Housing Wire

APRIL 12, 2023

In the case of the real estate company, a spoofed email that purported to be from a real estate agent at the company directed a closing attorney to wire $154,000 in home-purchase funds to a bank account controlled by the fraudsters. bank accounts to various locations in West Africa via wire transfers.

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Industrial Banks Title Technology 371

HomeLight

MAY 22, 2024

Work with a reputable local real estate agent Even when selling for cash, working with a local real estate agent can be hugely beneficial. Agents often have established networks, including cash buyers who are ready and able to purchase properties. Petersburg who might be willing to purchase your property. Petersburg.

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Proof of funds Due diligence Marketing Investor 101

HomeLight

MAY 21, 2024

Work with a reputable local real estate agent Choosing to sell your home for cash doesn’t mean going it alone. Local real estate agents are invaluable in this market, often boasting extensive networks of cash buyers looking for properties just like yours.

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Sales Proof of funds Due diligence Investor 98

HomeLight

MAY 29, 2024

Work with a reputable local real estate agent Even if you’re considering a cash sale, partnering with a reputable local real estate agent can be highly beneficial. Agents often have established networks that include cash buyers who may be interested in properties like yours.

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Proof of funds Due diligence Investor Agents 72

Realty Biz

FEBRUARY 19, 2024

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Being a real estate agent for the last thirty-eight years, I have had numerous experiences selling land. Careful due diligence is necessary to ensure you don't make any significant mistakes.

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Land Due diligence Title search Finance 126

HomeLight

MAY 15, 2024

Here are a few ways to find reputable cash buyers who can make a quick offer: Work with a reputable local real estate agent Choosing to work with a knowledgeable local real estate agent can simplify the cash sale process. An agent can put you in touch with serious cash buyers, potentially speeding up the transaction.

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Proof of funds Sales Due diligence Investor 104

HomeLight

MAY 8, 2024

Work with a reputable local real estate agent Even when opting for a cash sale, working with a top-performing real estate agent can streamline the process. Agents have established networks and often know investors interested in buying homes for cash. If a buyer hesitates to provide this proof, consider it a red flag.

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Proof of funds Due diligence Investor Agents 105

RIS Media

MAY 26, 2023

Setpoint has acquired Resolute Diligence Solutions, a due diligence provider focused on Single Family Rental (SFR) and Residential Transition Loans (RTL). Resolute, according to a release, is the preferred partner by the world’s largest banks and private lenders as well as originators.

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Due diligence Lending Technology Residential 105

Housing Wire

MAY 10, 2022

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. The problem: They did not qualify for the loans. Hill’s scheme, also enabled by a group of co-conspirators, caught up with him, in part because many of the loans started going south. Petersburg.

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Mortgages Marketing Loans Finance 390

HomeLight

APRIL 9, 2024

Work with a reputable local real estate agent Even if you’re leaning towards a cash sale, partnering with a knowledgeable Miami real estate agent can be immensely beneficial. Agents often have extensive networks that include cash buyers actively seeking properties like yours.

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Proof of funds Due diligence Investor Banks 105

HomeLight

MAY 10, 2024

Work with a reputable local real estate agent Even when seeking a cash sale, working with a local real estate agent can significantly improve your chances of finding a serious buyer. Agents are not only familiar with the market but also often have direct connections to cash buyers looking for new investments.

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Proof of funds Sales Due diligence Investor 97

HomeLight

MAY 3, 2024

Here are some strategies to help you find reliable cash home buyers in Chicago who might offer a fair price for your property: Work with a reputable local real estate agent Even if you’re leaning towards a cash sale, working with a reputable local real estate agent can streamline the process.

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Proof of funds Due diligence Investor Agents 99

Housing Wire

MAY 26, 2023

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. With fewer deals happening, agents are eager to jump on the listing and they maybe aren’t doing as much of their due diligence.” Oftentimes this leads to the discovery of vacant lots.

