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. If a homeowner chooses to sell the property to avoid actual foreclosure they are usually ready to negotiate on the sale price of the home. Short Sales .

Short sale 116

Short sale Pre-approval Banks Loans 116

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 92

Pre-approval Short sale Banks Finance 92

The Close

DECEMBER 29, 2022

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. Pre-approval. The 9 Best FSBO Scripts (+ Why They Work).

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98