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FHFA assisted nearly 44,000 troubled homeowners in Q4 2023

Housing Wire

Of these actions, 2.682 million have been permanent loan modifications and 3.519 million actions have been other forms of assistance that allowed troubled borrowers to stay in their homes. 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 457
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In the Military and Selling a House: Programs and Resources for Service Members

HomeLight

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. 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 72
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What’s behind the sharp decline in mortgage delinquencies?

Housing Wire

Perhaps even more important, these data also showed the largest quarterly declines in the history of the survey for both FHA and VA loans. More than 7% of borrowers exiting forbearance have paid off their loans, either through a refinance or a home sale. Source: MBA’s National Delinquency Survey.

Mortgages 477
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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

How Buyer Agents Get Paid Buyer agents are typically compensated through a commission fee, a percentage of the property's final sale price. They analyze property values, market conditions, and comparable sales to help you submit a fair and competitive offer. Guidance on understanding the foreclosure or short sale process.

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Short Sale Mortgage Loans: What Borrowers Need To Know

HomeLight

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 ?

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13 Short Sale Tips So You Get a Dream Deal, Not a Nightmare Scenario

HomeLight

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

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On the House: Comparing Different Money-Saving Mortgages That Come With Some Big Catches

Realtor.com

Those still scarred from the Great Recession will remember watching in horror as millions of homeowners lost their properties to foreclosures and short sales after their mortgage payments suddenly spiked. Consider a VA loan. Department of Veterans Affairs loan , this may be the cheapest mortgage you can find.