Housing Wire

DECEMBER 14, 2020

With the onset of COVID-19, the already-siloed communication channels between mortgage lenders, real estate agents, title agents and underwriters became even more strained as standard methods of in-person communication were no longer an option for many. Their original plan was to migrate to paperless processes over the next 3 years.

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Housing Wire

OCTOBER 29, 2021

Today, borrowers expect to close fast. A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. HousingWire: How did the title business adapt to unique conditions caused by the pandemic, the growth of the remote workforce and low interest rates?

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Housing Wire

MAY 9, 2022

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. How to avoid home closing delays in 2022. Washington, D.C.,

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Housing Wire

NOVEMBER 1, 2024

Whether you’re looking to start a career in real estate, already have one or are involved in real estate transactions, you may find yourself wondering about industry terminology and job titles. An agent may also be present at closings to review closing documents and help guide their client through the final steps.

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Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. Also, its total value of transactions closed and recorded since 2010 is over $436 billion.

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Housing Wire

DECEMBER 20, 2021

The venture-backed title company Doma announced the expansion of its Doma Intelligence platform to Washington, Utah, Maine, Tennessee, Mississippi and Kentucky on Monday. The Doma Intelligence platform works by automating many of the rote tasks of the closing process including retrieving and analyzing documents that need to be searched.

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Housing Wire

JANUARY 12, 2023

As these lenders and others now look to re-energize their home equity efforts, and new players make their foray into home equity, reliable title and settlement service partners with deep home equity experience are in demand. Are you closing as quickly as you’d like? How do you identify the right home equity partner?

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Housing Wire

APRIL 11, 2023

Real estate transactions can be complicated, especially when it comes to titles and escrow. As a professional in the industry with over twenty years of experience, I know that two of the most crucial aspects of any real estate transaction are title and escrow. So why are title and escrow so important?

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Housing Wire

MARCH 10, 2023

.” In a statement Friday, Accurate Group said it has completed more than three million property data inspections and hybrid appraisals through its ValueNet suite of products. Our appraisal, property inspection, title and closing technologies are designed to plug into any digital platform.”

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Housing Wire

JUNE 30, 2021

ServiceLink, which is backed by Fidelity National Financial, meets the unique needs of wholesale lenders by providing title insurance, appraisals, flood certificates and closing services. More than 50 years of title industry expertise gives ServiceLink unique insight into the needs of our wholesale clients.

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Housing Wire

JUNE 2, 2022

In-person electronic notarization (IPEN) is quickly gaining industry-wide traction with lenders, title agencies and settlement companies due to its convenience, cost savings and improved borrower experience. EscrowTab’s solution is designed to work as close to paper as possible, except better.

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Housing Wire

JULY 18, 2024

” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. Closing tasks such as appraisal , inspection, title insurance and homeowners insurance are done remotely.

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Housing Wire

FEBRUARY 21, 2023

Lenders who are modernizing across the entire scope of the origination journey — digitizing processes from application and title through close and post-close — are building unprecedented momentum for their businesses. Closing – Automation speeds the generation of closing documents and reduces errors in post-close review.

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Housing Wire

APRIL 2, 2024

Steinway, who closed more than $1.5 Steinway was also one of the first four loan officers to be hired at Guaranteed Rate , where he earned the firm’s Chairman’s Club title for hitting $100 million in yearly production multiple times. Chicago, I think, is suffering more than most markets in the United States.

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Housing Wire

AUGUST 14, 2023

Others are marketing and claiming first-mover innovation on technology capabilities, such as mobile property inspections, that have existed for years. Lenders will hit the title information stage of the process and efficiency could again grind to a halt. Appraisal modernization promises to remove that obstacle, but then what?

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Technology Title Staging Loans 370

Redfin

FEBRUARY 20, 2025

Closing costs arent just a buyers responsibility – sellers have their own expenses to consider as well. On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. What are closing costs for sellers?

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Housing Wire

OCTOBER 26, 2020

Since launching in 2015, Xome has become a one-stop-shop for the entire real estate experience connecting every major touchpoint in the transaction process, from finding a home to closing the loan. Inspex solves an issue unique to 2020 by adding flexibility for homeowners who may not be comfortable with a vendor in-home inspection.

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Technology Inspection Title Loans 397

Housing Wire

SEPTEMBER 9, 2021

The survey data supported the notion that today’s consumers are willing to take the reins and self-serve during certain aspects of the home-buying process, from application to close. For many homebuyers, their confidence diminishes the closer they get to the closing table. if the option was available to them.

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Mortgages Technology Inspection Closing 448

Housing Wire

JULY 11, 2022

Black Knight this week launched a tool that enables lenders to compare loan estimates and closing disclosures from closed loans to minimize expenses in a higher rate environment. Black Knight, which has agreed to be bought by rival ICE Mortgage Technology in a deal v alued at $13.1

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Housing Wire

JULY 22, 2024

Back then, we never thought about the property inspection. We didn’t understand anything other than dual agency and we didn’t have inspections for things like radon gas or uranium in the soil. Today, they are dozens of pages long. Now, agents are responsible for so much.

