.

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Housing Wire

APRIL 18, 2022

When the COVID-19 pandemic shut the country down in 2020, title and settlement professionals were deemed essential and continued to help consumers purchase homes and refinance mortgages. Protecting homeowners is always at the center of the title insurance industry’s core values: to lead, deliver and protect. We share these goals.

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HomeLight

OCTOBER 31, 2024

If you count real estate agent commissions (technically not a closing cost), the percentage increases to a range of 6% to 10%. If you have questions, reach out to your listing agent, attorney, or the closing company, and they should clarify any uncertainties. What are examples of seller closing costs?

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Housing Wire

MARCH 1, 2021

Let’s admit it. The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing.

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Housing Wire

DECEMBER 27, 2023

The title industry has worked hard over the last few years to shed that reputation. It has begun to adopt and integrate more and more technology into the title search and production process. While many in title are optimistic about the advances AI could help the industry make, there are certainly some concerns.

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Housing Wire

OCTOBER 29, 2021

This scalability includes our industry-leading signing agent panel. HW: How has the title process evolved as a result of these conditions? We’ve invested hundreds of millions of dollars in leading-edge title technology – and our teams of top data scientists, inventors and engineers ensure our processes are as automated as possible.

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Housing Wire

JULY 28, 2022

Identifies Any Title Problems : Searches the property’s chain of title to identify any potential problems that may slow down the sale of the property. HousingWire recently spoke with Phil Johnsen, SVP/GM Servicing & Real Estate Solutions at Altisource, about how Altisource’s Equity Sheild can help.

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Housing Wire

AUGUST 30, 2021

Title is the key to unlocking the transaction slowdown. While much innovation has been focused on the upstream, consumer-facing processes, one of the industry’s largest transactional quagmires – title – remains largely untouched. Technology harnesses desperation to fuel the change that drives the consumer experience.

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HomeLight

NOVEMBER 19, 2024

Whether you’re a first-time buyer or a seasoned seller, understanding what a title company does and how it protects your transaction is key to avoiding costly surprises. In this unsponsored guide, we’ll break down the essentials about title companies, their services, and how to choose a good one that fits your needs.

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HomeLight

FEBRUARY 20, 2025

Youve just found your dream home and are finalizing your offer when your real estate agent calls with concerning news. Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want.

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HomeLight

SEPTEMBER 13, 2024

Your buyer is asking you to pay for their title insurance, but this policy protects them, not you — so what gives? In some states, it’s customary for sellers to pay for their buyer’s title insurance at closing. Find an Agent to Help You Navigate the Paperwork Selling real estate is a complex task.

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HomeLight

MAY 28, 2021

But, while some as-is homes are in disarray, not all of them are broken beyond repair, says Ed Verdel , a New Jersey real estate agent with over 11 years of experience. You think it’s almost too good to be true when you see one crucial caveat: It’s selling “as-is.” A seller might list a home as-is for any number of harmless reasons.

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HomeLight

JULY 26, 2024

Depending on the state, title companies also issue insurance, hold onto funds and paperwork in escrow, and serve as closing agents. Find an Agent to Help You Navigate the Paperwork Selling real estate is a complex task. Find Agent It can be tough to remember who does what and keep all the terminology straight.

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Realtor.com

SEPTEMBER 4, 2020

barisonal/iStock.com Buying a home often entails also buying various types of insurance to protect your property, and one type you might need to get is called title insurance. So what is title insurance? When you buy a home, you “take title” to it and establish legal ownership. Why a title search is required with a mortgage.

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RIS Media

APRIL 8, 2022

The title search reveals issues. Whenever you’re purchasing real estate, a title search is one of the standard boxes that must be checked. The title needs to be clean. Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Contingent meaning. These include; .

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HomeLight

DECEMBER 23, 2021

Perhaps the biggest myth is that the title to a home is an actual document stored in a drawer somewhere. So here’s a brief overview to keep the meanings straight when you buy or sell a home: Title is an abstract concept describing someone’s right to legal ownership and use of a property, including the right to sell it. Find Agent.

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HomeLight

JULY 31, 2022

One of the first steps is to pick a real estate agent to work with. But what if you decide that you don’t want to work with a buyer’s agent to buy your home? Well, welcome to your step-by-step guide to buying a home without a real estate agent. You’ve decided it’s time to buy a house ! Find a lender you can trust.

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HomeLight

APRIL 18, 2024

But if the word easement comes up in a title search when buying or selling a house, questions can arise. Find a Top Agent Familiar With Local Easements A top agent can help you avoid pitfalls involving easements. What is an easement in real estate? Will an easement impact your home sale or purchase?

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RIS Media

JULY 20, 2021

He was either prospecting or out with clients, and his nights were spent at the office completing title searches or doing admin work. After implementing his admin and seeing the positive changes, they decided to add three buyer’s agents and a listing agent as well. He spent most of his time working.

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HomeLight

JULY 11, 2024

If you’re selling an inherited house in Florida, you may be balancing the titling scales of emotions, money, and time. A title search will help determine what you need to address, and your next steps. You’re likely eager to get sales agreements signed and move things forward as quickly as possible.

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HomeLight

JANUARY 3, 2022

Whether you should use an iBuyer (instant buyer) vs. real estate agent to sell your home is a hot debate in some real estate circles. iBuyer vs. real estate agent summary. The main trade-off is that the offer could be less than what you’d get listing the home with an agent, and you’ll pay a fee for the iBuyer’s services.

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Redfin

FEBRUARY 20, 2025

On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. They cover everything from real estate agent commissions to title insurance, escrow fees, and transfer taxes. These expenses add up quickly and vary widely by location.

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HomeLight

DECEMBER 19, 2023

You might not know where to begin if you’ve never searched public records. Here’s how to search property records and navigate the online and offline documentation — including what you might want to investigate. Find an Agent to Help You Navigate the Paperwork Buying and selling real estate is a complex task.

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