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Title Land Due diligence Sales 376

HomeLight

SEPTEMBER 1, 2020

If that’s you, you may have heard that one path to a deal is buying a bank-owned foreclosure. There are pros and cons to consider when going this route, however, such as the fact that bank-owned properties often need more TLC than other homes on the market, and many are sold as-is. What’s a bank-owned foreclosure?

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Banks Inspection contingency Inspection FHA loan 92

HomeLight

MAY 15, 2024

Work with a reputable local real estate agent Even if you’re leaning towards a cash sale, partnering with a knowledgeable local real estate agent can be beneficial. Agents typically have connections to cash buyers actively seeking properties like yours.

Proof of funds 89

Proof of funds Due diligence Investor Agents 89

HomeLight

MAY 7, 2024

Work with a reputable local real estate agent Opting for a cash sale doesn’t mean you should forego the expertise of a local real estate agent. Agents frequently have direct connections to cash buyers who are actively searching for properties like yours.

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Proof of funds Due diligence Investor MLS 95

HomeLight

MAY 10, 2024

Work with a reputable local real estate agent Even if you’re leaning towards a cash sale, partnering with a reputable local real estate agent can make the process more efficient. Agents are not just for traditional sales; they often have direct connections to cash buyers actively seeking properties like yours.

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Proof of funds Due diligence Investor Agents 88

Realty Biz

OCTOBER 23, 2023

Lead generation: AI can be used to generate leads for real estate agents and brokers. Due diligence: AI can be used to automate the due diligence process for real estate transactions. This can help agents and brokers to be more responsive to their clients' needs and to close deals more quickly.

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As-is Industrial Due diligence Development 95

HomeLight

APRIL 5, 2024

Work with a reputable local real estate agent One of the biggest benefits of a cash offer is that you can often avoid real estate commissions. But don’t rule out working with a real estate agent just yet. Experienced Oklahoma agents often have connections to cash buyers who might be interested in buying your home.

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Proof of funds Sales Due diligence Investor 104

HomeLight

MAY 15, 2024

Work with a reputable local real estate agent Even when selling your home for cash, working with a knowledgeable local real estate agent can be extremely beneficial. Agents typically have established networks, including cash buyers who are actively seeking new investments.

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Proof of funds Due diligence Investor Renovation 103

Realty Biz

JUNE 20, 2023

However, it requires a sound strategy and due diligence to find the best deals. Real estate agents specializing in foreclosures can also provide you with listings and valuable insights. REOs: If a property does not sell at auction, it becomes a real estate-owned property, owned by the bank or lender.

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Due diligence Hard money loan Inspection Title 74

HomeLight

JUNE 23, 2022

It’s really good faith money,” says Kelly Allen , a top agent and seller representative specialist in Marietta, Georgia. Real Estate Agent. Real Estate Agent at Keller Williams Realty Atl North. Issues that arise during due diligence. Suppose the inspection uncovers issues that are unacceptable to the buyer.

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Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 107

Realty Biz

MARCH 15, 2021

As a result, agents, landlords, and tenants alike can use the blockchain to solve issues and create new opportunities. Using cryptocurrencies to purchase real estate without using banks has already been happening over the last decade. A decentralized network also allows for the reduction of costs involved with property transactions.

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Technology Due diligence Title Marketing 145

The Residential Specialist

FEBRUARY 27, 2024

Agents must stay vigilant as fraud and scams become more prevalent in the residential real estate profession By Jason Henninger Anywhere there are financial transactions, the threat of fraud comes with them. To prevent falling victim to fraud, real estate agents must clearly understand what types of scams are out there.

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Earnest money deposit Proof of funds Due diligence Title 98

HomeLight

APRIL 22, 2024

Work with a reputable local real estate agent Opting for a cash home sale doesn’t mean going it alone; working with a reputable local real estate agent can be invaluable. Agents typically have connections with cash buyers, including investors who are eager to snap up properties that fit their buying criteria.

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Proof of funds Sales Due diligence Investor 60

HomeLight

NOVEMBER 30, 2022

With this shifting landscape in mind, arguably the most important first step in your homebuying journey is knowing how to pick a real estate agent. According to a National Association of Realtors report, 86% of buyers said their agent was a useful source of information when navigating the homebuying process. Get Started.

