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Fighting Against Real Estate Fraud

The Residential Specialist

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.

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Your Ultimate Guide to Buying a Home in Texas in 14 Steps

HomeLight

Nicknamed the Lone Star state, Texas is the second most populous state in the country and the second largest state in land mass. It’s always smart to shop around for the best rates and terms , but it could be helpful to start with the bank or credit union you already have a banking relationship with. Closing date.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

If the appraised value is less than the sale price, the contingency enables you to back out of the deal without forfeiting your earnest money deposit , says Bishoi Nageh , president of the Petra Cephas Team at Mortgage Network Solutions, in Somerset, NJ. Any paperwork the bank required to approve your loan.

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How to Read a Settlement Statement When Selling a Home

HomeLight

However, the settlement form developed by the trade group ALTA (American Land Title Association) is widely used across the nation for real estate transactions. What is an excess deposit, and who will receive the funds listed on that line? Let’s say the buyer put down a $7,000 earnest money deposit on a $100,000 home.

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What Is Buying a Foreclosure Really Like? 5 Homeowners Spill the Tea

HomeLight

What’s it really like to negotiate with a bank? They hadn’t been specifically looking for foreclosures when they found the bank-owned property back in 2015, but it was an amazing deal. “It They made an offer of $70,000, which the bank accepted. Because her divorce wasn’t final, she had to work out a deal with the bank.

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

HomeLight

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. Earnest money deposit.

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Big-City Convenience with Small-Town Charm: How to Buy a House in Arlington

HomeLight

on the southwestern bank of the Potomac River. Part of the original land designation for the nation’s capital, today Arlington operates as one of the smallest counties in the country with no cities. The high cost and limited availability of land mean most residents live in vertical developments. No prime time for buyers.