Development Equity Sales Short sale 
Housing Wire
OCTOBER 17, 2023
Walking that thin line is becoming increasingly important as more distressed sales are pushed up-funnel into the pre-foreclosure marketplace — a trend that began developing about 10 years ago and has accelerated in earnest over the last two years.
Keeping Current Matters
JULY 28, 2021
million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. Most of the 1.86M in forbearance have enough equity to sell their home. million homeowners currently in forbearance, 87% have at least 10% equity in their homes. Here are four reasons why that won’t happen.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
APRIL 15, 2021
On Wednesday, lawmakers published a draft version of the legislation, the “Downpayment Toward Equity Act of 2021,” ahead of a hearing held by the U.S. That qualification doesn’t apply if the borrowers’ parents lost their home in a foreclosure or short sale, or if the borrower has ever been in foster care, however.
HomeLight
AUGUST 31, 2021
Again, the timeline varies by state, but this typically begins three to six months after the first missed payment , according to the Department of Housing and Urban Development (HUD). They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows).
Marco Santarelli
JULY 11, 2022
In May 2022, 25 percent of total sales were made in cash, down from 26% in April and up from the 23% recorded in May 2021. New home sales rebound 10.7% Therefore, sales are predicted to fall further. A study conducted last month indicated that homebuilders anticipated fewer sales in June. to $449,000 from a year ago.
HomeLight
OCTOBER 30, 2020
However, as the Department of Housing and Urban Development (HUD) mentions in its guidelines to avoiding foreclosure : “Foreclosure doesn’t happen overnight.” From there, it can be two to three months to the scheduled sale of your property if you take no action to square up with the mortgage company, HUD’s guidelines note.
RIS Media
APRIL 16, 2021
The House Financial Services Committee recently released the latest draft of the proposal, called the “ Downpayment Toward Equity Act of 2021.” The Department of Housing and Urban Development (HUD) will be allocating the funds. This is a developing story. ” The first note of significance? Additional Rules.
Expert insights. Personalized for you.
368 
Let's personalize your content