Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Are The Best Mortgage Options for Self Employed Borrowers? Top Mortgage Products For Self Employed Borrowers What Are The Best Mortgage Programs For Self Employed Home Buyers?

Mortgages 52

Mortgages Banks Loans Pre-approval 52

Redfin

MARCH 4, 2025

All mortgages place a lien on the property in the event that a lender needs to take ownership of the home. If the auction accepts financing, make sure you have a pre-approval ready. If possible, consult a real estate attorney to be sure you understand the realities of the auction and the transaction rules.

Pre-approval 35

Pre-approval FHA loan Short sale Banks 35

Realty Biz

JANUARY 1, 2021

Pre- Foreclosures . A property goes into pre-foreclosure when a mortgage company notifies the borrower that they are in default on their loan. To find homes in pre-foreclosure you can search sites that specialize in this or you can have an experienced local agent help you out. Bank-Owned Properties. Short Sales .

Short sale 114

Short sale Pre-approval Banks Loans 114

AAOA

MAY 22, 2025

Step 2: Get Pre-Approved or Prepare to Raise Capital Before you make offers, get your finances in order. Prepare a personal financial statement and schedule of real estate owned (if applicable). DSCR (Debt Service Coverage Ratio) (can the income cover the mortgage comfortably?) Talk to lenders.

Due diligence 65

Due diligence Purchase and sale agreement Finance Investor 65

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 105

Pre-approval Pre-qualification FHA loan Inspection 105

Point2Homes

JUNE 23, 2021

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. The best way to avoid this scenario is to get pre-approved with the lender selling that property. What Is an REO Property?

Pre-approval 71

Pre-approval Banks Title search Inspection 71

The Close

FEBRUARY 19, 2025

Their short sale mortgage is said to be underwater, if they secure a buyer, they must get bank approval to proceed with the sale. In this guide, I cover what is a short sale real estate, its unique sales process, legal considerations, where to find short sale properties, and tips to succeed. Lets begin!

Short sale 52

Short sale Sales Due diligence Purchase and sale agreement 52