Housing Wire
APRIL 24, 2024
While she believes this transparency was a good thing for the seller, it harmed the buyer as many agents began to claim that they would represent buyers for free — which has certainly played a role in the commission lawsuits that are currently plaguing the industry. “We
Housing Wire
OCTOBER 13, 2022
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.
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Housing Wire
DECEMBER 16, 2022
Having owner’s title insurance means the cost of defense and legal fees that typically would be the homeowner’s responsibility instead are paid by the title insurer. The buyers purchased title insurance, which turned out to be an excellent investment. Consumers can shop around and should compare policies.
Housing Wire
APRIL 6, 2021
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.” Full e-Closings reduce the use of paper, legal fees, mailing and courier costs.
Berkshire Hathaway
AUGUST 30, 2022
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. You should also consider the financing options available for your investment property.
D Fritz Appraisals
JUNE 15, 2021
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.
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