Housing Wire

JULY 28, 2022

What can lenders do to help borrowers facilitate a sale, protect the equity in their home, and potentially remain in their home following the sale by negotiating a leaseback option? 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.

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Housing Wire

MARCH 1, 2021

But, to date, most of the streamlining has happened at the point of marketing and sales. In 2019, The MBA estimated that for depositories, 46% of retail origination costs were used to cover sales functions. It makes perfect sense, then, that the first priority for streamlining and improved efficiency would be sales.

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

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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. But what if an agent is required to complete that unique form on a per transaction basis, even though there’s no major technology that’s automated the process?

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Housing Wire

OCTOBER 29, 2021

This scalability includes our industry-leading signing agent panel. This year, we also began offering the ability to combine EXOS Title with an option for instant digital closing scheduling with EXOS ® Close. Lenders may believe that it’s impossible to perform title searches and deliver instant title.

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HomeLight

JULY 26, 2024

A title company wears a lot of hats over the course of a home sale. Oftentimes, the title company involved must undertake extraordinary work to address title issues that can go back 50 years or more. Find an Agent to Help You Navigate the Paperwork Selling real estate is a complex task.

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Housing Wire

AUGUST 30, 2021

Flueid Decision is a patented and independent workflow application that can be embedded into the core operating systems of point of sale (POS) platforms, lender operating systems (LOS) platforms, title production systems (TPS), servicing platforms and marketplaces, to connect and simplify processes.

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Housing Wire

DECEMBER 16, 2024

The layoffs appear to be part of a broader workforce reduction focused on staff working with independent agents, including sales, audit and support roles, the sources added. The cash sale officially closed in late September. TRG did not immediately respond to HousingWire s request for comment.

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HomeLight

OCTOBER 29, 2024

If you’re about to close on your Alabama home sale, you’re likely wondering how much you’ll owe in closing costs. Nationally, sellers typically pay between 6% to 10% of the property’s sale price in closing costs. Since Alabama’s average sale price sits around $228,283 , sellers pay $13,697 to $22,828 in closing costs on average.

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RIS Media

APRIL 8, 2022

Here’s all you should know about contingent sales as a potential home buyer. An active listing means the home in question is currently on sale, and sellers are actively open to offers. If the house doesn’t get sold in the stipulated time, the sale can fail to materialize. The clause is referred to as a home sale contingency. .

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Debt-to-income ratio Title search Backup offer Home sale contingency 144

RIS Media

JANUARY 18, 2022

A title search may reveal a lien on the property, the buyer may be unable to get financing because of a low credit score or high debt-to-income ratio, or the house may appraise for less than the agreed-upon price. What Is a Pending Sale? The post What’s the Difference Between a House Under Contract and a Pending Sale?

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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?

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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. Top iBuyer companies include Opendoor, Offerpad, Redfin Now, and HomeLight (we offer iBuying services through our Simple Sale platform). Selling to an iBuyer.

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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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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? 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?

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HomeLight

OCTOBER 31, 2024

On average, sellers pay between 2% and 5% of a home’s sale price in closing costs. If you count real estate agent commissions (technically not a closing cost), the percentage increases to a range of 6% to 10%. What are examples of seller closing costs? When selling a home, you’ll encounter various closing costs as part of the process.

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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. Find a home.

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HomeLight

AUGUST 20, 2021

The average closing costs for home sellers fall between 6% to 10% of the home’s sale price. For example, a seller’s closing costs for a median sale price of $280,000 would range between $16,800 to $28,000, depending on various sale factors. Some closing costs apply to nearly every home sale. Agent commissions.

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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. You’re likely eager to get sales agreements signed and move things forward as quickly as possible. Rather than list the traditional way, request a no-obligation cash offer from HomeLight’s Simple Sale platform.

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HomeLight

JANUARY 17, 2024

A Top Agent Can Find the Right Deal For You HomeLight can connect you with a top-performing, trusted agent who has the experience to find you the right house at the right price. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

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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

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. Though short sales aren’t as prevalent today as they were following the Great Recession , they’re not impossible to find, and good deals for buyers can still be had. What exactly is a short sale? Finding an experienced agent.

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HomeLight

MARCH 2, 2023

If you’re shopping for a home in San Diego, a trusted buyer’s agent is a key member of your team. HomeLight analyzes millions of transactions and thousands of reviews to find you a proven, top-performing agent in just under two minutes. Find a Buyer's Agent What will it cost to buy a home in San Diego?

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HomeLight

FEBRUARY 27, 2021

According to HomeLight’s transaction data analysis, the national average real estate agent commission rate is 5.8% of the final home sale price. So, who pays for real estate agent commission? In the National Association of Realtors’ (NAR) 2020 survey, 77% of sellers reported that they paid for the agents’ commission.

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HomeLight

MAY 24, 2022

Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. Real Estate Agent. Real Estate Agent at Keller Williams South Shore. A cash sale: Start to finish. With a cash sale, you can skip a few steps in the typical closing process.

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Purchase and sale agreement Closing Title search Title 111

HomeLight

DECEMBER 31, 2020

You can put so much effort into prepping your house for sale that you forget what happens after you receive an offer. Putting your John Hancock on a home sale contract might feel like the completion of a major financial deal, but it’s actually just the beginning of the home sale process. What does “sale pending” mean?

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HomeLight

MARCH 6, 2023

With the help of top Bay Area agent Carl Medford , who has 22 years of experience and specializes in helping first-time homebuyers, we’ve put together a comprehensive guide that breaks down all the ins and outs of buying a house in the Bay Area. Looking to Buy Your Dream Home in the Bay Area?

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HomeLight

JULY 31, 2020

There’s a house for sale that you want to buy. In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. Problems with the title. Easy, right?

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Closing Purchase and sale agreement Title search Earnest money deposit 119

HomeLight

MARCH 31, 2021

The Georgia Association of Realtors reports that closing costs in Georgia typically range 5% to 10% of the home’s sale price. For a deep dive on Georgia closing costs, we partnered with top Brunswick listing agent Valerie Burnett , who sells 45% more homes than the average local agent. Title search fee.

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Closing costs Closing Purchase and sale agreement Title search 105

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 111

HomeLight

NOVEMBER 9, 2021

The sales price of your home may appear to offer a good profit margin, but before you start putting those expensive items from your wishlist into your shopping cart, first you must subtract all the closing costs New York homeowners have to pay. On average, New Yorkers deduct 8% to 10% of the final sales price to cover closing costs.

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HomeLight

JANUARY 5, 2022

Real Estate Agent. Real Estate Agent at The Kaminsky Real Estate Group. Do: Consider hiring a real estate agent. Hiring a real estate agent is not compulsory when you sell a house to a friend. It’s always tougher to negotiate with a friend,” says Edward Kaminsky , a top real estate agent in Los Angeles County. “If

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HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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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? You only enter the respective address, and it will search numerous databases. Title Search.

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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

MARCH 9, 2022

This step is commonly referred to as a title search , title review, or property history search — but by any name, it involves delving into the formal records of a home and the property on which it sits. A title search is very important. Real Estate Agent. Real Estate Agent at @properties.

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Realty Biz

FEBRUARY 19, 2024

Being a real estate agent for the last thirty-eight years, I have had numerous experiences selling land. The real estate attorney you are using should conduct a title search to ensure no liens against the property. Look at comparable sales in the area. Land sales are far more complex than buying a home.

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