HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. 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.

Pre-approval 95

Pre-approval Short sale Banks Finance 95

HomeLight

SEPTEMBER 30, 2020

We also have a spreadsheet that does some assumptions, like a 30-year fixed loan and 5% [interest].” They have access to MLS listings and can advise you on how to approach the auction — and this includes knowing what amount to spend. If the auction does not allow for financing through a mortgage, you can consider a hard-money loan.

Due diligence 98

Due diligence Hard money loan Finance Banks 98

HomeLight

FEBRUARY 9, 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. Donate recommends a hard money loan as the top financing strategy for flippers. Find a Buyer's Agent What is house flipping? Be patient! “I

House Flipping 83

House Flipping Hard money loan Finance Investor 83

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. Work with your real estate agent to evaluate rental listings and tap into the MLS. Find a Buyer's Agent What is house flipping?

House Flipping 95

House Flipping Inspection Renovation Finance 95

HomeLight

FEBRUARY 24, 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. Work with your real estate agent to evaluate rental listings and tap into the MLS. Find a Buyer's Agent What is house flipping?

House Flipping 93

House Flipping Renovation Finance Agents 93

HomeLight

FEBRUARY 24, 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. Work with your real estate agent to evaluate rental listings and tap into the MLS. Find a Buyer's Agent What is house flipping?

House Flipping 70

House Flipping Inspection Renovation Finance 70

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. I know a lot of people who were doing fix-and-flips through borrowing and bridge loans, but now, with high interest rates and more challenging timelines, it is not as successful.

House Flipping 86

House Flipping Renovation Investor Finance 86