Closing Technology Title search 
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. 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.
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. 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. There’s an entire industry built upon the “What’s next?”
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Housing Wire
NOVEMBER 1, 2021
For Slade Title, this acquisition allows the company to expand its search capacity to the entire state. Previously Slade serviced only 10 counties, but thanks to Punctual Abstract’s technology and increased staffing, Slade will be able to serve all of Mississippi. If the company hopes to wrestle any share of the 80.3%
Housing Wire
JUNE 11, 2021
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.
Housing Wire
MARCH 1, 2021
The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing. Let’s admit it.
Housing Wire
MARCH 31, 2021
That said, many companies still rely on legacy systems and manual processes to procure, search, and examine title. This slows the search and underwriting processes, makes them more prone to errors and delays closings at the expense of the homebuyer. Robert Karraa, President.
Housing Wire
APRIL 11, 2023
They ensure that all conditions of the sale have been met and manage the disbursement of funds at closing. What are the typical steps involved in the title and escrow process? Once the title process results in a clear-to-close status, the escrow company creates a schedule of fees. How has technology impacted the industry?
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