The Federal Housing Administration (FHA), Fannie Mae, and Freddie Mac are backing larger mortgages now that the 2020 loan limits have gone into effect. The higher loan limits went into effect on January 1, 2020. The Federal Housing Finance Agency (FHFA) made the announcement in November 2019 that it would begin allowing mortgage borrowers … Read More
Researchers at First American Financial Services looked at how the U.S. housing market has fared historically during recessions. Based on past data, the next recession is unlikely to trigger a major housing downturn. Read the full story here.
iBuyers are increasing their market share in some U.S. markets, finds a new Redfin analysis. iBuyers purchased 3.1 percent of homes in 18 markets during the third quarter of 2019. This figure marked a 1.6 percent increase in the market share for iBuyers since a year earlier. Read the full story here.
Baby Boomers, the second largest generation behind the millennials, have already started aging into retirement. In the coming years, a flood of homes that are currently owner-occupied are expected to hit the market. The phenomenon, coined the Silver Tsunami, could help ease the inventory drought that has plagued the U.S. housing market in recent … Read More
Imagine closing on your new home, moving in, and getting settled. Things seem perfect, but then out of the blue a long-lost relative of the estate comes to claim ownership of your property and the court agrees that the relative is the legal owner! Without an owner’s title insurance policy not only will you no … Read More
Buying a home is an exciting and emotional time for many people. To help you buy your home with more confidence, make sure you get owner’s title insurance. Here’s why it’s so important for you. 1. Protects Your Largest Investment A home is probably the single largest investment you’ll make in your life. You insure … Read More
When you surround yourself with like-minded people, you elevate each other. You push each other to be better every day because you want everyone to be successful. Judy and I have been friends and business partners for the past 10 years or so, and when I decided to start TitleSmart, she was there to help … Read More
Not all title companies are created equal. That’s just a fact. At TitleSmart, we do everything that we can to ensure that our clients have a positive, and memorable closing. After all, closing on your home should be fun! Your home will probably be the largest purchase you ever make, but instead of being stressed … Read More
Experts specialize in a certain industry because they have experience in it and it’s what they excel at. We partner with vendors that are the best at what they do. They know their business and their industry better than anyone else, which makes them great assets to our business and great business partners. Every person … Read More
You tell a peer that you are overwhelmed with your job, life, everything. And what do they recommend? Make a “to-do” list! Brilliant! Problem solved. End of blog post! Nope. Don’t get me wrong, lists are great; they keep us organized and on task, and help us keep things in perspective. We can make list, … Read More