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.

MLS

Housing Wire

NOVEMBER 3, 2020

Hubzu is an end-to-end asset management platform for residential foreclosure, short sale, REO, deed in lieu, CWCOT and retail property auctions. million bids and the sale of more than 225,000 homes. The app offers potential buyers tools to find, research and bid on homes via a competitive auction format. and Denver markets.

Residential

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. Clients can utilize real-time and customizable reporting, as well as direct data warehouse access,” said Rebecca Smith, VP, Sales and Business Development.

Technology

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. The 10% equity number is important because it enables homeowners to sell their houses and pay the related expenses instead of facing the hit on their credit that a foreclosure or short sale would create.

Short sale

Housing Wire

JUNE 18, 2024

Department of Housing and Urban Development (HUD). This caused systematic failures to respond to thousands of homeowner requests for assistance, and caused financial harm to borrowers, including losing out on home sales and paying unnecessary costs,” the bureau explained.

Loans

HomeLight

AUGUST 31, 2020

You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?

Short sale

HomeLight

OCTOBER 5, 2020

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.

Short sale

Housing Wire

NOVEMBER 20, 2024

Status as a first-time homebuyer will now also count as “a mitigating factor in the DU Risk Assessment,” as research into the development process for the new version suggested that loans where a borrower identified themselves as first-time homebuyers “performed better than similar loans for borrowers that had previously owned a home.”

Bankruptcy

Housing Wire

DECEMBER 13, 2021

For homebuyers, across the country we expect the shortage of homes for sale to extend well into 2022.”. But despite these headlines and recent developments, big investors and Wall Street play a small role in the U.S. Certainly, the great financial crisis accelerated the growth and development of the single-family home industry.

Investor

Housing Wire

JUNE 3, 2024

And of course, during those 50 years, we’ve navigated double-digit interest rates, the Great Recession where everyone had to figure out how to do short sales, and we’ve brought education to our agents during those times. So, we have retooled our sales team to be able to play effectively in that space, and we have had so much success.

Branding

Housing Wire

SEPTEMBER 16, 2021

This was quite a change from the documentation-heavy process that was developed for loss mitigation from the Great Financial Crisis (GFC). More than 7% of borrowers exiting forbearance have paid off their loans, either through a refinance or a home sale. Borrowers simply needed to assert a hardship related to Covid-19.

Mortgages

Realty Biz

MARCH 2, 2023

Read on to discover how to find cheap houses for sale. These websites include images and detailed descriptions of the houses for sale. Look at Short Sales or Foreclosures When the owner fails to pay their mortgage, the lender can take back the property and evict the occupants.

Sales

Realty Biz

JANUARY 1, 2021

If a homeowner chooses to sell the property to avoid actual foreclosure they are usually ready to negotiate on the sale price of the home. 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. Jordan Matin, Portland Homes for Sale.

Short sale

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

HomeLight

JUNE 30, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. These sites typically offer detailed information about each property, including price, location, photos, and contact details for the seller or the agency handling the sale.

Short sale

HomeLight

MAY 17, 2022

But although you might pay less than you would on the open market, closing a sale on a foreclosure can take a long time, and properties may be sold “as-is ,” without a seller’s disclosure. Before you get started down the road toward buying a foreclosure, it’s good to know the different types of sales that you might encounter.

Inspection

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.

Sales

RIS Media

OCTOBER 1, 2020

That’s why the Center for REALTOR® Development has been dedicated to offering safe, convenient and affordable ways to access valuable educational and networking opportunities since the onset of the coronavirus pandemic. Short Sales & Foreclosure Resource (SFR®) Certification Course. Dates: Oct. 8 – 9, 2020.

Marketing

Realty Biz

DECEMBER 26, 2022

Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go, it is poised to end 2022 as its second-biggest sales year ever, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. You make the money when you buy it.

Sales

A Student of the Real Estate Game

DECEMBER 8, 2020

Construction/Technological Innovation : High construction costs is one of the biggest constraints to developing more workforce housing. Innovative models such as ‘ Apt ’ (full disclosure I’m a small seed investor) and projects that utilize prototype design can bring down construction costs while condensing the development timeline.

Construction

Realty Biz

OCTOBER 4, 2022

Engel & Völkers of East Greenwich announced today that Vickie Pizzarelli has joined its brokerage as a real estate advisor, where she specializes in new construction, residential sales, foreclosures, and short sales. She also serves on the Professional Standards Committee at RIAR.

