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Fighting Against Real Estate Fraud

The Residential Specialist

Agents must stay vigilant as fraud and scams become more prevalent in the residential real estate profession By Jason Henninger Anywhere there are financial transactions, the threat of fraud comes with them. In encountering the aforementioned scam, Veach had asked for and received bank statements, identification and proof of funds.

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

The Close

One example is someone using a private road to access their own land. This is the government’s right to use private land for a specific, public purpose after compensating the owner. An encroachment is a violation of an owner’s property rights by building or extending onto their land without permission. Proof of funds.

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

HomeLight

Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. Verification of funds.

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How to Buy a House in Fremont: The Ins and Outs Needed to Beat the Competition

HomeLight

The city has a Walk Score of 43 (which lands it in the car-dependent range), and public transportation, while improving and a priority for the city , isn’t as efficient for commuters (only 9% of residents use public transit). Getting the lay of the land in Fremont. Getting around in Fremont. Source: (Steve Holderfield / Shutterstock).

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How to Sell a House By Owner in Louisiana: A Pelican State FSBO Guide

HomeLight

A feature of your home that adds value is land. People want land and a home. Johnson says, “A feature of your home that adds value is land. People want land and a home. For example, we know Louisianan buyers place a premium on land. Buyers want more space now to enjoy their home. Require everything in writing.

MLS 83
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How to Sell a House By Owner in Indiana

HomeLight

Indiana state law ( IC 32-21-5-7 ) requires all sellers to file a disclosure form (such as the Seller’s Residential Indiana Real Estate Sales Disclosure State Form 46234) or a similar form that contains specific information about the condition of the home and its major systems and appliances. Require everything in writing.

MLS 79
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How to Sell a House By Owner in Kansas

HomeLight

In addition, she says acreage – or at least a yard – is in “high, high demand” in Kansas, “People look for land for years – even if they have to bulldoze the house. You can’t create more land.” “In “Eighty to 90% of buyers won’t look at a home without a basement.” Require everything in writing. Look for a good real estate attorney.

MLS 83