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Navigating Real Estate Investments in a Correcting Housing Market

Realty Biz

Focus on Income-Producing Properties In times of market correction, income-generating properties such as multifamily units and commercial real estate tend to fare better than speculative residential investments. Yet, careful due diligence is essential to understand these properties' potential risks and costs well.

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Buying a Foreclosure at a Home Auction? Here’s How Much You’ll Probably Spend

HomeLight

In areas with a lot of residential demand, flippers or future landlords may crowd foreclosure auctions hoping to snag a deal — just like you. Constantine recommends you do your due diligence. One reason it’s so important to have a qualified, dependable real estate agent on your side is to help you with these due diligence tasks.

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Selling to Florida Cash Home Buyers: Tips from Experts

HomeLight

Do your due diligence. As of 2019, foreign buyers’ purchases made up 38% of all residential real estate sales in Miami (compared to just 5% nationally), and 63% of foreign buyers paid cash (compared to 41% nationally), according to the Miami Association of Realtors. mortgage process.

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Eliminating Stringent Contingencies: How to Make a Contingent Offer Stronger

HomeLight

Short sale or bank approval contingencies. Buyers have to be willing to move forward with their due diligence right away,” says Lagrois. When a seller has accepted your thoughtful (and perhaps rather clever) offer, it’s time to kick into overdrive and get things done. Header Image Source: (Backgroundy / Shutterstock).

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. Beyond doing your due diligence online, it’s also a good idea to pick up the phone and put a voice to the business. Put a voice to a name.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Due diligence period. What if your clients are asking about their due diligence period? This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. A PUD is a grouping of residential buildings. Short sale. Foreclosure. Freddie Mac.