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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

Insurance 506
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Red Flags Related to a Title on a Home

Will Springer Realtor

Buyers should read CC&Rs and all related HOA documents to understand the rules and potential risks of purchasing the home.). EASEMENTS: An irrevocable right to use some part of another person’s real property for a particular purpose. COURT ORDERS: An official proclamation from a judge that a party must do or abstain from doing.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

They are also used to assess the value of the home for home improvement loans and insurance evaluations. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Valuation for insurance claims. Any existing easements or zoning issues.

Appraisal 105
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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. George Dell – his usual very interesting comments.

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Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

Factors that affect sales price were noted in the previous installment: the presence of easements; distance to utility connections; and environmental circumstances, for example. is performed; funds are transferred; documents are signed and title is passed. As a result, this valuation often exceeds assessor estimates.

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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 title company compiles the report from a search of county records to issue title insurance, and any liens against the property are listed as "exceptions" to a title policy. Easements.

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Expert Witness Testimony: The Indispensable Role of Real Estate Appraisers in Legal Disputes

Boston Appraisal

Scenarios Necessitating Appraisers as Expert Witnesses: Property Disputes : Appraisers are crucial in resolving boundary disagreements, easement issues, or broader disputes over property rights. These evaluations are needed for insurance claims, providing a basis for fair settlements and aiding property owners in recovering from losses.

Legal 148