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Why non-QM borrowers aren’t going away anytime soon

Housing Wire

This significant pool of clients includes self-employed, real estate investors and those with credit events. Loans up to $3 million 12 or 24 months personal or business bank statements allowed 1099 earning statements accepted Two years seasoning required for bankruptcy, foreclosure, short sale or deed-in-lieu.

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How does the FHFA 7% loan cap on GSEs affect originators?

Housing Wire

Real estate investors see a significant opportunity in the single-family rental space. Due to tight inventory and increased competition, investors need to close on loans quickly. The options for originators and their real estate investor clients get smaller trying to find someone to do these loans.

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Why home-price growth is still up 18% year over year

Housing Wire

I am not talking about investors; I am talking about primary resident homeowners. The next job loss recession, when it happens, will have more foreclosures, short sales, and bankruptcies. New listings are declining now. Some sell to rent, of course. However, traditionally speaking, they buy a home.

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Understanding the Short Sale Process

CT Homes

A defining term that emerged shortly after the collapse was the “short sale”. In the years following, short sales were the driving force behind a majority of all total real estate transactions. But what is the short sale process and how does it work? . What is a Short Sale?

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The ‘Should I Do it?’ Guide to Selling a House ‘As Is’

HomeLight

But many investors and house buying companies will. HomeLight’s Simple Sale platform provides cash offers for homes in almost any condition nationwide. In the event of a lost job, a medical emergency, an impending bankruptcy or any other unexpected financial crisis, selling a house “as is” can provide needed funds quickly.

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Working Distressed Properties: How to Navigate and Win in This Evolving Market

HomeLight

Christina’s course: Working with Foreclosures and Short Sales. HUD Homes for Sale. You can buy properties for yourself, you can help your investors create wealth, or you can just help a regular owner occupant that’s looking for a really great deal find a property that they can make their own. Auction.com.

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

The Close

Institutional Investors Are Changing the Market. Instead, massive institutional investors are buying single-family homes by the tens of thousands. are already owned by institutional investors. Short sales and foreclosures quickly became the norm. Try Working With Investors. It gets worse. Source: Redfin).

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