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Qualia launches wire fraud protection product

Housing Wire

Qualia on Tuesday said the new product provides closing agents with the ability to securely collect and share wire instructions with buyers and sellers, and it features systems for earnest money deposit collection, automated wire matching, wire-sending integrations, wire fraud detection , and seller ID verification.

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Deeper asset history unlocks new lending opportunities

Housing Wire

Department of Housing and Urban Development (HUD), Federal Housing Administration (FHA), U.S. Or maybe the lender just needs to verify the source of a borrower’s earnest money deposit. Department of Veterans Affairs (VA), U.S. Long asset history may not be available for every borrower.

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How Much Money Do I Need to Buy a House?

Redfin

Here are the key expenses: Earnest money deposit Down payment Closing costs Prepaid costs (taxes, insurance, interest) Moving costs Mortgage payments Mortgage insurance (if applicable) HOA fees (if applicable) Well use the median U.S. Earnest money deposit Earnest money is paid after a seller accepts your offer on a house.

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RE/MAX Adds Payload Keybox to Approved Supplier Program

RIS Media

RE/MAX developed RE/MAX Marketplace SM , a one-stop shop where RE/MAX affiliates can find resources to grow their business, from yard signs to digital workflow solutions, often at a discount. Its direct integration with our back-office system has made reconciliation a breeze for our admin team.”.

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Creative Ways To Win A Bidding War In A Competitive Market

Easy Agent Pro

Are there upcoming developments or infrastructure projects that could impact property values? By writing a compelling offer letter, including flexible terms and contingencies, and offering a higher earnest money deposit, you can differentiate yourself from other buyers and increase the chances of your offer being accepted.

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Cash Deposits When Buying a Home: What to Know

Point2Homes

Therefore, when purchasing a home — especially for the first time — buyers should have a strong grasp of how lenders treat deposits. Let’s take a look at the considerations surrounding cash earnest money deposits when buying a property. Verifying Cash Deposits. Simplified Cash Deposits.

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Are HUD Homes a Good Deal? How to Tell If the Properties Are a Fit

HomeLight

The name comes from the US Department of Housing and Urban Development (HUD). The HUD Home bid package includes a sales contract , an addendum regarding lead-based paints, an earnest money deposit of 5% through cash, cashier’s check, money order, or letter of credit, and a forfeiture of earnest money deposits document.