Housing Wire

MAY 20, 2022

Investment homes often take longer to sell because your audience is other investors. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations. Consider a Short Sale.

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Short sale Investor Banks Agents 390

Realty Biz

OCTOBER 11, 2021

Every investor is aware of, and many specialize in one of these sources of investment properties: foreclosures, REO, short sales, divorces, fire damage, damaged foundations, hoarders, and other distressed properties. In today’s market, these can be difficult to find and too many investors are pursuing the same properties.

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Investor Probate sale Short sale Closing 94

The Close

DECEMBER 27, 2022

Unfortunately, we as investors are mere mortals and don’t have infinite time on this earth. This is because the market is still experiencing a feeding frenzy from buyers and investors looking to cash in on the appreciation from the previous cycle. Preforeclosure and short sales are more common. Stage 1: The Turn.

Investor 91

Investor Staging Marketing Banks 91

Housing Wire

SEPTEMBER 16, 2021

The delinquency rate should follow that downward path closely. We will certainly be tracking these data closely over the next months and quarters. The forbearance data are tracked by investor category (Fannie/Freddie, Ginnie, Portfolio/PLS) and servicer category (IMB, depository). Forbearance trends and exits outlook.

Mortgages 477

Mortgages Loans VA loan Investor 477

Realty Biz

JULY 19, 2022

Investors are looking at the current economic situation and anticipating that an even bigger spike in foreclosures is on the horizon. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession.

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Purchase and sale agreement Short sale Loans Inspection 102

Realty Biz

FEBRUARY 12, 2023

Auctions were very intimidating, because you were often not allowed to see the properties up close, and you took the risk of what you might get, well, competing against professional, flippers, contractors, and other experts.” If you’re not looking for a short sale, though, you’ll need to purchase a foreclosed property at auction.

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Short sale Banks Staging Principal 115

Housing Wire

AUGUST 30, 2022

I am not talking about investors; I am talking about primary resident homeowners. The next job loss recession, when it happens, will have more foreclosures, short sales, and bankruptcies. Since we are so close to the fall, it’s time to look at housing with a 2023 outlook because seasonality will kick in soon.

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Bankruptcy Days on market Sales Short sale 382

HomeLight

AUGUST 31, 2021

Let’s take a look at the most common foreclosure sales and how they work. Short sale. A short sale isn’t necessarily a foreclosure sale, but it’s common to see a short sale done to avoid foreclosure. A seller will usually have to prove financial hardship for the lender to agree to the sale.

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Pre-approval Short sale Banks Finance 97

HomeLight

JUNE 8, 2021

Even in today’s hot seller’s market where homes attract offers in as few as 16 days , it takes around 2-plus months to sell a house from list to close. Alternatively, you could request a full cash offer through a platform like Simple Sale , slashing your closing timeline to 10 days or the move-out date of your choosing.

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Short sale Agents Sales Days on market 109

Realty Biz

FEBRUARY 5, 2024

Understanding these factors is crucial for homeowners, investors, and industry professionals to make informed decisions. I remember doing hundreds of short-sale transactions. This reduced investor activity can have a stabilizing effect on overheated markets. A myriad of components influences market trends in real estate.

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Investor Technology Mortgages Agents 129

The Close

DECEMBER 19, 2022

Chances are these people will buy or sell again, so keeping in close contact with them is key to making more money as a real estate pro. Become a Real Estate Investor. You’ll be positioned to demonstrate to real estate investor clients that you know what you’re doing and can serve their needs better than the competition.

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Agents Investor Property Management Development 105

HomeLight

AUGUST 16, 2021

“One of the best lessons I have learned over the years from other investors is that you don’t find deals, you make them,” explains Mark Motes, a real estate investor at Mark Buys Houses , who buys fixer-upper properties in the Birmingham, Alabama, market with a team of local experts. There is never a perfect investment situation.

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Banks Pre-qualification Investor Short sale 104

Realty Biz

NOVEMBER 18, 2021

One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale. Bank-owned property sale of a foreclosed property. BPOs are also commonly used by owners, buyers, and investors in these situations: Valuation for a short sale or foreclosure purchase.

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Short sale Inspection Loans Banks 111

HomeLight

JUNE 30, 2022

When an owner sells the property, that listing is closed and the new owner will need to recreate a listing,” explains Luke Smith, property investor and owner of We Buy Property in Kentucky. Market your Airbnb’s home value and income history to investors. Know your ideal buyer when selling your Airbnb.

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Investor Sales Agents Closing 98

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales.

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Short sale Sales Pre-approval Equity 84

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

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Sales Investor Renovation Due diligence 95

Realty Biz

AUGUST 4, 2020

You’ll also be on your own when it comes to marketing to attract qualified buyers ready to make the best offer and close the deal in a short time. Short sales can be complicated. Short sales are complicated. You’re going to want a real estate agent with short sales experience.

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Equity Short sale Investor Title 59

Realty Biz

MAY 8, 2023

Real estate investors today need to be as motivated as possible, which often means painstakingly searching for off-market deals with the services of real estate agents in Madison WI that you can use to find the perfect home at an off-market value. Sign up for email alerts for new properties that are not on the market for sale.

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Marketing MLS Inspection Investor 98

HomeLight

SEPTEMBER 1, 2020

These sales are different from normal sales. Timelines can stretch longer than a typical close cycle, and financing might not be the same, either. A home that goes to auction is often a cash-only sale, which may be outside your reach. Also, try contacting fix-and-flip or buy-and-hold (landlord) investors in your area.

