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What happens after the Fed’s rate hike?

Housing Wire

One of the unsung heroes of the most prolonged economic and job expansion ever recorded in history was the passing of the 2005 Bankruptcy Reform Act and the 2010 qualified mortgage rule under Dodd-Frank. As we can see below, the bankruptcy levels were extremely high before the bankruptcy law was passed in 2005.

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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. million new and existing home sales combined. This type of sales growth — which couldn’t happen from 2008-2019, as I have often stated — is coming with a hefty price tag.

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What Is an Alt-A Mortgage?

RIS Media

After a bankruptcy, foreclosure or short sale, a prospective homebuyer may have to wait a period of time before taking out a new prime mortgage. Lenders often grant mortgages to borrowers who fall short or who are marginal in one area but who are well qualified in other ways. Most mortgage lenders require a down payment.

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Working Distressed Properties: How to Navigate and Win in This Evolving Market

HomeLight

Christina’s course: Working with Foreclosures and Short Sales. HUD Homes for Sale. Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | Stitcher | YouTube. The headlines change almost every day. They’ll need a professional’s help. Auction.com.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

But it took time and experience to figure out the particular moments in a real estate market cycle that are better for different types of investing. While tracking market cycles is widely accepted in the stock market, it has been strangely ignored in real estate investing. Understanding Real Estate Market Cycles. The reverse of this is also true.

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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? Once you gain the lender’s approval, you can list your home for sale. Source: (Vidar Nordli-Mathisen / Unsplash).

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Crossing the Divide

The Residential Specialist

Thompson compares the toughness of divorce listings to short sales. Their lives are upside down; their financial status is often wrecked,” says Diallo Stevens, CRS, associate broker of Keller Williams Gold Coast, serving New York City and Long Island, New York. They’re afraid. Pitfall #1: Choosing sides.

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