The Basics of Short Sales for Buyers and Sellers

Homes.com

Short sales can save homebuyers money, but are often complex processes requiring patience and expert guidance. The post The Basics of Short Sales for Buyers and Sellers appeared first on Homes.com. Buying Kitchen Sink lew lew sichelman short sales

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.

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Understanding the Short Sale Process

CT Homes

A defining term that emerged shortly after the collapse was the “short sale”. In the years following, short sales were the driving force behind a majority of all total real estate transactions. But what is the short sale process and how does it work? .

How to buy a short sale home

The Mortgage Report

Buying a short sale home can get you a great deal. But the short sale process can be challenging. Here's what to expect when buying a short sale. Real Estate

There’s No Shortage on Short Sales

RIS Media

The post There’s No Shortage on Short Sales appeared first on RISMedia. Tip of the Day

Short Sale Closing Costs: What Buyers Should Know

HomeLight

If a homeowner falls behind on their mortgage payments, a short sale is one potential way of correcting course. Short sales operate according to the lender’s approval, requirements, and timeline. Short sales 101. The benefits to a short sale (for buyers).

Buying a Short Sale: 4 Tips to Make Yours the Winning Offer

Realtor.com

Buying a short sale can score you a sweet deal on a home. Though they might appear simple, short sale transactions are different from traditional home sales. There are a number of pitfalls and extra costs that can arise with a short sale.

How Long Does a Short Sale Take? What to Expect When You’re Buying Short

HomeLight

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale?

Should You Buy a Short Sale House? Answer These 10 Questions to Find Out

HomeLight

You just heard about short sales, and they sound intriguing. But it would be a mistake to think you’re automatically getting a deal with a short sale. Short sales fall into the category of “distressed” sales. First: What’s a short sale?

What’s The Difference Between Short Sale, Pre-Foreclosure, and Foreclosure?

Realtor.com

What is the difference between a short sale, pre-foreclosure, and foreclosure? If you’re considering purchasing one of these kinds of properties, it’s very important to understand what these terms mean and how the home’s status could affect its sale. Short sale.

What Is A Short Sale and Is It A Good Idea As A Buyer?

HomeLight

You don’t see as many short sales in 2020 as in 2010; despite their name, they’re neither short nor simple endeavors. How do short sales work? Short sales do however present some advantages for lenders. Find an agent with short sale experience.

SHORT SALES: Dispelling Common Misconceptions

Dwell Real Estate

In Sarasota’s real estate market today short sales are nearly unavoidable. I talk with buyers every day and many of them have questions about how short sales work, how they are different than regular sales, etc. Speaking of regular sales that are killer deals.

Definitions for Deal-Seeking Buyers: Short Sales, Foreclosures, and REO Homes

HomeLight

You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? Distressed or short sales.

There’s No Shortage on Short Sales

RIS Media

The post There’s No Shortage on Short Sales appeared first on RISMedia. Tip of the Day

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.

Short Sale Stalemate: Does the Previous Owner Have Rights to Property Left Behind?

Realtor.com

After a short sale closing, do the sellers have a right to reclaim property they left behind? The post Short Sale Stalemate: Does the Previous Owner Have Rights to Property Left Behind? Buy buying a home property short saleLet us explain your rights as a buyer—and theirs as sellers. appeared first on Real Estate News & Insights | realtor.com®.

Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? How a short sale works.

How Long Does a Short Sale Stay On Your Credit Report? Myth vs. Reality

HomeLight

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Once you gain the lender’s approval, you can list your home for sale.

Active Pending Short Sales: What Are They, And Can You Still Make an Offer?

HomeLight

You see a house you love, but the listing shows that it is an “active pending short sale.”. And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale?

Why a Wave of Foreclosures Is Not on the Way

Keeping Current Matters

million households lost their homes to a foreclosure, short sale, or because they simply gave it back to the bank. When foreclosures hit the market back in 2008, there was an oversupply of houses for sale.

4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

Keeping Current Matters

million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. When foreclosures hit the market in 2008, there was an excess supply of homes for sale. In 2008, there was a 9-month supply of listings for sale.

Understand Your Options To Avoid Foreclosure

Keeping Current Matters

Short sale. We’ll be able to give you an estimate of what your house could sell for based on recent sales of similar homes in your area. Distressed Properties For Sellers Foreclosures Housing Market Updates Pricing Short Sales Content Hub

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

Keeping Current Matters

Michael Sklarz, President at Collateral Analytics : “We may very well see a meaningful increase in the number of homes listed for sale as these borrowers choose to sell at what is arguably an intermediate top in the market and downsize to more affordable homes rather than face foreclosure.”.

Tips for Selling Your Airbnb Property For Top Dollar

HomeLight

With attractive opportunities to make money owning an Airbnb or similar property, current owners looking to get out of the short-term rental game may be interested in selling their Airbnb. Here’s our guide for navigating a successful sale of your short-term rental property.

Selling a House ‘As Is’ in Wisconsin

HomeLight

Either there are a couple of issues with the house that they want to disclose but not necessarily repair or they’re selling a house as part of an estate sale and don’t know a lot about it.”. Median sales price in Wisconsin. Want to know more about the Simple Sale experience?

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Buying Foreclosed Homes for Dummies in 11 Steps Even You (Yes, You!) Can Do

HomeLight

But although you might pay less than you would on the open market, closing a sale on a foreclosure can take a long time, and properties may be sold “as-is ,” without a seller’s disclosure. I mean, it takes probably, at the minimum, three to four months to get a short sale through.”.

Selling a House ‘As Is’ in Maryland

HomeLight

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Maryland. As is” is a type of home sale where it’s understood that no improvements will be made to the property.

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Selling a House ‘As Is’ in Indiana

HomeLight

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure.

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Selling a House ‘As Is’ in Massachusetts

HomeLight

Josh Muncey , a real estate agent with over $500 million in career sales and 16 years of experience selling in greater Boston, Massachusetts, says, “it’s hard to find a market in the Boston area that’s not feeling red hot lately.”. Median sales price in Massachusetts.

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Selling a House ‘As Is’ in North Carolina

HomeLight

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. “As is” is a type of home sale where it’s understood that no improvements will be made to the property.

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Trying to Sell Your House in 7 Days?

HomeLight

A week is a short amount of time to accomplish any major project, let alone a task as complicated as selling a house. However, you aren’t the first seller to need a housing market express lane , and you do have options to improve your shot at a quick sale. Time’s ticking.

13 of the Top House Buying Companies in 2022

HomeLight

Reduce the stress of selling by requesting a cash offer from HomeLight’s Simple Sale platform today. Certain investors on HomeLight’s Simple Sale platform. Simple Sale (a HomeLight platform). Reviews: Simple Sale is a HomeLight platform, and HomeLight has 4.6

Find Real Estate Cash Buyers for a Speedy Sale

HomeLight

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process.

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iBuyer Real Estate Guide for 2022: What Is an iBuyer?

HomeLight

We also include information about HomeLight’s Simple Sale platform, an online home-selling program that provides competitive all-cash offers for homes across the country. Consider starting with HomeLight’s Simple Sale platform, available nationwide. Aspect of the Sale.

Selling Your Rental Property? Be Aware of These 15 Tenant Rights

HomeLight

However, if your property is occupied, you need to be aware of a tenant’s rights when a house is for sale as they pertain to your area, as well as the specific terms of your lease agreement. How does the eviction moratorium affect a possible sale?