Housing Wire

JUNE 8, 2022

The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators. The monitoring solution also will enable the examination of current servicing customers as well as non-customer lists and alert loan servicers to possible short sales, the firm said. year over year. .

Short sale

HomeLight

JULY 31, 2020

You don’t see as many short sales in 2020 as in 2010; despite their name, they’re neither short nor simple endeavors. If a homeowner is behind on their mortgage payments, owes more money than the property’s current value, and is in danger of foreclosure, a lender may agree to terms of a short sale.

Short sale

Housing Wire

FEBRUARY 21, 2023

In January, the seasonally adjusted sales pace for existing homes dropped 0.7% On a yearly basis, existing home sales were down 36.9% This is the lowest level of home sales activity since May 2020 when the COVID-19 pandemic had shut down much of the economy,” Lisa Sturtevant, the Bright MLS chief economist said in a statement.

Sales

Housing Wire

JULY 20, 2023

“Home sales fell but home prices have held firm in most parts of the country,” NAR’s Yun added. Although all four regions experienced year-over-year sales declines, the Northeast fared better while the Midwest held steady, and the South and West posted decreases. In the South, existing home sales disappointed as they faded 5.4%

Sales

HomeLight

OCTOBER 5, 2020

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?

Short sale

HomeLight

SEPTEMBER 6, 2022

Because, there’s a lot of uncertainty surrounding a short sale, a homeowner might reach out to the real estate agent who originally sold them their home. But that may not be the best choice because even if the whole experience was positive, you’re not going to get the same help that a short sales Realtor® can provide.

Short sale

HomeLight

SEPTEMBER 20, 2022

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?

Short sale

HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? It’s a long sale.

Short sale

Housing Wire

SEPTEMBER 28, 2023

That means a number of businesses, seeking to grow their revenue, will likely look to expand their reach to the default and REO space. But for those who haven’t done their homework, this is not an easy step, nor is it easy money. Those who cannot remember the past are condemned to repeat it. Many in the industry are already rising to meet it.

Industrial

HomeLight

OCTOBER 5, 2020

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

Short sale

HomeLight

OCTOBER 11, 2021

You see a house you love, but the listing shows that it is an “active pending short sale.”. And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale? Short sales defined . Wait, what?

Short sale

Housing Wire

DECEMBER 13, 2021

For homebuyers, across the country we expect the shortage of homes for sale to extend well into 2022.”. housing supply is dwindling once again as homes continue to fly off the market at record prices,” said Jeremy Sicklick, CEO of real estate data analytics firm HouseCanary. Selling out: America’s local landlords. single-family home market.

Investor

HomeLight

MARCH 30, 2021

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.

Short sale

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement. Yes Is a real estate attorney required?

As-is

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. MLS has field to mark a listing “as is”?

As-is

HomeLight

MAY 23, 2022

Either there are a couple of issues with the house that they want to disclose but not necessarily repair or they’re selling a house as part of an estate sale and don’t know a lot about it.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Wisconsin.

As-is

HomeLight

MAY 19, 2022

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.

As-is

HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. Step one: Talk to an expert! Selling your house soon?

MLS

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. MLS has field to mark a listing “as is”? “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Request Cash Offer.

As-is

HomeLight

MAY 23, 2022

Josh Muncey , a real estate agent with over $500 million in career sales and 16 years of experience selling in greater Boston, Massachusetts, says, “it’s hard to find a market in the Boston area that’s not feeling red hot lately.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

As-is

HomeLight

APRIL 29, 2022

Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

As-is

HomeLight

FEBRUARY 26, 2021

These are all items that you may see listed for sale “as is” on sites like Facebook Marketplace or Craigslist. So how do “as is” sales in furniture and retail translate to “as is” sales in real estate? A couch with a red wine stain. An iPad with software issues. A car with a few dents and scratches.

As-is

The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale?

Short sale

Point2Homes

DECEMBER 8, 2020

However, before the sale can go to closing, certain contingencies must be met. Pending listings are those in which the contingencies have been met and the legal documents just need to be finalized for the sale to close. A backup offer is not uncommon in real estate sales. Image: Doubletree Studio / Shutterstock.com.

Purchase and sale agreement

Realty Biz

JANUARY 1, 2021

Today the process for finding foreclosed homes is nearly the same as searching traditional MLS home listings online. . If a homeowner chooses to sell the property to avoid actual foreclosure they are usually ready to negotiate on the sale price of the home. Short Sales . Jordan Matin, Portland Homes for Sale.

Short sale

The Close

AUGUST 6, 2024

As an agent and homeowner, I represented myself during the sale of my as-is property five years ago, and I’m going to help you be prepared to answer “How do I sell my house as-is?” Your buyer and seller will undoubtedly have questions regarding selling a house as-is. ” for your clients.

As-is

HomeLight

JUNE 30, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. These sites typically offer detailed information about each property, including price, location, photos, and contact details for the seller or the agency handling the sale.

Short sale

Realty Biz

MARCH 2, 2023

Read on to discover how to find cheap houses for sale. Check MLS Websites MLS platforms have some of the best bargains in the housing market. These websites include images and detailed descriptions of the houses for sale. With the house vacant, they can put it up for sale on the market.

Sales

Realty Biz

MAY 8, 2023

Investing in real estate is not as simple as going to the MLS and finding what you want, as competition for housing is fierce in many cities. Investing in real estate is not as simple as going to the MLS and finding what you want, as competition for housing is fierce in many cities. MLS listing must be consulted. Soon to be.

Marketing

Realty Biz

NOVEMBER 18, 2021

Most BPOs also provide information about 3 comparable property sales and 3 comparable listings. The broker will look up the properties on MLS to determine when the properties were recently sold and for how much. One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale.

Short sale

HomeLight

APRIL 30, 2021

The agent searches the Multiple Listing Service (MLS) for current and previous listings over the past three to six months , depending on market conditions. They’re looking for how long homes like yours took to sell and the difference between their list prices and their sale prices. Actually, there is.

Marketing

HomeLight

JULY 27, 2021

Regardless of whether an individual’s professional designation is a licensed real estate agent or a Realtor® (a Realtor® is a licensed agent who is a member of the National Association of Realtors ), most agents are paid through commissions, which are a percentage of a home’s sales price. That person is a buyer’s agent. See that person?

Purchase and sale agreement

HomeLight

AUGUST 16, 2021

What is an REO sale? If it sells, the lender recoups some of the outstanding loan amount through the sale. You can look for these homes on the multiple listing service (MLS) or on various auction sites. There is never a perfect investment situation. Source: (Andre W. Nguyen / Unsplash). Finding REO homes: How the experts do it.

Banks

HomeLight

FEBRUARY 4, 2022

This happens in one of two ways : through the local court or sheriff’s office in a judicial foreclosure, or through the mortgage company in a power of sale or non-judicial foreclosure. The bank will then work with a listing agent to list the home on the MLS. They’re all great ways to find REO homes in your area. What is an REO home?

Agents

Point2Homes

JUNE 4, 2021

The local government websites are a good starting point, but you can also check out real estate websites, MLS reports and even local newspapers. Auction sales usually have the lien amount listed, and you can use it as a starting point for planning your budget. Find Local Listings. Establish a Budget.

Title search

Lab Coat Agents

APRIL 8, 2022

Foreclosures/Short Sales: Look for lis pendens filings in your local county records. FSBO/Expireds: Look through your MLS for recent or old expired listings to call. One of the most frequently asked questions at LCA is, “How much time should real estate agents spend on lead generation every day?”

Agents

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales