Housing Wire

DECEMBER 5, 2022

The last two years was like drinking from a fire hose and we’re back to more like 2019 levels right now,” David Townsend, the president and CEO of Agent’s National Title , told attendees listening to PropLogix’s State of the Title Industry report webinar Thursday afternoon. “I

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Housing Wire

APRIL 18, 2022

At the federal level, the TILA-RESPA Integrated Disclosures (TRID) rule sets strict guidelines for the way title and settlement fees are disclosed to consumers, the timing of those disclosures and when changed circumstances allow for alterations to the disclosures. Consumer shopping and education is vital.

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HomeLight

NOVEMBER 1, 2021

To learn about the process of finding property liens, including how to search for liens yourself, we spoke with two pros with field expertise in the matter: Charity Murow is an Illinois-based senior underwriting counsel for Proper Title. Title search: How to check for property liens. How a professional title search works.

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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.

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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. Not only did it take a lot of time, but it cost a lot of money.

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Housing Wire

DECEMBER 26, 2022

Many in the title insurance industry reported record years in 2021, but while experts were predicting things to slow down in 2022, the suddenness at which the market cooled was unexpected, or as Jodi Ketchersid, a Destin, Florida-based Corcoran Group agent said: “It was like, ‘Holy cow! What happened to the market?’”.

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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.

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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. To help the project run smoothly, you can hire a specialized real estate agent to help. In both the U.S.

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HomeLight

JUNE 19, 2023

It’s a plot of land. It makes you wonder: what’s the process for buying land with cash? Step one: Talk to a few buyer's agents! Tell us a little bit about your plans (where you’re looking to buy and when you want to make a purchase) and we’ll connect you with top-rated buyer’s agents in your area.

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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. It does not grant ownership but rather land-use permissions and possibly restrictions.

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Title search Land Title Agents 111

Realty Biz

OCTOBER 12, 2021

Real Estate agents refer to this as the due diligence period in real estate. In some states, real estate agents are not required to disclose such things. Where Does The Property History Search Start? Title Search. A title search is often a standard step in the home purchase process. Land Survey.

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HomeLight

DECEMBER 19, 2023

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. Find Agent What can you learn from property records?

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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.

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Real Trends

MARCH 9, 2022

While title insurance may be less understood by homebuyers, who may see it as just another fee involved in the closing process, it’s important for them to understand the many benefits title insurance provides and the dangers that can be incurred without it. Why title insurance? Low loss rates are good for consumers.

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HomeLight

OCTOBER 30, 2020

All-cash offers are beloved by sellers and real estate agents alike — and they’re more than three times as likely to be chosen from the pack. We talked to two top real estate agents to walk us through what can hold up even an all-cash deal. The title isn’t clear. But is the cash closing process always seamless? Not always!

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Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. As the home buyer of this piece of real estate, you’re entitled to choose the title company. Plan to sign a ton of paperwork.

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HomeLight

NOVEMBER 10, 2021

When you sell your house without the help of a real estate agent, you’ll save money on commission fees but won’t escape closing costs entirely. 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. Buyer’s agent fee (~3%).

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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. Typically, a plat map can be found somewhere in the pile of papers your title company presents to you at closing. Not all homes are platted.

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HomeLight

APRIL 6, 2023

California transfer taxes A transfer tax is a transaction fee tacked onto the sale of any land or real property. HomeLight makes it easy to connect with a top real estate agent or broker in your area of California. Agents don’t pay us to be listed, so you get the best match. per $1,000). Our service is 100% free, with no catch.

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HomeLight

JUNE 14, 2022

Ann Nordling , a top real estate agent from Seattle who works with over 70% more single-family homes than the average area agent, notes the cost to sell a house in Seattle will vary on a case-by-case basis within a changing market. An experienced Seattle real estate agent will know what needs to be fixed and what you can skip.

