Housing Wire

DECEMBER 8, 2021

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. million new and existing home sales combined.

Bankruptcy 520

Bankruptcy Loans Sales Short sale 520

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

Housing Wire

SEPTEMBER 16, 2021

When it comes to housing and mortgage markets this fall, most attention is being focused on the expiration of eviction and foreclosure moratoria and the pending completion of forbearance terms for many homeowners. More than 7% of borrowers exiting forbearance have paid off their loans, either through a refinance or a home sale.

Mortgages 485

Mortgages Loans VA loan Investor 485

RIS Media

APRIL 21, 2022

The survey covers the full month of March and represents 73% of the first-mortgage servicing market (36.4 By stage, 29.7% of total loans in forbearance are in the initial forbearance plan stage, while 57.2% resulted in repayment plans, short sales, deed-in-lieu or other reasons. are in a forbearance extension.

Loans 106

Loans Mortgages Staging Short sale 106

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 101

Staging Short sale Loans Mortgages 101

HomeLight

JULY 31, 2022

Essentially, equity is the market value of your property minus the amount of money you still owe on your mortgage loan. This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit.

VA loan 66

VA loan Purchase and sale agreement Short sale Pre-approval 66

HomeLight

APRIL 30, 2021

Your listing agent comes to you with a fairly thick package of paperwork and says: “Here’s the comparative market analysis (CMA) for your house — let’s talk about what we should sell it for.” For some sellers, a cursory glance through the pages may suffice before they move on to getting their house live on the market.

Agents 69

Agents Marketing Due diligence Sales 69

HomeLight

JUNE 8, 2021

Even in today’s hot seller’s market where homes attract offers in as few as 16 days , it takes around 2-plus months to sell a house from list to close. And that doesn’t account for the weeks needed to clean, paint, and tidy up the property for its market debut. In a hot market, homes naturally sell fast.

Short sale 109

Short sale Agents Sales Days on market 109

HomeLight

OCTOBER 30, 2020

Whatever stage you’re in, it’s natural to feel paralyzed with disappointment, sadness, and a sense of panic when those overdue notices and warnings come from your mortgage company. Don’t let any stigma keep you from making wise financial decisions about the sale of your home. You’re not alone in facing foreclosure.

Short sale 104

Short sale Banks Equity Mortgages 104

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. before COVID) stage. No, it can’t.

Marketing 397

Marketing Lending Short sale Equity 397

Windemere Selling

NOVEMBER 8, 2021

They can also provide agents with access to members-only marketing tools and resources which can be an added benefit to their clients. Certified Real Estate Brokerage Manager ( CRB ): Managing a real estate business involves much more than overseeing an office with staff, marketing, and other resource needs.

Design 52

Design Commercial Short sale Land 52

HomeLight

AUGUST 25, 2020

That’s where selling a house off market can be the better option, says real estate agent Jim Griffin , a top real estate agent in Johnson City, Tennessee. Let’s look closer at what selling a house off market entails so you can decide if this is the right choice for you. What does ‘off market’ mean in real estate?

Marketing 54

Marketing MLS Pre-approval Sales 54

RIS Media

OCTOBER 5, 2021

“Borrowers with limited equity were much more likely to be referred to foreclosure during the early stages of the Great Recession than those with strong equity positions. ” 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

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

HomeLight

SEPTEMBER 1, 2020

These sales are different from normal sales. In a hot housing market, many banks send foreclosures straight to auction , hoping to start a bidding war. If you know someone who’s bought a foreclosure, short sale, or REO property, talk to them first. Rushing this stage could lead to a poor buying situation.

Banks 79

Banks Agents Sales Short sale 79

HomeLight

NOVEMBER 10, 2021

Please visit the iBuyer’s website for the most up-to-date information on each individual program’s fees, market coverage, business model, and more. Before you work with one, you’ll have to weigh the pros of convenience and speed against the the possibility of receiving less than fair-market value and paying service fees.

Home sale contingency 91

Home sale contingency Sales Closing Short sale 91

HomeLight

MARCH 30, 2022

In a rising market the way we are today and how quickly homes are going up in value, when you get into some bidding wars you don’t have to worry will the house be appraised or not because it’s not based on a mortgage,” Colofranson explains. Investors who promote homes for sale or rent are often in the market to buy new investment properties.

Sales 91

Sales Investor Renovation Due diligence 91

Realty Biz

AUGUST 23, 2023

This section provides an overview of the critical stages involved in the foreclosure process. Many buyers look to buy foreclosures as they are generally seen as properties slightly below market value. In the last real estate downturn, I was involved with many short sales where borrowers could not get loan modifications.

Mortgages 92

Mortgages Loans Sales Short sale 92

HomeLight

JANUARY 3, 2022

iBuyers generally offer much closer to market value for homes than house flippers. An agent assists in preparing a home to look its best through careful staging reminiscent of an eye-catching department store window display. One house, two different sales (iBuyer vs. agent). Selling through a real estate agent.

Agents 90

Agents Title Inspection Title search 90

HomeLight

APRIL 15, 2022

iBuyers tend to offer much closer to market value than other types of investors and flippers, but they also charge a service fee and are limited in the types of homes they will buy. iBuyer offers got sweeter for sellers in a fiery housing market. of market value, before tapering to 99.4% Available in over 20 select markets.

