Due diligence Mortgages Real-estate owned 
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.
AAOA
MAY 5, 2025
It usually starts when a property owner falls behind on mortgage payments or property taxes. Foreclosures: Foreclosures happen when a homeowner cant make mortgage payments. So, its critical to do your due diligence. Other specialized real estate platforms can also offer valuable leads.
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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.
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?
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
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.
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!
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