HomeLight

JUNE 28, 2021

Due to the nature of how a home becomes a “HUD home,” purchasing one differs from the traditional homebuying process, and there are a few qualifications, special incentives, and risks that any savvy homebuyer should be aware of. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction).

Pre-approval 94

Pre-approval Pre-qualification FHA loan Inspection 94

HomeLight

AUGUST 16, 2021

In the market for a “ real estate owned” property ? Experienced REO buyers swear by this method of wealth-building through real estate. “So There are online tips and tools available to help you find bank-owned homes. Go to your county’s office and ask for the pre-foreclosure list ,” he says.

Banks 103

Banks Pre-qualification Investor Short sale 103

The Close

DECEMBER 29, 2022

Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients. It might feel stressful, but handling contingencies well is actually a time when you, as the agent, can really shine.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98