article thumbnail

Navigating Real Estate Investments in a Correcting Housing Market

Realty Biz

Understanding housing market corrections is essential for investors, policymakers, and homeowners alike. How to invest through housing market corrections Housing market corrections can be challenging for investors. With cash in hand, investors can negotiate better deals. These properties are often sold at a discount.

article thumbnail

3 Properties That Need More Due Diligence Before Purchasing

Realty Biz

When you are buying a home there are three types of properties that need more research and due diligence. These kinds of properties include condemned houses, hoarder homes, and short sales. Types of Properties With More Required Due Diligence. Short Sales Require Patience and Due Diligence.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Buying REO Homes? Here’s What to Do — And What Not to Do — According to Experts

HomeLight

“One of the best lessons I have learned over the years from other investors is that you don’t find deals, you make them,” explains Mark Motes, a real estate investor at Mark Buys Houses , who buys fixer-upper properties in the Birmingham, Alabama, market with a team of local experts. There is never a perfect investment situation.

Banks 104
article thumbnail

Find Real Estate Cash Buyers for a Speedy Sale

HomeLight

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Keep it simple with HomeLight’s Simple Sale platform.

Sales 98
article thumbnail

How do Foreclosure Auctions Work? How to Find Properties, Research, and Bid

HomeLight

While investors are known to attend and bid at foreclosure auctions, you can do it, too. The title’s been checked out, you can go inside the house and look at it and do all your due diligence. With the courthouse steps [auction], you literally do no due diligence.”. But how do foreclosure auctions work?

article thumbnail

5 Keys To Know About an ‘As Is’ Home Sale Before You Try One

HomeLight

A home inspection is part of a buyer’s due diligence. By saying your sale is “as is,” you’re not preventing a buyer from requesting an inspection , just signaling that no matter what the inspection finds, you don’t want to negotiate on price. “I Cash buyers or investors will be more receptive to the ‘as is’ label.

As-is 98
article thumbnail

Should You Sell Your House to a Flipper? 5 Key Considerations

HomeLight

Kyle McCorkel , an investor who regularly buys, rehabs, and resells properties around Harrisburg, Pennsylvania, recently bought a 1,200-square-foot townhouse for $55,000 from two brothers who wanted to sell the home on behalf of their father, who has health issues and let it fall into disrepair. Your property suffered severe damage.