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Fannie Mae unveils $997M reperforming loan offering 

Housing Wire

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. Loans in Pools 1 thru 3 are being serviced by New Residential Mortgage LLC , NewRez LLC and Fannie Mae — and subserviced by NewRez LLC, Fannie’s fact sheet on the deal states. billion.

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So You Want To Purchase A Power Of Sale, Do You?

Toronto Realty Blog

TorontoRealtyBlog I’ll tell you which call I have not received in quite some time: the good, ‘ole, “power of sale” seeker. A power of sale can come in many different shapes and sizes. There’s a common misconception that all power of sales are for run-down properties, but they’re not.

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Can a Home Seller Under Contract Still Accept a Higher Offer?

Realtor.com

When is a sale a sale? It is absolutely critical that, as a seller, you understand the purchase agreement and any counteroffers you sign. “Read the agreements to find out if you have any outs in the contract,” says Meyers. Then it happens—another offer comes in, and a better one at that.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

According to the International Association of Certified Home Inspectors, a material defect is anything that: Has a specific issue with a system or component of a residential property. Before entering into a purchase agreement, the seller must inform the buyer of any known lead-based paint hazards in the home.

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How Rent-To-Own Homes Work: A Complete Guide

Redfin

Simply put, a rent-to-own home is a residential property that you agree to live in as a rental for a set number of years with the option to purchase the house at the end of the rental term. With most rent-to-own agreements, the renter pays an additional monthly payment that goes toward the down payment. Purchase price agreement.

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10 Ways for Beginners NOT to Lose Money on Real Estate Deals

Realty Biz

Borrowing money to purchase and improve a property is a good strategy. Also, there is no substitute for your own due diligence. Due proper due diligence. Have a clearly defined partnership agreement. Handshake agreements are great but then put it all in writing. Just don’t overdo it.

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How Much Over Assessed Value Should You Pay for Land?

Marco Santarelli

Financial Planning: Assessed land value is a critical factor when planning the financial aspects of a land investment, including budgeting, financing, and setting a reasonable purchase price. Negotiation Skills: Your negotiation skills and ability to reach a mutually beneficial agreement with the seller can impact the final purchase price.

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