Housing Wire
OCTOBER 17, 2023
Walking that thin line is becoming increasingly important as more distressed sales are pushed up-funnel into the pre-foreclosure marketplace — a trend that began developing about 10 years ago and has accelerated in earnest over the last two years. Those dangers can be found in recent headlines from the New York Times and ProPublica.
HomeLight
AUGUST 31, 2020
You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?
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HomeLight
OCTOBER 5, 2020
But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.
Housing Wire
AUGUST 23, 2021
million, so sales grew year-over-year by 1.5%. A notable development: After a year of extremely tight housing inventory , the housing market is showing signs of finally adding housing stock. Meanwhile, the median existing-home sales price rose to $359,900 in July, up from $305,600 last year, marking a 17.8%
Housing Wire
APRIL 15, 2021
That qualification doesn’t apply if the borrowers’ parents lost their home in a foreclosure or short sale, or if the borrower has ever been in foster care, however. Plus Biden’s proposal is not actually a homebuyer tax credit, but it is money that would be available at closing. I got the daddy down-payment loan.
Keeping Current Matters
JULY 28, 2021
million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. The 10% equity number is important because it enables homeowners to sell their houses and pay the related expenses instead of facing the hit on their credit that a foreclosure or short sale would create.
Housing Wire
MAY 31, 2021
In addition, Pyramid Platform offers users a variety of other workflows, including deed-in-lieu, short sale, acquisition, rental management, and more. Clients can utilize real-time and customizable reporting, as well as direct data warehouse access,” said Rebecca Smith, VP, Sales and Business Development.
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