Title 81

Title House Flipping Title search Sales 81

HomeLight

AUGUST 24, 2022

Individual program details can also frequently change — please visit a company’s website for the most up-to-date- information on each program’s fees, market coverage, business model, and more. No repairs, no staging, no open houses. Not every seller has months to prep, market, show, and close.

Closing costs 73

Closing costs Purchase and sale agreement Closing Staging 73

HomeLight

FEBRUARY 28, 2022

No repairs, no staging, no open houses. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Colorado. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Quick sale.

Closing costs 74

Closing costs Closing Sales Staging 74

HomeLight

AUGUST 10, 2022

Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. No repairs, no staging, no open houses. In Atlanta, it typically takes around 115 days to sell a home on the market using an agent.

Purchase and sale agreement 73

Purchase and sale agreement Closing costs Closing Inspection 73

HomeLight

FEBRUARY 17, 2022

No repairs, no staging, no open houses. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Texas. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property.

Closing costs 70

Closing costs Closing Sales Staging 70

HomeLight

MARCH 18, 2022

A week is a short amount of time to accomplish any major project, let alone a task as complicated as selling a house. However, you aren’t the first seller to need a housing market express lane , and you do have options to improve your shot at a quick sale. With this route, you don’t list your home on the market.

Inspection 94

Inspection Investor Sales Agents 94

HomeLight

JUNE 30, 2022

Market your Airbnb’s home value and income history to investors. With a short-term vacation rental , proof of your rental income demonstrates the value of a property as an investment. The higher the income potential, the higher the sales price is likely to be. Market the other value add-ons of your property.

Investor 95

Investor Sales Agents Closing 95

HomeLight

SEPTEMBER 1, 2020

There are pros and cons to consider when going this route, however, such as the fact that bank-owned properties often need more TLC than other homes on the market, and many are sold as-is. You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”.

Banks 74

Banks Inspection contingency Inspection FHA loan 74

HomeLight

MAY 28, 2021

A listing agent will help home sellers with a variety of tasks, including setting the listing price, staging the home, marketing the home, advising repairs, and negotiating on their behalf. Perhaps a foreclosure or short sale? If you’re looking to sell your home, you will want to contact a listing agent.

Agents 96

Agents Brokerage Design Short sale 96

HomeLight

JANUARY 25, 2021

Even in a hot real estate market, “move-in” ready remains king among today’s homebuyers. House flippers usually purchase houses for cash as-is, saving homeowners the expense of making repairs that lenders might require, along with the stress of showing and staging the home. Find House Flippers Near You.

Purchase and sale agreement 101

Purchase and sale agreement Investor Inspection Due diligence 101

HomeLight

FEBRUARY 26, 2021

Investors increasingly play a large role in the housing market, according to NPR, citing data from CoreLogic that investors purchased 1 in 5 starter-priced homes in 2019. In fact, NAR notes that cash sales comprised 19% of December’s housing sales. When you sell ‘as is,’ you likely won’t get full market value.

As-is 92

As-is Sales Inspection Investor 92

HomeLight

FEBRUARY 16, 2023

Individual program details frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. The timeframe may vary depending on the company and market. However, the initial offer is typically subject to change after they have inspected your home.

Purchase and sale agreement 78

Purchase and sale agreement Closing costs Closing Sales 78

HomeLight

DECEMBER 6, 2022

Individual program details frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. The timeframe may vary depending on the company and market. Most offers are within 50% to 70% of Fair Market Value. You receive a firm offer.

Purchase and sale agreement 83

Purchase and sale agreement Closing costs Closing Sales 83

HomeLight

FEBRUARY 13, 2023

She not only mastered the art of staying afloat, but used the down market to increase her business to 7 figures. This week on The Walkthrough , she shares five ways to take advantage of a market reset and grow your business. Well, it is a known fact we are in a changing market. She had 2 choices – either sink or swim.

Marketing 91

Marketing Agents Staging Branding 91

The Close

JUNE 15, 2022

Choosing the school that’s right for you can help you at every stage of your real estate career. And you’ll be at the forefront of the most pertinent topics, such as fair housing, advocating for short sale clients, and serving the unique needs of the senior market. Let’s dive into our top picks.

Pre-approval 59

Pre-approval Design Closing Staging 59

HomeLight

AUGUST 31, 2020

Remember to cross check your personal desires with what’s realistic for your market. Here’s some general notes on the different loan types available: Construction loan: A short-term loan (usually about a year’s term ) which grants you 95% of the money the guest house will add to your home’s appraised value.

Debt-to-income ratio 95

Debt-to-income ratio Construction Loans Equity 95

HomeLight

JUNE 19, 2023

The process of a cash offer in Florida In a cash sale, the buyer has the funds upfront to purchase your home, eliminating the need for a mortgage and the lengthy process that accompanies it. After assessing your home’s condition and market value, the cash buyer will make an offer. Staging can be very important.

Inspection 69

Inspection Staging Short sale Agents 69

HomeLight

MARCH 21, 2022

While selling to a We Buy Houses company offers a number of conveniences, house-buying businesses typically pay less than market value for the homes they purchase, and sometimes significantly so. They are another legitimate option for selling your home in the markets where they make purchases. House flippers.

Closing costs 91

Closing costs Home sale contingency Investor Closing 91