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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey. The process of finding, buying and owning a home today is disjointed, antiquated and messy.

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A Quick Guide to Understanding Real Estate Designations

Windemere Selling

Like other professionals, real estate agents have the ability to specialize in certain areas of the business by earning designations. Those acronyms signify that they have achieved a specific designation through extensive training and education. So why should real estate designations matter to you?

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WFG expands title offerings for servicers

Housing Wire

” Pre-foreclosure sales are a promising alternative to foreclosures – here’s why. The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace. Presented by: Auction.com.

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Foreclosed Properties: How to Buy One and Whether You Should

Realty Biz

Additionally, there are websites designed to provide anyone interested in purchasing a foreclosed property with the opportunity to do so. These are often called short sales, and they’re just that - when a lender accepts a shortfall in the amount that is owed on the home. Today it’s much different, however.

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Servicers endorse a permanent forbearance, but under different rules 

Housing Wire

. “Forbearance, traditionally, is a tool for short-term, but we are using it now for 18 months, or even more. It was never really designed for that,” a mortgage lobbyist told HousingWire. “We have to find an effective way also for borrowers to exit forbearance, hopefully not through foreclosure or short sale.”

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Five Types of Forclosure and Tips for Purchasing Each Type

Realty Biz

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. Erika Rogers, Homes for Sale in St.