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How online auctions deliver on the promise of pre-foreclosure sales

Housing Wire

The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to recent data from the Auction.com Market Validation Program (MVP) for pre-foreclosure sales. Falling Short.

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How to Find Short Sale Homes: A Guide for Buyers

HomeLight

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

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Buying a Short Sale Property? Your Guide to Short Sale Requirements for Buyers

HomeLight

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

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13 Short Sale Tips So You Get a Dream Deal, Not a Nightmare Scenario

HomeLight

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

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Selling a House ‘As Is’ in Maryland

HomeLight

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Maryland. MLS has field to mark a listing “as is”? They want to sell as-is.”. Disclosures.

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Five Types of Forclosure and Tips for Purchasing Each Type

Realty Biz

Today the process for finding foreclosed homes is nearly the same as searching traditional MLS home listings online. . Pre- Foreclosures . A property goes into pre-foreclosure when a mortgage company notifies the borrower that they are in default on their loan. Short Sales . Lesa Furman, Avon IN Realtor ®.

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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. The exact steps vary from state to state, but let’s take a general look : Pre-foreclosure: As the name implies, a pre-foreclosure isn’t in foreclosure yet, but it’s on the way there. Short sale. Source: (Adam Wilson / Unsplash).