Realty Biz

JUNE 20, 2023

Understanding Foreclosures Foreclosure is a legal process where a lender attempts to recover the balance of a loan from a borrower who has stopped making payments. The lender does so by forcing the sale of the asset used as the collateral for the loan, typically a house.

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

HomeLight

SEPTEMBER 30, 2020

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?

Due diligence 98

Due diligence Hard money loan Finance Banks 98

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. 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.

House Flipping 93

House Flipping Renovation Investor Finance 93