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Xactus targets lenders through active listing data

Housing Wire

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators.

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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. copy to clipboard Short sale approach: Ms.

Agents 81
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How Long Does a Short Sale Stay On Your Credit Report? Myth vs. Reality

HomeLight

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Typically, it’s best to list it at market value to recoup as much money as possible. The process. The timeline.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Preforeclosure and short sales are more common. Even a few bank-owned homes are starting to show up in the MLS. These are early-stage distressed homeowners, because it typically takes nine months to a year for a bank to foreclose on a home, clean the title, and place it back on the market. Move forward with caution.

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Looking for a Quick Home Sale? Pay Heed to These Factors!

HomeLight

What is a quick home sale? First thing’s first, a quick home sale should not be confused with a short sale. A short sale is something a homeowner can attempt when they are in financial distress. Find a top-rated agent in your area now.

Sales 91
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Can You Get a Comparative Market Analysis For Free, No Strings Attached?

HomeLight

The agent searches the Multiple Listing Service (MLS) for current and previous listings over the past three to six months , depending on market conditions. They’re looking for how long homes like yours took to sell and the difference between their list prices and their sale prices. These properties are known as “comps.”

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Selling a House ‘As Is’ in Minnesota

HomeLight

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement.

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