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

Housing Wire

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. The property is then listed, typically below market value to generate interest in the listing. When it comes to close on the sale of the property the scammer will request a remote notary signing.

Sellers 383
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5 Appraisal Topics Every Agent Should Know

Empire Appraisal Group

It’s also the appraiser’s job to develop an opinion on a home’s fair market value, and just because the buyer and seller have agreed on a price doesn’t mean that’s the true value of the property, said Francois Gregoire, broker, appraiser, instructor, and president of Gregoire & Gregoire Inc.,

Agents 78
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Creativity, AI Help Boost Fraud Risk in Real Estate

Will Springer Realtor

The “owners” want to urgently sell the property – often below the true market value – simply to move the sale along quickly and reap the financial reward. Greater measures are being taken to prevent the illegal sale of properties. mail and other means. No response equals no sale.

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What is a 1031 Exchange? A Beginner’s Guide

Property Metrics

1031 ), which defines the conditions for tax deferral on the sale of real estate. In other words, taxes can be deferred on the profitable sale of a commercial property as long as the proceeds are “exchanged” into a new property of “like kind” that is held for investment purposes. Is it possible to do a 1031 Exchange into a REIT?