The Residential Specialist

FEBRUARY 27, 2024

Lisa Paffrath, CRS, broker/owner of Better Homes and Gardens Real Estate Grand View North in Flagstaff, Arizona, works near the Grand Canyon with a lot of vacant land. One growing form of fraud, according to Veach, involves people posing as potential buyers with the intent to steal confidential banking information during money transfers.

Earnest money deposit 98

Earnest money deposit Proof of funds Due diligence Title 98

HomeLight

APRIL 30, 2021

If you’re using cash, you’ll have to show proof of funds with your offer. According to Jessica Sanchez, Head of Mortgage Operations at HomeLight Home Loans , this due diligence is two-fold: the lender also needs to check out both the borrower and the property to make sure it’s safe to lend money for the home purchase.

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Due diligence Finance Proof of funds Earnest money deposit 102

HomeLight

JULY 31, 2021

The bills are stacking up or perhaps you lost some income recently, and the money tied up in your home would help a ton at a time like this. turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. What you have is a house. What you need is cash.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

The Close

DECEMBER 29, 2022

Since an ARM’s interest rate fluctuates over time depending on various market factors, there are some experts who believe they save borrowers money in the long run. And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. Active contingent. Sure, deals can fall apart.

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Purchase and sale agreement Title Proof of funds Pre-approval 97