HomeLight

DECEMBER 11, 2024

With the help of top agent and San Francisco Bay Area real estate expert Rick Fuller , well cover nine important tips for shopping for and purchasing a preforeclosed home. Find a top real estate agent near you We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

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Short sale Banks Sales Land 97

HomeLight

SEPTEMBER 6, 2022

Because, there’s a lot of uncertainty surrounding a short sale, a homeowner might reach out to the real estate agent who originally sold them their home. But that may not be the best choice because even if the whole experience was positive, you’re not going to get the same help that a short sales Realtor® can provide.

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Short sale Sales Agents Mortgages 105

Housing Wire

NOVEMBER 3, 2023

With the seamless integration of the homegenius Platform, consumers can: Connect with experienced real estate agents. titlegenius by Radian, provided by Radian Settlement Services, allows homebuyers and sellers to easily manage their title transaction and closing online and receive real-time updates from their agent for a cohesive experience.

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Closing costs Short sale Technology New Construction 435

HomeLight

SEPTEMBER 30, 2020

If a homeowner falls behind on their mortgage payments, a short sale is one potential way of correcting course. That being said, the home purchase process is a lot more complicated and drawn out with a short sale because it all hinges on the oversight and approval of a third party: the mortgage lender. Short sales 101.

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Short sale Closing costs Closing Sales 98

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

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Short sale Sales Pre-approval Equity 98

HomeLight

JULY 31, 2020

You don’t see as many short sales in 2020 as in 2010; despite their name, they’re neither short nor simple endeavors. If a homeowner is behind on their mortgage payments, owes more money than the property’s current value, and is in danger of foreclosure, a lender may agree to terms of a short sale.

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Short sale As-is Purchase and sale agreement Sales 105

HomeLight

AUGUST 16, 2021

And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. Though short sales aren’t as prevalent today as they were following the Great Recession , they’re not impossible to find, and good deals for buyers can still be had. What exactly is a short sale?

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Short sale Sales Purchase and sale agreement Banks 105

HomeLight

AUGUST 31, 2020

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? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?

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Short sale Sales Banks Inspection 98

Housing Wire

MARCH 17, 2021

” Pre-foreclosure sales are a promising alternative to foreclosures – here’s why. The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace.

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Title Short sale Lending Loans 370

Housing Wire

JUNE 3, 2024

During her 26 years at the firm, Lessinger has been an agent, a team leader and a broker-owner before ultimately being named president of RE/MAX in February 2024. Amy Lessinger BH: RE/MAX is still known today for having some of the most productive agents in the business. Do you feel like that is a draw for agents?

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Branding Agents Industrial Design 448

HomeLight

OCTOBER 11, 2021

You’re on the hunt for a new home, and in addition to aligning yourself with an experienced agent , you’re also probably spending a lot of time perusing various real estate sites and researching available homes in your area. You see a house you love, but the listing shows that it is an “active pending short sale.”. Wait, what?

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Short sale Sales Banks Backup offer 101

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. As overall home sales decline on a national level, signing listings is more difficult than ever for agents of all experience levels.

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Purchase and sale agreement Agents As-is Inspection 468

HomeLight

OCTOBER 5, 2020

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? Short sales are unique because they require the approval of the seller’s lender.

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Short sale Sales Banks Due diligence 92

Housing Wire

DECEMBER 27, 2021

Some 15 years ago, real estate agents had only a few choices when deciding which real estate business model to choose. From virtual, capped models to low-fee and discount, agents can pick the company that best fits their needs. Now, there’s an explosion of teams and new models, including salaried agents and virtual capped models.

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Brokerage Finance Short sale Agents 418

Housing Wire

JUNE 8, 2022

In May, the inventory of homes for sale rose 8%, marking the first inventory rebound since June 2019. The monitoring solution also will enable the examination of current servicing customers as well as non-customer lists and alert loan servicers to possible short sales, the firm said.

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Short sale MLS Banks Loans 370

HomeLight

MARCH 30, 2021

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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Short sale Sales Pre-approval Closing costs 80

Lab Coat Agents

APRIL 21, 2025

AI tools are helping real estate agents analyze market trends, predict property values, and streamline client interactions. As more agents learn how to use AI in real estate, these innovations are becoming essential for staying ahead in an increasingly tech-driven industry. Naturally, this makes AVMs a valuable tool for agents.

