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? 2: Pandemic Mortgage Forbearance. Let’s take a closer look. Factor No.

Marketing 131

Marketing Equity Lending Short sale 131

Realty Biz

MARCH 29, 2021

Mortgage loans do not qualify as a budget strategy; hence you’ll be required to seek alternative channels for purchasing a property. The most advisable flipping modes are distressed properties, short-sales, and bank-owned homes, among other sub-optimal state assets. Set Up a Budget. The Profit Potential.

House Flipping 121

House Flipping Renovation Investor Construction 121

HomeLight

AUGUST 31, 2020

Today homeowners are building guest houses as creative solutions to multi-generational housing and house hacking their mortgages. It’s the easiest way to cover their mortgage payment.”. Would you ever move into the guest house and rent out your main house to live mortgage free? Guest houses by definition. Garage conversion.

Debt-to-income ratio 97

Debt-to-income ratio Construction Loans Equity 97

Realty Biz

MARCH 29, 2021

Mortgage loans do not qualify as a budget strategy; hence you’ll be required to seek alternative channels for purchasing a property. The most advisable flipping modes are distressed properties, short-sales, and bank-owned homes, among other sub-optimal state assets. Set Up a Budget. The Profit Potential.

House Flipping 94

House Flipping Renovation Investor Construction 94

Housing Wire

JULY 20, 2023

With elevated mortgage rates sidelining both home buyers and sellers, existing home sales fell in June, according to the latest report from the National Association of Realtors (NAR). Sales were also down significantly from a year prior. Total existing home sales slipped 3.3% million. “The from June 2022 (1.25

Sales 313

Sales MLS Short sale Construction 313

The Close

DECEMBER 19, 2022

Ben Caballero , the most successful real estate agent in the world in terms of closed sales for the last decade, works exclusively with developers on new construction projects. Learn the ins and outs of short sales and how they can be a lifeline for sellers to establish yourself as the expert support that distressed homeowners need.

Agents 105

Agents Investor Property Management Development 105

Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. More home sales and higher prices will lead to a rise in home-purchase originations in 2022.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

HomeLight

APRIL 29, 2021

A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. Too few resale homes for sale. A flood of homes for sale gives homebuyers more options to choose from. During the Great Recession, an influx of short sales and foreclosures added to the existing resale supply.

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Marketing Sales Agents Construction 109

HomeLight

AUGUST 24, 2022

After closing, Halo Redevelopment, the construction branch of their business, comes in to rehab the property. They specialize in short sales, so sellers who have fallen behind on mortgage payments may take extra interest in their expertise. 1% to 3% of sale price on top of commission. Title search. Closing costs.

Closing costs 77

Closing costs Purchase and sale agreement Closing Staging 77

HomeLight

NOVEMBER 30, 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. Rising mortgage rates are also partially to blame for limited inventory as potential sellers are hesitant to trade their current low mortgage rate for a rate in the 6% range.

House Flipping 101

House Flipping Inspection Investor Renovation 101

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. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 95

House Flipping Renovation Finance Agents 95

HomeLight

AUGUST 16, 2021

This means that the homeowner stopped making payments on their mortgage, and the bank seized the property to recoup the funds. 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. Minimum bid.

Title 109

Title Due diligence Finance Inspection 109

RIS Media

MARCH 18, 2022

Individual investors or second-home buyers, who make up many cash sales, purchased 19% of homes in February, down from 22% in January but up from 17% in February 2021. All-cash sales accounted for 25% of transactions in February, down from 27% in January and up from 22% in February 2021. million pace. . million pace.

Sales 98

Sales Construction Mortgages Short sale 98

Marco Santarelli

JANUARY 25, 2023

Many people may find it difficult to make their mortgage payments during a recession, which can result in an increase in foreclosures and a decrease in property prices. A decrease in construction activity and the associated loss of construction and real estate industry jobs may result from this.

Commercial 52

Commercial Construction Short sale Agents 52

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. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 97

House Flipping Inspection Renovation Finance 97

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. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 85

House Flipping Hard money loan Finance Investor 85

HomeLight

JULY 6, 2023

Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan. Some MLSs limit “coming soon” status to 21 days unless the property is new construction or undergoing major renovations without occupancy. Closed”- Consider these listings sold.

