HomeLight

MAY 10, 2024

Sell Your House Fast in Columbus With a Cash Offer Get an all-cash, no-obligation offer on your Columbus home through HomeLight’s Simple Sale platform whenever you’re ready. Do your due diligence Research and verify the credibility of any cash-for-homes company you’re considering before reaching out to them.

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Housing Wire

APRIL 22, 2021

” Redfin pegs the average list price for a home at $325,000 in Raleigh, with sales prices averaging $333,000 — up 10.7% “Plus, we’re a due diligence state, so right now if you don’t go way over listing price and offer a substantial due diligence price, there’s no point in even submitting an offer.”

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Housing Wire

MARCH 16, 2022

Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform. Maxwell connected the popular Encompass LOS to its point-of-sale platform in 2019. Founded in 2015, Maxwell uses artificial intelligence to accelerate the mortgage process for over 300 community lenders, banks, and credit unions.

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Housing Wire

OCTOBER 29, 2020

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. HousingWire: How do Trelix services help users minimize risks and perform loan due diligence?

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Housing Wire

APRIL 26, 2022

As far as a borrower is concerned, they just have a home loan, and they make a payment just like they normally would from their bank account, or they also can make it from their crypto [currency] wallet.”. LauraMac is a software as a service, or SaaS, firm that provides due-diligence automation tools for the secondary market.

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HomeLight

APRIL 22, 2024

Sell Your Albuquerque House Fast With a Cash Offer Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Work with a reputable local real estate agent Opting for a cash home sale doesn’t mean going it alone; working with a reputable local real estate agent can be invaluable.

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Housing Wire

MAY 26, 2023

When it comes to close on the sale of the property the scammer will request a remote notary signing. In addition to the frequent comings and goings of Florida property owners, the state also sees quite a few land sales every year. of total land sales in the U.S., In 2021, Florida was responsible for 12.8%

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Realty Biz

FEBRUARY 19, 2024

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Careful due diligence is necessary to ensure you don't make any significant mistakes. Conducting thorough due diligence is the cornerstone of a successful land purchase.

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HomeLight

APRIL 9, 2024

As Miami’s real estate landscape continues to evolve, more homeowners are exploring the option of cash sales for a more direct and hassle-free transaction. Sell Your House Fast in Miami With a Cash Offer Get an all-cash, no-obligation offer on your Miami home through HomeLight’s Simple Sale platform whenever you’re ready.

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Proof of funds Due diligence Investor Banks 101

Housing Wire

MAY 10, 2022

Hill also was accused of defrauding his employer out of $480,000 in sales commissions. Depository Institutions – Banks SARs Filings Related to Mortgage Fraud 2020: 11,349 2021: 8,805 Down: 22%. Following are some of the DOJ presser headlines for those cases and links to the official releases describing the charges. Petersburg.

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HomeLight

MAY 7, 2024

In 2023, cash sales accounted for 18.7% Sell Your House Fast in Charlotte With an All-Cash Offer Get an all-cash, no-obligation offer on your Charlotte home through HomeLight’s Simple Sale platform whenever you’re ready. of all real estate transactions in the city, according to Canopy MLS. real estate markets.

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Toronto Realty Blog

OCTOBER 10, 2023

TorontoRealtyBlog I’ll tell you which call I have not received in quite some time: the good, ‘ole, “power of sale” seeker. A power of sale can come in many different shapes and sizes. There’s a common misconception that all power of sales are for run-down properties, but they’re not.

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HomeLight

MAY 10, 2024

With a scarcity of buildable lots and historically low inventory, Long Island is a booming market for all-cash home sales. If you’re a homeowner looking to avoid the traditional market headaches — think contingencies, financing delays, and appraisals — accepting a cash offer ensures a faster, less complicated home sale.

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HomeLight

MAY 3, 2024

Sell Your House Fast in Chicago With an All-Cash Offer Get an all-cash, no-obligation offer on your Chicago home through HomeLight’s Simple Sale platform whenever you’re ready. Do your due diligence When considering cash-for-homes companies, verifying their credibility is crucial to avoid scams.

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Realty Biz

OCTOBER 23, 2023

Real-world uses for AI in real estate currently include: Property valuation: AI-powered algorithms can analyze large amounts of data to accurately value properties, taking into account factors such as location, condition, and recent sales. Due diligence: AI can be used to automate the due diligence process for real estate transactions.

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HomeLight

SEPTEMBER 1, 2020

If that’s you, you may have heard that one path to a deal is buying a bank-owned foreclosure. There are pros and cons to consider when going this route, however, such as the fact that bank-owned properties often need more TLC than other homes on the market, and many are sold as-is. What’s a bank-owned foreclosure?

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Housing Wire

MAY 5, 2022

You can use that time to prepare for the sale, and when the lease ends, you start the process. You can conduct the sale as you would with any other buyer, selling the house in a decent amount of time. At the end of the term, the buyer refinances the debt with a loan from a bank and pays you off, releasing you from the investment.

