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RESPA enforcement is back — are you ready?

Housing Wire

“I think folks tend to get creative and take a bit more risk than they might be willing to take in a market where rates are lower,” Holly Bunting, a partner at Mayer Brown in the areas of residential mortgage banking and consumer finance, said in an interview. For lenders and brokerages, the risks of LOs or agents overstepping are high.

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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

Sellers tend to prefer all-cash offers because those deals close more quickly. Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. He estimates that on a $200,000 house, you could save between $5,000 and $6,000 in closing costs. Transactions.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

“We get a massive amount of investors coming to us looking for us to help them with investment properties, and a lot of them are cash,” says James Krueger , a top-performing real estate agent who sells properties 42% faster than the average Houston agent. A house-buying company generally pays closing costs.

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6 of the Top We Buy Houses for Cash Companies in Lakeland, Florida

HomeLight

They also specialize in quick sales, stating on their website that they usually deliver a cash offer within one hour and can close in as little as seven days. Closing costs: Sellers pay no closing costs; BluRobin Homes covers them. Closing costs: Sellers pay no closing costs; Rob JR Buys Houses covers them.

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7 of the Top We Buy Houses for Cash Companies in Chicago

HomeLight

With 15 years in the business, Diamond Equity Investments say they’ll buy houses being sold for any reason such as bankruptcy or foreclosure, in any condition — even fire damage — and that have baggage like large liens, title issues, or low equity. Closing costs: Sellers pay no closing costs; Diamond Equity Investments covers them.

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6 of the Top We Buy Houses for Cash Companies in Atlanta

HomeLight

After one showing, sellers get a no-obligation offer and can choose their closing date. Closing costs: According to the company website, Better House Buyers takes care of closing costs. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Brian Martucci , a personal finance expert for Money Crashers , says that cash buyers tend to target the types of properties and sellers that reinforce the inherent advantages of their strategy. If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”.