Real Trends

OCTOBER 21, 2022

Are we on the all-new crazy train, destined to crash off the cliff in a pile of short sales and foreclosures? Are distressed sales headed to your market? The headlines say that the influx of active listings will drive prices down, reduce the velocity of sales and, consequently, wreck the market. Is the bubble bursting?

New Construction 105

New Construction Equity Short sale Construction 105

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. 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.

Purchase and sale agreement 98

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

RIS Media

MARCH 25, 2021

With the real estate market experiencing surging prices, scant inventories and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down—in other words, are we headed for another housing market crash? Let’s take a closer look. Think Back to the Great Recession. in December 2019.

Marketing 126

Marketing Equity Lending Short sale 126

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. Mortgage loans do not qualify as a budget strategy; hence you’ll be required to seek alternative channels for purchasing a property. Search for a Real Estate Property on Sale.

House Flipping 121

House Flipping Renovation Investor Construction 121

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. Mortgage loans do not qualify as a budget strategy; hence you’ll be required to seek alternative channels for purchasing a property. Search for a Real Estate Property on Sale.

House Flipping 94

House Flipping Renovation Investor Construction 94

HomeLight

AUGUST 31, 2020

The base costs for permits, design, utility connection, plumbing, and construction raise the project price before square footage even comes into play. With prefab, you skip the stress and financial unpredictability of construction. News provides a comprehensive list of the best home improvement loans in 2020. Garage conversion.

Debt-to-income ratio 98

Debt-to-income ratio Construction Loans Equity 98

HomeLight

AUGUST 16, 2021

Given the various types of mortgages that are available, the auction process may differ depending on whether the loan on the house up for auction was government-backed or a conventional loan. Department of Housing and Urban Development (HUD) homes for sale portal. It might not be easy to find a loan to buy a house at auction.

Title 107

Title Due diligence Finance Inspection 107

Marco Santarelli

AUGUST 5, 2022

In addition, the mortgage sector took action against loans that ballooned in size or were intended for borrowers to fail. 75% of subprime loans were adjustable-rate mortgages with low initial rates and a scheduled reset after two to three years. When home sales will increase, the economy as a whole will benefit.

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Marketing Mortgages Lending Construction 106

HomeLight

JULY 6, 2023

Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan. Home sale contingency This contingency can arise when a buyer must sell their current home before buying yours. An offer has been accepted, and the sale is expected to close.

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MLS Backup offer Inspection contingency Purchase and sale agreement 96

HomeLight

MAY 23, 2022

“Either there are a couple of issues with the house that they want to disclose but not necessarily repair or they’re selling a house as part of an estate sale and don’t know a lot about it.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Wisconsin.

As-is 108

As-is Inspection Investor Closing costs 108

HomeLight

JULY 31, 2021

Whether you’re a retiree looking to downsize from a large suburban home or a landlord ready to unload a River Walk rental condo, finding cash home buyers in San Antonio will be the best way to fast-track the sale and move you closer to your goals. Timeline for a cash sale in San Antonio. Timeline for a cash sale in San Antonio.

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Investor Title Due diligence Sales 105

HomeLight

NOVEMBER 30, 2022

of all home sales in the first quarter of 2022. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks. But not even they could have predicted the 20% increase in construction materials between January 2021 and 2022.

House Flipping 103

House Flipping Inspection Investor Renovation 103

HomeLight

FEBRUARY 24, 2023

The median sale price for a single-family home in Florida in Q4 of 2021 was $365,000, and it went up to $400,000 in Q4 of 2022, a 9.6% Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 96

House Flipping Renovation Investor Finance 96

The Close

JUNE 15, 2022

FHA loans. FHA vs conventional loans. How to get preapproved for a home loan. For sale by owner 32. Condos for sale 34. Duplexes for sale 35. Townhomes for sale 36. Short sale process. Cheap houses for sale 37. Waterfront homes for sale 38. New constructions homes 39.

Closing costs 96

Closing costs Title Inspection Closing 96

HomeLight

APRIL 29, 2022

If you’re selling your home to a buyer prequalified for a home loan, it’s important to prepare for the appraisal. This may encourage homeowners to put a portion of their equity gains toward a remodeling project in the near future, but they’ll need an appraisal to obtain a home equity loan or take out a home equity line of credit (HELOC).

Equity 117

Equity Agents Construction As-is 117

HomeLight

FEBRUARY 24, 2023

After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 98

House Flipping Renovation Finance Agents 98

Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

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. 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?

