Housing Wire

MAY 31, 2021

As the real estate industry braces for the end of forbearance moratoriums, housing experts are anticipating an increase in foreclosures and REO activity. In preparation for that influx, asset managers, servicers and investors need to ensure they have the tools and technology to successfully navigate this unpredictable time.

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Technology Investor Short sale Real-estate owned 392

HomeLight

SEPTEMBER 30, 2020

While investors are known to attend and bid at foreclosure auctions, you can do it, too. 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. But how do foreclosure auctions work?

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Due diligence Hard money loan Finance Banks 98

HomeLight

SEPTEMBER 1, 2020

If that’s you, you may have heard that one path to a deal is buying a bank-owned foreclosure. There are pros and cons to consider when going this route, however, such as the fact that bank-owned properties often need more TLC than other homes on the market, and many are sold as-is. A date for a foreclosure auction is announced.

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Banks Inspection contingency Inspection FHA loan 78

HomeLight

MAY 17, 2022

Generally, lenders will take much less than top dollar for a foreclosure, which is good news for anyone looking to score a deal on real estate. But if you’re not an experienced investor who has a background in fixing up homes to flip or rent, buying a foreclosure might not be a strategy you want to tackle on your own immediately.

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Inspection Banks Short sale Title 93

Real Trends

JANUARY 25, 2023

It can be difficult to predict what’s next in real estate, but one of the best ways real estate agents can protect themselves from dramatic fluctuations in the market is to find a niche. It’s also important to note that luxury home sales are just as uncertain as any other type of home.

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Homeowner’s association Finance Agents Short sale 75

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. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

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House Flipping Renovation Investor Finance 87

HomeLight

SEPTEMBER 30, 2021

You see foreclosures listed on your favorite real estate sites, but what does that term really mean ? “A REO owned: If the home doesn’t sell at auction, it becomes real-estate owned, meaning the bank or lender owns it. Pre-foreclosure sales. This is usually done through a preforeclosure sale.

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Banks Inspection Equity Investor 103

HomeLight

FEBRUARY 4, 2022

Here’s a riddle for you: What do government websites, real estate agents, and a drive around the block have in common? Real estate owned, or REO, homes are a result of the foreclosure process , which varies from state to state. They’re all great ways to find REO homes in your area. What is an REO home?

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Agents Banks MLS Title 80

Easy Agent Pro

DECEMBER 29, 2020

Economists are, for the most part, predicting a red-hot year for real estate in 2021. As in all things real estate-related, location is paramount when deciding whether to spend your limited and valuable time on how to get foreclosure listings. Ready to learn how to get foreclosure listings? This comes as “More than 3.3

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FHA loan Agents Loans Sales 84

Marco Santarelli

MARCH 15, 2021

If you are looking at buying real estate in Philadelphia in 2021, you must read until the end. Philadelphia is a hot seller's real estate market by all housing indicators. PHILADEPHIA IS A SELLER’S REAL ESTATE MARKET. It means that the demand from buyers is exceeding the current supply of homes for sale.

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Marketing Investor Sales As-is 126

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. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. The catch is that they must sell one property and buy a similar one within a set time frame.

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

The Close

MARCH 15, 2022

That’s why I decided to write this article explaining what a real estate bubble is, if we’re in one now, and most importantly, if or when I think the bubble might pop. Ask a real estate CEO or economist and they’ll tell you that there are many factors contributing to the current and massive housing appreciation throughout the U.S.

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Agents Investor Banks Land 97