Housing Wire
MARCH 26, 2024
Of these actions, 2.682 million have been permanent loan modifications and 3.519 million actions have been other forms of assistance that allowed troubled borrowers to stay in their homes. The number of completed short-sale and deeds-in-lieu transactions in Q4 2023 totaled 134, a decrease of 12% compared to the previous quarter.
HomeLight
SEPTEMBER 1, 2020
If the homeowner fails to catch up on their payments by the auction date, the home is auctioned for sale. The home is now bank-owned (sometimes also called REO, or “real estate owned”). The process of buying a bank-owned foreclosure. Source: faiq daffa / Unsplash).
Easy Agent Pro
DECEMBER 29, 2020
In February, pre-CARES Act, 10,438 FHA loans were in foreclosure. It seemed as if every real estate agent on the planet, overnight, became a “foreclosure specialist” or a “short sale expert.”. Trustee’s Sale: The home will be put up for sale at auction. Again, the process is location-dependent.
Expert insights. Personalized for you.
432 
Let's personalize your content