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

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

HomeLight

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. Short sale.

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. DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice.