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Transfer the property to themselves and then sell it and pocket the cash, or get a cash-out refinance mortgage on it, pocket the money, and never make a payment Find a buyer and sell the property ...
Sell Raleigh Home Fast: This company buys houses in as-is condition across North Carolina. It makes offers in 24 to 48 hours and says it typically closes deals in a week or two.
Median home-sale prices rose by 11.1 percent between December 2022 and December 2023, according to Redfin data — however, while homes today sit on the market for far less time than they used to ...
HomeVestors of America, Inc. is an American privately owned, real estate investing franchisor. It is independently owned and operated franchisees buy homes in need of repair and homes that owners need to sell more quickly than usually can be done through a realtor. Franchisees usually renovate and sell or rent the homes. [1]
Equity stripping or equity skimming is a variation on lease-buyback and is one of the most common types of foreclosure rescue schemes. [4] In it, the perpetrator assumes ownership of the house while allowing the former owner to continue living there, provided that s/he pay rent to the perpetrator, who is the new owner.
Just like any other operations, risks do exist when dealing with Internet real estate. There have been cases where personal details and financial information were copied when cybercriminals posed as sellers who listed their properties. Unfortunately, they published fake information about themselves and their properties and collected deposits ...
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