Housing Wire

DECEMBER 21, 2022

Without significant credit stress in the system, we can’t ever assume we will see inventory scale spikes where sellers will not be able to buy homes because of a foreclosure or short sale. We can believe in a forced equity seller premise, where someone loses their job and needs to sell their home to gain access to money.

Sales 525

Sales Mortgages Principal Short sale 525

Realty Biz

JULY 19, 2022

Investors are looking at the current economic situation and anticipating that an even bigger spike in foreclosures is on the horizon. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession.

Purchase and sale agreement 101

Purchase and sale agreement Short sale Loans Inspection 101

Real Trends

OCTOBER 21, 2022

Are we on the all-new crazy train, destined to crash off the cliff in a pile of short sales and foreclosures? Are distressed sales headed to your market? The headlines say that the influx of active listings will drive prices down, reduce the velocity of sales and, consequently, wreck the market. Is the bubble bursting?

New Construction 105

New Construction Equity Short sale Construction 105

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 95

Pre-approval Short sale Banks Finance 95

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

Short sale 81

Short sale Sales Pre-approval Equity 81

RIS Media

MARCH 23, 2022

By investor type, the share of Ginnie Mae loans in forbearance decreased relative to the prior month: from 1.60% to 1.50%. resulted in repayment plans, short sales, deed-in-lieus or other reasons. Key findings: Total loans in forbearance decreased by 12 basis points in February 2022 relative to January 2022: from 1.30% to 1.18%.

Loans 98

Loans Mortgages Staging Short sale 98

HomeLight

JUNE 8, 2021

Myles Daniel , a real estate investor in Greenville, SC, spoke with HomeLight about the types of challenges or situations that can require a fast sale. Whatever the case, you can either pursue an off-market sale with a cash buyer, or, depending on your level of flexibility, sell on the open market with a few shortcuts worked in.

Short sale 109

Short sale Agents Sales Days on market 109

HomeLight

AUGUST 16, 2021

“One of the best lessons I have learned over the years from other investors is that you don’t find deals, you make them,” explains Mark Motes, a real estate investor at Mark Buys Houses , who buys fixer-upper properties in the Birmingham, Alabama, market with a team of local experts. There is never a perfect investment situation.

Banks 104

Banks Pre-qualification Investor Short sale 104

Redfin

DECEMBER 7, 2020

Investors and first-time homebuyers will quickly buy up an impending wave of foreclosures from homeowners saddled with debt during the pandemic . First-time homebuyers and investors will likely quickly buy up any foreclosed homes, leaving the larger housing market unimpacted. More than 3.3. million of U.S. New listings are up 6.9%

Marketing 78

Marketing Equity Investor Loans 78

HomeLight

JULY 31, 2021

Profitable flips drive investor activity. Timeline of a cash sale in Pittsburgh. The Pittsburgh real estate market draws investors with its budget-friendly home prices, profitable gross flipping ROI, and 90-plus neighborhoods to find a great investment. Profitable flips drive investor activity.

Investor 108

Investor Inspection Sales Closing 108

HomeLight

DECEMBER 31, 2020

But selling too soon can be just as risky, causing you to forfeit sizable equity in a fast-appreciating property. Take it from two investors who have experienced both sides of the coin: Source: (Viktor Forgacs / Unsplash). Bad renters turn investment sour. A missed $185k opportunity. List vs. lease: How to navigate the dilemma.

Equity 74

Equity Investor Closing costs Property Management 74

HomeLight

AUGUST 16, 2021

Christina’s course: Working with Foreclosures and Short Sales. HUD Homes for Sale. You can buy properties for yourself, you can help your investors create wealth, or you can just help a regular owner occupant that’s looking for a really great deal find a property that they can make their own. Auction.com.

Marketing 75

Marketing Short sale Bankruptcy Banks 75

Realtor.com

DECEMBER 14, 2022

Those still scarred from the Great Recession will remember watching in horror as millions of homeowners lost their properties to foreclosures and short sales after their mortgage payments suddenly spiked. But if rates stay elevated, or worse, rise, buyers could be saddled with higher payments that may be tough to afford.