Brokerage

RIS Media

APRIL 16, 2022

DeLisa Rose is a certified instructor with a mastery of multiple aspects of real estate including foreclosures, short sales, probate, divorce, investments, multi-family, commercial real estate, land developments, and luxury home sales. He joined RE/MAX in 1987 and has been a broker/owner since 2002.

Short sale

Realty Biz

MARCH 16, 2023

ML: I’m a subject matter expert on foreclosures, short sales, technology and social media, and then I am a full time instructor in the State of Illinois, dealing with license law, pre-licensing, that sort of thing. We recently sat down with Marki to discuss her real estate career past and present.

Short sale

The Close

DECEMBER 19, 2022

Maybe the market is sluggish or sales are plateauing. You might even get an opportunity to demonstrate your skills to developers wanting to fill newly built apartments or condos. Build a Relationship With Developers. The developer is only an expert in answering one of these questions. and “How much can we sell it for?”

Agents

HomeLight

AUGUST 16, 2021

REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale? In the market for a “ real estate owned” property ?

Banks

Marco Santarelli

JUNE 12, 2021

Both the sales and prices of single-family homes are rising in double-digits in 2021. The Year-to-Date closed sales are up by 17.8%. It is simply the sum of all sale prices in a given time period but it is a strong indicator of the health of the real estate industry in a market. Total cash sales for year-to-date are up by 41.6%

Marketing

Marco Santarelli

SEPTEMBER 21, 2021

million and average household income of around $53,000, Detroit is moving rapidly upwards when it comes to both population growth and development. 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

Marketing

HomeLight

JULY 27, 2021

Regardless of whether an individual’s professional designation is a licensed real estate agent or a Realtor® (a Realtor® is a licensed agent who is a member of the National Association of Realtors ), most agents are paid through commissions, which are a percentage of a home’s sales price. Why the vagueness? Source: (Mia Edmond / Unsplash).

Purchase and sale agreement

Real Trends

JANUARY 25, 2023

It’s also important to note that luxury home sales are just as uncertain as any other type of home. At the end of 2022, sales of the most expensive homes fell more than 38% — the sharpest drop in history. Situational Situational real estate transactions occur outside of “normal ” sales.

Homeowner’s association

The Close

OCTOBER 14, 2024

When you reach the confirmation screen, you can access the dashboard and request reviews, add data about your past sales, or check out how advertising on ZPA can increase your visibility and help you generate more leads. A screen will appear with a field to enter the address of a recent sale.

Agents

The Close

JULY 30, 2024

Expansion stage (Source: CrowdStreet ) What investors should do during expansion : Research growing areas to invest in locations that are in high demand Renovate or develop properties (high demand justifies the cost) 3. In the middle of 2024, we’re seeing high interest rates, high home prices, and slow moving home sales.

Investor

HomeLight

MAY 28, 2021

Real estate agents are sometimes called subagents, real estate salespeople, or sales agents. In New York, sales agents are known as brokers. Also licensed state-by-state, brokers have at least two to five years of sales experience as a real estate agent under their belts and must pass the real estate broker exam for their state.

Agents

Real Trends

MARCH 1, 2023

And some, such as short sales and REOs, vacation rentals and fixer-uppers, are hotter in some markets than others. This type of transaction can differ from a traditional sale, which underscores how important it is to have an experienced agent involved from the start. After you make a decision, develop your marketing plan.

Commercial

HomeLight

AUGUST 16, 2021

Department of Housing and Urban Development (HUD) homes for sale portal. Reserve auctions are similar to minimum-bid auctions in that there is a fixed price that must be met to finalize the sale, but a reserve price is kept under wraps, while a minimum bid is clearly stated. Source: (Willy Barton / ShutterStock).

Title

HomeLight

FEBRUARY 4, 2022

This happens in one of two ways : through the local court or sheriff’s office in a judicial foreclosure, or through the mortgage company in a power of sale or non-judicial foreclosure. Some real estate portals will list pre-foreclosure and foreclosure properties as well as homes currently for sale. Use the MLS.

Agents

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Sell 'As Is' With a Cash Offer. Request Cash Offer. Disclosures.

As-is