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Realty Biz

JUNE 20, 2023

However, it requires a sound strategy and due diligence to find the best deals. The lender does so by forcing the sale of the asset used as the collateral for the loan, typically a house. REOs: If a property does not sell at auction, it becomes a real estate-owned property, owned by the bank or lender.

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Housing Wire

MAY 23, 2023

In other words, independent mortgage banks (IMBs) acting as buyers in M&A deals are being asked to assume the future R&W liabilities for past loans sold to Fannie Mae by the seller should the seller, at some point, be unable to honor the terms of the contracts. Risk mitigation is critical right now on all levels,” Stephens added. “In

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HomeLight

OCTOBER 5, 2020

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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Housing Wire

AUGUST 11, 2020

In the early 2000s, many — including myself — believed empowering someone with a home for sale to contribute to the buyer’s down payment was a small way to help deserving families. And now, thanks to these reforms, we live in an era of far greater mortgage banking controls and stability.

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The Residential Specialist

FEBRUARY 27, 2024

Real estate is no exception; high-dollar sales mean creative con artists bring their A-game. Be aware It’s hard, especially when you are hungry to make a sale, to remember that things that sound too good to be true are usually just that. It is better to lose a sale than to be defrauded. But it definitely isn’t enough.

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HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

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Realty Biz

MARCH 30, 2023

This includes bank statements, tax returns, pay stubs, credit report information, etc. When searching for someone to work with, be sure to read online reviews and do your due diligence. Therefore, make sure you do your due diligence before signing any contracts. that may help you get approved with favorable terms.

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Housing Wire

NOVEMBER 16, 2022

But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Still, consolidation is clearly underway in the mortgage banking industry already. By the time 2022 is wrapped up, mortgage lenders will have originated about $2.2 trillion to $1.7

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Housing Wire

MARCH 17, 2022

These multiple market pressures have fueled rate volatility and accompanying pricing-execution pressures that have led to a difficult beginning of the year for the private-label securities (PLS) market, according to market experts, and, as a side effect, sparked a more robust market for whole-loan sales — with loans often being sold at a discount.

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HomeLight

AUGUST 16, 2021

REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale? In the market for a “ real estate owned” property ? Source: (Andre W.

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HomeLight

DECEMBER 31, 2020

You can put so much effort into prepping your house for sale that you forget what happens after you receive an offer. Putting your John Hancock on a home sale contract might feel like the completion of a major financial deal, but it’s actually just the beginning of the home sale process. What does “sale pending” mean?

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Marco Santarelli

OCTOBER 23, 2023

If you are looking for cheap homes for sale in California , you might be wondering if it is possible to find any properties under 50k. One of the easiest ways to find cheap homes for sale in California is to use online platforms that aggregate listings from various sources, such as Realtor , Redfin , Zillow , Point2 , or PropertyShark.

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Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? After all, while principals, investors and banks may not be clamoring to get into the title business for CRE transactions, not many title agencies do it well, and many of those only know certain markets.

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HomeLight

AUGUST 31, 2021

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. Updated August 31, 2021.

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Realty Biz

OCTOBER 16, 2020

It operates REACH in five major markets to help startups launch and accelerate high growth in the real estate, financial services, banking, home services, and insurance industries. Second Century Ventures, a global venture fund in real estate technology, has more than 100 portfolio companies worldwide.

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HomeLight

SEPTEMBER 30, 2020

Durham says that in Georgia, foreclosures must be advertised for four weeks leading up to the sale. “If The title’s been checked out, you can go inside the house and look at it and do all your due diligence. With the courthouse steps [auction], you literally do no due diligence.”. Source: (Antenna / Unsplash).

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Realty Biz

SEPTEMBER 11, 2023

The real estate market in 2023 calls for more than just investment savvy; caution and due diligence have become equally essential. Given the rising rates of fraud, due diligence is no longer an option but a necessity for a secure transaction. The critical takeaway here is never to leave anything to chance.

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Toronto Realty Blog

JULY 21, 2021

All opportunities go through our very rigorous due diligence process. . Units in the investment are listed for sale on our platform. Connect your bank account and fund your wallet so that you’re ready for when a property drops. Step 2: Addy divides the investment opportunity into equal parts. Step 4: Sign And Invest.

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HomeLight

OCTOBER 5, 2020

An appraiser will compare the home to others around it, taking into account recent sales prices for other homes with similar features. Also remember that, although you may be hoping for a discount, the bank is trying to recoup as much of the appraised value as possible. Constantine recommends you do your due diligence.

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Redfin

MARCH 14, 2022

How a seller’s disclosure can impact a home sale. Missing items: The seller needs to list any items that will be removed after the sale, such as refrigerators or lighting fixtures. . There are several circumstances in which a buyer may not receive a seller’s disclosure – this is known as a “no seller’s disclosure sale.”

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