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The deal doctor: How a Miami agent closes $25 million+ a year selling condos to plastic surgeons

Housing Wire

Probate, divorce leads, short sales — everything is on the table when you have a mortgage to pay. There’s just one problem: every agent in your office is in the same boat. Efrain Daza: By the numbers Market: Miami Niche: Pre-construction luxury condos, plastic surgeons from Colombia 2024 sales volume + sides: $25.7

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How to find foreclosure leads and turn them into clients

Housing Wire

Plus, while other agents are chasing FSBOs and expired listings, foreclosure leads are often overlooked. 10 proven ways to find foreclosure leads There’s no single place to find every foreclosure lead which is why successful agents and investors use a mix of strategies. Not every site offering foreclosure data is reliable.

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Distressed Property: What It Is And How To Invest

AAOA

Sometimes, life throws the owner curveballslike divorce, bankruptcy, or forced liquidationwhich can also lead a property down this path. Short Sales: Short sales happen when a property is sold for less than the outstanding mortgage balance, typically with the lenders permission.

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Why I Should Consider a Short Sale

Realty Biz

Many more homes have been sold since then and some have even gone through short sales. But what is a short sale exactly, and how is it any different than a regular sale, bankruptcy, or foreclosure? How does a short sale affect you as a homeowner? What You Need to Know About Short Sales.

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Westchester County DA indicts six in $2M home deed theft case

Housing Wire

million in short-term “fix and flip” loans, in addition to securing $500,000 in COVID relief small business loans. According to the indictment, the group allegedly acquired a property in bankruptcy proceedings in a short sale, and two defendants moved in and occupied that home as their primary residence.

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Understanding the Short Sale Process

CT Homes

A defining term that emerged shortly after the collapse was the “short sale”. In the years following, short sales were the driving force behind a majority of all total real estate transactions. But what is the short sale process and how does it work? . What is a Short Sale?

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Warning: Housing Bubbles Tend to Burst. Here’s How Agents Can Prepare

The Close

Builders were selling homes by lottery, and real estate agents were living large—and so was I. As agents, we knew that 100%, no-document lending was wrong, but we didn’t know the consequences. Short sales and foreclosures quickly became the norm. Real Estate Motivation: How Top Agents Bounce Back (Fast!).