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NEVADA HOUSING MARKET UPDATE A MONTHLY REPORT FROM THE LIED INSTITUTE FOR REAL ESTATE STUDIESApril 2020LAS VEGAS METROPOLITAN AREA TRENDS . . . . . . . . . 3 WASHOE COUNTY TRENDS . . . . . . . . .

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What is rise of cash buyers?

The rise of cash buyers refers to the increasing trend of individuals or entities purchasing real estate properties without the need for mortgage financing, thereby paying the full purchase price upfront in cash.

Who is required to file rise of cash buyers?

Typically, real estate professionals, brokers, or agents involved in transactions where cash buyers purchase property may be required to file reports detailing these transactions.

How to fill out rise of cash buyers?

To fill out the rise of cash buyers form, individuals must provide details about the cash buyer, property information, transaction amounts, and any relevant identification information required by the reporting authority.

What is the purpose of rise of cash buyers?

The purpose of reporting the rise of cash buyers is to monitor real estate market trends, prevent money laundering, and ensure transparency in property transactions.

What information must be reported on rise of cash buyers?

Information that must be reported includes the buyer's identity, purchase price, property address, date of purchase, and method of payment.

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