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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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5 of the Top We Buy Houses For Cash Companies in New Jersey

HomeLight

After closing, Halo Redevelopment, the construction branch of their business, comes in to rehab the property. The selling process at Cash Buyer New Jersey is straightforward, with the same slim due diligence and closing periods as other cash-offer businesses. Closing costs: No closing costs for sellers.

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How to Buy a House at Auction: A Guide for Foreclosure Newbies

HomeLight

But this isn’t a time to skip your due diligence — be sure that you fully understand the rules of the auction and what the payment terms are if you’re the successful bidder. Tax, construction, or homeowner’s association liens may follow the home or even inhibit the sale entirely. Understand the fine print.

Title 109
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How to Connect with Cash Home Buyers in San Antonio

HomeLight

Working with a cash buyer could help you overcome these common selling setbacks in San Antonio: Surge in new home construction. The amount of new construction may create a challenge for some sellers, particularly if their property needs some work. Building is seeing a boom in San Antonio.

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. But not even they could have predicted the 20% increase in construction materials between January 2021 and 2022. Find a Buyer's Agent What is house flipping?

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Miami Real Estate Market & Investment Overview 2020

Marco Santarelli

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. The supply of single-family houses is slowly growing due to high demand.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Construction loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Due diligence period. What if your clients are asking about their due diligence period? Liens can come from unpaid mortgages, construction bills, even HOA fees. Short sale.