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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. “We Oftentimes this leads to the discovery of vacant lots. million, according to NAR.

Sellers 394
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Texas Real Estate Contracts and Addendums: A Guide for Home Sellers and Buyers

Listing Spark

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. As a seller, this can help to ensure that buyers have the actual cash they are claiming they have.

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Agent vs. REALTOR®: Why the Difference Matters

Lamacchia Realty

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. To the everyday buyer and seller , they may not think there is much of a difference between the two. MLS is an extensive database of properties on the market.

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Arm’s Length or Another Type of Sale? The 7 Sale Types Explained

McKissock

Remember, in general, market value is defined as the most probable price a property should bring in a competitive and open market. This definition requires an arm’s length transaction with each of the parties acting in their own best interests. The seller and buyer have a connection by marriage, family, work, etc.

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Why Do Square Footage Disputes Arise?

Empire Appraisal Group

Be ready to explain to home buyers and sellers why there may be conflicting reports on a home’s livable space. Many characteristics affect the appeal, marketability, and value of a property. Be sure to be informed when talking to buyers and sellers about the spaces within a home. Why Do Square Footage Disputes Arise?

Sellers 78
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Appraisal Value Vs. Sale Price

Appraisal Today

percent from one week earlier Appraised Value Vs. Sale Price Excerpts: Property sellers often ask professionals who are performing appraisals for mortgage lending, “Why is an appraisal even needed? The $450,000 price is what the property is actually selling for. To read more, Click Here My comments: Definitely worth reading.

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Appraiser Gets Subpoena – What to Do 3-17-23

Appraisal Today

This statement definitely applies in the appraisal of real property. There is demand, and marketing can definitely help. That means that the market is losing buyers looking to move up and losing sellers looking to move up, so this lock-in effect is constraining both sides of the market. Sometimes it is.