HomeLight

OCTOBER 11, 2021

You see a house you love, but the listing shows that it is an “active pending short sale.”. And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale? Short sales defined . Wait, what?

Short sale 73

Short sale Sales Banks Backup offer 73

Keeping Current Matters

JULY 28, 2021

With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. 2018: 279,040. 2019: 277,520.

Short sale 264

Short sale Equity Principal Mortgages 264

Housing Wire

AUGUST 31, 2020

Most mortgage lenders are looking for ways to automate their mortgage servicing operations in order to cut costs, maintain profitability and effectively manage their compliance and reporting to various agencies (e.g., The system also offers loss mitigation, modifications, short sales and repayment tracking functionality.

Mortgages 237

Mortgages Investor Short sale Loans 237

Housing Wire

FEBRUARY 21, 2023

“Before that, you have to go back to October 2010 to find total sales this low.” Despite this industry analysts remain optimistic. While home sales have now fallen for 12 months in a row, the January decline is much smaller than previous drops,” Sturtevant said. months of supply at the current sales pace.

Sales 364

Sales MLS Short sale Marketing 364

Housing Wire

APRIL 5, 2021

Pre-foreclosure sales are a promising alternative to foreclosures – here’s why. The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace. Presented by: Auction.com.

Short sale 544

Short sale Loans Mortgages Sales 544

Keeping Current Matters

SEPTEMBER 8, 2021

Investopedia defines it like this: “ Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property. Short sale. In today’s real estate market, many homeowners have far more equity in their homes than they realize.

Equity 220

Equity Short sale Loans Sales 220

Keeping Current Matters

JANUARY 13, 2021

At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Over the last 30 days, several industry experts have weighed in on this subject. Though 29.4% Bottom Line.

Equity 244

Equity Short sale Principal Loans 244

Housing Wire

JULY 1, 2021

Servicers should also be sharing the mathematics of mortgage forbearance. Hubzu for Signature Seller Assisted Sale (SSAS), standard short sale, foreclosure and ultimately REO management and sales) that can perform well, no matter the volume. All those missed payments and interest need to be paid back.

Short sale 226

Short sale FHA loan Equity Sales 226

Housing Wire

OCTOBER 1, 2021

According to the new data, high-equity borrowers are around 40% less likely to lose their homes to involuntary liquidation, such as short sale, foreclosure sale, or deed-in-lieu. However, 30% of these mortgage holders lost their homes, meaning they are not selling their property when needed. mortgage holders.

Equity 274

Equity Short sale Loans Mortgages 274

RIS Media

APRIL 21, 2022

The total number of loans currently in forbearance decreased by 13 basis points in the past month from 1.18% of servicers’ portfolio volume to 1.05%, according to the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey. The survey covers the full month of March and represents 73% of the first-mortgage servicing market (36.4

Loans 110

Loans Mortgages Staging Short sale 110

Housing Wire

DECEMBER 27, 2021

Another factor is that leading market-share brokerage ?rms rms now get as much, or more, of their earnings from mortgage, title insurance and other core settlement services,” Steve Murray, senior advisor to RealTrends, said. “As Here are some trends we’re seeing in the real estate brokerage industry.

Brokerage 374

Brokerage Finance Short sale Agents 374

Realty Biz

NOVEMBER 14, 2023

The housing market is a dynamic and ever-changing landscape. Corrections in the housing market rank among the key factors that significantly impact this industry. Understanding housing market corrections is essential for investors, policymakers, and homeowners alike.

Due diligence 91

Due diligence Marketing Investor Finance 91

Housing Wire

APRIL 12, 2021

In today’s market, efficiency is everything and this new integration makes it much easier for lenders using the LendingWise platform to get new deals into their pipeline faster,” said Greg Holmes, Credit Plus CEO and president. The move establishes Credit Plus in the commercial and private money lending spaces. “In Presented by: CoreLogic.

Commercial 228

Commercial Lending Loan Officer Loans 228

RIS Media

MARCH 25, 2021

With the real estate market experiencing surging prices, scant inventories and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down—in other words, are we headed for another housing market crash? The unforeseen housing market crash 15 years ago ignited a worldwide recession.

Marketing 131

Marketing Equity Lending Short sale 131

Marco Santarelli

JULY 23, 2022

In the summer of 2022, there is a lot of speculation in the media that the slowing housing market is an indication that the market is headed for a housing crash. People who recall the subprime mortgage crisis are concerned that the recent spike in home prices followed by a pause signals the bursting of another housing bubble.

Mortgages 52

Mortgages Marketing Lending Equity 52

Realty Biz

FEBRUARY 12, 2023

We talked to licensed real estate broker Christina Prostano , founder and principal agent of CP Global, who has been working the Manhattan and Brooklyn real estate markets in New York City since 2005. Prior to this, “you needed access to special lists, or maybe know someone in the industry,” Christina says.

Short sale 115

Short sale Banks Staging Principal 115

Keeping Current Matters

MARCH 10, 2021

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Home sales and prices were both up substantially over the year before. Home sales and prices were both up substantially over the year before. Today, it’s tough to qualify.

Equity 263

Equity New Construction Construction Short sale 263

Keeping Current Matters

JUNE 10, 2021

The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small businesses. We told banks they needed more reserves and that they could no longer underwrite toxic mortgages. It created a panic that drove some large companies out of business (ex.

Bankruptcy 241

Bankruptcy Banks Short sale Industrial 241

Realty Biz

FEBRUARY 5, 2024

The real estate market is a complex and dynamic arena where various factors interplay to determine home values. Understanding these factors is crucial for homeowners, investors, and industry professionals to make informed decisions. A myriad of components influences market trends in real estate. It's unbelievable!

