Calculated Risk Real Estate

JUNE 12, 2025

Mortgage Equity Withdrawal is an aggregate number and is a combination of homeowners extracting equity - hence the name "MEW" - and normal principal payments and debt cancellation (modifications, short sales, and foreclosures). 1 (sometimes called the Flow of Funds report) released today.

Closing 66

Closing Short sale Equity Principal 66

AAOA

JUNE 23, 2025

You might also consider looking for inventory through non-traditional avenues, such as auctions, short sales, and wholesalers. Review each offer carefully with your team and consider factors other than price, such as concessions, contingencies, and closing timeline before choosing the winning bidder.

Investor 40

Investor Pre-approval Finance Short sale 40

Redfin

JANUARY 28, 2025

Lower closing costs With an FHA loan assumption, the buyer might also benefit from reduced closing costs. In addition to the downpayment, these may include a loan assumption fee, as well as other closing costs like title fees, credit report costs, or attorney fees. Are there fees associated with assuming an FHA loan?

FHA loan 31

FHA loan Loans Closing costs Mortgages 31

The Mortgage Report

JULY 11, 2025

I think in some cities, like Phoenix, we are starting to see a little bit of foreclosure or short sale happening. Some markets have huge housing shortages and homes for sale. year-over-year, pushing the number of homes for sale above 1 million for the first time since the winter of 2019. The housing market in the U.S.

FHA 203k rehab loan 40

FHA 203k rehab loan VA loan FHA loan Pre-approval 40

Redfin

MARCH 4, 2025

Ideally, you would have enough equity to cover commissions, any liens, and closing costs. Foreclosure can damage your credit score, so you may want to consider a short sale if this is the case. However, your lender will need to agree to a short sale so its best to speak with them as soon as you can.

Equity 35

Equity Loans Seller concession Short sale 35

Marco Santarelli

APRIL 27, 2025

As someone who watches the real estate market closely and has seen different cycles, I can tell you that paying cash always gives you an edge. Speed of Light Closings: Forget waiting 30, 45, or even 60 days for mortgage approval, appraisal, and all the hoops. Year-over-year, sales were down 2.4% The cash offer? from March 2024.

Finance 52

Finance Loans Inspection Closing 52

Redfin

JUNE 30, 2025

Read this Redfin article to find out a few of the most common home sale scenarios and their recommended document retention periods. You should keep paperwork related to the sale of your house for several years after the sale — often at least seven — especially if the sale involved a large gain, home improvements, or any unusual circumstances.

Purchase and sale agreement 31

Purchase and sale agreement Short sale Closing Sales 31

Housing Wire

FEBRUARY 5, 2025

Smart homes Smart home features include motion-activated smart lighting , digital thermostats to turn on and off, app-controlled appliances and air conditioners, automated window treatments to close during the sunniest part of the day, voice-controlled devices, and so much more. If you’re unfamiliar with these terms, let us explain.

Commercial 291

Commercial Agents Development Renovation 291

AAOA

MAY 5, 2025

Short Sales: Short sales happen when a property is sold for less than the outstanding mortgage balance, typically with the lenders permission. Tax Liens or Sales: Local governments may sell properties with unpaid taxes to recover the owed amount, often through tax lien auctions or tax deed sales.

Bankruptcy 52

Bankruptcy Probate sale Due diligence Renovation 52

Housing Wire

FEBRUARY 1, 2021

The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to recent data from the Auction.com Market Validation Program (MVP) for pre-foreclosure sales. Falling Short.

Sales 417

Sales Pre-approval Short sale MLS 417

HomeLight

SEPTEMBER 30, 2020

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ? Well, it depends.

Short sale 138

Short sale Loans Sales Pre-approval 138

HomeLight

SEPTEMBER 30, 2020

If a homeowner falls behind on their mortgage payments, a short sale is one potential way of correcting course. That being said, the home purchase process is a lot more complicated and drawn out with a short sale because it all hinges on the oversight and approval of a third party: the mortgage lender. Short sales 101.

Short sale 98

Short sale Closing costs Closing Sales 98

Housing Wire

NOVEMBER 15, 2022

Originators who actively work within the non-QM space are closing additional loans every month. Loans up to $3 million 12 or 24 months personal or business bank statements allowed 1099 earning statements accepted Two years seasoning required for bankruptcy, foreclosure, short sale or deed-in-lieu. and growing. Loans up to $1.5

Bankruptcy 388

Bankruptcy Short sale Investor Title 388

HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

Short sale 97

Short sale Sales Pre-approval Pre-qualification 97

Housing Wire

NOVEMBER 3, 2023

Through this offering, consumers may also be eligible to receive a rebate* at closing. titlegenius by Radian, provided by Radian Settlement Services, allows homebuyers and sellers to easily manage their title transaction and closing online and receive real-time updates from their agent for a cohesive experience.

Closing costs 417

Closing costs Short sale Technology New Construction 417

HomeLight

SEPTEMBER 6, 2022

Because, there’s a lot of uncertainty surrounding a short sale, a homeowner might reach out to the real estate agent who originally sold them their home. But that may not be the best choice because even if the whole experience was positive, you’re not going to get the same help that a short sales Realtor® can provide.

Short sale 105

Short sale Sales Agents Mortgages 105

Housing Wire

JUNE 8, 2022

Solutions like active listing scan will help customers “close more loans more quickly,” he added. . In May, the inventory of homes for sale rose 8%, marking the first inventory rebound since June 2019. Xactus, with its mortgage verification suite, aims to close more loans quickly and enhance profitability.

