HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

Investor 98

Investor Finance Inspection Sales 98

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. Now homeowners have historic levels of equity in their homes. When a borrower has more debt than the value of their house, they have negative equity. of borrowers have equity in their houses less than 10%.

Mortgages 52

Mortgages Marketing Lending Equity 52

HomeLight

MARCH 21, 2022

House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. An iBuyer , also known as an instant buyer , is a business that uses real estate market data and technology to make immediate offers on houses, sight-unseen, after being contacted by an owner.

Closing costs 93

Closing costs Home sale contingency Investor Closing 93

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. Its technology sector has expanded in recent years, becoming an important part of its economy. Find a Buyer's Agent What is house flipping? increase over 2022.

House Flipping 85

House Flipping Renovation Investor Finance 85