Remove As-is Remove Hard money loan Remove MLS Remove Real-estate owned
article thumbnail

How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

You’re reading through a new MLS listing, and you believe you found your ideal home. 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. Short sales can typically be found through the MLS database or your buyer’s agent. What is a foreclosed home?

article thumbnail

How do Foreclosure Auctions Work? How to Find Properties, Research, and Bid

HomeLight

John Durham is a successful real estate agent in Henry County, Georgia, and has purchased homes at auction for 16 out of 20 years of his career as a real estate agent. The purpose of the foreclosure auction is to recoup money for missed mortgage payments or tax liens. But how do foreclosure auctions work?

article thumbnail

Flipping Houses in New York: 5 Cities to Consider

HomeLight

If you are considering flipping houses in NY, HomeLight always encourages you to reach out to an advisor regarding your own situation. Flipping takes a lot of money, know-how, manpower, and planning to be successful. A top real estate agent can help. But a house-flipping venture is not for the faint of heart.