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HomeLight

SEPTEMBER 1, 2022

With the help of top agent David Landau , who works with 68% more single-family homes than the average agent in Newtown, Connecticut , we’ve put together a comprehensive guide that breaks down all the ins and outs of buying a house in the Constitution State. Find a local Connecticut agent. Find a Buyer's Agent in Connecticut.

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Realty Biz

NOVEMBER 11, 2020

How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending. Will the buyer have an exceptional real estate agent? For a real estate agent, terms like contingent come as second nature.

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HomeLight

JUNE 9, 2023

you probably already know you’ll need a down payment , and to talk with a loan officer and real estate agent at some point. A top local real estate agent will have tons of knowledge about your area and can offer a wealth of advice on how to navigate the whole process. Not sure you need an agent? First thing: Talk to an expert!

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Redfin

MARCH 3, 2022

Fortunately, you have a few options and your real estate agent will advise you on the best plan to resolve the situation and avoid a delayed closing. Clouds on the title. Before you can close the deal, you’ll need to make sure that the title is clear. You can ask the seller to lower the price. ” 5.

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HomeLight

AUGUST 31, 2021

It details the funds owed to real estate agents collecting commission from the sale, local governments owed taxes and recording fees, and final charges going to the lender. However, the settlement form developed by the trade group ALTA (American Land Title Association) is widely used across the nation for real estate transactions.

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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.

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Realty Biz

JUNE 14, 2023

While a title search could uncover potential problems, not everything can be caught. Many problems could affect the title of a home, including the following: Mortgage fraud. No law requires you to purchase an owner's title policy if you don't want to. Who Has to Pay for Title Insurance?

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Redfin

AUGUST 27, 2021

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. Maps: Maps can show you how the area, land, property, and street layout have changed over time. The short answer is yes.

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HomeLight

AUGUST 16, 2021

And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. To navigate the short sale process, you’ll need an experienced real estate agent and lots of patience. To navigate the short sale process, you’ll need an experienced real estate agent and lots of patience. Finding an experienced agent.

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HomeLight

SEPTEMBER 1, 2022

With the help of Daniel Real , a top agent in Modesto, California who works with 75% more single family homes than the average Modesto agent , we’ll give you the information you need to succeed as a California homebuyer. Real Estate Agent. Real Estate Agent at PMZ Real Estate. Find a local agent. Daniel Real.

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HomeLight

APRIL 30, 2021

1 buyer is obviously the cash buyer” explains top Long Beach , California agent Ramon Sanchez , who works with 77% more single-family homes than the average area agent. “So Mortgages are essentially really cheap for OPM — which is short for other people’s money,” explains top California real estate agent Jordan Clarke.

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Due diligence Finance Proof of funds Earnest money deposit 105

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. .

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HomeLight

AUGUST 31, 2021

Clear title: The cash buyer will require a title search to make sure that you can convey the property free and clear of any clouds or judgments against the property, such as mechanic’s liens, unpaid taxes, or boundary encroachments. Request Cash Offer. Ask for proof of funds and EMD. What about ‘We Buy Houses?’®.

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HomeLight

JULY 31, 2021

When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Work with a real estate agent.

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HomeLight

JUNE 30, 2022

Real Estate Agent. Real Estate Agent at MARRO REAL ESTATE. Title and escrow fees and additional costs associated with your mortgage can all come as a surprise to first-time homebuyers. Title search fee. A title search fee covers the costs of that work and is typically in the ballpark of $200.

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HomeLight

SEPTEMBER 16, 2021

HomeLight can introduce you to a top real estate agent in your neighborhood for an expert opinion on what your home is worth so you can make sure you’re getting a fair price. . Skip the repairs, prep hassles and agent commissions. Consult with a top real estate agent. Online search. Need help making a final decision?

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Realtor.com

DECEMBER 11, 2017

To hire—or not hire—a real estate agent. It can be tempting to bypass the regular process of hiring a real estate agent to broker the deal. “Virtually the only time I can recommend people sell a home on their own without agent representation on both sides is when selling to a family member or friend,” Hendon says.

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