Marco Santarelli

JANUARY 25, 2023

A decrease in construction activity and the associated loss of construction and real estate industry jobs may result from this. Foreclosures, short sales, and other distressed properties can be found at a significant discount during a recession. Here are some strategies for investing in real estate during a recession.

Commercial 52

Commercial Construction Short sale Agents 52

Real Trends

MARCH 1, 2023

From new construction to commercial properties, there are many different focus areas to consider. And some, such as short sales and REOs, vacation rentals and fixer-uppers, are hotter in some markets than others. After you make a decision, develop your marketing plan. Choosing the right niche is just the beginning.

Commercial 90

Commercial Agents Construction Short sale 90

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Develop your budget A budget that takes into account all repairs, fees, and the unexpected is a key piece to successfully flipping a home. higher than they were a year ago.

House Flipping 97

House Flipping Renovation Finance Agents 97

HomeLight

JANUARY 19, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Develop your budget A budget that takes into account all repairs, fees, and the unexpected is a key piece to successfully flipping a home. higher than they were a year ago.

House Flipping 99

House Flipping Inspection Renovation Finance 99

HomeLight

FEBRUARY 9, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Develop your budget A budget that takes into account all repairs, fees, and the unexpected is a key piece to successfully flipping a home. in the first four months of 2022.

House Flipping 87

House Flipping Hard money loan Finance Investor 87

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Develop your budget A budget that takes into account all repairs, fees, and the unexpected is a key piece to successfully flipping a home. higher than they were a year ago.

House Flipping 73

House Flipping Inspection Renovation Finance 73

HomeLight

AUGUST 16, 2021

Department of Housing and Urban Development (HUD) homes for sale portal. Property inspections aside, Reynolds recommends conducting a proper title review before bidding “to ensure you won’t be stuck with other financial responsibilities after the sale.” Source: (Willy Barton / ShutterStock). What types of auctions are there?

Title 109

Title Due diligence Finance Inspection 109

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Develop your budget A budget that takes into account all repairs, fees, and the unexpected is a key piece to successfully flipping a home. higher than they were a year ago.

House Flipping 95

House Flipping Renovation Investor Finance 95

HomeLight

MARCH 10, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. The successful flippers are the ones who have developed good relationships with contractors to keep them honest.” Find a Buyer's Agent What is house flipping?

House Flipping 90

House Flipping Renovation Investor Finance 90

Marco Santarelli

SEPTEMBER 21, 2021

million and average household income of around $53,000, Detroit is moving rapidly upwards when it comes to both population growth and development. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in September. With a population of around 4.3 Population Growth.

Marketing 111

Marketing Investor Residential Sales 111

Realty Biz

MARCH 21, 2023

for $10M+ sales volume on basis of percentage change from 2019 vs 2022 via Compass Global companies continue relocating to Miami, such as Citadel, a multinational hedge fund that manages $57 billion in assets and is developing a $1 billion Miami office tower with plans to have 1,500 employees in 10 years. 2, respectively, in the U.S.

Sales 102

Sales MLS Short sale Residential 102

Realty Biz

DECEMBER 26, 2022

Global companies continue relocating to Miami, such as Citadel, a multinational hedge fund that manages $57 billion in assets and is developing a $1 billion Miami office tower with plans to have 1,500 employees in 10 years. The total economic impact of a typical Florida home sale is $112,500, according to NAR. compared to 3.7%

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Develop your budget A budget that takes into account all repairs, fees, and the unexpected is a key piece to successfully flipping a home. higher than they were a year ago.

House Flipping 77

House Flipping Renovation Investor Finance 77

The Close

SEPTEMBER 4, 2020

A top 2% agent companywide at Douglas Elliman and ranked as one of the top teams in the US by Real Trends, Laura Cao and her team consistently list and sell high-end Manhattan luxury new developments and resales. This condo had never been sold since it was built in the early 1970s from the developer.” Hone Your Elevator Pitch.

