Equity Inspection Investor Real-estate owned 
Housing Wire
FEBRUARY 7, 2022
Amid protests set off by George Floyd’s death, Fannie Mae ’s CEO issued a public statement about its commitment to racial equity. I told him, ‘We have this serious racial equity issue still pending, and I hope Fannie Mae is serious about it.’” Instead, investors bought the run-down properties in bulk sales.
Realty Biz
JULY 19, 2022
However, ATTOM (real estate data) released comprehensive foreclosure data for the first quarter of 2022 showing a total of 78,271 U.S. Investors are looking at the current economic situation and anticipating that an even bigger spike in foreclosures is on the horizon. The bank lists the property with a real estate agent.
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HomeLight
JUNE 28, 2021
Here, you’ll find a complete listing of HUD homes nationwide, along with photos, asking prices, appraisals, basic inspection results, bidding deadlines, and more. For instance, certain windows may only be open to buyers or nonprofits and government agencies, while others will allow bidding from investors. The inspection process.
HomeLight
SEPTEMBER 1, 2020
The home is now bank-owned (sometimes also called REO, or “real estate owned”). Usually when shopping for a home, you contact a real estate agent, they help you identify properties you might be interested in, you visit those properties, and then when you find one you like, you make an offer.
HomeLight
AUGUST 31, 2021
Bank-Owned or REO: If a home doesn’t sell at auction, it becomes a real-estate owned home , meaning the bank or lender officially owns it. This is different than a short sale because a pre-foreclosure seller usually still has equity in the house (meaning the home value is more than their mortgage balance).
HomeLight
SEPTEMBER 30, 2021
REO owned: If the home doesn’t sell at auction, it becomes real-estate owned, meaning the bank or lender owns it. However, investors and agents often see these preforeclosures as an opportunity. Finally, a third way to buy a foreclosure is through a real-estate owned, or REO, listing.
HomeLight
MARCH 10, 2023
If you are considering flipping houses in NY, HomeLight always encourages you to reach out to an advisor regarding your own situation. Investors used to get some of their properties from the county auction, but that inventory became limited due to the moratorium on foreclosures during the height of the COVID pandemic.
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