Remove Brokerage Remove Earnest money deposit Remove Purchase and sale agreement
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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

The Campolis allege that the Bulls failed to deposit $100,000 in earnest money as agreed to in the contract, instead forging documentation falsely showing that the money had been deposited.

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Can You Get Your Earnest Money Back at Closing?

Redfin

When buying a home, youll likely come across the term earnest money – a deposit that shows the seller youre serious about the purchase. But what actually happens to that money once the deal closes? What happens to earnest money at closing? Does it go toward your down payment? Do you get it back?

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Is Your Realtor Doing a Good Job? Answer These 6 Questions to Find Out

HomeLight

Or maybe, you signed a purchase agreement with a real estate agent and have heard nothing but crickets since. For added insight on what constitutes a “good agent,” we interviewed top real estate agent Jason Farris who completes 11% more home sales than the average agent in Fresno, California. Source: (Surface / Unsplash).

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Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

HomeLight

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. Why do sellers love cash so much? Not always!

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Coldwell Banker taps Payload for automated earnest money deposits

Housing Wire

Coldwell Banker Realty just made earnest money deposit payments much easier for real estate agents and homebuyers. Technology provider Payload is integrating with the brokerage firm, according to a recent announcement. can now process all earnest money deposit (EMD) payments through Payload’s Check21 feature. “In

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

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. Call option.