Fixed-rate mortgage 102

Fixed-rate mortgage Mortgages Loans VA loan 102

Realtor.com

DECEMBER 14, 2022

Those still scarred from the Great Recession will remember watching in horror as millions of homeowners lost their properties to foreclosures and short sales after their mortgage payments suddenly spiked. But if rates stay elevated, or worse, rise, buyers could be saddled with higher payments that may be tough to afford.

Fixed-rate mortgage 99

Fixed-rate mortgage Mortgages Loans VA loan 99

HomeLight

SEPTEMBER 21, 2020

In a scenario where there is a lis pendens due to a property line dispute, and a cash investor buys the home before the dispute has been concluded, the cash investor must accept the eventual outcome of the dispute,” says Herzberg. One option would be to build a resolution of the lawsuit into the sale.

Title 90

Title Banks Investor Title search 90

Marco Santarelli

JULY 23, 2022

Due to the crash, there may also be short sales and foreclosures, offering you the opportunity to acquire a deal. Global investors also curtailed their purchases of mortgage-backed debt and other assets as the private financial system's ability and willingness to support lending declined.

Mortgages 52

Mortgages Marketing Lending Equity 52

Housing Wire

APRIL 8, 2022

The legit high-level risk homeowners are 2018/2019 and 2020 FHA homebuyers because they lack selling equity, and they would make up that smaller portion of sub -60 FICO score home loans bought in this cycle. On top of all that credit payment data which looks great, the nested equity position looks fantastic. We had a credit boom.

Marketing 393

Marketing Lending Short sale Equity 393

The Close

AUGUST 18, 2022

My solution: Showcase your home with over 60 international ads in key investor markets throughout Asia, Europe, South America, and more. THERE’S MORE: In the process of reviewing your home’s sale potential, I’ll also tell you how to get your property out to the most people possible through the internet. Your cell phone number].

Purchase and sale agreement 98

Purchase and sale agreement Title Closing Short sale 98

HomeLight

SEPTEMBER 1, 2020

You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. First, it’s worth noting that the term “bank-owned foreclosure” is a bit of a misnomer. Purchasing a bank-owned property is different than purchasing a home on the general real estate market.

Banks 75

Banks Inspection contingency Inspection FHA loan 75

HomeLight

OCTOBER 5, 2020

A home equity loan or line of credit. Even when the bank has set an appropriate price for the home, in line with its appraised value, the current real estate market in the area can have an important impact on its eventual sale price. There may also be other financial claims or liens on the house. A lien due to unpaid taxes.

Due diligence 53

Due diligence Earnest money deposit Banks Inspection 53

Housing Wire

JANUARY 10, 2022

Single-family investors stepped-up their acquisitions of homes during 2021 and multifamily rental starts will likely inch up; rent growth should moderate as additional rental homes enter the market. However, higher mortgage rates will reduce refinance originations this year, perhaps by 50% or more from last year, and alter its composition.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

Realty Biz

JULY 25, 2022

These kinds of properties include condemned houses, hoarder homes, and short sales. Investors look for these types of homes because they can purchase them for a fraction of the value. Short Sales Require Patience and Due Diligence. Not every homeowner is eligible to do a short sale.

Due diligence 101

Due diligence Short sale Sales Inspection 101

HomeLight

JANUARY 4, 2022

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. Buy-and-hold investors. Who’s paying cash for houses? Here are some of the most common sources of cash offers in 2022.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

MARCH 21, 2022

House flippers are real estate investors that purchase properties at a discount with the intention of remodeling to add value, then resell those properties quickly for a profit. House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout.

