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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

Despite having long ago settled the commission lawsuits , legal challenges continue to mount for real estate industry giant Anywhere. They allegedly withheld the earnest money deposit and misused equitable title by delaying the cancelation of the deal and using their partial claim on the property to extort money from the Campolis.

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Earnest Money and House Deposits Explained

Rochester Real Estate

The Essentials of Home Deposits When you make an offer on a house , you want the seller to take their property off the market. This isn’t without risk for the seller, and to show you are serious about the purchase, a good faith house deposit is required. The answer depends on who didn’t follow the contract properly.

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10 Ways Agents Can Help Buyers Win More Offers in a Competitive Spring Market

BAM Media

A Strong Earnest Money Deposit A standard deposit is 5%, but serious buyers should consider going higher10%, 15%, or even more. The bigger the deposit, the stronger the commitment. For industry news, edutainment and humor, sign up for the BAM newsletter.

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Stop Making These Real Estate Videos (And What to Do Instead)

BAM Media

At some point, someone told real estate agents they had to make these types of videos, and they have become a staple in our industrys content strategy. Very rarely do people log on thinking, I really hope I learn something about earnest money deposits today! or The Difference Between Pre-Approval and Pre-Qualification.

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What to Know About Buying a Home For The First Time

Rochester Real Estate

If your offer is accepted, you will sign a purchase agreement and pay an earnest money deposit. Bill has been working in the real estate industry for the past thirty-seven years. The seller might return with a counteroffer based on your offer’s price, contingencies, or other terms.

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Staying Ahead of the Curve With Secure Digital Payments

RIS Media

Above: Kim Luckow and David Mussari.

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The Best Mortgage Blogs From 2017 | Advice For Home Financing

Rochester Real Estate

The authors of these articles are some of the best writers in the mortgage and real estate industries. ” is an extremely common question in the mortgage and real estate industries. Not only could a delay cost you your dream home, but also the earnest money you put down on it.