Housing Wire

APRIL 6, 2021

But not everybody has the ability to tap friends and family or investments when the appraisal and the final sale price don’t match – many deals have fallen apart as a result, loan originators and real estate agents said. How hybrid title and valuations help increase lending efficiency. Streamline by combining services.

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Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value.

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Inspection Closing Closing costs Title search 459

Housing Wire

FEBRUARY 10, 2022

2020 and 2021 were two of the best, as well as most challenging years in the title industry as a whole given tremendous changes in the market historically low rates and an ongoing impact and uncertainty caused by COVID,” Stewart chief executive officer Fred Eppinger said during the company’s fourth quarter earnings call on Thursday.

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Title Commercial Title search Residential 418

Housing Wire

JULY 28, 2022

What can lenders do to help borrowers facilitate a sale, protect the equity in their home, and potentially remain in their home following the sale by negotiating a leaseback option? Identifies Any Title Problems : Searches the property’s chain of title to identify any potential problems that may slow down the sale of the property.

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Equity Title Title search Banks 397

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. More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?”

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Closing Title Property Management Technology 488

Housing Wire

DECEMBER 27, 2023

“I always joke that we work in an industry that literally researches the past, and because of that, sometimes, I feel like our marketing, sales, and technology live there too,” Sam Trimble, vice president of strategic growth and development at Fidelity National Financial , said. Our lives can’t go backwards,” Svoboda said.

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Housing Wire

SEPTEMBER 1, 2022

However, while the title space has made tremendous strides in recent years, there is still a tremendous amount of “button mashing” being done. The challenge for title agencies or settlement services firms serving multiple or unique markets extends beyond the need to understand and stay current with the differences in those markets.

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Title Industrial Technology Title search 418

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. More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” in question.

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Closing Title Technology Property Management 459

Housing Wire

OCTOBER 29, 2021

We continually monitor volumes, market nuances and industry trends to ensure our products – and our staff – meet our clients’ needs. We’ve secured calendar availability from our notary panel at month-end, providing unrestricted closing capacity in many of our lenders’ top markets.

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Title Title search Equity Inspection 303

Housing Wire

APRIL 10, 2023

A title check is a key workflow step that provides instant awareness on the condition of title — based on title underwriter guidelines — andvalidateskey details about the property and consumer through an easy-to-understand data result at the start of the loan origination process. That’s much too late in the process.

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Title Loans Equity Title search 397

RIS Media

APRIL 8, 2022

Here’s all you should know about contingent sales as a potential home buyer. An active listing means the home in question is currently on sale, and sellers are actively open to offers. Homes that are listed as pending or sold are officially off the market. . Other factors can also put a home back on the market.

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Debt-to-income ratio Title search Backup offer Home sale contingency 144

HomeLight

MARCH 24, 2025

Sell Your Inherited West Virginia Home Quickly For Cash Request a no-obligation cash offer from HomeLight’s Simple Sale platform and receive a purchase quote in 24 hours. This can be done through a title search , which will reveal any debts or claims against the property, including unpaid taxes. Request Offer 1.

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Purchase and sale agreement Title search Title Equity 52

Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

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Backup offer Home sale contingency Sales Earnest money deposit 111

HomeLight

NOVEMBER 15, 2024

Sell Your Inherited North Carolina Home Quickly For Cash Request a no-obligation cash offer from HomeLight’s Simple Sale platform and receive a purchase quote in 24 hours. She also recommends you hire an on-the-ground expert who will walk the home-sale journey with you step by step.

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Pre-approval Title search Equity Title 52

HomeLight

JULY 11, 2024

If you’re selling an inherited house in Florida, you may be balancing the titling scales of emotions, money, and time. You’re likely eager to get sales agreements signed and move things forward as quickly as possible. Rather than list the traditional way, request a no-obligation cash offer from HomeLight’s Simple Sale platform.

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Title search Title Equity Agents 109

HomeLight

AUGUST 20, 2021

The average closing costs for home sellers fall between 6% to 10% of the home’s sale price. For example, a seller’s closing costs for a median sale price of $280,000 would range between $16,800 to $28,000, depending on various sale factors. Some closing costs apply to nearly every home sale. of the sale price.

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Closing costs Closing Title search Title 111

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? The destination’s great weather and tax-friendliness bring a steady stream of buyers to the market, and cash buyers help make sellers’ homes fly. A cash offer can lead to a speedier and lower hassle sale. How to find cash buyers in Florida.

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Purchase and sale agreement Title search Proof of funds Title 111

HomeLight

MARCH 2, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. Henderson says that while connecting with a reputable agent who knows the San Diego market is important, one thing potential buyers should be sure to do is to align themselves with a great lender.

