Remove tag escrow
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What Does ‘Under Contract’ Mean on a Home Listing?

HomeLight

In this post, we’ll explain the “under contract” listing status tag. We’ll also share expert insights on how this tag and others might impact your homebuying plans. But what does “under contract” mean in real estate? Can you still make an offer on a home that’s “under contract”?

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Purchase market will highlight closing process problems

Housing Wire

Like it or not, the most nerve-wracking part of buying or selling a home comes when the “file” heads out to the title and escrow company. It’s where phone tag and emails lost in spam filters mean duplicated tasks, needless delays and even errors. The wait seems tedious. Information and updates do not flow freely.

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Stepping up the fight against fraud in mortgage lending

Housing Wire

The going price for a social security number is about $4, but based on credit score, that price tag rises significantly. Due diligence to verify the destination account of an escrow or down payment is also essential, since such transfers can’t be undone, and there is little recourse for seller or buyer once the sum is gone.

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It’s that time of year! Reach out to everyone in your sphere

Easy Agent Pro

Tip: If you look for pop-by gift ideas online you’ll find that many recommend adding a completely over-the-top-hokey tag to the gift. For instance, included with the gift of a jar of local or homemade jam, is a tag that reads “Real Estate is my JAM!”. The Gallery Collection. cardsforcauses. cardsdirect.

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The Five biggest drawbacks of a Lender-Financed Offer

CT Homes

If these items come at a significant price tag, the buyer may get shaky and feel like they are overpaying for the property. This decision can come days or even weeks after being in escrow. If you’re on the flip-side selling to a buyer like this who cancels escrow after finding a better option, you may be out of luck.

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Financing Fell Through (and Other Lender-Financing Risks)

CT Homes

If these items come at a significant price tag, the buyer may get shaky and feel like they are overpaying for the property. Sadly, this decision can come days or even weeks after being in escrow. If you’re on the flip-side selling to a buyer like this who cancels escrow after finding a better option, you may be out of luck.

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Find Cash Home Buyers in Los Angeles for a Fast, Simple Sale

HomeLight

Once both parties agree on the price, they sign a contract and submit it to a title company (at which point it goes into escrow). If, for example, the county has tagged your home or there are liens against it, the timeline might be extended. I bring this up because the escrow period can look very different for different people.”

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