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How Mortiles use technology and vendors services to push title searches into the future

Housing Wire

As a result, professionals in the title and foreclosure industries must evolve to keep up with upcoming trends. However, long-standing challenges still persist within foreclosure firms, title and escrow companies, and title insurance underwriters. What drew you to the title search industry? We invested close to $1.5

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

Housing Wire

Understanding what expenses are required at closing to buy a house will help you budget and save more effectively. In this article, we break down exactly what closing costs are so you’re prepared when you start shopping for a home: What are closing costs? Closing costs are the thousands of dollars associated with buying a home.

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Transforming the mortgage and real estate process: Insights from Tech100 leaders

Housing Wire

Here’s what these the leaders of these organizations had to share: “ Traditionally, the insurable title process has been time-consuming and manually intensive, often delaying closings and increasing costs. For instance, the system can flag potential issues and suggest solutions, leading to faster, more accurate closings.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. When asked why it takes an average of six to seven weeks to get to closing , there are a lot of complex (and honest) answers. But there’s also room for improvement.

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12 Typical Closing Costs for Seller in Alabama

HomeLight

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

Housing Wire

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Should the appraisal come in lower than the contract price, the closing process may be impacted.

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Opinion: More should be done to shorten the average time to close

Housing Wire

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. When asked why it takes an average of six to seven weeks to get to closing, there are a lot of complex (and honest) answers. But there’s also room for improvement.

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