So Austin decided to try something a bit unconventional. He offered seller financing - an agreement in which the seller acts as the lender, typically providing the buyer with a short-term home loan. In Austin's case, he held firm on the home's sale price, but offered a below-market interest rate to entice buyers. As soon as he offered the creative financing option, interest picked up.
CEO Ryan Schneider said the merger represents a major step toward building a stronger, more connected real estate platform. The proposed merger with Compass advances that journey by bringing together two of the most innovative and respected organizations in real estate, he said. We expect to create a platform where agents, franchisees and employees can thrive while delivering even greater value to homebuyers and sellers across every phase of the transaction.
A Walnut Creek apartment complex with hundreds of units has been bought by an East Coast real estate firm in a deal that points to sturdy prices for multifamily residential properties in the Contra Costa County city. The 285-unit Hanover Walnut Creek apartment property, located at 3050 Del Hombre, has been purchased for $163 million by a TA Realty affiliate, documents filed on Oct. 7 with the Contra Costa County Recorder's Office show.
The suit challenges FinCEN's anti-money laundering rule, which requires title firms to report specific details on all-cash home purchase transactions. These include the names, addresses, dates of birth, citizenship status and ID numbers of all people involved including minors plus payment details and information about trusts and entities that are purchasing the property. The rule was promulgated under the Biden administration and is set to go into effect in December 2025.
Fidelity National Financial has a long history of working with the GSEs and FHFA in protecting homeownership and property rights. We look forward to collaborating with the GSEs and FHFA on innovative title insurance solutions.