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Banks Agents Sales Short sale 83

HomeLight

JULY 31, 2021

While some traditional homebuyers may find these issues problematic, there are plenty of cash home buyers in Pittsburgh who are willing to purchase properties “as is” in the area while offering a quick closing. Profitable flips drive investor activity. Timeline of a cash sale in Pittsburgh. Cash-buying landscape in Pittsburgh.

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Investor Inspection Sales Closing 109

HomeLight

NOVEMBER 9, 2021

You just heard about short sales, and they sound intriguing. But it would be a mistake to think you’re automatically getting a deal with a short sale. Short sales fall into the category of “distressed” sales. Here’s when it’s good to buy a short sale house. First: What’s a short sale?

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Short sale Sales Purchase and sale agreement Banks 85

Realtor.com

DECEMBER 20, 2022

Just a few months ago, home prices hit record heights, investors were gobbling up scores of homes, and buyers were racing to purchase whatever they could before prices rose even further. Then, quite suddenly, the market seemed to seize up and prices and sales began falling. New construction and investors haven’t gone wild.

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Marketing Construction Investor New Construction 113

Realty Biz

NOVEMBER 15, 2023

The firm’s affiliated sales professionals have more than 100 years of combined experience in commercial properties, first-time homebuyer assistance, second homes, foreclosures, short sales and land sales. Andrews plans to use the CENTURY 21 brand’s robust resources to expand his firm’s presence within its existing market.

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Branding Brokerage Short sale Commercial 74

HomeLight

JULY 31, 2021

Whether you’re downsizing to a retirement home in Papago Park or looking to escape the realities of Phoenix’s 100-degree Halloweens, scary scorpions, and small yards — you can likely get cash for Phoenix residence in short order. International investors scooping up Phoenix real estate. Timeline for a cash sale in Phoenix.

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Investor Seller disclosure Sales Closing 86

HomeLight

MARCH 18, 2022

By eliminating lender involvement, you open up sales to non-traditional buyers, such as house flippers , buy-and-hold investors , and iBuyers. After all, investors are buying the property for business reasons, so their profit margins are usually top-of-mind. Close in as little as 10 days. They need quick cash.

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Inspection Investor Sales Agents 98

HomeLight

NOVEMBER 10, 2021

Though each business operates a little differently, iBuyers generally provide near-instant cash offers for homes, allow you to sell your home mostly or entirely online, and can facilitate much faster closings than a more traditional or financed buyer. Close in as few as 10-14 days. Close in as little as 10 days.

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Home sale contingency Sales Closing Short sale 95

The Close

AUGUST 18, 2022

Emile L’Eplattenier, Managing Editor , The Close. My solution: Showcase your home with over 60 international ads in key investor markets throughout Asia, Europe, South America, and more. Emile L’Eplattenier, Managing Editor , The Close. Emile L’Eplattenier, Managing Editor , The Close. Older Expired Prospecting Letter.

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Purchase and sale agreement Title Closing Short sale 98

HomeLight

JANUARY 25, 2021

Kyle McCorkel , an investor who regularly buys, rehabs, and resells properties around Harrisburg, Pennsylvania, recently bought a 1,200-square-foot townhouse for $55,000 from two brothers who wanted to sell the home on behalf of their father, who has health issues and let it fall into disrepair. Your property suffered severe damage.

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Purchase and sale agreement Investor Inspection Due diligence 104

HomeLight

FEBRUARY 26, 2021

In fact, 95% of purchased homes undergo an inspection before closing. By saying your sale is “as is,” you’re not preventing a buyer from requesting an inspection , just signaling that no matter what the inspection finds, you don’t want to negotiate on price. Cash buyers or investors will be more receptive to the ‘as is’ label.

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As-is Sales Inspection Investor 95

HomeLight

APRIL 15, 2022

After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. . They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.

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Title House Flipping Title search Sales 84

HomeLight

FEBRUARY 26, 2021

And in most cases, an investor or flipper who purchases the home will want to make those bigger renovations themselves, as they have the expertise and resources to tackle them faster and less expensively. Target a network of investors and house flippers who are seeking properties to renovate. Knock out the low-hanging repairs.

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Investor Inspection Renovation Sales 87

HomeLight

SEPTEMBER 21, 2020

If the house closes, the buyer would ultimately have to accept the outcome of the pending litigation. “In In a scenario where there is a lis pendens due to a property line dispute, and a cash investor buys the home before the dispute has been concluded, the cash investor must accept the eventual outcome of the dispute,” says Herzberg.

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Title Banks Investor Title search 92

HomeLight

AUGUST 24, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in New Jersey. Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in New Jersey typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days.

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Closing costs Purchase and sale agreement Closing Staging 77

HomeLight

FEBRUARY 28, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Colorado. Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in Colorado typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days.

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Closing costs Closing Sales Staging 78

HomeLight

FEBRUARY 17, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Texas. Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in Texas typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days.

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Closing costs Closing Sales Staging 74

Realtor.com

DECEMBER 14, 2022

Those still scarred from the Great Recession will remember watching in horror as millions of homeowners lost their properties to foreclosures and short sales after their mortgage payments suddenly spiked. Many sellers and builders are eager to close the deal, and they don’t want to drop their prices.

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Fixed-rate mortgage Mortgages Loans VA loan 102

Kyle Handy

JANUARY 20, 2023

A house flipper isn’t just a real estate investor when done right. They aren’t closing these deals through PayPal but are trying to source a buyer as an FSBO homeowner. As a real estate agent or investor, you probably already know which neighborhoods are best for flipping homes. It only makes sense.

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House Flipping Bankruptcy Investor Renovation 89