Short sale 370

Short sale MLS Banks Loans 370

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.

Short sale 98

Short sale Sales Pre-approval Banks 98

HomeLight

JULY 31, 2020

You don’t see as many short sales in 2020 as in 2010; despite their name, they’re neither short nor simple endeavors. If a homeowner is behind on their mortgage payments, owes more money than the property’s current value, and is in danger of foreclosure, a lender may agree to terms of a short sale.

Short sale 105

Short sale As-is Purchase and sale agreement Sales 105

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. Consider a Short Sale. If you’re in over your head in debt and can’t find your way out, your mortgage company may approve a short sale. Hire a Real Estate Agent.

Short sale 417

Short sale Investor Banks Renovation 417

HomeLight

AUGUST 16, 2021

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? It’s a long sale.

Short sale 105

Short sale Sales Purchase and sale agreement Banks 105

Housing Wire

MARCH 17, 2021

WFG Title Insurance will now offer forbearance, loan modification, and foreclosure information reports as part of its general title and closing services. ” Pre-foreclosure sales are a promising alternative to foreclosures – here’s why.

Title 370

Title Short sale Lending Loans 370

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?

Short sale 98

Short sale Sales Banks Inspection 98

HomeLight

OCTOBER 11, 2021

You see a house you love, but the listing shows that it is an “active pending short sale.”. And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale? Short sales defined . Wait, what?

Short sale 101

Short sale Sales Banks Backup offer 101

Housing Wire

MAY 31, 2021

In addition, Pyramid Platform offers users a variety of other workflows, including deed-in-lieu, short sale, acquisition, rental management, and more. Clients can utilize real-time and customizable reporting, as well as direct data warehouse access,” said Rebecca Smith, VP, Sales and Business Development.

Technology 403

Technology Investor Short sale Real-estate owned 403

HomeLight

OCTOBER 5, 2020

You know that old saying, “when one door closes, another one opens”? But what if it’s a different kind of sale … for example, how much should you offer on a short sale? So it’s a cycle of closing old chapters and starting new ones — and that doesn’t always happen in a clean-cut, seamless way.

Short sale 92

Short sale Sales Banks Due diligence 92

Housing Wire

MAY 13, 2021

Due to tight inventory and increased competition, investors need to close on loans quickly. We have Agency options, and when that won’t work, we can pivot quickly to a non-QM product without a delay for a quick close. Portfolio Select is a good option for those just two years out of foreclosure, short sale, bankruptcy or deed-in-lieu.

Loans 337

Loans Bankruptcy Investor Short sale 337

Housing Wire

DECEMBER 8, 2021

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. million new and existing home sales combined. This type of sales growth — which couldn’t happen from 2008-2019, as I have often stated — is coming with a hefty price tag.

Bankruptcy 523

Bankruptcy Loans Sales Short sale 523

HomeLight

MARCH 30, 2021

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

Short sale 80

Short sale Sales Pre-approval Closing costs 80

Housing Wire

MAY 18, 2022

” The report found that close to 330,000 homeowners with delinquent loans exited forbearance at the end of last year with no loss mitigation solution in place. A mere 11,386 loans had a status of foreclosure during the seven-month period, while 322 loans had an exit status of a short sale.

Loans 388

Loans Short sale Mortgages Closing 388

Keeping Current Matters

SEPTEMBER 1, 2020

It’s important, however, to closely consider what else impacts the purchase. At that time, distressed properties, like foreclosures and short sales, dominated the market. When most of us begin searching for a home, we naturally start by looking at the price. Today, that’s largely impacted by low mortgage rates.

Short sale 341

Short sale Loans Mortgages Closing 341

Housing Wire

AUGUST 30, 2022

From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 months even if the last existing home sales report showed home price growth of near 11% year over year. However, we haven’t had a credit sales boom like the one we saw from 2002-2005.

Bankruptcy 388

Bankruptcy Days on market Sales Short sale 388

Keeping Current Matters

JANUARY 21, 2021

Economist of Capital Economics, agreed: “The 140,000 drop in non-farm payrolls was entirely due to a massive plunge in leisure and hospitality employment, as bars and restaurants across the country have been forced to close in response to the surge in coronavirus infections. What impact will this have on the real estate market in 2021?

Marketing 307

Marketing Short sale Industrial As-is 307

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. More than 7% of borrowers exiting forbearance have paid off their loans, either through a refinance or a home sale. Forbearance trends and exits outlook.

Mortgages 493

Mortgages Loans VA loan Investor 493

Housing Wire

OCTOBER 31, 2022

Currently, the housing market is in a recession: sales, production, jobs and incomes are all falling in the housing sector. From the Fed : , The Fed feels good about household debt payments as a percentage of disposable incomes — this is close to all-time lows. This is something I talked about on CNBC a few months ago.

Bankruptcy 521

Bankruptcy Lending Equity Mortgages 521

CT Homes

APRIL 18, 2024

If you find yourself in a tough financial spot, it’s crucial to understand your options, particularly when it comes to a short sale vs foreclosure. What is a Short Sale? In contrast to a foreclosure, a short sale is a process initiated by the homeowner before the mortgage defaults become unmanageable.

Short sale 58

Short sale Sales Mortgages Inspection 58

Keeping Current Matters

OCTOBER 21, 2020

A decade ago, there wasn’t a forbearance option, and most banks did not put in other programs, like modifications and short sales, until very late in the crisis. The real estate market has a shortage of listings for sale. In 2008, homes for sale flooded the market. Most homeowners have substantial equity in their homes.

Equity 298

Equity Banks Closing costs Loans 298