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How a luxury real estate agent fell for a listing scam

Housing Wire

Why listing scams are on the rise Unlike home sales, land transactions often skip in-person meetings or property access, which makes it easier for scammers to impersonate legitimate owners without detection. Watch for these red flags Repeated use of the same property Scammers often recycle the same land listings. Use a service.

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Black Friday deals on a new home? Here you go

Housing Wire

For instance, at Lone Star Landing in Montgomery, Texas, M/I Homes is offering discounts ranging from $7,500 to $20,000 on specific properties. Chicago’s offerings include doorbuster deals on Quick Move-In homes, which reduce pricing up to $93,850 if the home closes this year. The home builder’s holiday incentives range by location.

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Proposal would allow Freddie Mac to acquire closed-end second mortgages

Housing Wire

The Federal Housing Finance Agency (FHFA) this week announced a new product proposal for government-sponsored enterprise (GSE) Freddie Mac that would allow the agency to purchase certain single-family, closed-end second mortgages. This is specifically designed to benefit consumers during the high rate environment, the agency said. “In

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Opinion: Foreign land ownership legislation and principles for protecting property rights

Housing Wire

Many of these laws target specific types of real estate deemed crucial to national security, such as farmland or property near military installations, while other laws apply more broadly to all types of land. Laws should mandate that authorized state agencies record relevant documents and court orders in local land records.

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RealTrends launches real estate agent and team city rankings

Housing Wire

These rankings are designed to help top-performing agents and teams highlight their accomplishments within their specific local markets, enhancing their credibility where it matters most — close to home. This year’s inaugural rankings feature agents and teams from 50 cities across the U.S.,

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MISMO searches for participants for closing initiative

Housing Wire

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process.

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Stavvy lands $40 million Series A for aggressive growth

Housing Wire

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. The post Stavvy lands $40 million Series A for aggressive growth appeared first on HousingWire. The funding caps a period of intense growth period for Stavvy.

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