Investor 128

Investor Technology Mortgages Agents 128

Rent, Buy & Sell

JANUARY 20, 2023

Foreclosures and short sales may be enticing due to low offer prices, but they carry some risks and potentially higher costs. Shop around for the best mortgage rates. Paying your mortgage and riding out the downturn is just as important as finding a low-priced home. was 6.25%.

Title search 59

Title search Short sale Title Fixed-rate mortgage 59

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. ML: Gamification allows you to be a market leader in the community you’re trying to serve. ML: More technology.

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Short sale Investor Technology Principal 93

HomeLight

APRIL 29, 2021

From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. It can affect: How you prepare your home for sale.

Marketing 109

Marketing Sales Agents Construction 109

Easy Agent Pro

OCTOBER 29, 2020

Depending on where your real estate market falls on the list is either brilliant marketing fodder or something to ignore. If you’ve been in the real estate industry for some time, you no doubt recall the Great Recession, when the housing market went sideways. livability.” His suggestion? Or, you could just DIY it.

Short sale 84

Short sale Land Commercial Equity 84

HomeLight

AUGUST 31, 2021

A foreclosed home is a property that has been seized by the bank after the homeowner failed to make their mortgage payments. Usually, a home goes into pre-foreclosure after several consecutive months of missed mortgage payments, and the lender issues a notice of default. Short sale. Source: (Adam Wilson / Unsplash).

Pre-approval 98

Pre-approval Short sale Banks Finance 98

HomeLight

AUGUST 16, 2021

Christina’s course: Working with Foreclosures and Short Sales. HUD Homes for Sale. Since this segment of the market is moving really quickly right now, Christina is here to share the systems and scripts that she’s used to help sell more than 2000 distressed properties in her 20-year career. Auction.com.

Marketing 75

Marketing Short sale Bankruptcy Banks 75

RIS Media

OCTOBER 5, 2021

released its latest Mortgage Monitor Report , exploring the relationship between equity positions and downstream foreclosure start rates and, ultimately, distressed liquidations. ” The report also finds that the white-hot housing market, which has driven homeowner equity to record-breaking heights, is starting to show signs of cooling.

Equity 98

Equity Fixed-rate mortgage Short sale Mortgages 98

Housing Wire

APRIL 8, 2022

In time, markets always find balance and balance is a good thing. One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. No, it can’t.

Marketing 393

Marketing Lending Short sale Equity 393

Realty Biz

NOVEMBER 18, 2021

A BPO is also similar to a comparative market analysis (CMA) that real estate agents use to suggest a listing price to a seller. It boils down to a BPO being another tool that can be used to determine the current fair market value of a property. A homeowner going the route of ‘For Sale By Owner.’ The Foundation of a BPO.

Short sale 111

Short sale Inspection Loans Banks 111

Windemere Buying

AUGUST 16, 2023

How long have you been an agent in the local market? Do you have recommendations for mortgage brokers, home inspectors, etc.? For example, some agents have more experience with short sales, while others might be experts on certain neighborhoods or types of housing. How many clients are you working with currently?

Agents 76

Agents Short sale MLS As-is 76

Housing Wire

SEPTEMBER 28, 2023

Even though mortgage origination volumes are down, we’re experiencing a highly competitive purchase market. A moment of reckoning may be imminent for the default and REO industry. Many in the industry are already rising to meet it. Within the industry, many providers struggled with the sheer volume of transactions.

Industrial 414

Industrial Mortgages Technology Loans 414

HomeLight

JUNE 30, 2021

Although several experts predicted that the next housing recession would take place in 2020 , with the benefit of hindsight, we know that 2020 was a hot seller’s market across the United States. Today, with the help of housing market experts, including top New Bedford, Massachusetts-based real estate agent Byron Ford, Jr.

Equity 64

Equity Loans Lending Industrial 64

RIS Media

SEPTEMBER 8, 2020

percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency , including the share that transition from current to 30 days past due. This represents a 3.1-percentage

Staging 104

Staging Short sale Loans Mortgages 104

The Close

AUGUST 18, 2022

Dear [First name], Timing the real estate market to sell your home quickly and for the best price can sometimes be more art than science. The market doesn’t care when we want to sell or for how much, so many homes like yours end up unsold. This is why the system I use to sell homes doesn’t rely on timing the market. your name].

Purchase and sale agreement 98

Purchase and sale agreement Title Closing Short sale 98

HomeLight

SEPTEMBER 1, 2022

Before the pandemic created a hot market, about 8% of appraisals came in lower than the offer on the home. The so-called appraisal gap began rising in frequency around July 2020, and by June 2021, there was a gap between sales price and appraised value in one-fifth of all home sales requiring financing. What is a low appraisal?

Purchase and sale agreement 80

Purchase and sale agreement Earnest money deposit Short sale Loans 80

HomeLight

DECEMBER 2, 2021

If you’re “upside-down” in your mortgage (owing more than the property is worth), you have a few options. One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale?

Short sale 82

Short sale Sales Loans Banks 82

The Close

DECEMBER 19, 2022

Maybe the market is sluggish or sales are plateauing. You might want to consider a lead generation provider like Market Leader. We rated Market Leader as our top choice for lead generation for several reasons, but perhaps the most important is that you are guaranteed a certain number of leads every month. Related Article.

Agents 105

Agents Investor Property Management Development 105

Realty Biz

FEBRUARY 5, 2022

The BROWARD-MIAMI Board of Governors is dedicated to leadership in the industry, the real estate profession, and the communities it serves. He left the real estate field in 1995 to focus on completing his law enforcement career and after retiring he returned in 2007 as a Sales Associate and later Broker Associate. Danielle Y.

Principal 79

Principal Short sale Residential Brokerage 79