Realty Biz

JUNE 20, 2023

Researching Foreclosures Start your search by understanding the real estate market in your area. Foreclosure listings are usually available on local court websites, local newspapers, real estate websites, and at the county recorder's office. A BPO can help you understand whether a foreclosure is priced reasonably.

Due diligence 74

Due diligence Hard money loan Inspection Title 74

HomeLight

AUGUST 31, 2021

But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. We talked with veteran real estate agents with a combined 30-plus years working with foreclosures to bring you a comprehensive guide to the often confusing world of distressed properties.

Pre-approval 102

Pre-approval Short sale Banks Finance 102

Point2Homes

JUNE 23, 2021

Real estate-owned (REO) properties, also known as bank-owned, are properties that have not sold at a foreclosure auction , and as a result, they are owned by the foreclosing bank. From there, the bank will collaborate with REO specialists and real estate agents to sell the property. Are REOs Worth It?

Pre-approval 71

Pre-approval Banks Title search Inspection 71

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.

Purchase and sale agreement 98

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