HomeLight

SEPTEMBER 30, 2020

While investors are known to attend and bid at foreclosure auctions, you can do it, too. The online-style auction can also help save you from spending money blindly. “An An online option like a real estate owned (REO) property, you’re not spending any money into it,” says Durham. Absolute bid. Minimum bid.

Due diligence 98

Due diligence Hard money loan Finance Banks 98

HomeLight

AUGUST 31, 2021

Bank-Owned or REO: If a home doesn’t sell at auction, it becomes a real-estate owned home , meaning the bank or lender officially owns it. The bank will then list the property on the market and try to sell the home in a similar fashion to your average property. Bank-owned/REO sale.

Pre-approval 111

Pre-approval Short sale Banks Finance 111

HomeLight

MARCH 10, 2023

If you are considering flipping houses in NY, HomeLight always encourages you to reach out to an advisor regarding your own situation. Flipping takes a lot of money, know-how, manpower, and planning to be successful. Wise says most of the investors in his area are looking for a 15%-20% profit.

House Flipping 105

House Flipping Renovation Investor Finance 105