Keeping Current Matters

MARCH 10, 2021

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Home sales and prices were both up substantially over the year before. Home sales and prices were both up substantially over the year before. Today, it’s tough to qualify.

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Equity New Construction Construction Short sale 262

Realty Biz

OCTOBER 4, 2022

Engel & Völkers of East Greenwich announced today that Vickie Pizzarelli has joined its brokerage as a real estate advisor, where she specializes in new construction, residential sales, foreclosures, and short sales. Vickie joins Engel & Völkers from eXp Realty. Vickie holds a DiSC Trainer certification.

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Brokerage Short sale Residential New Construction 107

Realty Biz

MARCH 16, 2023

ML: I’m a subject matter expert on foreclosures, short sales, technology and social media, and then I am a full time instructor in the State of Illinois, dealing with license law, pre-licensing, that sort of thing. We recently sat down with Marki to discuss her real estate career past and present. ML: More technology.

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Short sale Investor Technology Principal 93

The Close

APRIL 30, 2024

Pricing real estate is an art and science. When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. We also need to know how to have a price reduction conversation with our clients since pricing for homeowners can be emotionally driven. But it’s critical to dig deeper.

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Agents Short sale Staging Sales 77

Realty Biz

JANUARY 19, 2023

One such option on the table is a short sale. A lender may not take the bait and agree, and a short sale could damage your credit, though not as much as a foreclosure. Depending on your state, the lender may or may not seek to forgive the difference between the loan balance and the sale price. The downside?

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Short sale Equity Loans Mortgages 82

Keeping Current Matters

OCTOBER 21, 2020

A decade ago, there wasn’t a forbearance option, and most banks did not put in other programs, like modifications and short sales, until very late in the crisis. The real estate market has a shortage of listings for sale. In 2008, homes for sale flooded the market. Here is why this time is different.

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Equity Banks Closing costs Loans 209

RIS Media

FEBRUARY 8, 2021

Speaker Mark Ryan, owner of RE/MAX Victory and leader of the Mark Ryan Group in Dayton, Ohio, taps his 30 years of sales and marketing experience to guide his team in first-time home-buying, home selling, investment, military relocation, short sales, and more.

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Short sale Land Residential Sales 104

Realty Biz

AUGUST 6, 2021

The housing bubble bust of 2008 resulted in almost 10 million Americans losing their homes to foreclosures and short sales. Adjustable-rate mortgages were a significant contributing factor to the Great Recession foreclosures and short sales. Values plunged 30% and more in some areas.

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Short sale Loans Equity Mortgages 103

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 82

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

RIS Media

MARCH 1, 2022

deals mainly in short sales and foreclosures, the new Weichert office will concentrate on luxury properties. She was honored for her work with Westchester Residential Opportunities in 2017. The new locations service homebuyers and sellers in Westchester and Putnam counties, as well as the Bronx. While Dorothy Jensen Realty, Inc.

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Marketing Short sale Residential Sales 84

Realty Biz

NOVEMBER 18, 2021

Most BPOs also provide information about 3 comparable property sales and 3 comparable listings. One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale. A BPO is also similar to a comparative market analysis (CMA) that real estate agents use to suggest a listing price to a seller.

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Short sale Inspection Loans Banks 111

Realty Biz

SEPTEMBER 23, 2023

How Buyer Agents Get Paid Buyer agents are typically compensated through a commission fee, a percentage of the property's final sale price. Buyer agents play a crucial role in real estate transactions. Understanding the difference between buyer and seller's agents and how buyer's agents are compensated is essential.

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Purchase and sale agreement Pre-approval Agents Pre-qualification 73

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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Short sale Land Commercial Equity 84

HomeLight

JULY 31, 2022

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit.

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VA loan Purchase and sale agreement Short sale Pre-approval 67

The Close

DECEMBER 19, 2022

Maybe the market is sluggish or sales are plateauing. In most states, in order to facilitate real estate transactions involving the securing and enforcing of a lease on a residential or commercial property, the property manager must either own the property themselves or hold a real estate license. Become a Real Estate Investor.

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Agents Investor Property Management Development 105

Realty Biz

FEBRUARY 5, 2022

His experience in his early career were listings of Residential in Florida and Vacation Land in Tennessee. He left the real estate field in 1995 to focus on completing his law enforcement career and after retiring he returned in 2007 as a Sales Associate and later Broker Associate. David Dweck. “I Danielle Y.

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Principal Short sale Residential Brokerage 79

RIS Media

OCTOBER 1, 2020

Explore every aspect of residential real estate transactions from a buyer’s perspective. Short Sales & Foreclosure Resource (SFR®) Certification Course. Short Sales & Foreclosure Resource (SFR®) Certification Course. I strongly encourage that you pass the information below onto your agents.

