Housing Wire

JULY 23, 2025

Probate, divorce leads, short sales — everything is on the table when you have a mortgage to pay. Efrain Daza: By the numbers Market: Miami Niche: Pre-construction luxury condos, plastic surgeons from Colombia 2024 sales volume + sides: $25.7 Leads are leads, right?

Closing

Marco Santarelli

JUNE 23, 2025

While existing-home sales decreased by 0.7% year-over-year, there's more to the story than just that one number. Housing Market Boom or Slump: NAR's Report Shows Slight Drop in Sales Here's what the NAR report for May had to say: Sales: Existing-home sales decreased by 0.7% compared to May of last year.

Sales

Redfin

JULY 31, 2025

Selling a house with a mortgage isn’t unusual. In fact, most homeowners still have a mortgage when they sell. What follows is a straightforward breakdown of how to sell your house with a mortgage, step by step. Step 1: Get your mortgage payoff statement Before you call a real estate agent, call your lender.

Mortgages

Calculated Risk Real Estate

MARCH 13, 2025

From CoreLogic last week: CoreLogic: Borrowers Gained Over $280B in Home Equity in 2024 Quarter-over-quarter, the total number of mortgage residential properties with negative equity increased by 9.3% million homes or 2% of all mortgaged properties. Mortgage debt is up $2.57 of GDP during the housing bust.

Closing

Redfin

AUGUST 6, 2025

In this Redfin article, find out how long it takes to buy a house based on the three most common scenarios – a cash offer, a mortgage, and a short sale. Collect paperwork for a mortgage If you’re planning on financing your home purchase with a mortgage, you’ll likely need to save for a down payment.

Pre-approval

The Mortgage Report

JULY 11, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? I think in some cities, like Phoenix, we are starting to see a little bit of foreclosure or short sale happening.

FHA 203k rehab loan

Redfin

JULY 23, 2025

In this Redfin Real Estate article, we’ll explain how to sell a house when you’re behind on mortgage payments, your options, and what to watch out for during the process. What happens when you fall behind on mortgage payments? This is known as a pre-foreclosure sale. Pay off the mortgage balance and any closing fees.

Pre-approval

Lab Coat Agents

APRIL 21, 2025

Combining AI with Human Insight From property values to sale histories, most real estate data can be overwhelming to analyze manually. Over time, comparing AVMs predictions against final sales prices can help you learn how to leverage this powerful tool best. This means the homeowner owes more on the mortgage than the home is worth.

Agents

Redfin

JUNE 23, 2025

What happens if I stop paying my mortgage? Whether you own a craftsman home in Portland, OR , or a high-rise condo in Miami, FL , understanding the consequences of missed mortgage payments is essential to protect your financial future. What happens if I stop paying my mortgage? What happens if I stop paying my mortgage?

Mortgages

Redfin

MARCH 4, 2025

Whether youre looking at homes for sale in San Antonio, TX , or in Wilmington DE , there are options for you. There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. What is foreclosure?

Pre-approval

Redfin

AUGUST 5, 2025

A USDA loan is a mortgage loan that helps low- to moderate-income families purchase a home in an eligible rural area. These homes include new construction and preexisting homes, manufactured homes, short sales, condos, townhouses and foreclosure homes. What is a USDA loan and how does it work?

Sales

Redfin

JULY 8, 2025

Key takeaways: Preforeclosure is the period after missed mortgage payments but before formal foreclosure. When a homeowner struggles to make mortgage payments, their home enters a stage called preforeclosure. Forbearance: Temporarily suspend or reduce mortgage payments for a set period. Now, let’s get started.

Purchase and sale agreement

Redfin

JULY 21, 2025

How to find fixer-upper homes You can find fixer-uppers the same way you’d find regular homes for sale online. Real estate auctions are another way to find fixer-upper homes for sale. You can also look at foreclosures and short-sale properties as they’re often sold below market value.

Renovation

Redfin

JANUARY 28, 2025

If you’re exploring mortgage options or looking to sell your home, whether its a charming home in Nashville or a spacious townhome in Houston , you might wonder: Are FHA loans assumable? The short answer is yesbut there’s more to the story. What is an FHA assumable mortgage? Are FHA loans assumable?

FHA loan

Redfin

MARCH 4, 2025

You can calculate your home equity using the following formula: current home value – current mortgage balance What is home equity? Essentially, this is the amount of home that youve paid off toward your mortgage. This should be on your most recent mortgage statement. How is home equity calculated? 300,000 / $500,000 = 0.6

Equity

AAOA

JUNE 23, 2025

A mortgage pre approval or verified approval letter may show sellers you’re a serious buyer. You might also consider looking for inventory through non-traditional avenues, such as auctions, short sales, and wholesalers. Secure your financing. In addition, you could approach homeowners directly about buying their property.

Investor

Marco Santarelli

APRIL 27, 2025

Speed of Light Closings: Forget waiting 30, 45, or even 60 days for mortgage approval, appraisal, and all the hoops. Skip the Mortgage Hassle (and Cost): No loan applications, no mountains of paperwork, no qualifying, and no monthly principal and interest payments stretching out for decades. Year-over-year, sales were down 2.4%

Finance

Calculated Risk Real Estate

JUNE 12, 2025

Mortgage Equity Withdrawal is an aggregate number and is a combination of homeowners extracting equity - hence the name "MEW" - and normal principal payments and debt cancellation (modifications, short sales, and foreclosures). In the mid ‘00s, there was a large increase in mortgage debt associated with the housing bubble.

