HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. With our Simple Sale platform, for example, you can connect with a cash buyer and have money in your bank account in as few as seven days.

Purchase and sale agreement

Notorious ROB

JANUARY 30, 2023

US lawsuit , I’ve gotten a few questions from brokerage CEOs and intelligent agents all over. A friend asked me to write something up short and to the point, to explain what this ruling does and does not mean for the industry as my last law-nerd post was “heady” which I knew it to be. ” I beg to differ.

Short sale

HomeLight

APRIL 29, 2022

The seller “was skipping all the way to the bank,” Graham says. Squatters have moved in, and the bank is threatening foreclosure. “I If you put it on the market and we can sell it for you, you still have about $25,000 from our estimation for what you could walk away with versus letting it go back to the bank.”. Unfinished flip.

As-is

HomeLight

APRIL 15, 2022

The term iBuyer appears to have originated from an internal report released by banking firm Evercore in 2017 that discussed the “iBuyer” business model as being one that was “likely to garner increased attention over the next few years.”. Do iBuyers make good offers? iBuyer offers got sweeter for sellers in a fiery housing market.

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HomeLight

MARCH 21, 2022

Opendoor buys homes of varying condition, but criteria like a short sale, unpermitted work, or dated materials may impact whether the company is willing and able to purchase a home. One comments on selling their current home to Opendoor and having “money in the bank by dinner.” million depending on the market. 844-388-4539.

Home sale contingency

Marco Santarelli

AUGUST 27, 2020

Redfin, a real estate brokerage, reported that 42.3% Las Vegas Realtors reported that short sales and foreclosures combined accounted for 2.7% of all existing local property sales in January 2020. of all sales one year ago, 4.3% These so-called distressed sales accounted for just 1.2 from March and up 18.4%

Marketing

HomeLight

FEBRUARY 13, 2023

Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube About This Episode Courtney Poulos started her real estate brokerage in 2009, right after the crash. Same thing with building a brokerage. She had 2 choices – either sink or swim. I started in D.C.,

Marketing

Realty Biz

SEPTEMBER 23, 2021

of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 3% in August 2020. In 2009, distressed sales comprised 70% of Miami sales. Total Miami distressed sales decreased 41.6% Short sales and REOs accounted for 0.5%

Sales

Realty Biz

JUNE 24, 2022

Miami Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, lower than the 1.7% In 2009, distressed sales comprised 70% of Miami sales. in May 2021.

Sales

Housing Wire

FEBRUARY 19, 2021

For a well-prepared real estate brokerage, this holds a promising future. Distressed sales – foreclosures and short sales – represented less than 1% of sales in January, equal to December’s percentage but down from 2% in January 2020. . Regionally, existing home sales in the Northeast fell 2.2%, rose 1.9%

Sales

The Close

DECEMBER 29, 2022

This is when a homeowner turns a deed over to the mortgaging bank to avoid going into foreclosure. This is the amount of a property that a person (not the bank) actually owns. Some states have laws on the books requiring escrow account holders to pay interest on these funds, though banks are often exempt. Related Article.

Purchase and sale agreement

McKissock

JULY 21, 2021

If it’s going to be a mortgage, and the prospect hasn’t talked to a lender yet, that’ll be our next step: go to a bank see what products they offer. A prospective client might have recently had to short-sell a home to get out of an underwater mortgage; in some cases, they may have gone through a foreclosure.

Purchase and sale agreement