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What’s a Short Sale in Real Estate? This FAQ Sheet Breaks Down the Basics

HomeLight

In the midst of these financial straits, there may be a slightly better option: a short sale. But what is a short sale, and is it the right route for you? Weve broken out the most common questions about short sales to help you make a more informed decision about your next steps. What is a short sale?

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First-Time Home Buyer Advice: Third Quarter 2025

The Mortgage Report

I think in some cities, like Phoenix, we are starting to see a little bit of foreclosure or short sale happening. Ralph DiBugnara , president at Home Qualified : What’s most unique for first-time buyers is the competitive nature of today’s markets combined with higher rates and costs. How Soon Can I Refinance?

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How to Buy a Foreclosed Home: The Ultimate Step-by-Step Guide

Redfin

There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. Auctions The most common type of foreclosure sale is by an auction. Preforeclosures arent always for sale, as homeowners may be working to fix the default payments.

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Are FHA Loans Assumable? What Buyers and Sellers Should Know

Redfin

The short answer is yesbut there’s more to the story. If you’re exploring mortgage options or looking to sell your home, whether its a charming home in Nashville or a spacious townhome in Houston , you might wonder: Are FHA loans assumable? What is an FHA assumable mortgage? What are the requirements to assume an FHA loan?

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How Much Equity Do I Have in My Home? Here’s How to Calculate Home Equity

Redfin

One of the benefits of homeownership is building equity – the amount of the home you actually own. Home equity can be used to help you buy a new home, make improvements to your house to increase its value, or pay off debts. So, how do you calculate how much home equity you have? Home equity is the amount of your home that you actually own.

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Is Now a Good Time to Buy a House with Cash in 2025?

Marco Santarelli

My short answer? As someone who watches the real estate market closely and has seen different cycles, I can tell you that paying cash always gives you an edge. Speed of Light Closings: Forget waiting 30, 45, or even 60 days for mortgage approval, appraisal, and all the hoops. That's the power of buying a house with cash.

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Short Sale Closing Costs: What Buyers Should Know

HomeLight

If a homeowner falls behind on their mortgage payments, a short sale is one potential way of correcting course. That being said, the home purchase process is a lot more complicated and drawn out with a short sale because it all hinges on the oversight and approval of a third party: the mortgage lender. Short sales 101.