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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.

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

If you need to finance the home with a mortgage, there are a few options you should consider: Hard money loans: These are loans from private lenders for short periods of time — they can come with higher interest rates and can be risky for inexperienced investors. Money was cheap but it’s not cheap anymore.” Wise agrees.

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Chopra warns of post-COVID housing market fallout

Housing Wire

Student loan debt is in his crosshairs, too. It also extended moratoriums on single-family foreclosures and real estate owned evictions through June 30, 2021. ” Chopra is a CFPB veteran, having previously served as assistant director, where he was the bureau’s top student loan watchdog. As one of Sen.

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

The Close

Make sure clients who see an acceleration clause in their mortgage contracts understand that this allows their lender to demand repayment of the loan in full if they default on the loan. 4 Loan Questions Worth Asking. Basically, amortization is the preset schedule of mortgage loan payments, including interest, over time.