HomeLight

AUGUST 31, 2021

We talked with veteran real estate agents with a combined 30-plus years working with foreclosures to bring you a comprehensive guide to the often confusing world of distressed properties. A foreclosed home is a property that has been seized by the bank after the homeowner failed to make their mortgage payments. Short sale.

Pre-approval 95

Pre-approval Short sale Banks Finance 95

Real Trends

JANUARY 25, 2023

In combination with the vacation rental industry , this niche includes standard single-family homes and multifamily apartments, as well as: Room rentals Full-service apartments Student housing 2. This is a way to help those who have credit problems afford a home of their own. households are renters, with 36% living in apartments.

Homeowner’s association 75

Homeowner’s association Finance Agents Short sale 75

The Close

MARCH 15, 2022

This practice will put further strain on the already short-handed new home industry and prevent more new homes from being built for individual homeowners. Short sales and foreclosures quickly became the norm. An REO agent represents banks and loan servicing companies to sell the homes that they foreclosed upon.

Agents 97

Agents Investor Banks Land 97

The Close

DECEMBER 29, 2022

These real estate definitions will help you ensure you’re communicating with clients effectively. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. 10 Sneaky Real Estate Scams + How to Protect Your Clients (& Yourself).

Purchase and sale agreement 98

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

Easy Agent Pro

DECEMBER 29, 2020

It seemed as if every real estate agent on the planet, overnight, became a “foreclosure specialist” or a “short sale expert.”. The lender also has to publish the notice in the newspaper for three weeks, along with the date of the sale and where it will be held. Again, the process is location-dependent.

FHA loan 83

FHA loan Agents Loans Sales 83

HomeLight

MARCH 10, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Find a Buyer's Agent What is house flipping? Wise agrees.

House Flipping 85

House Flipping Renovation Investor Finance 85

Marco Santarelli

MARCH 15, 2021

Due to the pandemic, there are moratoriums on single-family foreclosures and real estate-owned (REO) evictions until March 31, 2021, to keep delinquent homeowners in their homes. Bank Owned. We’ve mentioned the possibility of getting a deal in the Philadelphia real estate market. Foreclosure Type.

Marketing 126

Marketing Investor Sales As-is 126