In the fast-paced housing world, mobile real estate closings present convenient, efficient solutions for the home buying process. Plymouth Title Guaranty Corporation proudly provides an innovative solution for home buyers and sellers. Mobile closings simplify the process, making it more accessible and less stressful for all parties involved. The Benefits of Mobile Real Estate Closings Mobile […]
Real Estate
Inflation and Title Insurance: Balancing Rising Costs with Decreased Coverage
In the intricate dance of home buying, the work of title insurance companies often goes unnoticed by consumers, yet it is crucial to ensuring a smooth property transfer. Lately, we’ve seen the fascinating dynamic of how inflation impacts the cost of title insurance. Moreover, this is further complicated by the work behind clearing and insuring […]
APR Fees in Real Estate: Title Insurance & Closing Costs Explained
When navigating the complexities of real estate transactions, understanding the Annual Percentage Rate (APR) and its implications becomes even more crucial. The APR not only reflects the interest rate on a mortgage but also encapsulates various other fees, providing a comprehensive view of the loan’s true cost. This deeper insight into APR, particularly its relation […]
Illinois Real Estate Closings: Your Comprehensive Guide with Plymouth Title Guaranty
From the initial offer to the final exchange of keys, Illinois real estate closings involve several critical steps, each requiring meticulous attention to detail and expert knowledge. The process of buying or selling property in Illinois is a significant undertaking filled with complexities and legal intricacies. Plymouth Title Guaranty stands as your indispensable ally, guiding […]
Inflation Peak: Recent Signs of Rising Costs Coming to an End
Inflation has become a prominent concern in recent times, as rising costs have impacted various aspects of our daily lives. From grocery bills to housing expenses, consumers have felt the pinch of increasing prices. However, there are signs that the inflation peak may be within reach, offering a glimmer of hope for individuals and businesses […]
Home Builder Sentiment Declines for Tenth Month in a Row
As mortgage rates to 20-year highs, home builder sentiment declined for the tenth month in a row. Similarly existing home sales fell for the eighth straight month. Further complicating the real estate market, housing inventory presents an ongoing barrier to prospective home sales activity. Despite the longstanding challenge, new construction remains slow. NAHB Survey Indicates […]
Jackson Hole Economic Symposium Addresses Ongoing Inflation Woes
As mortgage rates continued to rise in August 2022, the Jackson Hole Economic Symposium took place. For the unacquainted, the Federal Reserve hosts this annual three-day conference, discussing the country’s economic challenges and overall direction. Unfortunately, this latest event came as the United States real estate market heads for a downturn. In the face of […]
Buyers’ Market in 2022: A Changing of the Tide?
As inflation soars and loan applications plummet, real estate analysts are starting to see evidence of a buyers’ market in 2022. For the past several years, many real estate analysts considered the housing market to be a ‘seller’s market’. In the real estate world, home prices rose, interest rates fell, and demand reached one of […]
Best Practices for Preventing Real Estate Wire Fraud
Imagine spending hour after hour searching for your dream home and finally finding it. But, as you start to complete all the paperwork and get ready to close an urgent email appears in your inbox. The email appears to be from your agent or attorney or from someone representing the seller urgently requesting for the […]
Your Real Estate During the COVID-19 Pandemic
These are certainly uncertain times for much of the U.S. economy, but one industry that is still open is real estate. Especially given the current interest rate, many lenders are overwhelmed with mortgage applications. Here is what you need to know about your real estate during the COVID-19 pandemic. Mortgage Relief Are you unable to […]