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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 518
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Flipping a House Checklist: Steps to Sell for Maximum Profit

Listing Spark

Successful real estate investors know that skipping key stepslike conducting thorough market research, preparing the right organizational documents, and ensuring high-quality marketing exposurecan lead to costly delays and missed opportunities.

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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
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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 110
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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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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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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

Typically performed by a licensed real estate attorney, a title search is a search for documents on a specific property, namely who has legal ownership of the home so that we know exactly who needs to transfer the title of the home to you at closing. Title Searches What is a title search and how does it work?