Housing Wire

JANUARY 23, 2024

The Santa Ana, California-based financial services company provides solutions including due diligence services, property valuations, mortgage fulfillment and consulting and advisory services.

Due diligence 405

Due diligence Residential Real-estate owned Lending 405

HomeLight

AUGUST 16, 2021

In the market for a “ real estate owned” property ? Experienced REO buyers swear by this method of wealth-building through real estate. “One So how can you develop that skill that makes the pros so confident — and drives major return on investment? There is never a perfect investment situation.

Banks 104

Banks Pre-qualification Investor Short sale 104

HomeLight

JUNE 28, 2021

Department of Housing and Urban Development , a government agency first created by President Lyndon B. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction). Buyers should arrange financing with a bank or mortgage lender ahead of time. What is HUD?

Pre-approval 94

Pre-approval Pre-qualification FHA loan Inspection 94

HomeLight

MARCH 10, 2023

“The investors I work with are mostly experienced and have their own crews,” Procopio says. “If The successful flippers are the ones who have developed good relationships with contractors to keep them honest.” Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Wise agrees.

House Flipping 88

House Flipping Renovation Investor Finance 88

The Close

DECEMBER 29, 2022

These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. This is when a homeowner turns a deed over to the mortgaging bank to avoid going into foreclosure. Due diligence period. Cost of funds index (COFI). Related Article.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98