Keeping Current Matters

MARCH 10, 2021

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Home sales and prices were both up substantially over the year before. New construction isn’t making up the difference in inventory needed. Bottom Line.

Equity 261

Equity New Construction Construction Short sale 261

Realty Biz

AUGUST 6, 2021

As the market again plows bullishly upward into unaffordable home prices, the most likely cushion from a full market meltdown this time will be stricter bank loan regulations and homeowner equity. The housing bubble bust of 2008 resulted in almost 10 million Americans losing their homes to foreclosures and short sales.

Short sale 103

Short sale Loans Equity Mortgages 103

Realty Biz

JUNE 24, 2022

The total economic impact of a typical Florida home sale is $112,500, according to NAR. Miami Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, lower than the 1.7%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

HomeLight

APRIL 29, 2022

Whether you’re thinking about selling your home, borrowing from your home equity, or canceling private mortgage insurance (PMI) , it’s worth considering how to increase home value for an appraisal. For example, any homes that were foreclosures or short sales may be considered bad comps. Install new garage door.

Equity 117

Equity Agents Construction As-is 117

The Close

DECEMBER 29, 2022

It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. Construction loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Home equity conversion mortgage. Contingency. Freddie Mac.

Purchase and sale agreement 98

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

HomeLight

JULY 31, 2021

Equity is your friend. As you pay off your mortgage, you gain equity (that’s the portion of the home you own as opposed to what you still owe your lender) in your investment. And if you ever need to access that money down the road, you can leverage it through a home equity loan or line of credit. Real estate mutual fund.

Investor 87

Investor Equity Renovation Mortgages 87

Marco Santarelli

MAY 31, 2022

Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July 2019. 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 100

Marketing Investor Sales As-is 100