HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. The bank will then list the property on the market and try to sell the home in a similar fashion to your average property.

Pre-approval 101

Pre-approval Short sale Banks Finance 101

HomeLight

SEPTEMBER 30, 2020

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. You’re not spending any money into it until after you’re under contract and based on your inspection.”. Absolute bid.

Due diligence 98

Due diligence Hard money loan Finance Banks 98

HomeLight

MARCH 10, 2023

Flipping takes a lot of money, know-how, manpower, and planning to be successful. That is especially true in the New York market, where house flipping margins have gotten thinner as home prices and repair costs have escalated, and buyers have been shut out of the market by higher interest rates.

House Flipping 92

House Flipping Renovation Investor Finance 92