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Portrait of a pre-foreclosure peacemaker

Housing Wire

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I Often, the best available option for staying in the home is through a loan modification or some other type of repayment plan with the bank.

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How to vet private money lenders for real estate investing

Housing Wire

The problem with private money lenders is that good ones are hard to come by. Let’s look at what private money lenders do and how they operate, as well as the potential benefits of using private or hard money loans and how to locate and select a reputable private money lender.

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How to Buy a House at an Auction Without Having Cash

HomeLight

The crowds, the fast-talking auctioneers, the large amounts of money being bid: Auctions are exciting no matter what’s for sale, and when it’s a house up for auction, then it’s no wonder that foreclosure auctions can capture the imagination of many a home shopper. There are downsides to hard money loans, however.

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What Is the BRRRR Method & How Does It Work in Real Estate?

The Close

It covers the method’s pros and cons, tips for getting the right loan for your project, and even the best home rehab trends to attract high-income tenants. The typical finance options for the BRRRR method are as follows: Hard money loans : These loans are typically short-term and come from a private, non-bank lender.

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How to Find the Perfect Real Estate Mentor: A Guide for Agents

The Close

A real estate mentor is an experienced, knowledgeable professional who helps new or aspiring agents or investors advance in the real estate industry. Mentors offer personalized advice, practical insights, and strategies gained from their successful sales or real estate investing career. What Is a Real Estate Mentor?

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Should You Invest In The Sacramento Housing Market?

Marco Santarelli

Despite the increase in sales speed, the number of homes sold has dipped slightly (333 in June 2024 vs 366 in June 2023). The average sale price is around 1% above the list price. Conventional Loans Conventional loans are often the go-to for real estate investors. This indicates a decrease in available inventory.

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A Comprehensive Guide to Finding the Best Foreclosures in Your Area

Realty Biz

Understanding Foreclosures Foreclosure is a legal process where a lender attempts to recover the balance of a loan from a borrower who has stopped making payments. The lender does so by forcing the sale of the asset used as the collateral for the loan, typically a house.