Closing costs 92

Closing costs Home sale contingency Investor Closing 92

Afford Anything

JANUARY 29, 2021

The investor community is split into two factions: FIRE vs. YOLO. We agonize over asset allocation and wonder whether we should add a REIT or international equities component to our two-fund portfolio. This means individual investors — you, me, Grandma — literally could not get in on the action. percent – 4.5

Investor 143

Investor Brokerage Short sale Equity 143

Lighter Side of Real Estate

DECEMBER 7, 2022

Only time will tell if either of those will happen to the extent some buyers are hoping for, but while they’re waiting it out, it might be the perfect time for real estate investors to get themselves a deal on a rental property. With rates rising and the market slowly shifting, investors will start to see more opportunities.

Pre-approval 82

Pre-approval Investor Short sale Equity 82

HomeLight

JULY 25, 2022

You can sell a home whenever you want, but expect financial consequences if you have little equity in it. There are a number of reasons for this, including lack of equity accumulated in the home and insufficient appreciation – an increase in property value. You can build equity and lower your tax burden.”.

Closing costs 86

Closing costs Equity Short sale Sales 86

HomeLight

NOVEMBER 30, 2022

Home improvement shows have popularized the concept of “flipping” houses, bringing this segment of the real estate industry into the living rooms of everyday Americans, even inspiring some to take on the challenge of buying a home needing TLC, updating the home with old-fashioned sweat equity, and selling for a nice profit. Rent or sell.

House Flipping 98

House Flipping Inspection Investor Renovation 98

HomeLight

SEPTEMBER 30, 2021

Something to note here: Many of these preforeclosure homes are not listed for sale. However, investors and agents often see these preforeclosures as an opportunity. The primary benefit of a foreclosure property is its condition and your ability to improve the condition of the property and build equity as a result.”.

Banks 101

Banks Inspection Equity Investor 101

HomeLight

AUGUST 24, 2022

In addition, 34% of Florida housing units are occupied by renters, so the state remains a hotspot for investor activity. Niakin says that most agents have a broad network of active investors. If you are looking to sell a deal to an investor, as long as your asking price is not ridiculous, you should not have an issue selling it.”.

Purchase and sale agreement 103

Purchase and sale agreement Title search Proof of funds Title 103

HomeLight

FEBRUARY 9, 2023

Let’s get into the details of where and how you can become an experienced real estate investor in the Golden State. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. A top real estate agent can help.

House Flipping 82

House Flipping Hard money loan Finance Investor 82

HomeLight

MAY 23, 2022

As-is sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. When a home is in truly terrible condition, then probably only a flipper or investor would buy it and have the funds and resources to fix it up,” Rynders says.

As-is 105

As-is Inspection Investor Closing costs 105

HomeLight

MARCH 29, 2023

With 300 days of sun a year, a walkable downtown, and an average sale price $22,000 higher in February of 2023 than 2022, the area is still a great market if you’re looking to sell your house fast in Denver. In this guide, we’ll review each option to help you decide which makes the most sense for your home sale. Here’s how it can work.

Sales 85

Sales Staging Investor Agents 85

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. Then I have investors I’m working with who even like houses that have been burned up inside because that creates a blank canvas for them.” increase by the end of the year.

House Flipping 94

House Flipping Inspection Renovation Finance 94

HomeLight

MARCH 10, 2023

Investors and individuals are drawn to house flipping in the state of New York because it can be creatively satisfying as well as a very lucrative venture, with flippers earning an average profit of $56,400 in the Empire State. Wise says most of the investors in his area are looking for a 15%-20% profit.

House Flipping 85

House Flipping Renovation Investor Finance 85

HomeLight

APRIL 29, 2022

Graham says he frequently calculates the after-repair value (or ARV) of an as-is sale to arrive at a list price. Investors typically offer no more than 70% of a property’s ARV for a house they plan to flip. Look for an agent who: Understands investors. So if a property needs repairs, subtract those estimated costs from that 70%.

As-is 68

As-is Purchase and sale agreement Investor Inspection 68

HomeLight

FEBRUARY 24, 2023

A cooling, less competitive Florida housing market means investors can find more opportunities to make a deal on the types of properties they need for a flip. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 91

House Flipping Renovation Investor Finance 91