Realty Biz

MARCH 16, 2023

ML: I’m a subject matter expert on foreclosures, short sales, technology and social media, and then I am a full time instructor in the State of Illinois, dealing with license law, pre-licensing, that sort of thing. RealtyBizNews.com: So is your experience more on the investor side or the retail side of the business?

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Short sale Investor Technology Principal 93

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.

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Purchase and sale agreement Short sale Loans Inspection 102

Realty Biz

FEBRUARY 5, 2024

Understanding these factors is crucial for homeowners, investors, and industry professionals to make informed decisions. I remember doing hundreds of short-sale transactions. Interest Rates and Financing Costs Interest rates are a critical lever in the economy, directly influencing the cost of borrowing.

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Investor Technology Mortgages Agents 129

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.

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Pre-approval Short sale Banks Finance 97

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.

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Banks Pre-qualification Investor Short sale 104

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

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Sales Investor Renovation Due diligence 94

HomeLight

SEPTEMBER 1, 2020

Timelines can stretch longer than a typical close cycle, and financing might not be the same, either. One of the first things an experienced REO specialist should ask is how you plan on financing the purchase. A home that goes to auction is often a cash-only sale, which may be outside your reach.

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Banks Agents Sales Short sale 83

Realty Biz

AUGUST 4, 2020

Short sales can be complicated. On your credit report, a short sale is considered better than a foreclosure but it is still a big negative that can remain on your credit report for seven years. Short sales are complicated. You’re going to want a real estate agent with short sales experience.

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Equity Short sale Investor Title 59

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?

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Short sale Sales Pre-approval Equity 83

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.

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Realtor.com

DECEMBER 20, 2022

Just a few months ago, home prices hit record heights, investors were gobbling up scores of homes, and buyers were racing to purchase whatever they could before prices rose even further. Then, quite suddenly, the market seemed to seize up and prices and sales began falling. New construction and investors haven’t gone wild.

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Marketing Construction Investor New Construction 113

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.

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Investor Inspection Sales Closing 109

HomeLight

NOVEMBER 9, 2021

You just heard about short sales, and they sound intriguing. But it would be a mistake to think you’re automatically getting a deal with a short sale. Short sales fall into the category of “distressed” sales. Here’s when it’s good to buy a short sale house. First: What’s a short sale?

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Short sale Sales Purchase and sale agreement Banks 85

HomeLight

JULY 31, 2021

International investors scooping up Phoenix real estate. Timeline for a cash sale in Phoenix. The Phoenix real estate market draws investors with its consistent housing stock, strong employment base, and vacation-worthy weather. cities where foreign investors are increasing their real estate investments. in Atlanta.

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Investor Seller disclosure Sales Closing 85

HomeLight

APRIL 15, 2022

iBuyers tend to offer much closer to market value than other types of investors and flippers, but they also charge a service fee and are limited in the types of homes they will buy. HomeLight’s Simple Sale platform is another option for selling your home quickly and with fewer hassles. What does iBuyer stand for?

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Title House Flipping Title search Sales 84

HomeLight

FEBRUARY 26, 2021

And in most cases, an investor or flipper who purchases the home will want to make those bigger renovations themselves, as they have the expertise and resources to tackle them faster and less expensively. Target a network of investors and house flippers who are seeking properties to renovate. Investors want a deal.

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Investor Inspection Renovation Sales 87

HomeLight

SEPTEMBER 30, 2020

While investors are known to attend and bid at foreclosure auctions, you can do it, too. Figure out your financing. You can get financing for foreclosed and auction properties… but prepare for some potential obstacles, as well as long approval times from the bank. But how do foreclosure auctions work? “For

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Due diligence Hard money loan Finance Banks 98

Kyle Handy

JANUARY 20, 2023

A house flipper isn’t just a real estate investor when done right. As a real estate agent or investor, you probably already know which neighborhoods are best for flipping homes. Other Local Professionals Many real estate investors make the mistake of only networking with other real estate professionals.

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House Flipping Bankruptcy Investor Renovation 89

HomeLight

AUGUST 24, 2022

Simple Sale , a solution from HomeLight, is an online platform where sellers in New Jersey (and across the country) can request a cash offer for their home. Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold.

