Remove Bankruptcy Remove Equity Remove Finance Remove MLS
article thumbnail

Appraisal Definition: How Your Home Value is Determined and Why

HomeLight

MLS listings of the comparable properties. If you are selling or refinancing your home, the lender that is financing the mortgage will schedule the appraisal. Appraisal for a lender-financed home sale. The buyer is financing through a mortgage company. Explanation of how square footage was calculated.

article thumbnail

7 Critical Parts of Every Real Estate Investment Business Plan

The Close

Many novice investors think they can just contact a local agent and select from the properties that are available in the MLS. The cold truth is that the best deals are found off-market or outside of the MLS. This means that you may need to create a plan for marketing to homeowners in foreclosure or divorce and bankruptcy attorneys.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Seven Predictions for 2023: The Grime Edition

Notorious ROB

Opendoor Opens the Door to a New National MLS. Those are not agent listings sourced from an MLS via IDX feed. If buyers don’t know about my home for sale, and certainly their buyer agent belonging to the local MLS isn’t going to tell them because the home is not in the local MLS, then how do I get any traction?

MLS 79
article thumbnail

9 Alternatives to Zillow When Buying or Selling a Home

HomeLight

This means you can head to the proverbial negotiation table with confidence — and the ability to potentially waive your financing contingency. This site also lists whether a property is in bankruptcy, preforeclosure , or foreclosure. You’ll also be able to see property debt info, equity and profit potential, and ownership information.

Agents 87
article thumbnail

Should I Get an Online Quote to Sell My House?

HomeLight

Get cash fast: Unexpected expenses that pile up due to job loss, hospitalization, or even inflation might cause you to consider how to quickly convert your equity to cash , so you can relieve debt. Because they can close in as little as 10 days, online quote companies may be the solution to help protect your hard-earned equity.

article thumbnail

How Long Does a Short Sale Stay On Your Credit Report? Myth vs. Reality

HomeLight

It will be listed on the multiple listing service (MLS) as a short sale, which could deter some buyers due to the added steps and time it takes to transact a short sale, so it’s important to hire an experienced real estate agent — and possibly an attorney. Consult an attorney specializing in bankruptcy. in equity from 2019 to 2020.

article thumbnail

Top Five: Real Estate Stories Of 2023!

Toronto Realty Blog

And all the while, the topic of pre-construction remains a hot one, since all almost all new properties in the province are financed and built after 70-80% of units are pre-sold. Much like the old-world of equities investing revolved around dividends, real estate investors wanted monthly cash flow.