Housing Wire
DECEMBER 16, 2022
For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Title insurance is different than most other insurance products. Diane Tomb, ALTA CEO Contributor.
Housing Wire
OCTOBER 13, 2022
Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. We haven’t seen any real data based on the conversation that it is going to save money.
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Appraisal Buzz
MAY 6, 2024
Does the cost of homeowners insurance affect the price of a home? 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. In some markets, the answer is increasingly yes.
Lamacchia Realty
AUGUST 28, 2024
Typical closing costs that occur are the following: mortgage origination fees, appraisal, legal fees, title examination fees, lender and owner title insurance, transfer taxes/stamp fees, recording fees, prepaid interest, pre-paid escrow, homeowners insurance, flood insurance, if applicable, and more.
Appraisal Today
JUNE 7, 2024
NOTE: Please scroll down to read the other topics in this long blog post on state appraisal boards, liability, appraiser insurance, price per sq.ft. Click here = Do I really have to report that state board issue to my E&O insurance? baths, 8,74t sq.ft., acres, built in 1902 Private island: When it sold in 2018 for $21.5
Will Springer Realtor
MAY 7, 2024
Increases in adjusted basis can result from: The cost of additions and improvements to the house Money spent to restore the property after damages or loss Legal fees incurred with the property Decreases in adjusted basis can result from: Receipt of insurance payments due to a casualty loss or theft Tax credits for home energy improvements “If (..)
PennyMac
AUGUST 14, 2024
Cons: Potential for Dual Mortgages: If your current home doesn’t sell quickly, you might end up juggling two mortgages, along with other costs like utilities, taxes, homeowners association (HOA) fees and insurance. Unexpected Expenses: Budget for possible repairs, inspections or legal fees that might arise during either transaction.
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