Opendoor Technologies Inc. has released its annual list of the hottest ZIP codes in the country for home sales. 

Now many escrows will require that the seller sign off on the EMD release, which can be frustrating since most contracts say it should be a unilateral function (buyer automatically gets their EMD back if they cancel within the option period), but if a seller chooses to be a jerk and not sign it, the EMD could be frozen in escrow, so don't use your rent money for it. 

Ended up hiring an attorney to demand the release of the funds.

I also know that RAD's accreditation with the BBB has been revoked due to the massive influx of similar complaints that have been pouring in since the official statement was released on April 1st, 2024.I would strongly advise ALL BP members to stay far away from this scam.

They also have terms about release of properties for sale or refinance that are not favorable to the investor.

These are the best options for finding sellers willing to transact in today's market at cap rates that make sense to the current interest rate environment, in order to capitalize on the upcoming favorable market conditions over the next few years such as spiking rent growth, falling vacancy, and compressing cap rates.Interest Rate ProjectionsLooking at the Federal Reserves Dot Plot, which is released every quarter and is the federal reserves outlook on where they believe the Fed Funds Rate, which does not control fixed-rate financing but does influence it, as well as directly affects floating rate financing, is predicted to be 3% - 3.25% by Year End 2027 (Source), currently sitting at 4.25% - 4.5% today.

There is a press release from them in nearly 18 months ago talking about how they had $1bn in agreements... https://fox5sandiego.com/business/press-releases/ein-presswi...In my 17 years in real estate, I have never heard of any group that had that much money committed without taking even the first step of closing on the land.

His bank account and our bank account is frozen and they just give us a scripted message saying funds will be released once investigation is over.

Depending on how it is done and what guarantees the government offers and requires of the released entities, interest rates could move slightly higher.

Sellers should want a sentence in which the tenant confirms their security deposit will be transferred to the buyer, and the tenant will release the seller from liability for any deposit refund after the sale.