Marco Santarelli

AUGUST 16, 2024

Foreclosures and Short Sales Distressed properties often come at a discount: Foreclosures and short sales present opportunities to acquire properties below market value. Due diligence is paramount: Thorough inspections and title searches are essential to uncover potential liens or hidden issues.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

HomeLight

MAY 24, 2022

Everyone involved will need time to perform their due diligence. Many companies combine title and escrow services under one roof, as their functions are closely interrelated. Your agent can help you find a title company to handle the title search, and title insurance, which is always recommended.

Purchase and sale agreement 111

Purchase and sale agreement Closing Title search Title 111

HomeLight

AUGUST 24, 2022

Do your due diligence. The buyer runs a title search on the property. Next, the cash buyer will run a property title search to make sure the seller has legal ownership and to check for any outstanding liens on the property that would prevent it from being sold. “A

Purchase and sale agreement 111

Purchase and sale agreement Title search Proof of funds Title 111

HomeLight

OCTOBER 5, 2020

Before you bid, it’s a good idea to run a title search , which will give you an indication of any liens on the home. Constantine recommends you do your due diligence. One reason it’s so important to have a qualified, dependable real estate agent on your side is to help you with these due diligence tasks.

Due diligence 72

Due diligence Earnest money deposit Banks Inspection 72

HomeLight

AUGUST 16, 2021

But this isn’t a time to skip your due diligence — be sure that you fully understand the rules of the auction and what the payment terms are if you’re the successful bidder. In short: Carefully review all available documents pertaining to the house in question and the terms of the auction. Buy title insurance.

Title 111

Title Due diligence Finance Inspection 111

HomeLight

OCTOBER 29, 2020

Review the detailed settlement document provided by the closing attorney and you’ll see a line item for a property title search. If a title search reveals any claims to or liens against the property, the transaction will be delayed until it can be resolved. Short sale or bank approval contingencies.

Purchase and sale agreement 81

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 81

HomeLight

MAY 27, 2021

Step 9: Do your due diligence. Title search. A title search is a process to confirm the current owner has a clear title to the property and is thus eligible to sell it. A specialist will comb through documents related to the property to make sure there are no issues with the title.

Loans 98

Loans Mortgages Title FHA loan 98