Redfin

MARCH 4, 2025

There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. Youll need to coordinate with your real estate agent in order to tour these properties. Preforeclosure can be tricky as sometimes the properties may never be for sale.

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Pre-approval FHA loan Short sale Banks 35

HomeLight

SEPTEMBER 1, 2020

According to top Florida Real Estate agent Troy Walseth , who has 27 years experience under his belt, “You really can’t buy a ‘foreclosure.’ You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Step 1: Find the right agent.

Banks 98

Banks Inspection contingency Inspection FHA loan 98

HomeLight

APRIL 21, 2022

For more expertise, top real estate agent Kris Shook , who works with 77% more single family homes than the average agent in Tacoma, Washington, shares insights. A Top-Rated Agent Can Help You Field Buyer Offers. An experienced agent can guide you on whether or not the offers you receive on your home are worth considering.

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Inspection contingency Home sale contingency Pre-approval Agents 111

HomeLight

JULY 31, 2021

“This gives us a good idea of the condition of the property, so we know where we can provide value in the sale. If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Work with a real estate agent. Good bones. Strategic price point.

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Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

FEBRUARY 26, 2021

I think that’s probably the most important piece of this,” says Kim Tupper , a real estate agent of more than a decade in southeastern Pennsylvania who sells properties more than 69% faster than the average agent in the Lincoln University area. But you can’t keep quiet about it, and neither can your agent.

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As-is Sales Inspection Investor 111

HomeLight

AUGUST 31, 2020

Consider the personal experience of top-selling Texas-based agent Mary Stewart. Although you might hope to get a bargain in an REO sale, there’s no guarantee that you’re going to get a great deal. Order your own appraisal or at least get your agent to run a comparative market analysis for you. It had snakes. It had fleas.

Banks 98

Banks Inspection Inspection contingency Title 98

HomeLight

JULY 31, 2020

In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. Short sale. It can take weeks to months for the lender to approve a short sale.

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Closing Purchase and sale agreement Title search Earnest money deposit 119

HomeLight

OCTOBER 29, 2020

And that’s before buyers even start thinking about steps like making a contingent offer. Choosing a qualified agent and searching for the perfect home in terms of ideal size, location, price, and condition can already feel like a journey, but making an offer on a property is when the challenge really begins. Home inspections.

Purchase and sale agreement 81

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 81

HomeLight

JULY 29, 2022

“One big thing that could delay closing is if, say, someone goes out two weeks before they close and they buy a car — or they buy all new furniture,” explains Pete Veres , a top-selling agent with 19 years of experience in Albuquerque, New Mexico. Talk to your agent and loan officer about these options. Real Estate Agent.

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Closing Purchase and sale agreement Title Home sale contingency 105