Remove Development Remove Sales Remove Short sale Remove Staging
article thumbnail

Definitions for Deal-Seeking Buyers: Short Sales, Foreclosures, and REO Homes

HomeLight

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?

article thumbnail

What’s behind the sharp decline in mortgage delinquencies?

Housing Wire

The economic and job market rebound, coupled with the successful exits from forbearance for many homeowners, contributed to these declines, and particularly for those in later stages of delinquency. This was quite a change from the documentation-heavy process that was developed for loss mitigation from the Great Financial Crisis (GFC).

Mortgages 481
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Make Money as a Real Estate Agent: 9 Strategies to Earn More

The Close

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 105
article thumbnail

Can You Sell a Home in Foreclosure? Why Time Is of the Essence

HomeLight

Whatever stage you’re in, it’s natural to feel paralyzed with disappointment, sadness, and a sense of panic when those overdue notices and warnings come from your mortgage company. However, as the Department of Housing and Urban Development (HUD) mentions in its guidelines to avoiding foreclosure : “Foreclosure doesn’t happen overnight.”

article thumbnail

A Quick Guide to Understanding Real Estate Designations

Windemere Selling

Real Estate Designations Accredited Staging Professional (ASP): By increasing a home’s appeal to a higher number of buyers, home staging is commonly considered one of the best ways to sell a property more swiftly and for more money. Here is a list of those designations and how they benefit real estate consumers.

Design 52
article thumbnail

3 Different Types of Real Estate Agents (And 7 Subtypes), Explained

HomeLight

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 102
article thumbnail

5 of the Top We Buy Houses For Cash Companies in New Jersey

HomeLight

Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process. No repairs, no staging, no open houses. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in New Jersey. Simple Sale (a HomeLight platform).