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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

It plays an essential role in the economics of homeownership, ensuring that credit reaches those who need it and providing safeguards to those who lend it. Professionals conduct the search and examine documents, with title companies regularly providing a discount, or “reissue rate” on a refinance.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. HOA documents – if you live in an HOA neighbourhood, the appraiser will need to see the costs, regular maintenance schedule, history of fee increases, etc. Fritz for your real estate appraisal.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Any existing easements or zoning issues.

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Explaining the Loan Process Part 4: Underwriting Mortgage

PennyMac

The underwriter will investigate to make sure your application and documentation are truthful, and they will double-check you have described your finances accurately. Note: If you are self-employed, you may be asked to provide additional documentation such as income and work status.)

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

An appraisal is an important part of the home buying process for the buyer, as lenders will not lend money to you if the appraised value comes back lower than the loan amount. Any existing easements on the property which legally allow another party to use someone else’s property.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

The fraud started in 2008, one year after Roberts became a licensed appraiser, according to court documents and statements. In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction.

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11 Land Buying Tips: How to Buy Land

Raleigh Realty

You'll also need to show your ability to pay for the land, either with proof of cash or loan documents. It will help you learn if there are any easements or restrictions on the land that you need to know about. There may be a representative of the lending institution present to make the payment to the seller.