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Should You Buy a House During a Recession?

Rent, Buy & Sell

Foreclosures and short sales may be enticing due to low offer prices, but they carry some risks and potentially higher costs. The housing industry plays an important role in the economy. So, by lowering mortgage rates during a recession, the federal government hopes to buoy home sales by making it cheaper to borrow mortgages.

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15 Homebuying Terms You Should Know When Searching for Your New Home

RIS Media

If you’re searching for your first new home, you will likely hear many words that you’ve never heard before. The homebuying process is already complex, so understanding certain words and terms in the real estate industry will help you get ahead of the game for when you’re ready to start buying.

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How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

However, as those forbearances end toward the later part of 2021, foreclosures will likely become more readily available and may even hit the market in droves, says Florida real estate agent Christina Griffin , who has 20 years of experience in the industry. Let’s take a look at the most common foreclosure sales and how they work.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. This is when the seller signs over all rights and obligations related to a property to the buyer before the actual closing.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. Here’s a little background on what cash buyers tend to prioritize and look for when they make an offer, according to experts in the real estate and investing industry we spoke with directly.

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6 of the Top We Buy Houses for Cash Companies in Orlando

HomeLight

Receive your offer within a week and close in as little as 10 days. We Buy Houses companies in Orlando typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. Close the sale and get paid quickly.

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How to Connect with Cash Home Buyers in San Antonio

HomeLight

The San Antonio real estate market draws investors with its consistent housing stock, variety of industries, and steady influx of residents. Several areas are undergoing major revitalization, particularly close to the downtown area. The buyer and seller sign the closing documents. “In Source: (VJ Von Art / Unsplash).

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