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. Pre-foreclosure.

Pre-approval 101

Pre-approval Short sale Banks Finance 101

Point2Homes

JUNE 23, 2021

Distressed properties can be a very attractive option for both homebuyers and investors. Often, dealing with the bank directly can allow you to pace your home buying decision and even provide a better deal. Foreclosure: the bank will begin the legal proceedings against the owner and the property will go into foreclosure.

Pre-approval 71

Pre-approval Banks Title search Inspection 71

HomeLight

JUNE 28, 2021

HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction).

Pre-approval 97

Pre-approval Pre-qualification FHA loan Inspection 97

HomeLight

MARCH 30, 2022

Selling a house is rarely easy — but it certainly helps if you’re physically nearby to coordinate repairs, approve paint colors, or pop by during your lunch break to check on things. A skilled real estate agent can guide you through how to sell a house from out of state, providing an elevated level of service. Foreclosure.

Pre-approval 106

Pre-approval Agents Closing MLS 106

Rent, Buy & Sell

JANUARY 20, 2023

A foreclosure—the actual act of a lender seizing a property—is typically the final step after a lengthy pre-foreclosure process. Foreclosed properties are typically easily accessible on banks’ websites. After that, the foreclosure is deleted from the borrower’s credit report.3 Department of Housing and Urban Development (HUD).78

Pre-approval 59

Pre-approval Banks Loans Mortgages 59

The Close

DECEMBER 29, 2022

And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. This is when a homeowner turns a deed over to the mortgaging bank to avoid going into foreclosure.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97

Marco Santarelli

APRIL 29, 2021

So they should take advantage of scooping up their favorite deals which otherwise are taken away by seasoned investors in the bidding wars. San Jose Real Estate Foreclosure Trends. Pre Foreclosures. Bank Owned. San Jose Real Estate Investment Overview. Foreclosure Type. Prior Month. Prior Year.

Marketing 126

Marketing Investor Residential Sales 126