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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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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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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This is when a homeowner turns a deed over to the mortgaging bank to avoid going into foreclosure. Earnest money deposit. Also known as a “good faith deposit,” it’s the amount of money a buyer puts in escrow to show their commitment to purchase a property. Deed in lieu of foreclosure. Related Article.