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How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

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. Let’s take a look at the most common foreclosure sales and how they work. Short sale.

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Find a Buyer's Agent What is house flipping? Wise agrees.

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Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

Housing data by Bright MLS, Inc. If you are looking at buying real estate in Philadelphia in 2021, you must read until the end. Philadelphia is a hot seller's real estate market by all housing indicators. The following housing report of the Philadelphia Metro Area is based on February 2021 Bright MLS housing data.

Marketing 126
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

These real estate definitions will help you ensure you’re communicating with clients effectively. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. Multiple listing service (MLS). Fair Credit Reporting Act. Foreclosure.