The con is older than the internet–but all the more powerful in a real estate industry locked down by a pandemic and increasingly dependent on cyber-transactions. The digital scam nearly upended a deal just hours before closing. Willow Glen agent Don Sabatini led his client, a savvy, professional woman with grown children, through the months-long […]
How to Help Buyers Through Financial Questions
Do you know when the deposit is due when buying a home? Many first-time homebuyers will ask their real estate agent this question and many others, so you must be prepared to give them an accurate answer. When buyers are purchasing a house, there is a lot to think about and remember. They need to have their […]
3 Ways for Clients to Prevent Wire Fraud
It’s your buyer’s worst nightmare: Everything is a go for purchasing the house of their dreams and in the next moment, the entire down payment is gone with little hope in getting it back. Wire fraud has happened all across the country to buyers who have fallen prey to a phishing scam, resulting in losses […]
Closing Delays On the Rise
Closing times are lengthening. The time-to-close averaged 40.5 days from November 2015 to November 2016 compared to 36.7 days the year before, according to data from the National Association of REALTORS®. NAR called the longer times in closing “unexpected” in a recent blog post. NAR began tracking closing delays following the implementation in 2015 of […]