Realty Biz

JULY 19, 2022

Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession.

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Purchase and sale agreement Short sale Loans Inspection 102

Realty Biz

AUGUST 6, 2021

As the market again plows bullishly upward into unaffordable home prices, the most likely cushion from a full market meltdown this time will be stricter bank loan regulations and homeowner equity. The housing bubble bust of 2008 resulted in almost 10 million Americans losing their homes to foreclosures and short sales.

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Short sale Loans Equity Mortgages 103

Realty Biz

MAY 22, 2022

A Short History of ARMs. Adjustable-rate mortgages were a significant contributing factor to the Great Recession foreclosures and short sales. Despite 30-year mortgages being firmly above a 5% interest rate, mortgage applications for home purchases increased 5% in mid-May. Now, the share of ARMs is 11% of overall mortgage loans.

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Short sale Loans Mortgages Equity 90

HomeLight

JULY 31, 2022

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. Check your equity to get started. As a military member selling a house, the options available to you depend on your equity , which is the percent of your home that you own outright. Servicemembers Civil Relief Act (SCRA).

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VA loan Purchase and sale agreement Short sale Pre-approval 71

Easy Agent Pro

OCTOBER 29, 2020

Overnight, real estate agents became “short sale experts” during a time when few even knew what the term meant. Brush up on the foreclosure and short sale process by taking the classes (it’s actually a one-day session you can do online” leading to NAR’s short sale and foreclosure designation.

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HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

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Short sale Sales Pre-approval Equity 87

HomeLight

JUNE 23, 2023

A house can avoid probate if it’s automatically passed on to survivors via a living trust , joint ownership , community property law , or transfer-on-death deed. So what happens to a house in probate? Step one: Talk to an expert! Selling your house soon? In many cases the spouse receives the house as the sole beneficiary.

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The Residential Specialist

JUNE 30, 2021

Thompson compares the toughness of divorce listings to short sales. Their lives are upside down; their financial status is often wrecked,” says Diallo Stevens, CRS, associate broker of Keller Williams Gold Coast, serving New York City and Long Island, New York. They’re afraid. Pitfall #1: Choosing sides.

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HomeLight

OCTOBER 5, 2020

If you’re buying a house with cash , it makes sense to try to get as good a deal as you can — and that’s where auctions come in. But is it true that you’ll pay much less if you buy a foreclosed house at auction ? And if so, how much of a discount can you expect? How much do foreclosed homes sell for at an auction?

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Due diligence Earnest money deposit Banks Inspection 54

Housing Wire

APRIL 15, 2021

On Wednesday, lawmakers published a draft version of the legislation, the “Downpayment Toward Equity Act of 2021,” ahead of a hearing held by the U.S. That qualification doesn’t apply if the borrowers’ parents lost their home in a foreclosure or short sale, or if the borrower has ever been in foster care, however.

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Short sale Development Loans Equity 546

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

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HomeLight

APRIL 29, 2022

Whether you’re thinking about selling your home, borrowing from your home equity, or canceling private mortgage insurance (PMI) , it’s worth considering how to increase home value for an appraisal. Our HVE combs public data including tax records and assessments and pulls recent sales records for other properties in your neighborhood.

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Equity Agents Construction As-is 120

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 106

HomeLight

APRIL 30, 2021

They’re looking for how long homes like yours took to sell and the difference between their list prices and their sale prices. Maybe selling your home is part of your two-year or five-year plan. Or perhaps you’re curious whether you should put it on the market sooner. Actually, there is. But how much does a comparative market analysis cost?

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Marketing MLS Agents Renovation 99

Realty Biz

SEPTEMBER 23, 2021

Miami-Dade County real estate broke another record, posting its best August sales month in history as pent-up demand, more U.S. Miami-Dade County total home sales surged 30.6% year-over-year in August 2021, from 2,527 sales to 3,299. This record-breaking sales year will have a long-lasting impact on our community.”.

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Sales Fixed-rate mortgage Short sale Equity 105

HomeLight

SEPTEMBER 2, 2021

If you take out a home equity line of credit (HELOC) to pay for a remodel, you can deduct interest you pay on that loan — as long as you use the money to buy, build, or substantially improve the property. So what kind of tax breaks for buying a house can you get these days? Source: (Gian Paolo Aliatis / Unsplash). Deductions.

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Residential Mortgages Loans Short sale 90

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Nevertheless, Miami’s May 2022 total home sales finished 21.9% There are 2.6

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Sales Short sale Mortgages Fixed-rate mortgage 78

HomeLight

JULY 31, 2021

The short answer: Yes, according to experts, real estate tends to be a good investment , provided you’re not trying to profit in the short term. You picture yourself retiring early, living in a sleepy beachside town while your investments rake in passive income far greater than what you ever made at your day job. Honestly, it depends!

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Investor Equity Renovation Mortgages 92

Marco Santarelli

JULY 11, 2022

The improving economy and the approaching peak homebuying years of millennials are driving a residential housing boom. In May 2022, 25 percent of total sales were made in cash, down from 26% in April and up from the 23% recorded in May 2021. Home prices have been increasing in the mid-single digits for many years. percentage points).

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Sales Marketing Fixed-rate mortgage Mortgages 98

HomeLight

JULY 31, 2021

Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. They look for motivated sellers who want to close quickly and avoid the potential complications of financing or sale contingencies, even if it means accepting a lower offer price,” he explains.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

FEBRUARY 26, 2021

My expenses were going up faster than rent was going up, so I decided to seize the opportunity to cash out and move my equity into better performing investments,” he says. When you go to sell a house you’ve used as your main residence, the upside you make from that sale is usually tax-free. Let’s not sugar coat it, though.

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Purchase and sale agreement Investor Sales Agents 83

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. What About ARMs?

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Purchase and sale agreement Title Proof of funds Pre-approval 97

Marco Santarelli

MAY 31, 2022

How is The Asheville Real Estate Market 2019? Real estate can be a worthy investment opportunity. With research, a plan and the right price, just about anyone can be a real estate investor. If you are looking at investing in the Asheville real estate market as a potential investment opportunity, you must read till the end. by May 2020.

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Marketing Investor Sales As-is 104

Dwell Real Estate

JULY 1, 2020

A full appls package is included. SGD’s overlook a pvt screened balcony from the great rm w/ living & dining space. The spacious MBr is complete w/ a lg WIC & MBa. Both baths have been renovated w/ tile flrs & stylish vanities. Conveniently located just outside your door is a secure spot for ext storage.

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Construction Renovation New Construction As-is 98