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What is a Short Sale in Real Estate? A Guide for Buyers and Sellers

Redfin

A common real estate term you’ve probably seen, whether you’re buying or selling a home , is a “short sale.” A short sale home can be a good way to stretch your budget if you’re a buyer or let go of a home you can no longer afford if you’re a seller. For sellers , a short sale has to be approved in advance by the lender.

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These Are the Cities With the Biggest Share of Homeowners in Danger of Foreclosure

Realtor.com

Any homeowner who isn’t able to sell their home or modify their loan is likely to face foreclosure or other financially challenging options, such as a short sale, the researchers warned. The city also has a large share of FHA loans overall, with those loans representing over a fifth of all mortgages in the city.

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These Are the Cities With the Biggest Share of Homeowners in Danger of Foreclosure

Realtor.com

Any homeowner who isn’t able to sell their home or modify their loan is likely to face foreclosure or other financially challenging options, such as a short sale, the researchers warned. The city also has a large share of FHA loans overall, with those loans representing over a fifth of all mortgages in the city.

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Miami-Dade Total Home Sales Continue Surging in January 2021

Realty Biz

Monaco (16 square meters), Hong Kong (22), New York (31), Los Angeles (36) and others offer significantly less prime land for $1 million. Miami Distressed Sales Stay Low, Reflecting Healthy Market Only 1.8% In 2009, distressed sales comprised 70% of Miami sales. Short sales and REOs accounted for 0.7%

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Selling a House ‘As Is’ in Wisconsin

HomeLight

Under the “Land Use” section of Wisconsin’s updated Real Estate Condition Report is the broad-reaching question: “Are you aware of flooding, standing water, drainage problems, or other water problems on or affecting the property?”. Recent improvements that could increase the property value. Pending special assessments.

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Selling a House ‘As Is’ in North Carolina

HomeLight

Some of the additional required disclosures in North Carolina include: Any known violation of local zoning ordinances, restrictive covenants, or other land-use restrictions or building codes. Additional information. Prioritize a cash offer if you receive one.