Housing Wire

APRIL 17, 2023

These innovations have helped — not hindered — title professionals offering the same, robust coverage and protection that homeowners have depended on for over a century. Some vendors push alternative title insurance products that are marketed as cheaper options. Not all innovations are created equal.

Title 448

Title Industrial Title search Technology 448

Housing Wire

MARCH 1, 2024

For example, recently, Fannie Mae has focused on expanding alternatives to title insurance as a way to supposedly increase homeownership affordability. For example, recently, Fannie Mae has focused on expanding alternatives to title insurance as a way to supposedly increase homeownership affordability.

Title 466

Title Title search Industrial Closing costs 466

RIS Media

JANUARY 16, 2022

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. The easiest way to escape these issues is to make a property title search. What Is a Clear Title?

Title search 124

Title search Title Inspection Agents 124

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.

Title 418

Title Land Title search Closing 418

Housing Wire

JUNE 24, 2021

Jeremy Wohlford will be the company’s new title examiner. Colliver began her career as a title examiner and manager in the title industry with Fidelity Title. Since 2000, TitleWave has delivered more than 6 million title search reports to over 12,000 customers, the company said.

Title 401

Title Title search Technology Closing 401

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.

Title 397

Title Title search Land Industrial 397

Housing Wire

JANUARY 19, 2023

Title insurance is one such proven product with a long history of protecting homeowners’ right to property. According to economist Hernando de Soto, the author of The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else , title insurance is the key to unlocking wealth in America.

Title 476

Title Title search Industrial Land 476

Housing Wire

MAY 27, 2021

SoftPro has named title and escrow veteran Gorkem Kuterdem its new chief technology officer, the company announced Thursday. Kuterdem has more than 15 years of experience specific to the title industry, previously serving as senior vice president for strategy at Adeptive Software and former CTO for WFG National Title Insurance Co.

Title 370

Title Title search Lending Land 370

Realty Biz

DECEMBER 15, 2021

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. We will take a look at the things you need to know about a title search and how it works.

Title search 113

Title search Title Due diligence Bankruptcy 113

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. Title search: How to check for property liens. An early title search allows you to resolve complications ahead of time for a smoother sale.

Title search 111

Title search Title Closing Loans 111

HomeLight

AUGUST 26, 2020

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. A property title search is an easy way to avoid delays in your closing. What is the property title?

Title search 96

Title search Title Bankruptcy Land 96

Housing Wire

OCTOBER 13, 2022

Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. This is a top priority for ALTA.”. In some ways it could cost them more.

Title 414

Title Closing costs Title search Closing 414

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.

Title 468

Title Industrial Title search Technology 468

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.

Land 128

Land Due diligence Title search Finance 128

Housing Wire

JUNE 8, 2023

“The title I have used to frame this discussion for the past few months is ‘storm warning or calm seas?’” Is this a big deal or not a big deal for those of use in the title industry and the real estate industry generally?” Many in the title industry would argue that Fannie Mae ’s acceptance of AOLs is a big deal.

Title 369

Title VA loan Title search Commercial 369

Housing Wire

MARCH 27, 2023

Fannie Mae and Freddie Mac, which have been in conservatorship since 2008, have long required title insurance policies on loans they purchase from lenders. This is because title insurance provides the most comprehensive protection of property rights. Title insurance is regulated at the state level.

Title 321

Title Title search Banks Land 321

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. Land Easements.

Land 128

Land Purchase and sale agreement Due diligence Title 128

HomeLight

JUNE 19, 2023

It’s a plot of land. It makes you wonder: what’s the process for buying land with cash? Get Started Step 1: Find the land for sale You won’t always be lucky enough to drive past a plot of land that’s the perfect investment opportunity for you. There are real estate agents who specialize in land plots.

Land 111

Land Proof of funds Purchase and sale agreement Title 111

HomeLight

APRIL 18, 2024

But if the word easement comes up in a title search when buying or selling a house, questions can arise. A property easement grants a person, organization, or government the limited right to use your land for a specific purpose. It does not grant ownership but rather land-use permissions and possibly restrictions.

Title search 111

Title search Land Title Agents 111

Realty Biz

OCTOBER 12, 2021

We offer you here all the valuable data to search your future home’s history in an easy and pleasant process. The property history search is not beneficial only to outline its unique charms. Where Does The Property History Search Start? US Realty Records is a service for property history search online.