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Closing costs Purchase and sale agreement Closing Staging 76

HomeLight

FEBRUARY 28, 2022

Simple Sale , a solution from HomeLight, is an online platform where sellers in Colorado (and across the country) can request a cash offer for their home. Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold.

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Closing costs Closing Sales Staging 77

HomeLight

NOVEMBER 10, 2021

Though each business operates a little differently, iBuyers generally provide near-instant cash offers for homes, allow you to sell your home mostly or entirely online, and can facilitate much faster closings than a more traditional or financed buyer. million depending on the market. Service fee: As of Sept.

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Home sale contingency Sales Closing Short sale 94

HomeLight

AUGUST 10, 2022

Simple Sale , a solution from HomeLight, is an online platform where sellers in Atlanta (and across the country) can request a cash offer for their home. Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold.

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Closing costs Purchase and sale agreement Closing Inspection 76

HomeLight

FEBRUARY 17, 2022

If your home was severely damaged in a weather event, or you’ve fallen years behind on routine maintenance, you can still sell without needing to make the extensive repairs that financed buyers may require. Individual investor fees may vary. Reviews: Simple Sale is a HomeLight platform, and HomeLight has 4.6 Title search.

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Closing costs Closing Sales Staging 73

HomeLight

OCTOBER 5, 2020

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. You won’t be getting an auction foreclosure financed like a regular house — conventional lenders usually consider them far too risky.

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Due diligence Earnest money deposit Banks Inspection 54

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.”. Ownership cannot transfer and a closing date cannot be set until your financing has been secured. First, it’s worth noting that the term “bank-owned foreclosure” is a bit of a misnomer.

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Banks Inspection contingency Inspection FHA loan 77

HomeLight

AUGUST 25, 2020

“The sellers that we’ve been able to help with their properties, it’s usually something along the lines of, their home might need some repairs, and they don’t have the finances to be able to pay for those repairs before it hits the market,” he says. She could use the funds from the house sale to start over fresh,” he says.

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Marketing MLS Pre-approval Sales 55

HomeLight

FEBRUARY 16, 2023

Simple Sale (a HomeLight platform) Contact information: homelight.com/simple Phone: 844-488-8455 Locations: Nationwide, including Colorado Springs Simple Sale , a solution from HomeLight, is an online platform where sellers in Colorado Springs (and across the country) can request a cash offer for their home. The company has 4.6

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Purchase and sale agreement Closing costs Closing Sales 82

Housing Wire

MAY 13, 2021

As you probably know by now, the Federal Housing and Finance Agency has limited GSEs to a 7% cap on loan purchases for second home and investment properties. Real estate investors see a significant opportunity in the single-family rental space. Due to tight inventory and increased competition, investors need to close on loans quickly.

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Loans Bankruptcy Investor Short sale 235

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. Travis Lauchman, Baltimore Maryland , Rental Property Investor. A short sale is one alternative to foreclosure. Has your home been exposed to international markets? Your website].

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Purchase and sale agreement Title Closing Short sale 98

HomeLight

DECEMBER 6, 2022

Simple Sale , a solution from HomeLight, is an online platform where sellers in Denver (and across the country) can request a cash offer for their home. Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold.

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Purchase and sale agreement Closing costs Closing Sales 86

HomeLight

AUGUST 31, 2020

And you should consider getting some specialty inspections to make extra sure you aren’t buying a money pit, especially with this kind of sale. If you’re a novice, you might end up overwhelmed in an REO sale; these sales can test even seasoned investors’ patience. An REO should be free of liens or other title issues.

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Banks Inspection Inspection contingency Title 93

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.

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Investor Finance Inspection Sales 98

HomeLight

DECEMBER 29, 2023

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. Depending on their situation, whether they’re facing foreclosure, price becomes way more important to what we have to do for the short sale with the bank.

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As-is Inspection Finance Investor 92

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. The housing bubble that preceded the crisis was financed with mortgage-backed securities (MBSes) and collateralized debt obligations (CDOs), which initially provided higher interest rates (i.e.,

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Mortgages Marketing Lending Equity 52

HomeLight

MAY 19, 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. Especially if there are safety concerns, you’ll be looking for an investor to buy the home rather than a buyer willing to pay top dollar.”. Sell directly to a cash buyer.

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As-is Inspection Investor Closing costs 100

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.

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House Flipping Hard money loan Finance Investor 84

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.”

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House Flipping Inspection Renovation Finance 96