Agents 111

Agents As-is Sales Development 111

Marco Santarelli

MAY 28, 2022

Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in April. The only options are denser construction and infill development. The community has a higher than average number of short sales. March 2019 was $170. Graph Credits: Movoto.com.

Marketing 98

Marketing Purchase and sale agreement Investor Sales 98

HomeLight

JANUARY 31, 2023

Big-ticket repairs are on the horizon Bill Samuel , property investor and owner of Blue Ladder Development , says the overall condition of the property should be one of the key factors in deciding whether to sell. It’s wise to sell before you expect capital expenditures to come due,” he says.

Property Management 104

Property Management Investor Sales Agents 104

Dwell Real Estate

JULY 1, 2020

June 2020 15719 SEATON PLACE, BRADENTON Sold By: James Tassell | Built Price: $559,892 New Construction by Lennar/WCI Communities in Country Club East at Lakewood Ranch. 601 17TH AVE E, PALMETTO Sold By: Cathy Loeppke | Built Price: $567,640 New Construction, Correggio Model built by Lennar/ WCI Communities in Sanctuary Cove.

Construction 98

Construction Renovation New Construction As-is 98

Marco Santarelli

JULY 27, 2020

Many variables could potentially impact the value of a home in Sacramento in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. With 2020 being, theoretically, in the middle of a boom, there are still 4 years for residential construction to surge. from the previous year.

Marketing 124

Marketing Investor Land Sales 124

Marco Santarelli

JULY 9, 2021

Condo sales rose 98.3 Townhome sales increased 13.6 Traditional sales rose 16.6 Foreclosure sales were down 35.8 Short sales fell 63.6 Previously owned sales were up 18.3 New construction sales dropped 5.5 All of this constrains new construction.

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85

Marco Santarelli

SEPTEMBER 24, 2021

It retains its suburban feel despite heavy development and tourist attractions. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in August. Construction can’t keep up with demand, so the median home price is more than 400,000 dollars. The Economics.

Marketing 98

Marketing Investor Sales Residential 98

Marco Santarelli

AUGUST 27, 2020

Due to rising economic uncertainly of the likes of the infamous recession cou0pled with stay-at-home order, the number of home sales in the Las Vegas housing market for April dropped sharply when compared to March. Many construction projects were also canceled or postponed indefinitely. of all sales one year ago, 4.3%

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

AUGUST 21, 2020

percent of close sales were distressed sales. Yet total Miami distressed sales and short sales fell. The condo glut has already caused new listings of condos to fall, and new construction of them is at a standstill. Miami's Economy Development and Job Growth. Many people move to Miami for work.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 5, 2020

With 2020 being, theoretically, in the middle of a boom, there are still 4 years for residential construction to surge. Many variables could potentially impact the value of a home in Phoenix in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Short sales dropped -38.1%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

NOVEMBER 27, 2021

Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July. Following the housing market decline in 2007, single family rental properties became favorable options for investors, saving in construction or refurbishment prices. Graph Credits: Movoto.com.

Marketing 97

Marketing Investor Sales As-is 97

The Close

DECEMBER 29, 2022

Construction loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. Planned unit development (PUD). Contingency.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

Marco Santarelli

AUGUST 5, 2022

Those who are struggling may decide to sell their houses, maybe even at a profit, rather than allow them to be lost to foreclosures and short sales. The slowdown in housing construction continued into June as housing starts fell to their lowest level since September 2021. However, the current market has only 3.0

Marketing 113

Marketing Mortgages Lending Construction 113

Marco Santarelli

SEPTEMBER 7, 2020

Many variables could potentially impact the value of a home in Orlando in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. ORRA reported that sales of distressed homes (foreclosures and short sales) reached 79 in July and are 27.5% Distressed sales made up 2.2%

Marketing 126

Marketing Investor Sales Fixed-rate mortgage 126