Due diligence 139

Due diligence Title search Land Title 139

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. A house can hold a lot of history. Find Agent What can you learn from property records?

Title search 116

Title search Bankruptcy Title Land 116

HomeLight

MARCH 31, 2022

Ninety-five percent of buyers searched online to find additional information about homes they were considering purchasing, according to the National Association of Realtors’ 2021 Profile of Home Buyers and Sellers. Is the title clear of liens ? A title should tell you the age of the house and whether it has ever been remodeled.

Title 140

Title Land Title search MLS 140

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.

Title 111

Title Title search Bankruptcy Due diligence 111

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. But what really goes on during a property history search? A title search is very important.

Title search 111

Title search Title Homeowner’s association Land 111

Real Trends

MARCH 9, 2022

As we approach the beginning of home-buying season, with many buyers deciding on the purchase of their largest investment yet, title insurance is essential, giving homebuyers peace of mind and confidence that their property rights are protected. Why title insurance? The COVID-19 pandemic fundamentally changed the way we view our homes.

Title 109

Title Title search Land Closing 109

HomeLight

OCTOBER 30, 2020

If you’re looking to buy a home, you’ve probably heard that cash is kind of a big deal in real estate. 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. But is the cash closing process always seamless? Why do sellers love cash so much? Because it’s fast.

Closing 116

Closing Inspection contingency Title search Purchase and sale agreement 116

Realtor.com

OCTOBER 29, 2020

Clear the title. When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. But clearing title will ensure this doesn’t happen, says Marc Israel , president and chief counsel of MiT National Land Services, a title company in New York City.

Closing 139

Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

JULY 31, 2020

Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. It almost certainly will not move as quickly as anticipated. While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two. Loan approval.

Closing 119

Closing Purchase and sale agreement Title search Earnest money deposit 119

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.

Land 100

Land Title Residential Development 100

HomeLight

NOVEMBER 10, 2021

If a buyer uses an agent, a seller may also be asked to pay all or part of the buyer’s agent commission. Who pays closing costs when selling a house depends on what’s custom for the location where the property is sold as well as how negotiations unfold. Source: (Shot by Cerqueira / Unsplash). Buyer’s agent fee (~3%). When FSBO buyer is known.

Closing costs 111

Closing costs Closing Title Title search 111

HomeLight

JUNE 30, 2021

There’s more that goes into making an offer besides landing on a purchase price. Making an offer on a house without a Realtor® or a real estate agent is kind of like trying to represent yourself in a court of law — it’s possible, but it’s not a good idea. Source: (KAROLINA GRABOWSKA / kaboompics). What’s a Realtor?, and what’s an agent?

Purchase and sale agreement 98

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

HomeLight

SEPTEMBER 9, 2020

As you search for a home, remember that cosmetic details, like the color of paint on the walls or the landscaping out front, are easy and inexpensive to change. Buying a house with cash is a process, though, and it doesn’t always make sense. Buying a house with cash: The process. Get the cash together. Find your house.

Inspection contingency 116

Inspection contingency Inspection Proof of funds Title 116

HomeLight

APRIL 6, 2023

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal or tax advice. If you need assistance navigating the legalities or tax implications of selling a house in California, HomeLight always encourages you to reach out to your own advisor. What's Your California Home Worth?

Title 105

Title Title search Agents Sales 105

Marco Santarelli

AUGUST 28, 2020

But with a 1031 exchange , you get to defer paying those taxes if you reinvest the proceeds in a new property, making an “exchange” rather than a sale. It’s just that this transaction is subject to some strict regulations, so you’ll need to follow the 1031 exchange rules to the letter. There are many investors who would like to do a 1031 exchange.

Investor 137

Investor Purchase and sale agreement Title Land 137

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. Shop around for the best deal.

Title 98

Title Closing costs Title search Closing 98

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? What does Contingent Mean?

Backup offer 111

Backup offer Sales Home sale contingency Earnest money deposit 111

HomeLight

JUNE 14, 2022

If you’re like most people in Seattle, your house is the single most expensive asset you own. When you decide to sell, it’s a big deal. You might decide that it’s time to pack up and move to another state, relocate to the ‘burbs, or downsize to meet your needs. The Seattle market continues to sizzle with a DOM of just 33 days.

Seller concession 119

Seller concession Closing costs Agents Closing 119