Point2Homes

JUNE 23, 2021

Distressed properties can be a very attractive option for both homebuyers and investors. Real estate-owned (REO) properties, also known as bank-owned, are properties that have not sold at a foreclosure auction , and as a result, they are owned by the foreclosing bank. This is where REOs come into play.

Pre-approval 71

Pre-approval Banks Title search Inspection 71

HomeLight

AUGUST 31, 2021

The exact steps vary from state to state, but let’s take a general look : Pre-foreclosure: As the name implies, a pre-foreclosure isn’t in foreclosure yet, but it’s on the way there. Usually, a home goes into pre-foreclosure after several consecutive months of missed mortgage payments, and the lender issues a notice of default.

Pre-approval 95

Pre-approval Short sale Banks Finance 95

HomeLight

JUNE 28, 2021

HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction).

Pre-approval 92

Pre-approval Pre-qualification FHA loan Inspection 92

HomeLight

MARCH 30, 2022

Selling a house is rarely easy — but it certainly helps if you’re physically nearby to coordinate repairs, approve paint colors, or pop by during your lunch break to check on things. A skilled real estate agent can guide you through how to sell a house from out of state, providing an elevated level of service. Foreclosure.

Pre-approval 100

Pre-approval Agents Closing MLS 100

Rent, Buy & Sell

JANUARY 20, 2023

A foreclosure—the actual act of a lender seizing a property—is typically the final step after a lengthy pre-foreclosure process. Such properties can be attractive to real estate investors, because in some cases, banks sell them at a discount to their market value, which, in turn, negatively affects the lender.

Pre-approval 59

Pre-approval Banks Loans Mortgages 59

The Close

DECEMBER 29, 2022

And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. Pre-approval. Related Article. What Is a Pocket Listing? (& Are They Legal?).

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97

Marco Santarelli

APRIL 29, 2021

So they should take advantage of scooping up their favorite deals which otherwise are taken away by seasoned investors in the bidding wars. San Jose Real Estate Foreclosure Trends. Pre Foreclosures. Bank Owned. San Jose Real Estate Investment Overview. Is San Jose a Good Place Real Estate Investment?

Marketing 126

Marketing Investor Residential Sales 126