Closing

Redfin

JUNE 30, 2025

Read this Redfin article to find out a few of the most common home sale scenarios and their recommended document retention periods. You should keep paperwork related to the sale of your house for several years after the sale — often at least seven — especially if the sale involved a large gain, home improvements, or any unusual circumstances.

Purchase and sale agreement

Housing Wire

FEBRUARY 27, 2025

In the opening month of his return to the White House , President Donald Trump has upended the status quo in the federal government by implementing a hiring freeze and conducting widespread layoffs , including many positions that impact the housing and mortgage industries. Mortgage delinquencies are still low by historic standards.

Mortgages

Afford Anything

JUNE 10, 2025

But we expect that to drop to $6,000 once both kids are in school and once we move, depending on our mortgage. Should we consider a 15-year mortgage? Or is it okay to carry a mortgage into our seventies? In 2011, I bought a 3,300-square-foot primary residence as a short sale in a highly desirable neighborhood for $645,000.

HR

Redfin

JUNE 23, 2025

Inheriting a house with a mortgage can bring both opportunity and uncertainty. The short answer is that you typically become responsible for the mortgage payments, and you’ll need to decide whether to keep the home, sell it, or explore other options. Can you inherit a house with a mortgage?

Mortgages

Housing Wire

FEBRUARY 5, 2025

Knowing about saving, budgeting, investing and mortgage financing will serve you well if you want to target renters who want to jump off the hamster wheel of paying rent, and who are ready to dip their toe into owning a property. Target first-time homebuyers by holding live webinars in cooperation with your favorite mortgage professional.

Commercial

AAOA

MAY 5, 2025

It usually starts when a property owner falls behind on mortgage payments or property taxes. Foreclosures: Foreclosures happen when a homeowner cant make mortgage payments. In these early stages, the homeowner struggles to keep up with mortgage payments but still owns the property. But what actually makes a property distressed?

Bankruptcy

Housing Wire

FEBRUARY 1, 2021

The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to recent data from the Auction.com Market Validation Program (MVP) for pre-foreclosure sales. Falling Short.

Sales

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. “The principal factor was the rapid increase in mortgage rates, which hurt housing affordability and reduced incentives for homeowners to list their homes. From NAR: Total existing-home sales waned 7.7%

Sales

Housing Wire

JULY 30, 2024

Mortgage-related consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) fell between the first and second quarters of this year, according to a review of the CFPB’s consumer complaint database conducted by HousingWire. A total of 5,652 mortgage-related complaints were submitted to the bureau between Jan.

Mortgages

Housing Wire

JULY 20, 2023

With elevated mortgage rates sidelining both home buyers and sellers, existing home sales fell in June, according to the latest report from the National Association of Realtors (NAR). Sales were also down significantly from a year prior. Total existing home sales slipped 3.3% Year-over-year, sales dropped 18.9%

Sales

Housing Wire

JULY 1, 2022

Home forfeiture actions, including completed foreclosure sales, short sales, and deed in-lieu-of- foreclosure actions also grew by 26.8% were “combination modifications,” where interest rate reductions and term extensions are applied to a loan to help bring down a borrowers mortgage payment. compared to 94.2%

Banks

Housing Wire

SEPTEMBER 9, 2020

A surge in the share of mortgages 90 days or more overdue in June is a signal the U.S. Mortgage delinquencies have soared in recent months as Americans who lost income because of the pandemic sought forbearance agreements that allow them to suspend their home-loan payments without penalties. Currently, about 3.6

Short sale

HomeLight

SEPTEMBER 30, 2020

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ?

Short sale

Housing Wire

MARCH 26, 2024

A total of 704,915 of the actions have been short sales and deed-in-lieu procedures, which result in borrowers leaving their homes without going through the foreclosure process. The number of completed short-sale and deeds-in-lieu transactions in Q4 2023 totaled 134, a decrease of 12% compared to the previous quarter.

VA loan

Housing Wire

FEBRUARY 21, 2023

Existing home sales started 2023 right where they left off at the end of 2022, dropping for the 12 th consecutive month. In January, the seasonally adjusted sales pace for existing homes dropped 0.7% On a yearly basis, existing home sales were down 36.9% On a yearly basis, existing home sales were down 36.9% in January.

Sales

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

Housing Wire

NOVEMBER 11, 2022

While elevated mortgage rates, sluggish home sales and high inflation have taken a significant toll on the housing industry, it’s unlikely that these issues will cause home prices to drop next year, at least according to National Association of Realtors (NAR) Chief Economist Lawrence Yun. A normal spread would revive the economy.

Short sale

Housing Wire

APRIL 8, 2021

billion is the amount of surplus funds generated by foreclosure sales on the Auction.com platform between 2016 and 2020. Surplus funds are proceeds from a foreclosure sale to a third-party buyer that are above and beyond the total debt owed to the foreclosing lender. 36,000 Surplus per Sale.

Equity

Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. In addition, more for-sale inventory will likely be available on the market.

Marketing