House Flipping 99

House Flipping Inspection Renovation Finance 99

HomeLight

APRIL 29, 2021

An ample supply (lots of homes for sale) and limited demand (fewer buyers) leads to a buyer’s market. Conversely, lack of supply (fewer homes for sale) and abundant demand (lots of buyers) results in a seller’s market. It can affect: How you prepare your home for sale. Too few resale homes for sale. Home prices rise.

Marketing 107

Marketing Sales Agents Construction 107

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. San Diego The number of homes for sale in San Diego is increasing. Donate recommends a hard money loan as the top financing strategy for flippers.

House Flipping 89

House Flipping Hard money loan Finance Investor 89

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. I know a lot of people who were doing fix-and-flips through borrowing and bridge loans, but now, with high interest rates and more challenging timelines, it is not as successful.

House Flipping 92

House Flipping Renovation Investor Finance 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. I usually won’t ask above the top sales price per foot in the area, but I usually come in right underneath it. Find a Buyer's Agent What is house flipping?

House Flipping 77

House Flipping Renovation Investor Finance 77

HomeLight

FEBRUARY 24, 2023

After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 74

House Flipping Inspection Renovation Finance 74

Marco Santarelli

AUGUST 21, 2020

Out of five counties, only two of them saw a year-over-year decline in sales. Sales in Miami-Dade & Broward counties declined by 6% and 0.7% The other three counties saw a significant year-over-year increase in sales—Palm Beach (+9.35%), Martin (42.6%), and St. to $385,000 while sales dropped by -11.6%. respectively.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 21, 2021

The statewide data on residential homes from the 42 regional listing boards that comprise the Michigan Association of Realtors show that the average sales price increased 11.79 The total residential sales in the state recorded a decine of -18.12% year-over-year, from 15,696 to 12,852 sales. since last year. since last year.

Marketing 111

Marketing Investor Residential Sales 111

HomeLight

AUGUST 24, 2022

Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in New Jersey. Simple Sale (a HomeLight platform). No repairs, no staging, no open houses.

Closing costs 82

Closing costs Purchase and sale agreement Closing Staging 82

Marco Santarelli

JULY 27, 2020

In May, the median sales price decreased by 1.3% Home sales have improved consistently over the last six weeks and prices appear to be increasing as well. In June, the median sales price increased 5.1% The new data show that sales in the last week were only about 5 percent lower than the same week last year.

Marketing 124

Marketing Investor Land Sales 124

Marco Santarelli

SEPTEMBER 5, 2020

It could only pause sales, which in turn created a huge pent up demand. In July & August, the Phoenix was a hot seller’s real estate market, which means there were roughly more buyers than there were active homes for sale. In July, the median sales price — up 3.3% Now the market is facing a shortage of homes for sale.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. Given the current fundamentals, real estate sales should remain strong in most U.S. Housing units are still in short supply with the problem getting worse. month supply at the current sales pace. percent in July.

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

HomeLight

JULY 31, 2021

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. Plus, capital gains taxes are lower on properties than they are on other investments, and you can often defer paying capital gains taxes if you reinvest the proceeds from the sale of one property into buying another.

Investor 94

Investor Equity Renovation Mortgages 94

HomeLight

OCTOBER 1, 2020

He knew the market and what the home could capture in terms of sales price once it had been fixed up. Closing on the sale didn’t take long — as the bank already owned the property — and with a quick turnaround, he’s satisfied with the roughly $15,000 he made. Moving on after divorce. She now puts the home’s value around $325,000.

Purchase and sale agreement 56

Purchase and sale agreement Banks Earnest money deposit Equity 56

Marco Santarelli

SEPTEMBER 7, 2020

After a big slump in real estate sales and activity during April, May, and June, home sales have bounced back in the Metro Orlando housing market. In July, the total closed sales amounted to 3,679, up 1.4% The median sales price in Orlando for all home types sold in July was $270,000, which marked a 9.2% from June 2020.

Marketing 126

Marketing Investor Sales As-is 126

HomeLight

FEBRUARY 13, 2023

And by the time I moved back to LA, we were really in the throes of foreclosures and short sales, so it was a different time completely. So they’re the ones who had all their construction costs and budgeting around a number that was based on what buyers would pay at a lower interest rate. I started in D.C., Lisa: Gotcha.

Marketing 98

Marketing Agents Staging Branding 98