Remove Closing costs Remove Investor Remove Title search
article thumbnail

Opinion: Title and settlement fees aren’t a barrier to homeownership

Housing Wire

The research found that title and settlement fees are neither regressive nor represent a significant component of the overall closing costs. The Fannie Mae research finds that for title and settlement fees, “differences in charges across borrower groups mostly disappear (after controlling for the transaction characteristics).”

Title 459
article thumbnail

How hybrid title and valuations help increase lending efficiency

Housing Wire

HW: How can integrating title and valuation data points alleviate those pain points? SG: It can help close loans with greater speed and ease, reduce vendor oversight, mitigate risk, lower costs and ease underwriting reviews for lenders, servicers and investors. That’s why we offer our HomeVal hybrid solution.

Title 383
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opinion: Improving housing affordability without exposing homebuyers to more risk

Housing Wire

For example, recently, Fannie Mae has focused on expanding alternatives to title insurance as a way to supposedly increase homeownership affordability. However, Fannie Mae’s own research from 2022 found that title insurance is not a significant component of the overall closing costs when buying a home.

Title 467
article thumbnail

Yes, Cash Buyers Pay Closing Costs, and Sometimes Even the Seller’s Fees

HomeLight

Closing costs are assumed to be part of doing business in real estate, but do cash buyers pay closing costs? Yes, you can expect charges for attorney hours, taxes, plus title and recording fees to still apply, though the use of cash can greatly reduce a buyer’s closing costs with the elimination of mortgage fees.

article thumbnail

Selling a Home in Arizona? Here are the Closing Costs You’ll Pay

HomeLight

Arizona home sellers hoping to exchange the front door keys for a net gain on the sale should be aware that there are several closing items they’ll be responsible for, even as a hot seller’s market rocks the Sun Belt state. Most people don’t really concern themselves with the sell-side costs,” Wexler says. Closing Cost.

article thumbnail

Today’s Mortgage Rates Rise by 10 basis Points: December 29, 2024

Marco Santarelli

This upward trend in rates can be attributed to renewed investor interest and adjustments in long-term bond yields, which are closely linked to mortgage rates. Investor Sentiment: The appetite of investors for mortgage-backed securities can directly impact mortgage rates. Conversely, when demand wanes, rates may rise.

article thumbnail

1031 Exchange Rules For Investors: How To Do A 1031 Exchange In 2020?

Marco Santarelli

There are many investors who would like to do a 1031 exchange. Although, a 1031 exchange process is complex it is one of the best tax advantages real estate investors have at their disposal. As a property investor, this means you can use a 1031 exchange to upgrade from a single-family home rental property to a triplex.

Investor 137