Housing Wire

DECEMBER 16, 2022

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. Diane Tomb, ALTA CEO Contributor.

Insurance 493

Insurance Government Legal Fees Real Estate 493

Housing Wire

DECEMBER 13, 2024

Lenders must invest in stringent pre- and post-closing audits, conduct thorough staff training, and apply consistent underwriting standards. For example, reps and warrants on home value are waived for certain loans when the appraised value closely matches the estimate produced by the GSEs automated valuation model (AVM).

Investors 364

Investors Legal Tools Legal Fees 364

Will Springer Realtor

MAY 7, 2024

By Jeffrey Steele Most homeowners aim for a substantial increase in home value – and many are achieving it when they sell their primary address. But that increase can come with a thorny issue: capital gains tax when they file their tax returns after selling. Several factors can increase or decrease the adjusted basis, says McGuff.

Legal Fees 59

Legal Fees Realtors Real Estate Sellers 59

PennyMac

AUGUST 14, 2024

Check out Pennymac's Home Value Estimator to see recent local home sales and compare the pricing of homes that align with your square footage and number of beds/baths. Ask a real estate agent for their educated opinion on how much you may be able to sell your home for.

Real Estate Agent 47

Real Estate Agent HOA Finance Inspection 47