Our Transaction Policies

We send a notice to anyone who wants to utilize our services to sell their property BEFORE we will even consider an employment agreement, particularly for sales of vacant land. These policies have become necessary in a global economy, where scammers can be located anywhere on the planet. Out of our legal jurisdiction. So you’d get an e-mail that looks like this:

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Dear [Customer Name]:

We are looking forward to working with you to sell your property.

As part of our company policies (in accordance with licensing law & regulations duties) we ask you to review our policies listed below and reply to to this communication with the statement, “I agree.”

We are unable to list any property unless you first agree to these terms:

We will be conducting an exhaustive title search to confirm the rightful ownership of the property at the cost of the seller.

We require a copy of the seller’s latest property tax bill and the most recent proof of payment.

We require an in-person meeting or video conference with all sellers.

A “For Sale” sign with our contact information must be posted on every property we list, including the name of our listing agent and a phone number where we can be reached (unless prohibited by law or HOA or Condo Assn.)

We require all clients use one of our approved notaries public. If you are located out of our immediate area, we will provide a list of approved Notaries Public to you.

All transactions are subject to a minimum 48 hour hold before funds will be released. If the 48-hour period ends during a holiday or weekend, funds will be released on the next business day.

Sincerely,

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FINCEN Residential Rule Postponed Until March 1, 2026

But TARGETED GTOs are still in force…

FinCEN issued a temporary order granting exemptive relief from the reporting requirements. In the interim, any Real Estate Geographic Targeting Orders will remain in effect.

https://www.fincen.gov/news/news-releases/fincen-announces-postponement-residential-real-estate-reporting-until-march-1

https://www.fincen.gov/news/news-releases/fincen-renews-residential-real-estate-geographic-targeting-orders-0

Residential FINCEN Rule Goes Into Effect for Entire US on December 1, 2025 (Will Affect ALL Cash Buyers)

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QUESTION: Is it a transfer of real property containing a structure designed for 1-4 family occupancy, land on which transferee intends to build such, or shares in a cooperative housing corporation to a legal entity or trust without financing through an institution required to have AML procedures? IF YES, A REPORT IS REQUIRED!

Exemptions include:

Transfers to a trust by an individual, without consideration and where transferor is both a beneficiary and a settlor

Transfers resulting from the death of an owner including to or by a P.R.

Transfers by or to bankruptcy estates, trustees or court appointed receivers pursuant to bankruptcy proceedings

Transfers that create, convey, modify or terminate an easement

Transfers pursuant to a final divorce order, judgment or settlement agreement

Transfers supervised by U.S. courts

Transfers to a qualified intermediary in a 1031 exchange

Transfers that do not involve any “reporting person”

ALTA INFO/FORMs:

https://www.alta.org/file/ALTA-FinCEN-Seller-Collection-Form-v-10

https://www.alta.org/file/ALTA-FinCEN-Buyer-Collection-Form-v-10-fillable

Get Qualified as a “CASH OFFER” Buyer!

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Did you know I can help you get qualified to submit offers on properties as a “CASH” buyer? I just need a little info from you to start the process.

This is a great service for anyone competing against other buyers who need a contingency for financing.

Contact me for the link!

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