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Buyer agency: a crucial historical shift in real estate

Housing Wire

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation.

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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

Low claims ratios are a testament to the work our agents do to eliminate items prior to closing. The borrower also may have encumbered the property with loans that were not disclosed when applying for refinancing.

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Red Flags Related to a Title on a Home

Will Springer Realtor

Preparing a home for sale includes dozens – or even hundreds – of steps choreographed between seller, agent and other key individuals. EASEMENTS: An irrevocable right to use some part of another person’s real property for a particular purpose.

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How to Communicate Effectively with a Real Estate Appraiser in the Appraisal Process

Boston Appraisal

Here are some tips on how to communicate effectively with a real estate appraiser when obtaining an appraisal: Be clear about your intent: Whether you are the homeowner, buyer, seller, or agent, you should inform the appraiser of the purpose of the appraisal and the type of report you need.

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Does a Home Seller Have to Disclose Repaired Defects?

Hank Miller Team

In many cases, a known easement or encroachment or even pending land use changes can be considered latent defects. Real estate agents have certain obligations as well. While a listing agent might not have the same firsthand knowledge as a seller, they cannot misrepresent the home.

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3 Things You Should Know About Preliminary Title Reports

Zillow

It documents ownership, vesting, and detail regarding anything recorded against the home, such as liens, encroachments, or easements. The legal description The legal description is everything you won't see in any real estate agent marketing or advertising. Easements. You want the title to be delivered as clean as possible.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Any existing easements or zoning issues. Whether you are a property owner, real estate agent, mortgage broker or lawyer, we can provide quick and accurate home appraisal services. They are not assessing décor or any feature that is considered removable. Lot: Size and topography of the lot. View (including negative views).

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