Realty Biz

JANUARY 1, 2021

Short Sales . A short sale occurs when a homeowner puts the house up for sale at a smaller price than is owed on the mortgage. In most short sales the property is currently worth less than the borrower owes on the mortgage which is referred to as being underwater. Bank-Owned Properties.

Short sale 116

Short sale Pre-approval Banks Loans 116

HomeLight

SEPTEMBER 1, 2020

But then, it went into foreclosure and didn’t sell at auction, so now it’s listed as an REO, or real estate-owned property. Even experienced homebuyers who’ve already bought and sold a few homes will find the process much different, and they will also need an agent who specializes in REO sales. What’s an REO home?

Banks 83

Banks Agents Sales Short sale 83

Housing Wire

MAY 31, 2021

In addition, Pyramid Platform offers users a variety of other workflows, including deed-in-lieu, short sale, acquisition, rental management, and more. The platform was designed by users in today’s ever-changing environment who understand that the most e? Rebecca Smith, VP, Sales and Business Development.

Technology 361

Technology Investor Short sale Real-estate owned 361

HomeLight

SEPTEMBER 30, 2020

With online foreclosure auctions, you submit your offer digitally during a designated day and time. An online option like a real estate owned (REO) property, you’re not spending any money into it,” says Durham. He advises that you set your numbers in advance so your spending doesn’t get out of control.

Due diligence 98

Due diligence Hard money loan Finance Banks 98

The Close

DECEMBER 29, 2022

This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. How to Get a Real Estate License in 5 Simple Steps. Real-estate owned (REO). Real Estate Settlement Procedures Act (RESPA). Short sale. Foreclosure. Freddie Mac.

Purchase and sale agreement 97

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