HomeLight

AUGUST 31, 2020

According to Troy Walseth , a Florida real estate agent with over 27 years experience, banks don’t typically allow a homeowner to go straight to a short sale unless the amount still owed is more than the current market value of the home. Here we cover what you need to know about buying distressed homes, from start to finish.

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Short sale Sales Banks Inspection 87

Real Trends

JANUARY 25, 2023

It can be difficult to predict what’s next in real estate, but one of the best ways real estate agents can protect themselves from dramatic fluctuations in the market is to find a niche. Another possible niche is buyers who need creative financing, such as rent-to-own financing or owner financing.

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Homeowner’s association Finance Agents Short sale 75

HomeLight

MAY 17, 2022

Generally, lenders will take much less than top dollar for a foreclosure, which is good news for anyone looking to score a deal on real estate. Maybe the allure of a quick win or the challenge of scoring a good deal is too good to resist. Is buying a foreclosed house for dummies a hack that would work for you? Foreclosure.

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Inspection Banks Short sale Title 91

HomeLight

MARCH 10, 2023

If you are considering flipping houses in NY, HomeLight always encourages you to reach out to an advisor regarding your own situation. A top real estate agent can help. DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice. Find a Buyer's Agent What is house flipping?

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House Flipping Renovation Investor Finance 86

HomeLight

FEBRUARY 4, 2022

Here’s a riddle for you: What do government websites, real estate agents, and a drive around the block have in common? Real estate owned, or REO, homes are a result of the foreclosure process , which varies from state to state. They’re all great ways to find REO homes in your area. What is an REO home?

Agents 78

Agents Banks MLS Title 78

RIS Media

DECEMBER 5, 2020

To help borrowers at risk of losing their home due to the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until at least Jan. Source: FHFA.

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Real-estate owned Finance Mortgages Development 106

The Close

DECEMBER 29, 2022

And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Adjustment date.

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Purchase and sale agreement Title Proof of funds Pre-approval 97

Housing Wire

JULY 30, 2021

The Federal Housing Finance Agency and the Federal Housing Administration today both announced they would each extend their eviction bans on borrowers of foreclosed properties. Departments of Housing and Urban Development , Agriculture , and Veterans Affairs to extend each of their own eviction bans. were delinquent and 10.0%

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Finance Commercial Real-estate owned Banks 457

The Close

MARCH 15, 2022

That’s why I decided to write this article explaining what a real estate bubble is, if we’re in one now, and most importantly, if or when I think the bubble might pop. Ask a real estate CEO or economist and they’ll tell you that there are many factors contributing to the current and massive housing appreciation throughout the U.S.

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Agents Investor Banks Land 96