Realty Biz

MARCH 21, 2024

If you’re struggling financially and unable to pay your bills, you may have considered filing for bankruptcy. Filing for bankruptcy gives you a fresh start, but it stays on your credit report for up to 10 years — resulting in consequences for years to come. However, there are risks to using home equity for debt repayment.

Bankruptcy 102

Bankruptcy Equity Loans Principal 102

Housing Wire

DECEMBER 27, 2022

The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. They are not selling and have a lot of equity in their homes. Homeowners in 2022 also tapped into their home equity, which peaked at $11.5 over asking price. High octane stuff. But the housing market in the second half of 2022?

Equity 523

Equity Marketing Loans Bankruptcy 523

Housing Wire

JULY 22, 2022

FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Real estate agents and their clients also received no advance warning and multiple deals fell through as a result, sources told HousingWire. Non-QM lender First Guaranty Mortgage Corp.

Lending 382

Lending Banks Bankruptcy Loans 382

The Close

JANUARY 20, 2023

Wholesale real estate investing is a good choice if you’re looking for short-term opportunities to break into the investing industry by leveraging your existing skills as an agent. Many novice investors think they can just contact a local agent and select from the properties that are available in the MLS. These are good exit points.

Investor 90

Investor Finance MLS Property Management 90

HomeLight

DECEMBER 1, 2021

Batterman works with 74% more single family homes than the average agent in the area. If you have the financial resources to stay afloat, it could be better to wait until the market swings to your favor rather than lose some or all of your equity by selling at a loss. When to think twice. You want to buy a different house.

Purchase and sale agreement 108

Purchase and sale agreement Short sale Loans Mortgages 108

Toronto Realty Blog

JANUARY 5, 2023

I would estimate that half of all licensed real estate agents in Toronto weren’t in the business in 2017. So he’s not without equity. If interest rates rise drastically, I back off on everything else to avoid filing for bankruptcy.”. Filing for bankruptcy? womp womp). Where did they find this guy?

Banks 80

Banks Mortgages Bankruptcy As-is 80

Notorious ROB

DECEMBER 19, 2022

Those are not agent listings sourced from an MLS via IDX feed. If buyers don’t know about my home for sale, and certainly their buyer agent belonging to the local MLS isn’t going to tell them because the home is not in the local MLS, then how do I get any traction? ” Enter Zillow Premier Agent network, and Zillow Home Loans.

MLS 79

MLS Agents Pre-approval Brokerage 79