Remove As-is Remove Land Remove Real-estate owned Remove Short sale
article thumbnail

Buying Foreclosed Homes for Dummies in 11 Steps Even You (Yes, You!) Can Do

HomeLight

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. Mary Stewart in Sugar Land , Texas, is in the top 1% of agents in her area for successfully selling homes. Is buying a foreclosed house for dummies a hack that would work for you?

article thumbnail

12 profitable real estate niches to explore now

Real Trends

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Government Websites, Real Estate Agents, A Drive around the Block, And More Ways to Find REO Homes in Your Area

HomeLight

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?

Agents 75
article thumbnail

Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

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.

Marketing 126
article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

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.

article thumbnail

Warning: Housing Bubbles Tend to Burst. Here’s How Agents Can Prepare

The Close

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.

Agents 97