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Housing Wire

JULY 26, 2024

Whether you’re a year away from selling or hoping to close in a few months, a timeline is important for all parties, especially if your family member needs to sell an existing home, secure financing, and arrange moving details. Closing costs are typically 3% to 6% of the purchase price. Establish a timeline. Discuss financing.

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Redfin

FEBRUARY 18, 2025

Can you roll closing costs into your mortgage? Basically, folding your closing costs into your loan means you’ll need less cash upfront at closing. What are closing costs? Closing costs are fees and expenses you pay when you finalize a real estate transaction, whether you’re buying or selling a property.

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Housing Wire

JULY 15, 2021

Through a close friend, Davis was introduced to HomeFree-USA, a nonprofit organization whose mission is to help prospective buyers reach homeownership. When Davis became mortgage ready, HomeFree-USA worked with Citi to get her to closing day. What she felt she lacked was a trusted ally to help guide her through the many steps to take.

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Housing Wire

APRIL 13, 2021

Richardson also noted that there have been fewer property inspection waivers issued by Fannie Mae in the last several months, keeping appraisers, inspectors and others in valuation very busy. At this point, looking at what closed in January feels like ancient times compared to just earlier this month.

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HomeLight

JANUARY 31, 2025

When youre preparing to sell or buy a home, the phrase closing costs will be spoken (and written) on both sides of the transaction table. But what are closing costs? This guide provides an easy overview of closing costs, who pays them, and how much you can expect to pay. Get Started What are closing costs?

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HomeLight

MARCH 28, 2024

When a home sale closing is delayed, it’s usually the buyer holding up the deal due to financing hiccups, low appraisals, title issues, or problems found during the final walkthrough. But what happens if a seller misses the closing date? The closing date is always in the contract. What happens on a home sale closing date?

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HomeLight

OCTOBER 25, 2023

Whether you’re buying or selling, you’re probably wondering how to avoid closing costs. Unfortunately, there’s no way to eliminate them altogether, but there are ways you can lower your closing costs regardless of the state of the market. Title and settlement fees. Inspections and home appraisal fees. Home warranty.

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Closing costs Closing Title Inspection 119

HomeLight

SEPTEMBER 21, 2023

Maybe you’ve made it through the settlement and you’re still awaiting closing day , or perhaps you’re still negotiating with your buyer. Either way, you probably have one very important question on your mind: when does a seller get paid after closing on a home sale? So, you’ve accepted an offer on your home sale.

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HomeLight

MAY 3, 2024

As the week before closing on a house approaches, the countdown begins. But what happens the week before closing on a house? Connect with a Top Agent to Sail Through to Closing Working with a top agent can help you get to closing day faster — and get you more for your home sale. This guide outlines what to expect.

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HomeLight

APRIL 14, 2023

But even though the monthly mortgage payments fit into your budget, you’re concerned about coming up with enough cash for a myriad of closing costs in addition to the down payment. Find a Buyer's Agent What are closing costs? Although the down payment is not part of your closing costs, it is typically due at the same time.

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HomeLight

FEBRUARY 20, 2025

As of December 2024, 18% of buyers waived the appraisal contingency , with other buyers waiving, for example, inspection contingencies to likewise make their offers more enticing to sellers. Title contingency: The sale of the home is contingent on the title search showing no issues or concerns.

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HomeLight

MARCH 2, 2023

People who live here love the proximity to some of the west coast’s best beaches, as well as being close to destinations like Disneyland, Joshua Tree National Park, and the deserts of Palm Springs. 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.

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HomeLight

MAY 24, 2022

Sellers tend to prefer all-cash offers because those deals close more quickly. Even though it’s all cash to the sellers at closing, with a cash offer, “you don’t have to go through the appraisal or the bank approval process — it’s cleaner.”. But just how long does it take to close on a house with cash, compared to a traditional loan?

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HomeLight

APRIL 13, 2023

However, there’s another set of fees and charges you must be prepared for, and those are closing costs. According to ClosingCorp, which provides real estate closing cost data for the mortgage industry, closing costs in Florida, including transfer taxes, average 2.3% Find a Buyer's Agent What are closing costs?

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HomeLight

JUNE 15, 2023

After finding their dream home and signing the purchase contract , most buyers feel on top of the world … until they see the Loan Estimate or preliminary closing statement (if buying in cash). Did the closing costs for the buyer in particular catch you by surprise? Get Started What does a buyer pay in closing costs?

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HomeLight

APRIL 14, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Georgia (GA)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. When it comes to closing costs, the Peach State is one of the friendlier parts of the U.S. to purchase a home in.

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HomeLight

MARCH 6, 2023

The Bay Area is also close to beaches, national parks, and the wineries of Napa Valley. Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Loans are between 3%-3.5%

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