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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 415
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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

” Navigating Closing Struggles in 2021’s Purchase Market. Elaine Marshall, North Carolina Secretary of State, described it as a “win-win-win for home buyers, the business sector and the government sector in making the mortgage closing process less time consuming, less stressful, and even more secure.”

Mortgage 289
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Title insurers reckon with attorney opinion letters

Housing Wire

Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. We haven’t seen any real data based on the conversation that it is going to save money. “It

Insurance 369
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ALTA: Protecting property rights with title insurance

Housing Wire

Unlike other insurance products where most of the upfront cost is marketing, the upfront expense for title insurance is related to conducting a search of public records to underwrite ownership and lien risks. The buyers purchased title insurance, which turned out to be an excellent investment.

Insurance 469
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5 Negotiation Secrets Smart Buyers Use to Get Better Deals

Berkshire Hathaway

Besides the purchasing price, your budget should also include other costs such as renovations, structural and environmental assessments, downtime during transitions, legal fees, realty commissions, taxes, and contingencies. Investigate the Real Estate Market. Assess the Seller’s Motivation. Avoid Getting Emotional.

Buyers 49
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First-Time Homebuyers Incentive Changes: What You Need to Know

D Fritz Appraisals

The First-Time Buyers Incentive can lower your monthly mortgage payments. As explained by the National Housing Strategy, the First-Time Home Buyers Incentive is a program that lets you borrow 5% or 10% of the sticker price of a home. There are two options, 5% or 10%, depending on what you qualify for as a buyer.

Insurance 141