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How Does a Title Search Work

Realty Biz

When you’re buying a home, you’ll need a title search so that you can get title insurance. Title searches can also reassure buyers, making sure there is a smaller chance of problems with the title later on. We will take a look at the things you need to know about a title search and how it works.

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

Housing Wire

“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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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

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. Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete.

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Why lenders should be asking for a title check at loan application

Housing Wire

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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12 Typical Closing Costs for Seller in Alabama

HomeLight

Title search and recording fees A title search reveals whether or not there are any liens against your property or conflicting ownership claims that would prevent you from selling. Title searches typically cost around $75 to $100 ; sellers and buyers customarily split this fee in Alabama.

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

RIS Media

Real estate listings go through different stages. Homes that are listed as pending or sold are officially off the market. . Other factors can also put a home back on the market. Appraisals that are lower than expected may put a home back on the market. The title search reveals issues. Contingent meaning.

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6 Hidden Costs of Selling Your Home

Realty Biz

Traditionally, you’ll split some costs with the buyer — including title insurance. Before your closing, a title company will run a title search of your property, and whether the buyer or seller pays varies state to state. Staging costs. But, you could get $40,000 more in the selling price.