Inc., a 140 agent real estate firm based on the South Shore, suddenly closed on December 14, 2024, surrounded by allegations that its owner, Stephen Webster embezzled over $1 Million in escrow deposits, broker commissions, and personal loans from agents. Since...
In between our visits we received daily e-mails from Keith with new listings in our price range and with the amenities we wanted. After we selected our dream house in November, Keith kept us "in the loop" as the closing date neared. We closed in early February, and have been slowly mo...
Inc., a 140 agent real estate firm based on the South Shore, suddenly closed on December 14, 2024, surrounded by allegations that its owner, Stephen Webster embezzled over $1 Million in escrow deposits, broker commissions, and personal loans from agents. Since...
The scam artist received the check, deposited it into a Charles Schwab account, and the money is now gone, along with the title to my client’s property. To make matters far worse, there is now a $1.8 Million construction loan mortgage on my client’s title, and the “buyer” is well...
If you closed after that date, though, you probably received a closing statement instead of a HUD-1 form.While the HUD-1 and closing statements contain much of the same information, including the property price, mortgage interest rate, fees and credits, the closing statement was designed to ...
it was right up his alley... he offered me $47,000 for the property if we could sign an Assignment contract that day... we signed on it only one week after I had first seen the property. The deal closed and on the Feb 21st I received a check from the title company for $10,...
Remaining in my bank account was a lonely $20. 5 years later, I sold this house for $394,500, a gain of $102k! At the closing, I received a check for $143,842. In just 5 years, the house had increased in value by 35% and I nearly tripled my down payment. Leverage is ...
Another has copied that, as I received another notice this morning about a new listing offering the same.) A pal also got them said “If we don’t have buyers, it doesn’t matter how much sellers are willing to pay us. Besides, we are obligated to introduce buyers to all the ...
Look specifically at the year 2018 and then at 2015. It shows how real estate gets impacted by a decline in stock prices. In 2018, when the S&P 500 closed down 5.13% the Vanguard Real Estate ETF VNQ closed down an even worse 6%. Investors treated publicly-traded REITs closer to stocks ...
Here are some other recent alerts I received that also show strength in the real estate market in the SF Bay Area during the height of the pandemic. Example #1: March 27, 2020 Below is a lovely Oakland single family home with five bedrooms, three baths, 3,130 sqft that was asking $2...