MLS 92

MLS Backup offer Inspection contingency Purchase and sale agreement 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. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 72

House Flipping Inspection Renovation Finance 72

Realty Biz

MAY 21, 2023

Miami-Dade’s out-of-state homebuyers with a mortgage earn nearly $100,000 in median household income. 5 in ultra-prime ($25M+) sales in the world, according to the 2023 Knight Frank Wealth Report. Mortgage Rates Up 3 Percentage Points Vs. Last Year; Impacting Sales Miami total home sales decreased 35.5% million.

Sales 92

Sales Short sale Fixed-rate mortgage MLS 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. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 93

House Flipping Renovation Investor Finance 93

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. With that in mind, consider providing: 1.

Equity 120

Equity Agents Construction As-is 120

Realty Biz

DECEMBER 26, 2022

“This influx of people and companies moving into our region, coupled with the ratio of cash buyers which is nearly double the national average should continue to shield Miami from the impact of high mortgage rates as the Fed continues its mandate to tamper inflationary pressure.”. Single-family home sales decreased 38.5%

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

HomeLight

JULY 31, 2021

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. Timeline for a cash sale in San Antonio. Building is seeing a boom in San Antonio.

Investor 105

Investor Title Due diligence Sales 105

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales 101

Sales MLS Short sale Residential 101

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. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 88

House Flipping Renovation Investor Finance 88

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. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 76

House Flipping Renovation Investor Finance 76

Marco Santarelli

SEPTEMBER 11, 2021

Demand is still outpacing the supply, the new construction is slow, and competition for quality homes remains tough. Because of strong buyer demand, fueled by low mortgage rates, prices are rising steadily, making now an excellent time to be a seller or current homeowner. The median list price per square foot in Indianapolis is $103.

Marketing 98

Marketing Investor Construction Sales 98

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 percent of delinquent mortgages in Virginia Beach is 1.0%, which is lower than the national value of 1.1%. Homes for Sale in Virginia Beach = 1,704. March 2019 was $170. Graph Credits: Movoto.com.

Marketing 98

Marketing Purchase and sale agreement Investor Sales 98

HomeLight

OCTOBER 1, 2020

We weren’t sure what to expect, but they accepted it,” Lauren says, “and we didn’t have any trouble getting a mortgage.”. It didn’t need any repairs, and he never even made a payment on the mortgage he took out to finance the purchase. Their Realtor, Annette Wilcox , helped them make the offer for less than the asking price. “We

Purchase and sale agreement 55

Purchase and sale agreement Banks Earnest money deposit Equity 55

HomeLight

MAY 23, 2022

Sellers must disclose any known issues related to wells, septic systems, and storage tanks, including: Well defects due to construction issues, improper closure or contamination. Water quality issues related to unsafe concentrations of lead. Wells, septic systems, storage tanks. Whether there are fuel storage tanks on the property.

As-is 107

As-is Inspection Investor Closing costs 107

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. home prices). homes are foreclosed (per 10,000).

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

HomeLight

JULY 31, 2021

For example, during the Great Recession , home prices fell 13.9%, leaving many homeowners underwater on their mortgages (in other words, owing more than the home is worth). 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.

Investor 90

Investor Equity Renovation Mortgages 90

Marco Santarelli

JULY 9, 2021

With a strong economy and low mortgage rates, buyer activity has been very strong in 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 percent compared to 2019.

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85

Marco Santarelli

AUGUST 5, 2020

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Record low mortgage rates are providing opportunities for buyers to lock-in low monthly mortgage payments for future years. Mortgage rates remain low and may slide under 3 percent by the end of the year.

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

Marco Santarelli

JULY 27, 2020

While many have lost jobs, making them ineligible for a home mortgage, some sellers have taken their homes off the market. Double-digit declines for California home sales. Mortgage credit remains difficult to obtain. F or buyers in Sacramento County, mortgage rates are at their lowest. Unemployment expected to exceed 20%.

Marketing 124

Marketing Investor Land Sales 124

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Assumable mortgage. Acceleration clause.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97