AlternativeTransferProcess.pdf
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iTitleTransfer provides an alternative low-cost title transfer process for iBuyers that reduces residential real estate transfer costs and increases iBuyer profitability. Their process searches and scores public land registry data to facilitate single-family home transfers between consumers and iBuyers. It includes a legal opinion and land registry monitoring service during transfers using warranty deeds and certificates of ownership instead of traditional title insurance. This proprietary method saves iBuyers time and money compared to the status quo title insurance business model.
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The document introduces iTitleTransfer's loan closing platform, which provides lenders with an end-to-end closing alternative that uses insured attorney opinion letters instead of title insurance. This reduces borrower loan closing costs and gives consumers more choice. The platform conducts loan closing activities like search and examination, document preparation, and eNotary and eSign. Fannie Mae and Freddie Mac have authorized the attorney opinion letters, which serve as an alternative to costly title insurance. Lenders that outsource closings to iTitleTransfer can provide borrower savings.
iTitleTransfer Alternative to Title Insurance[
An online loan closing platform called iTitleTransfer provides a low-cost alternative to traditional title insurance closings for lenders and borrowers. It is the nation's first end-to-end electronic loan closing platform authorized by government-sponsored enterprises. The platform was founded by Theodore Sprink and offers contact information on its website at www.iTitleTransfer.com.
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iTitleTransfer Reports ALTA Steps Up Monopolistic Anti-Consumer Rhetoric
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iTitleTransfer Reports ALTA Doubles Down on AOL Rhetoric
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iTitleTransfer's Sprink Consumer Choice AOL Opinion Essay
iTitleTransfer NEWS RELEASE Announces Nation's First AOL Alternative to Titl...
iTitleTransfer NEWS RELEASE Announces Nation's First AOL Alternative to Titl...
iTitleTransfer Alternative to Title Insurance[1] - Read-Only.pdf
iTitleTransfer Alternative to Title Insurance[1] - Read-Only.pdf
iTitleTransfer Announces NS3 Attendance in St. Louis
iTitleTransfer Announces NS3 Attendance in St. Louis
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iTitleTransfer Introduces Loan Closing Platform Reducing Costs for Minority H...
iTitleTransfer: Title Agents Seek Attorney Opinion Letter
iTitleTransfer: Title Agents Seek Attorney Opinion Letter
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iTitleTransfer: Sprink Urges Congressional ALTA Monopoly Hearings
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iTitleTransfer: Sprink Proposes Standardized Attorney Opinion Letter
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iTitleTransfer: Attorney Opinion Letter is a Consumer Choice
iTitleTransfer; Sprink: Consumer Deserve Choice of Attorney Opinion Letter
iTitleTransfer; Sprink: Consumer Deserve Choice of Attorney Opinion Letter
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iTitleTransfer: Realtors Seek Attorney Opinion Letters
iTitleTransfer: Title Agents Gain Access to Attorney Opinion Letter
iTitleTransfer: Title Agents Gain Access to Attorney Opinion Letter
iTitleTransfer Introduces America's Land Transfer Association
iTitleTransfer Introduces America's Land Transfer Association
iTitleTransfer GSE-Compliant Loan Closing Alternative
iTitleTransfer GSE-Compliant Loan Closing Alternative
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iTitleTransfer: Loan Brokers Gain Access to Attorney Opinion Letter
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AlternativeTransferProcess.pdf
- 1. iTitleTransfer understands the business of iBuyers and how a reduction in residential real estate transfer costs contributes to increased service fees revenue, profitability, liquidity and investment spreads based on algorithm-driven purchase prices, interest carry, hold times, renovations and closing costs Public land registry data used by title insurance companies is searched, examined and scored to facilitate the transfer of SFRs pursuant to Purchase & Sales Agreements between Consumer Sellers and iBuyers. Warranty Deed-based “Certificates of Ownership” transfer ownership at closing Transfers include a legal opinion and land registry alert-monitoring service identifying unauthorized changes to ownership or lien filings. iTitleTransfer provides a proprietary, low- cost alternative to the traditional title insurance business model, significantly reducing title transfer costs. Finally, there is a practical method to transfer title to real property without purchasing outdated, status quo, time consuming, cumbersome, expensive and often unnecessary title insurance Alternative Transfer Process Increases iBuyer Profitability Theodore Sprink, Managing Director | 866-494-3727 | tsprink@iTitleTransfer.com www.iTitleTransfer.com