Remove Development Remove Legal Fees Remove Marketing Remove Mortgage
article thumbnail

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
article thumbnail

Two Southern banks complete mortgage eNote transfer

Housing Wire

eNotes contain the same information as a traditional mortgage note – on paper – but they are created, signed and stored digitally. ” Navigating Closing Struggles in 2021’s Purchase Market. Full e-Closings reduce the use of paper, legal fees, mailing and courier costs.

Mortgage 234
Insiders

Sign Up for our Newsletter

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

article thumbnail

ALTA: Protecting property rights with title insurance

Housing Wire

For title insurance, a homebuyer only needs to pay a one-time fee at closing, which is typically issued in the amount of the real estate purchase price. For a home valued at $250,000, the cost of an owner’s title insurance policy would be just 11 cents a day on a 30-year mortgage.

Insurance 464
article thumbnail

Title insurers reckon with attorney opinion letters

Housing Wire

Now, thanks to United Wholesale Mortgage (UWM) CEO Mat Ishbia’s recent announcement that his company is hiring attorneys to review title and closing documents, AOLs and the risks associated with them, have been a hot topic at this year’s ALTA One conference. We are protecting the American Dream,” Tomb said.

Insurance 287