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Former Homesnap employees stole trade secrets over online marketplace tech, CoStar alleges

Housing Wire

Online real estate market provider CoStar Group has sued former Homesnap founder Guy Wolcott and three others for allegedly stealing trade secrets related to its online information platform feeding its various marketplace products, including Homes.com and Apartments.com , according to court documents obtained by HousingWire.

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Side’s Hilary Saunders discusses the evolution of brokerage models

Housing Wire

2006 is when Zillow came out with their Zestimates and with that, they started to very slowly provide to the consumer a more transparent way of understanding the market, and how to see not just the value of their home, but also what their neighborhood was doing and how prices were going up and down,” Saunders said.

Brokerage 365
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Going to Extremes

Appraisal Buzz

In some markets, the answer is increasingly yes. In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket.

HOA 370
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Two Southern banks complete mortgage eNote transfer

Housing Wire

eNotes contain the same information as a traditional mortgage note – on paper – but they are created, signed and stored digitally. ” Navigating Closing Struggles in 2021’s Purchase Market. Full e-Closings reduce the use of paper, legal fees, mailing and courier costs.

Mortgage 236
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Title insurers reckon with attorney opinion letters

Housing Wire

These products that are going into the market — it is confusing because they are giving people who need it the most, less coverage,” Tomb said. “We If the buyer is unable to prove negligence on the part of the attorney, the claimant would likely need to pay the legal costs involved to litigate the title matter.

Insurance 291
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Selling Your Home Due to a Divorce

Eppraisal

Currently, home values are still high, and the real estate market is still good. There is an informative article on co-ownership on divorce.net, written by Ann O'Connell, Continuing to Co-Own the House After a Divorce. The more you can keep your mind open and cooperate, the less money will be spent on legal fees.

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First-Time Homebuyers Incentive Changes: What You Need to Know

D Fritz Appraisals

These can include: Additional legal fees- Since you will be closing on two mortgages, your fees may increase. Appraisal fees – To repay your incentive, you’ll need to have an appraisal done to work out the fair market price of your home. The First-Time Home Buyers (FTHBI) SEM Information package.

Insurance 141