Housing Wire

OCTOBER 29, 2020

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. Our professionals then work within their technology, reducing potential challenges about the technology integration.

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Due diligence Mortgages Title search Loans 435

Housing Wire

MARCH 23, 2021

Fortunately, fintech innovation is helping lead the way with methods to detect inconsistencies in the due diligence process, such as drawing data directly from banks (with the borrower’s consent) and eliminating the need for written statements. There were enough significant findings to make these loans unsalable.

Lending 476

Lending Mortgages Due diligence Debt-to-income ratio 476

Realty Biz

JUNE 4, 2023

Why are businesses adopting this technology, and how has it revolutionized the global real estate sector? Faster and Safer Real Estate Due Diligence Whether it is a traditional real estate sale/purchase or inviting investors to finance a project, due diligence is a crucial part of the process. Let's find out!

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Due diligence Title search Investor Inspection 82

HomeLight

MAY 24, 2022

If you’re buying a house with a standard mortgage, closing takes about 49 days , according to the June 2021 ICE Mortgage Technology Origination Insight Report. Everyone involved will need time to perform their due diligence. Title search: 3 days. Unfortunately, not all title searches return a clear title.

Purchase and sale agreement 111

Purchase and sale agreement Closing Title search Title 111

HomeLight

AUGUST 31, 2021

As a rising number of companies provide cash offers for homes and improve experiences for sellers with advanced technology, the idea that you don’t have to wait months to list and close on your house appeals to many stressed-out sellers. Technology is making it easier and easier to sell a home virtually. Check their BBB rating.

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Proof of funds Investor Due diligence Title 144

HomeLight

MARCH 13, 2023

Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% The buyer does due diligence during the option period in Florida. Due diligence for a cash buyer is mostly title related. to 3% of the sale price in Orlando.

Sales 98

Sales Investor Due diligence Renovation 98

HomeLight

MARCH 16, 2023

Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance. The buyer does due diligence during the option period in Texas. Krueger says the due diligence period in Houston is typically 10 days for an agent-assisted sale.

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Sales Purchase and sale agreement Earnest money deposit Investor 93