HomeLight
AUGUST 31, 2020
You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?
Housing Wire
MAY 20, 2022
Most real estate agents deal with primary homeowners and homebuyers, so they may market an investment property to the wrong audience, delaying the sale. If it looks unkempt from the outside or the inside is cluttered and not staged, it could take longer, even if the layout and overall condition of the home are good.
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Housing Wire
APRIL 25, 2023
As broader economic events have taken center stage since last summer, the market has grown increasingly volatile. Back when prices were falling by as much as 50% or 60%, California was at nearly 18 months of housing supply as REOs and short-sales flooded the market. To register, go here. In March 2023, it was just 2.2
Realty Biz
FEBRUARY 12, 2023
Finding properties in one of the stages of foreclosure is often as easy as looking through a simple Zillow search. When to Look for Foreclosures Christina says that one of the best opportunities is at the earliest stage of foreclosure. These sales can be slow ,” says Christina, “and you are at the mercy of the bank.
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?
HomeLight
SEPTEMBER 1, 2020
A “real estate owned,” or REO, home is one that’s owned by a bank. The owner either forfeited it to the bank, or the house went to foreclosure auction and the house didn’t sell. Whatever the case, now the house belongs to the bank. Buying a bank-owned home isn’t the same as buying a house from a private homeowner.
The Close
DECEMBER 27, 2022
Therefore, in this article we will explore common real estate market cycles and the indicators you can look for to better understand which market stage your area is in. 8 Stages of Real Estate Market Cycles. While I generally agree with this, I break market cycles down into eight stages to make them easier to follow.
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