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Blue Ridge Bankshares is selling its mortgage banking division

Housing Wire

on Thursday announced that Blue Ridge Bank has entered into a definitive asset purchase and sale agreement to sell certain assets of its mortgage division. Monarch Mortgage provides mortgage banking services, including the origination and processing of residential mortgages primarily for sale on the secondary market.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. An agent may also be present at closings to review closing documents and help guide their client through the final steps. How do real estate agents get paid?

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How to Invest in Real Estate: A 7-Step Beginner’s Guide

The Close

While The Close likes to keep our articles short, this topic needs a bit more explanation, but trust us, it will be worth your while. Have a clear investment strategy and long-term goals before purchasing. Next, draft an operating agreement that outlines your company’s purpose, structure, and governance.

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How to Buy a Multifamily Property in 10 Steps

The Close

In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability. Simply put, it’s a residential building with more than one unit designed to house multiple families.

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Selling a House ‘As Is’ in South Carolina

HomeLight

Real estate attorneys are considered essential for closing in the state of South Carolina. An as-is home sale means the seller isn’t planning to make repairs or offer credits for issues the buyer might find. An as-is home sale means the seller isn’t planning to make repairs or offer credits for issues the buyer might find.

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What are transfer taxes? Everything homebuyers and sellers should know

Redfin

Whether you’re purchasing a brownstone in Brooklyn, NY , or selling a ranch-style home in Tucson, AZ , understanding how transfer taxes work can help you avoid unexpected costs and negotiate smarter. Transfer taxes are usually charged at the state, county, or municipal level, and are based on the property’s sale price or assessed value.

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What Does a Real Estate Lawyer Do?

Rochester Real Estate

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Does a Real Estate Lawyer Do? These documents include purchase agreements, deeds, titles, lease agreements, and financing contracts.