Housing Wire

JANUARY 23, 2024

The Santa Ana, California-based financial services company provides solutions including due diligence services, property valuations, mortgage fulfillment and consulting and advisory services. Terms of the deal were not disclosed.

Due diligence 441

Due diligence Residential Real-estate owned Lending 441

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?

Due diligence 408

Due diligence Marketing New Construction Mortgages 408

AAOA

MAY 22, 2025

Prepare a personal financial statement and schedule of real estate owned (if applicable). DSCR (Debt Service Coverage Ratio) (can the income cover the mortgage comfortably?) Negotiate with clarity, be firm but respectful, and always leave room for due diligence to confirm your assumptions. Talk to lenders.

Due diligence 65

Due diligence Purchase and sale agreement Finance Investor 65

HomeLight

SEPTEMBER 30, 2020

John Durham is a successful real estate agent in Henry County, Georgia, and has purchased homes at auction for 16 out of 20 years of his career as a real estate agent. The purpose of the foreclosure auction is to recoup money for missed mortgage payments or tax liens. Where can you find foreclosure auctions? “The

Due diligence 98

Due diligence Hard money loan Finance Banks 98

HomeLight

SEPTEMBER 30, 2021

Preforeclosure: The lender sends a notice of default to inform the owner that they must get up to date on their mortgage payments within a certain timeframe — or they will face foreclosure. REO owned: If the home doesn’t sell at auction, it becomes real-estate owned, meaning the bank or lender owns it.

Banks 122

Banks Inspection Equity Investor 122

The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? Their short sale mortgage is said to be underwater, if they secure a buyer, they must get bank approval to proceed with the sale. What Happens in a Real Estate Short Sale? Lets begin!

Short sale 52

Short sale Sales Due diligence Purchase and sale agreement 52

HomeLight

AUGUST 16, 2021

In the market for a “ real estate owned” property ? Experienced REO buyers swear by this method of wealth-building through real estate. Properties get to this point after the borrower stops making mortgage payments for a period of time.

Banks 105

Banks Pre-qualification Investor Short sale 105