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From consultation to closing: The definitive homebuying checklist

Housing Wire

Offers: Outline how making a competitive offer will work, including how price, contingencies, due diligence funds, and earnest money will impact how the seller views an offer. Your role as their agent is to ensure every offer is presented professionally to give your clients the best chance at landing their dream home.

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Westcor launches identity verification tool to help title agents prevent fraud

Housing Wire

Westcor Land Title Insurance Co. “We are thrilled to partner with Westcor Land Title Insurance Company in launching val-ID,” Intellicheck CEO Bryan Lewis said in a statement. is looking to up its game against fraudsters. The tool is powered by the technology of Intellicheck and is engineered by GridBase.

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North Carolina’s low home prices luring buyers

Housing Wire

The idea of “more space” has driven homebuyers during the pandemic, with people wanting to get out of crowded metros and into homes with more land. ” The current average due diligence is around 3.1% ” The current average due diligence is around 3.1% “But this is a great place to live.

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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job. Mary O’Donnell is CEO of Westcor Land Title Insurance Co. and a past president of the American Land Title Association. That is why we take pains to explain the process.

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Shoring up the mortgage underwriter shortfall

Housing Wire

The imbalance has been particularly acute for third-party due diligence (TPR) firms that employ underwriters to review and assess the quality of loan pools used as collateral in private-label securitization deals. He also said his firm is working to “modularize” its approach to due-diligence reviews in the private-label space.

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CHLA voices support for attorney opinion letters to FHFA

Housing Wire

“They are going to be responsible for these loans having clear titles, so they are going to have to do their own due diligence on this and feel comfortable with it,” Olson said. “We Since Fannie Mae’s announcement in April 2022, the American Land Title Association has been a vocal opponent to the use of AOLs.

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How to Buy Land in 8 Steps: A Guide for Investors

The Close

Buying vacant land can be a wise investment with great returns if you plan carefully and understand what’s involved. While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. Check access: Make sure you have legal access to the land. It helps to be in the know.

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