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  2. Wraparound mortgage - Wikipedia

    en.wikipedia.org/wiki/Wraparound_mortgage

    An example: The seller, who has the original mortgage sells his home with the existing first mortgage in place and a second mortgage which he "carries back" from the buyer. The mortgage he takes from the buyer is for the amount of the first mortgage plus a negotiated amount less than or up to the sales price, minus any down payment and closing ...

  3. Real Estate Settlement Procedures Act - Wikipedia

    en.wikipedia.org/wiki/Real_Estate_Settlement...

    RESPA was created because various companies associated with the buying and selling of real estate, such as lenders, real estate agents, construction companies and title insurance companies were often engaging in providing undisclosed kickbacks to each other, inflating the costs of real estate transactions and obscuring price competition by ...

  4. Buyer brokerage - Wikipedia

    en.wikipedia.org/wiki/Buyer_brokerage

    A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdom and Australia, the most common term is buying agent.

  5. Realtor rules just changed dramatically. Here's what buyers ...

    www.aol.com/news/realtor-rules-just-changed...

    A landmark agreement is going to shake up how real estate deals are done. Here's how the new rules will affect sellers, buyers and brokers. ... Here's how the new rules will affect sellers, buyers ...

  6. 12 questions to ask a Realtor when buying a house - AOL

    www.aol.com/finance/12-questions-ask-realtor...

    Buying a home can be stressful — the experience involves many steps and a lot of money. It’s complex, but a real estate agent or Realtor who specializes in helping buyers is a licensed ...

  7. Buying and selling homes in SC may change forever after ...

    www.aol.com/buying-selling-homes-sc-may...

    Karen Yip, broker and owner of Yip Premier Real Estate in Columbia, said that some buyers in the state may be impacted by the end to the practice of requiring a seller to list proposed ...

  8. Real estate business - Wikipedia

    en.wikipedia.org/wiki/Real_estate_business

    A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...

  9. What new Realtor ruling means for Columbus home buyers, sellers

    www.aol.com/realtor-ruling-means-columbus-home...

    The traditional way of buying and selling central Ohio homes ... paying commissions for both the seller's and the buyer's real-estate agents. ... for example, would pay a total of $18,000 ($9,000 ...