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

MARCH 28, 2024

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. 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?” But there’s also room for improvement.

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Closing Title Property Management Technology 472

HomeLight

OCTOBER 31, 2024

On average, sellers pay between 2% and 5% of a home’s sale price in closing costs. This document provides a detailed breakdown of all your closing costs, showing how much will go to your mortgage lender, as well as the amount you’ll receive from the sale, either through a bank transfer or check.

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Closing costs Closing Title search Title 111

Housing Wire

NOVEMBER 22, 2023

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. 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?” in question.

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Closing Title Technology Property Management 453

Housing Wire

MARCH 2, 2021

HomeVal delivers those solutions with precise title search, valuation data and current property photographs from one convenient source in a single detailed report. Also, the limited number of homes for sale currently could mean home values remain high, which will increase equity for most homeowners. It’s easy to see why.

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Title Lending Due diligence Title search 282

Housing Wire

FEBRUARY 23, 2023

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies. The bill is being considered in several states nationwide.

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Title Industrial Purchase and sale agreement Title search 476

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. It really is limitless.”

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Title Industrial Title search Technology 461

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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Equity Title Banks Title search 389

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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Title search Title Equity Agents 109

HomeLight

MAY 28, 2021

You’ll be on the hook for the entirety of those repairs, and you can’t expect any financial help from the seller if you pursue the sale. You think it’s almost too good to be true when you see one crucial caveat: It’s selling “as-is.” Red flags pop immediately into your head; you assume that can only be a nightmare. What does sold as-is mean?

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Housing Wire

MARCH 26, 2021

Judd Hoffman has been hired as chief executive officer for Proper Title LLC , an Illinois-based title insurance agency that’s backed by top independent real estate brokerage @properties. How hybrid title and valuations help increase lending efficiency. Its sales volume was $16.4 And they’re in expansion mode.

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Title Title search Brokerage Lending 289

HomeLight

OCTOBER 25, 2024

Calculating your net home sale proceeds involves many subtractions: home preparation expenses, real estate agent commission , escrow fees , title search insurance, recording fees, and on, and on, and on. Then, be sure to review your closing statement to make sure everything looks accurate.

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Closing costs Closing Title search Title 59

HomeLight

JULY 11, 2024

Before planning your next steps, you’ll want to factor in your closing costs to determine how much money you’ll actually pocket when the sale is completed. Michigan sellers usually pay closing costs ranging from 6% to 10% of the home’s sale price. These costs include title searches, title insurance, and transfer taxes.

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Closing costs Closing Title search Title 110

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? Easement dispute, easement decision, easement access — these phrases are heard more often in the news than in our homes. What is an easement in real estate?

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Title search Land Title Agents 111

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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Closing Title Marketing Title search 264

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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Debt-to-income ratio Sales Title search Finance 98

HomeLight

JANUARY 17, 2024

In the realm of real estate, “backing out” refers to the decision a buyer makes to withdraw from a home purchase after the offer has been accepted but before the sale is finalized. Buying a house is a major milestone, but what happens when you have second thoughts, or you can’t fulfill the agreement you signed?

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Purchase and sale agreement Debt-to-income ratio Title search Finance 111

Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value.

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Inspection Closing Closing costs Title search 459

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 10, 2023

In December, HousingWire spoke to Flueid about the concept of instant title and why it is a misnomer for mortgage lenders. HousingWire: HousingWire recently spoke to Flueid about the concept of instant title and why it’s a misnomer for mortgage lenders.

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

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Realtor.com

DECEMBER 5, 2022

Before a property sale can go through, a title company is brought in to find out whether or not a seller has the legal right to sell the property. To do that, the title company searches public records for liens on the property, meaning anyone who has a claim to a portion of the money should the property be sold.

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Housing Wire

FEBRUARY 10, 2022

It is no secret that 2021 posed a variety of challenges for the title insurance industry. Contributing to this increase in revenue was a 28% year-over-year decrease in title loss expense to $13.1 million, which the company attributed to favorable claims experience which was partially offset by higher title revenues.

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Title Commercial Title search Residential 402

Housing Wire

OCTOBER 29, 2020

We offer a span of comprehensive product options throughout the entire loan lifecycle and help manage loans from start to finish, including title searches, processing, underwriting, closing and disposing of them and even take them into the post-closing and servicing process. Security is a major priority for us too.

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Due diligence Mortgages Title search Loans 425

HomeLight

OCTOBER 31, 2024

Sell Your Inherited Home Quickly For Cash Request a no-obligation cash offer from HomeLight’s Simple Sale platform and receive a purchase quote in 24 hours. Each category includes specific documents to verify your authority and ensure a smooth sale process. The title is the concept of legal ownership granted by the deed.

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Purchase and sale agreement Title Title search Loans 64

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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Title Title search Bankruptcy Due diligence 111

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

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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Title search Loans Title Agents 540

Housing Wire

OCTOBER 29, 2021

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. HW: What are some misconceptions about instant title?

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Title Title search Equity Inspection 327

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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Backup offer Sales Home sale contingency Earnest money deposit 111

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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Sales Investor Due diligence Renovation 98

HomeLight

MARCH 2, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. This Pacific Coast city combines the urban vibes of art and culture alongside fun physical activities like surfing or boating. Looking to Buy Your Dream Home in San Diego?

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Closing Earnest money deposit Sales Inspection 118

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

OCTOBER 14, 2024

I’ve had sales [of inherited homes] close in sixty days from start to finish, but sometimes it’s taken up to ninety days just to get all the heirs on the same page.” Sell Your Inherited Virginia Home Quickly For Cash Request a no-obligation cash offer from HomeLight’s Simple Sale platform and receive a purchase quote in 24 hours.

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Title search Title Loans Equity 59

Realty Biz

JANUARY 9, 2024

From preparing your home for sale to negotiating offers, these tips will ensure a successful sale. Sometimes it stops their sale dead in its tracks until the errors are corrected. Understand the current market conditions, including recent sales, average time on the market, and pricing trends. Things have evened out.

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Purchase and sale agreement Earnest money deposit Title search Title 95

HomeLight

OCTOBER 2, 2024

You’re likely eager to get a sales contract signed and move things forward as quickly as possible. That would be the first step — to figure out whether you need to get court confirmation for the sale or you do not.” A title search will help determine what you need to address ahead of time and your next steps.

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Title search Title Equity Sales 59

HomeLight

NOVEMBER 15, 2024

Sell Your Inherited North Carolina Home Quickly For Cash Request a no-obligation cash offer from HomeLight’s Simple Sale platform and receive a purchase quote in 24 hours. She also recommends you hire an on-the-ground expert who will walk the home-sale journey with you step by step.

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