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How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

AUGUST 31, 2021

Bank-Owned or REO: If a home doesn’t sell at auction, it becomes a real-estate owned home , meaning the bank or lender officially owns it. This is different than a short sale because a pre-foreclosure seller usually still has equity in the house (meaning the home value is more than their mortgage balance).

Pre-approval

Pre-approval Short sale Banks Finance

Flipping Houses in New York: 5 Cities to Consider

HomeLight

MARCH 10, 2023

You can save money by doing some of the work yourself, of course. According to Wise, putting in a little sweat equity on the interior work can improve your profit margin. “If Even if something went wrong, you likely wouldn’t end up losing money. Money was cheap but it’s not cheap anymore.” Wise agrees.

House Flipping

House Flipping Renovation Investor Finance

Residential Realty Today

How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

Flipping Houses in New York: 5 Cities to Consider

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