Quote:
Originally Posted by JoeC
I've always been so curious about this. Let's simplify the equation as much as possible and pretend my house is fully paid for and I have the deed in hand. I have a buyer who wants the house and we agree on a price. We meet at my bank to facilitate the fund transfer and sign over the deed ( I don't actually know how the deed transfer works but guess I could hire a real estate attorney for an hour to handle that).
To me it seems so simple. What could go wrong?
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How is the buyer paying in this scenario?