article thumbnail

Consumer protection is what title insurance is all about

Housing Wire

Even as home prices began to decrease last year, mortgage rates remained high, leading both buyers and sellers to stay out of the housing market. With a wave of new home purchases and refinance transactions expected, as an industry, we’re expecting many new questions about how buyers and owners can best protect their property rights.

Insurance 441
article thumbnail

Bay Area team bolts Compass for Side

Housing Wire

Created in 2004 by Barr Haney and Whitney Potter, OWN Marin generated $381 million in 2020 sales volume, the agent team reported, on 153 deal sides, meaning that the median home in which they represented seller or buyer was priced at $2.8

Brokerage 370
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What to Do If The Home You’re Buying has Defective Drywall

Lamacchia Realty

Between the years 2004-2008, large shipments of drywall were imported to the United States from overseas. So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall. With this in mind, buyers need to be thorough and diligent in protecting themselves.

article thumbnail

What to Do If a Home You’re Looking to Buy has Defective Drywall

Lamacchia Realty

This defective drywall was imported mostly between 2004-2008. So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall. Do Sellers Need to Disclose this Drywall? The best way to protect yourself as a buyer is by having an inspection.

Realty 68
article thumbnail

Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

Record Share Of Sellers Give Concessions To Buyers Excerpts: ‘Buyers are asking sellers for things that were unheard of during the past few years.’ ’ Home sellers gave concessions to buyers in 41.9% ’ Home sellers gave concessions to buyers in 41.9% a year earlier (-4.8

article thumbnail

Lamacchia Realty Opens in Fall River and Enters Bristol County Market

Lamacchia Realty

Lamacchia Realty has been serving buyers and sellers in Bristol County for over a decade but has been waiting for the perfect opportunity to open a branch office location. All buyers, Sellers, Tenants, Landlords, Realtors and other brokerages in the area should know that it is business as usual at the company.

Realty 69
article thumbnail

Top brokerage execs see silver linings in commission lawsuits

Housing Wire

For the past month, much of the focus has been placed on the potential negative changes the agreement may cause, including more buyers being unrepresented, an uptick in dual licensing and potential hardships for low-income buyers, including those that utilize Federal Housing Administration (FHA) and U.S.

Brokerage 417