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This Is How To Profitably Find Houses To Flip In 2023

Kyle Handy

You can target advertising on Google or Facebook to people interested in bankruptcy or foreclosure. To be even more creative, you could target those looking up information about a foreclosed home, what it takes to recover a foreclosed property, or how to navigate a short sale with a lender.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

There are many issues that can arise from a title search on a home for sale — some small, some big — that must be addressed before the property can be legally transferred to the new owner. If the kick-out clause is activated, the current buyer has the option to remove the home sale contingency and move forward with closing. Dodge move.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Preforeclosure and short sales are more common. This timeline may be longer if you’re in a judicial foreclosure state, where such sales are required to go through the court system. Builders are ramping up again, and low land costs allow them to price new homes competitively against the aging existing-home inventory.

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Eliminating Stringent Contingencies: How to Make a Contingent Offer Stronger

HomeLight

Claims most often arise from family disputes or divorce proceedings, while property liens can be tied to debts owed to contractors, unpaid taxes, bankruptcy, and more. Zoning and land use contingencies. Short sale or bank approval contingencies.

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Selling a House ‘As Is’ in North Carolina

HomeLight

Some of the additional required disclosures in North Carolina include: Any known violation of local zoning ordinances, restrictive covenants, or other land-use restrictions or building codes.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”.

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

The Close

One year later, in September 2008 when Lehman Brothers—the nation’s fourth-largest investment bank—filed for Chapter 11 bankruptcy, it signaled the start of the largest real estate crash of our lifetime. Short sales and foreclosures quickly became the norm. It was like someone turned off Niagara Falls. I was fortunate.

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