HomeLight

AUGUST 31, 2021

Let’s take a look at the most common foreclosure sales and how they work. Short sale. A short sale isn’t necessarily a foreclosure sale, but it’s common to see a short sale done to avoid foreclosure. A seller will usually have to prove financial hardship for the lender to agree to the sale.

Pre-approval 99

Pre-approval Short sale Banks Finance 99

HomeLight

JANUARY 19, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. An inspection might cost a few hundred dollars, but a $400 inspection can keep you away from a $10,000 or $20,000 problem,” he says.

House Flipping 98

House Flipping Inspection Renovation Finance 98

HomeLight

FEBRUARY 9, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Even if something went wrong, you likely wouldn’t end up losing money. Donate recommends a hard money loan as the top financing strategy for flippers.

House Flipping 86

House Flipping Hard money loan Finance Investor 86

HomeLight

MARCH 10, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. You can save money by doing some of the work yourself, of course. According to Wise, putting in a little sweat equity on the interior work can improve your profit margin. “If

House Flipping 89

House Flipping Renovation Investor Finance 89

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Even if something went wrong, you likely wouldn’t end up losing money. Once you win your bid, it’s absolutely crucial that you get a home inspection and an appraisal.

House Flipping 94

House Flipping Renovation Investor Finance 94

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Even if something went wrong, you likely wouldn’t end up losing money. Once you win your bid, it’s absolutely crucial that you get a home inspection and an appraisal.

House Flipping 77

House Flipping Renovation Investor Finance 77