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Agents Purchase and sale agreement Technology Seller concession 107

HomeLight

JANUARY 27, 2021

If you’re new to buying a home, you might be wondering where to start and how to work with a real estate agent. but after scrolling through pages of agents with the same star ratings and blindingly similar reviews from clients, you probably still aren’t sure where to start. How do you know if an agent is good or not?

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Agents Purchase and sale agreement Debt-to-income ratio Due diligence 95

HomeLight

MARCH 22, 2022

Who doesn’t love the charm that popular Netflix shows (we’re looking at you, Outer Banks ) make us weep to call home? It’s an attractive location if you have a family and want a lot of space,” says expert real estate agent Madison Griffith with Ginger & Co. Ever heard of the due diligence fee in North Carolina?

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Due diligence Closing costs Earnest money deposit Loans 99

HomeLight

AUGUST 31, 2021

From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. Jason Bragg , a top-selling agent in North Carolina’s Winston-Salem area, reports that cash offers are especially common in 2021 among buyers who are downsizing.

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Due diligence Inspection Pre-approval Pre-qualification 88

HomeLight

OCTOBER 5, 2020

The bank or mortgage company is the linchpin of a short sale. A short sale tends to be a much better alternative than a foreclosure — something that the bank, and everyone else, for that matter, wants to avoid. The buyer really just has one chance to submit an offer that will pass the bank’s standards for approval.

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Short sale Sales Banks Due diligence 76

Realty Biz

OCTOBER 16, 2020

It operates REACH in five major markets to help startups launch and accelerate high growth in the real estate, financial services, banking, home services, and insurance industries. Second Century Ventures, a global venture fund in real estate technology, has more than 100 portfolio companies worldwide.

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Due diligence Technology Staging Property Management 76

HomeLight

SEPTEMBER 30, 2020

Teaming up with an experienced agent on foreclosure properties and auctions, we’ll answer this question and more — to prepare you for what to expect at a foreclosure auction. John Durham is a successful real estate agent in Henry County, Georgia, and has purchased homes at auction for 16 out of 20 years of his career as a real estate agent.

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Due diligence Hard money loan Finance Banks 98

Toronto Realty Blog

OCTOBER 10, 2023

A “power of sale” is simply a forced sale process because the owner defaulted on the mortgage, and the bank wants to get their money out. There are a few agents in Toronto that specialize in power of sales, and we see their names pop up on the listings time and time again. Don’t like it? No problem.

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Purchase and sale agreement Sales Due diligence Title 76

Realty Biz

SEPTEMBER 11, 2023

The real estate market in 2023 calls for more than just investment savvy; caution and due diligence have become equally essential. Homebuyers, defrauded homeowners, and real estate agents are all susceptible. Given the rising rates of fraud, due diligence is no longer an option but a necessity for a secure transaction.

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Due diligence Title Mortgages As-is 83

Marco Santarelli

OCTOBER 23, 2023

Therefore, it is always advisable to verify the availability and condition of the property with the listing agent or owner before making an offer. Another way to find cheap homes for sale in California is to look for foreclosures , short sales , auctions , or bank-owned properties. appeared first on Norada Real Estate Investments.

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Due diligence Banks Short sale Sales 52

HomeLight

SEPTEMBER 30, 2021

“A foreclosed property is a property that has gone through the legal process of foreclosure where the bank seeks to regain ownership of the property to make good on a debt,” explains top Seattle real estate agent Ken Crotts , who works with over 66% more single family homes than the average area agent. How are foreclosures sold?

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Banks Inspection Equity Investor 113

HomeLight

OCTOBER 5, 2020

To help you calculate how much a foreclosed home might sell for at auction, we talked to expert real estate agents with years of experience in the field of foreclosures. Also remember that, although you may be hoping for a discount, the bank is trying to recoup as much of the appraised value as possible. Appraised value.

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Due diligence Earnest money deposit Banks Inspection 56