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Can AI launch the title industry into the future in 2024?

Housing Wire

The title industry has worked hard over the last few years to shed that reputation. It has begun to adopt and integrate more and more technology into the title search and production process. Despite the potential data security risks and its usage by bad actors, industry professionals believe AI is here to stay in title.

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Can You Put an Offer on a House That’s Contingent?

RIS Media

Real estate listings go through different stages. Finances falling through. Since most homes are financed, and financing isn’t guaranteed until a buyer has signed the dotted line, failure to secure funds can put a home back up for sale. While financing may be pre-approved, the process is complex.

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What Does It Mean to Back Out of a Home Purchase?

HomeLight

This decision can occur at various stages – after an offer is made but before it’s accepted, after signing a purchase agreement, or even days before the closing. As you navigate each stage of a home purchase, you might come upon unexpected turns. What are common reasons a buyer backs out?

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Top Tips and Considerations For Buying Land

Realty Biz

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives. Financing Hurdles Financing land can be tricky.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through. When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. Review your closing disclosure. Do a final walk-through.

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What’s the Difference Between a House Under Contract and a Pending Sale?

RIS Media

A title search may reveal a lien on the property, the buyer may be unable to get financing because of a low credit score or high debt-to-income ratio, or the house may appraise for less than the agreed-upon price. Common contingencies relate to a home inspection and financing, but there may be others.

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7 Reasons to Sell Your House for Cash

HomeLight

No repairs, no staging, no showings — and close in as little as 10 days. No repairs or home staging When you sell your home for cash to a house-buying company, you can skip the repairs and other preparations typically required when selling on the open market. You skip the preparations, repairs, and staging.