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Marketing Short sale Development Property Management 66

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. House flipping refers to buying a house or rental property, holding on to it in a short time, and reselling it to make a profit. House flipping is among the short-term housing investment strategies.

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House Flipping Renovation Investor Construction 121

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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Probate sale Agents Sales Closing 88

McKissock

MARCH 26, 2021

Sale Types Explained. Whether considering the current terms of sale or analyzing previous sales of the subject property or comparable sales, it is imperative to know whether a sale is an arms-length transaction or a different sale type. HP-12C Training Guide. Upcoming webinars.

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Short sale Sales Residential MLS 55

Realty Biz

OCTOBER 11, 2021

Every investor is aware of, and many specialize in one of these sources of investment properties: foreclosures, REO, short sales, divorces, fire damage, damaged foundations, hoarders, and other distressed properties. Be Sensitive to Heirs But Some Don’t Care About the Sales Price. People own property. People owe taxes.

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Investor Probate sale Short sale Closing 94

Realty Biz

NOVEMBER 14, 2023

Focus on Income-Producing Properties In times of market correction, income-generating properties such as multifamily units and commercial real estate tend to fare better than speculative residential investments. The housing market is a dynamic and ever-changing landscape. It plays a crucial role in the economic health of a region.

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Due diligence Marketing Investor Finance 91

Windemere Selling

NOVEMBER 8, 2021

A CPM® is specially trained to manage your residential or commercial property on your behalf. Certified Residential Specialist ( CRS ): The prestigious CRS designation is awarded to experienced REALTORS who have completed advanced professional training and demonstrated outstanding professional achievement in residential real estate.

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Design Commercial Short sale Land 52

Realty Biz

AUGUST 4, 2020

This is the first step that many house sellers take when they are ready to list the house for sale. Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. I’m in big trouble.

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Equity Short sale Investor Title 59

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. House flipping refers to buying a house or rental property, holding on to it in a short time, and reselling it to make a profit. House flipping is among the short-term housing investment strategies.

House Flipping 94

House Flipping Renovation Investor Construction 94

Real Trends

JUNE 17, 2022

But basically, you will need enough education to understand state and national laws in order to become licensed and serve consumers. Continuing education will be a life-long journey to maintain your license. Some agents may want to take a few courses as possible choosing instead to devote more time to hands-on experience. Here are some to consider.

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Industrial Short sale Agents Commercial 78

HomeLight

MAY 19, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Maryland. Looking to sell a house “as is” in Maryland? They want to sell as-is.”. Disclosures.

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As-is Inspection Investor Closing costs 98

RIS Media

NOVEMBER 15, 2020

Ballard trained hundreds of agents nationwide during the 2007-2010 subprime mortgage crisis in the short-sale and loss mitigation processes. Before Brickey began as a real estate agent, he gained sales experience at Sherwin Williams Automotive, a Fortune 500 company. District Director: Seattle/Eastside, Wash. Danny Brickey.

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Short sale Commercial Agents Residential 53

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. North Carolina state law requires sellers to disclose material facts about the property through the Residential Property and Owners’ Association Disclosure Statement. Request Cash Offer.

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As-is Purchase and sale agreement VA loan Inspection 83

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. Looking to sell a house “as is” in Indiana?

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As-is Purchase and sale agreement Inspection Closing costs 95

HomeLight

MAY 28, 2021

Both my partner and I are luxury certified, and we have a certified residential specialist, as well.”. Real estate agents are sometimes called subagents, real estate salespeople, or sales agents. In New York, sales agents are known as brokers. Source: (Gorodenkoff / Shutterstock). Realtors® vs. agents vs. brokers.

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Agents Brokerage Design Short sale 97

The Residential Specialist

JUNE 30, 2021

But it’s not material to the sale and probably should not be disclosed. 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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Agents Bankruptcy Sales Short sale 98

HomeLight

OCTOBER 5, 2020

An appraiser will compare the home to others around it, taking into account recent sales prices for other homes with similar features. 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. And if so, how much of a discount can you expect? 80 on the dollar, or.70

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Due diligence Earnest money deposit Banks Inspection 53

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

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Sales MLS Short sale Residential 102

RIS Media

MARCH 18, 2022

Existing-home sales fell by 7.2% in February, furthering the volatility pattern of the past few months in residential real estate, according to the National Association of REALTORS® (NAR) latest report. regions experienced lower month-over-month sales in February. Likewise, year-over-year sales were down a total of 2.4%

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Sales Construction Mortgages Short sale 92

Realty Biz

MAY 21, 2023

Miami-Dade County $1 million+ luxury home sales continued outperforming pre-pandemic levels as total median sale prices rose once again as the market leads the nation in real estate appreciation, according to April 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

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Sales Short sale Fixed-rate mortgage MLS 93