Housing Wire

FEBRUARY 21, 2023

By maintaining that optimal foreclosure auction sales rate, these proactive lenders are able to minimize disposition losses while also mitigating the risk of holding properties as real estate owned (REO) in a market where home prices are flat or falling.

Marketing 382

Marketing Renovation Investor Sales 382

HomeLight

JUNE 28, 2021

Collinge also suggests taking a hard look at the house and making a list of what you believe needs work to bid accordingly — and don’t be afraid to request that HUD cover some closing costs to make up the difference. After the bidding deadline closes a HUD asset manager reviews the bids. Safety’s usually No.

Pre-approval 91

Pre-approval Pre-qualification FHA loan Inspection 91

HomeLight

AUGUST 16, 2021

In the market for a “ real estate owned” property ? Experienced REO buyers swear by this method of wealth-building through real estate. What will it cost to renovate it so you command either market rent or a sale at a price that represents a margin you’re comfortable with?

Banks 104

Banks Pre-qualification Investor Short sale 104

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. Bank-owned/REO sale. If a home doesn’t sell at auction, the bank will formally take ownership of the house and list it as a real-estate owned property.

Pre-approval 94

Pre-approval Short sale Banks Finance 94

HomeLight

SEPTEMBER 1, 2020

The home is now bank-owned (sometimes also called REO, or “real estate owned”). Bank-owned homes may not be the best-staged or the most recently renovated. You’ll want to know exactly what you are getting into before the deal closes. Step 14: Closing time! Step 2: Consider dealbreakers.

Banks 75

Banks Inspection contingency Inspection FHA loan 75

HomeLight

MARCH 10, 2023

With more than 17 years of experience in the Syracuse market, Frank Procopio has closed nearly 600 real estate transactions and has personal experience flipping houses, as well as working with investors and homebuyers who are actively flipping houses in the area. I determine what is the most I can get out of it. Wise agrees.

House Flipping 85

House Flipping Renovation Investor Finance 85

HomeLight

MARCH 30, 2022

Let’s take a close look at the process to sell a house from out of state and your options for selling long distance. Sometimes these are classified as REOs, or real estate-owned properties , because they’re now owned by a bank, government agency, or other lender. What's Your Out-of-State Home Worth? Foreclosure.

Pre-approval 98

Pre-approval Agents Closing MLS 98