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Opinion: How the title industry protects homeowners

Housing Wire

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies.

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Mortgage and title firms grapple with recent rise in cyberattacks

Housing Wire

According to documents filed with the Securities and Exchange Commission (SEC), the breach exposed the data of 14.6 Ransomware gang BlackCat(ALPHV) claimed responsibility for the attack. The company has yet to disclose exactly how many customers were impacted by the breach, but it has announced that data was stolen.

Mortgage 388
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How to Check for Flood Risk During Home Buying

Will Springer Realtor

Unexpected flooding caused major problems for Mabél Guzmán, a real estate broker in Chicago: “I moved into a townhouse that was not even near a flood zone and didn’t require flood insurance,” she says. “I Moreover, FEMA had to help, and each homeowner impacted received $2,000.” All home buyers. More on this below.)

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Winter In Houston: How To Deal With Home Damage From Snow & Cold Weather

Houston Properties

Winter In Houston: How To Deal With Home Damage From Snow & Cold Weather. We’re already seeing a lot of homeowners reel from the potential repair costs and damages from this event. Below we have outlined the most basic steps to take to minimize damages plus tips on how to handle the aftermath. Get PDF Now.

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Communication Tips for Real Estate Can Mean a Smoother Transaction

McKissock

First-time home buyers often feel uneasy and don’t know how often they should call their agent. Keep reading to learn how you can better communicate with all parties involved in a real estate transaction, including sellers, buyers, other agents, lenders, and closing officers. Types of communication problems.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

And so, because of that, we had to make our agents independent contractors and terminate their pension plan and health insurance.”. This classification is essential to the real estate industry, homeowners across the country, and to boosting the economy,” NAR declared. I started at Redfin 12 years ago,” she said. The pay wasn’t great.”.

Business 361
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Mortgage Term Glossary

Assurance Financial

The first number refers to the length of the introductory period, while the second is how often the rate can adjust. During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. Mortgage Lending Terminology .