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Closing Earnest money deposit Sales Inspection 118

Redfin

FEBRUARY 20, 2025

On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. Closing costs are the fees and expenses required to finalize the sale of a home. Real estate commission 3%6% of sale price Negotiable Title fees 0.5%1%

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Closing costs Closing Seller concession Title 56

HomeLight

DECEMBER 31, 2020

You can put so much effort into prepping your house for sale that you forget what happens after you receive an offer. Putting your John Hancock on a home sale contract might feel like the completion of a major financial deal, but it’s actually just the beginning of the home sale process. What does “sale pending” mean?

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Closing Backup offer Sales Inspection 105

HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? A short sale is anything but short,” cautions Sanders.

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Short sale Sales Purchase and sale agreement Banks 105

HomeLight

MAY 24, 2022

In a competitive market, paying cash could help you beat out other homebuyers. A cash sale: Start to finish. Every home sale has its quirks, but in general, “a cash sale can be turned over in a week to two weeks,” according to Suz Poepke Pohl, owner and escrow agent at Cygneture Title for the past 10 years.

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Purchase and sale agreement Closing Title search Title 111

HomeLight

MARCH 13, 2023

Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Need to Sell Your House Fast in Orlando?

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Sales Investor Due diligence Renovation 98

HomeLight

MARCH 6, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs to consider as well. The benefit of owning a house far outweighs what might be considered a higher interest rate in the current market.” These loans also offer 0% down for qualified borrowers.

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Earnest money deposit Closing Sales Title 110

HomeLight

JULY 31, 2020

There’s a house for sale that you want to buy. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process. Requesting a reasonable decrease in the sale price based on the cost of repairs. Problems with the title.

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Closing Purchase and sale agreement Title search Earnest money deposit 119

HomeLight

JULY 12, 2024

You can then make a strong offer on your next home with no home sale contingency. This ensures that both the buyer and the seller fulfill their respective obligations before the sale is finalized. During the escrow period, several key activities take place to ensure the home sale stays on track.

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Purchase and sale agreement Earnest money deposit Home sale contingency Title search 111

Realtor.com

NOVEMBER 15, 2022

This means navigating the highs and lows of the real estate market and strategizing ways to improve the terms of the deal on the table. Seller concessions occur when a seller agrees to cover the cost of things the buyer usually pays for, such as closing costs , title searches, property appraisals, and other fees.

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Seller concession Purchase and sale agreement Closing costs Title search 121

HomeLight

NOVEMBER 9, 2021

The sales price of your home may appear to offer a good profit margin, but before you start putting those expensive items from your wishlist into your shopping cart, first you must subtract all the closing costs New York homeowners have to pay. On average, New Yorkers deduct 8% to 10% of the final sales price to cover closing costs.

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Closing costs Closing Title search Title 104

HomeLight

JANUARY 5, 2022

Now you can skip the part where you stage, show, and market the house, which makes you want to do a little happy dance. An agent won’t need to offer their full level of service to include yard signs, digital marketing, and professional photography, but they can act as a neutral go-between to prevent strain or awkwardness during negotiations.

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Pre-approval Purchase and sale agreement Title search Title 111

Realty Biz

FEBRUARY 19, 2024

That could include personal use, but if you’re buying it as an investment, get clear on your exit and marketing strategies. If you plan to flip the parcel, what’s its ideal use, and who do you need to tailor your marketing to sell it quickly? Look at comparable sales in the area. Start by determining the land's value.

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Land Due diligence Title search Finance 128

HomeLight

MARCH 9, 2022

This step is commonly referred to as a title search , title review, or property history search — but by any name, it involves delving into the formal records of a home and the property on which it sits. A title search is very important. Let’s get started. Margaret Labus. Real Estate Agent. Margaret Labus.

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Title search Title Homeowner’s association Land 111

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals.

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Sales MLS Renovation Investor 80

HomeLight

NOVEMBER 10, 2021

The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission. of the sale price (for simplicity, let’s round up to 6%) covered by the seller in the majority of home sales. For reference, on a $250,000 home sale, that amounts to $15,000 in commission fees.

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Closing costs Closing Title Title search 111

HomeLight

JANUARY 31, 2025

These numbers impact your financial standing either cutting into your sale proceeds or increasing your monthly mortgage payments. They cover a wide range of services that turn the gears of a home sale or purchase. At closing, the seller must cover their share of the taxes up to the sale date. But what are closing costs?

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Closing costs Closing Title Seller concession 104

Realtor.com

OCTOBER 29, 2020

If something is wrong, you can request that it be fixed—or you can back out of the sale. Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. Clear the title. It’s rarely advisable to waive an inspection contingency. Do a final walk-through.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

Realty Biz

JANUARY 9, 2024

From preparing your home for sale to negotiating offers, these tips will ensure a successful sale. Sometimes it stops their sale dead in its tracks until the errors are corrected. Research the Local Market Before listing your home, it's crucial to research the local real estate market. Things have evened out.

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Purchase and sale agreement Earnest money deposit Title search Title 95

HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Listing price.

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Purchase and sale agreement Home sale contingency Title search Inspection 105