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Real estate tech roundup: Hubzu and Brookfield Residential

Housing Wire

Online real estate marketing platform Hubzu has launched a new mobile app, available for residential real estate buyers. Hubzu is an end-to-end asset management platform for residential foreclosure, short sale, REO, deed in lieu, CWCOT and retail property auctions. million bids and the sale of more than 225,000 homes.

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Probate Properties are Great Opportunities for Real Estate Investors

Realty Biz

Every investor is aware of, and many specialize in one of these sources of investment properties: foreclosures, REO, short sales, divorces, fire damage, damaged foundations, hoarders, and other distressed properties. In today’s market, these can be difficult to find and too many investors are pursuing the same properties.

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Chicago Realtor: Marki Lemons Queen of Foreclosures

Realty Biz

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. RealtyBizNews.com: So is your experience more on the investor side or the retail side of the business?

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Have we found the bottom in existing home sales?

Housing Wire

From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl!

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How and When to Buy Foreclosure Property

Realty Biz

Investors are looking at the current economic situation and anticipating that an even bigger spike in foreclosures is on the horizon. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession.

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Navigating Real Estate Investments in a Correcting Housing Market

Realty Biz

Understanding housing market corrections is essential for investors, policymakers, and homeowners alike. How to invest through housing market corrections Housing market corrections can be challenging for investors. With cash in hand, investors can negotiate better deals. These properties are often sold at a discount.

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What is a BPO and When to Use Them?

Realty Biz

One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale. Bank-owned property sale of a foreclosed property. BPOs are also commonly used by owners, buyers, and investors in these situations: Valuation for a short sale or foreclosure purchase.