Remove Commercial Remove Due diligence Remove New Construction Remove Technology
article thumbnail

The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Balancing supply and demand is a delicate dance between new construction and existing properties.

article thumbnail

Building a House? A Simple Guide to the Home Building Process

Redfin

It’s important to note that construction-related loans may be slightly harder to secure than a traditional mortgage. FHA first-time homebuyer loans are limited as well for new construction, so those without a strong credit history are advised to do research to ensure adequate financing is available.

article thumbnail

Best Real Estate Websites For Buyers And Sellers In 2020

Marco Santarelli

Instead, we’re going to focus on the best real estate websites that make it easier to perform due diligence when researching properties and simplify the process of finding, vetting, and managing tenants. This real estate website strives to develop technology that improves the process of buying and selling a home every step of the way.