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How and When to Buy Foreclosure Property

Realty Biz

This article might be premature because across most of the country home sales continue happening rapidly. However, ATTOM (real estate data) released comprehensive foreclosure data for the first quarter of 2022 showing a total of 78,271 U.S. The REO sales process is much the same as any traditional sales process.

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Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

Philadelphia has been one of the hottest real estate markets in the country in 2020 and its market temperature remains sizzling hot. It means that the demand from buyers is exceeding the current supply of homes for sale. Townhome unit sales volume (2,095) rose 22%. Philadelphia Home Sales. Source: Brightmls.com.

Marketing 126
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. Comparable sales (comps). ” A. Balloon mortgage. Related Article.