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How Long Does a Short Sale Take? What to Expect When You’re Buying Short

HomeLight

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? Source: (Freedomz / ShutterStock).

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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

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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Think US home prices are high? At least we aren’t Canada

Housing Wire

Breaking that threshhold would mean we are in unhealthy home-price growth land. A lot of mortgage debt went away due to foreclosures and short sales, bringing home prices way down. Those loans with a small downpayment risk foreclosure or short sale if home prices fall quickly during a job loss recession.

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How to Make Money as a Real Estate Agent: 9 Strategies to Earn More

The Close

These ads direct potential sellers to Market Leader’s landing page and potential buyers to your personally branded, IDX search-enabled site. When less housing exists than what is needed, smart real estate agents start focusing on vacant land. Are people moving to your town? Is there distress in your housing market?

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Real estate sales by unit. Preforeclosure and bank-owned properties, or REO. Preforeclosure and short sales are more common. Even a few bank-owned homes are starting to show up in the MLS. Bank-owned homes seem to be everywhere. Foreclosures and bank-owned homes are still commonplace. Housing values.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process. Short sale. Loan approval. Dodge move.

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Do I Need a Lawyer to Buy a House (And How Much Does That Cost)?

HomeLight

A lawyer or title company can also check for any deed restrictions limiting the property’s use, in addition to any easements that might grant other parties the right to use part of your land. This could include a tenant who doesn’t want to leave, easement or title issues, or in short sale or foreclosure situations.