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Agents Short sale Finance New Construction 59

Keeping Current Matters

SEPTEMBER 8, 2021

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. If you find out that you have to pursue other options, your agent can help with that too. Loan modification. Deed-in-lieu of foreclosure. Understand Your Options: Sell Your House.

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Equity Short sale Loans Sales 271

Housing Wire

APRIL 25, 2023

However, many of the homes sold during the past three years were concentrated in higher-priced segments, which exaggerated home price growth as prices were rising and is now exaggerating the declines as sales of multi-million dollar homes begin to normalize. This represents a significant differentiating factor from the last housing cycle.

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Short sale Staging Mortgages Banks 397

HomeLight

OCTOBER 11, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. Agents don’t pay us to be listed, so you get the best match. For-sale-by-owner listings: FSBO homes could also represent a potential bargain.

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MLS Sales Inspection Agents 111

CT Homes

APRIL 18, 2024

If you find yourself in a tough financial spot, it’s crucial to understand your options, particularly when it comes to a short sale vs foreclosure. What is a Short Sale? In contrast to a foreclosure, a short sale is a process initiated by the homeowner before the mortgage defaults become unmanageable.

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Short sale Sales Closing Mortgages 58

The Residential Specialist

DECEMBER 21, 2022

Experts who worked through The Great Recession of 2008 share how to handle tricky short-sale transactions. With its perfect storm of record-low property values and record-high unemployment, The Great Recession of 2008 triggered a rash of residential short sales. Deal breakers for agents. By Shaila Wunderlich.

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Short sale Sales Banks Principal 52

Keeping Current Matters

MARCH 10, 2021

Home sales and prices were both up substantially over the year before. As the next graph shows, there were too many homes for sale in 2007, and that caused prices to tumble. If housing is appropriately valued, house-buying power should equal or outpace the median sale price of a home. This is nothing like the last time.

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Equity New Construction Construction Short sale 317

CT Homes

FEBRUARY 3, 2022

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? . What is a Short Sale?

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Short sale Sales Pre-approval Principal 52

HomeLight

SEPTEMBER 1, 2020

Not so fast: You need an REO buyer’s agent. Even experienced homebuyers who’ve already bought and sold a few homes will find the process much different, and they will also need an agent who specializes in REO sales. In a normal home sale, if the home inspection finds issues, you can negotiate with the seller.

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Banks Agents Sales Short sale 98

Dwell Real Estate

AUGUST 20, 2021

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. Misconception: A cash offer will make a short sale move faster than an offer with financing.

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Short sale Sales Pre-approval Banks 52

Housing Wire

DECEMBER 13, 2021

For homebuyers, across the country we expect the shortage of homes for sale to extend well into 2022.”. The National Rental Home Council data raises questions about why corporate single-family home ownership is a focus for some real estate agents , and, well, journalists in diagnosing the housing market’s ills.

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Investor Industrial As-is Marketing 435

Realty Biz

MARCH 2, 2023

Read on to discover how to find cheap houses for sale. These websites include images and detailed descriptions of the houses for sale. Look at Short Sales or Foreclosures When the owner fails to pay their mortgage, the lender can take back the property and evict the occupants.

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Sales MLS Short sale Banks 120

The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale?

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Short sale Sales Due diligence Purchase and sale agreement 52

Housing Wire

JULY 11, 2023

According to the indictment, the group allegedly acquired a property in bankruptcy proceedings in a short sale, and two defendants moved in and occupied that home as their primary residence. They ultimately defaulted on the mortgages, the district attorney claimed. The six individuals were arrested and arraigned in June.

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Bankruptcy Short sale Loans Title 284

RIS Media

MARCH 21, 2022

Number of agents: 115. Favorite part of your job: Seeing the enthusiasm and drive new agents possess after getting their first sale, contract or listing. 1 tip for new agents: Show up. Not only are agents looking for something new, but they’re also looking for something that offers a good business model.

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Agents Short sale Brokerage Sales 98

HomeLight

DECEMBER 9, 2021

There are countdown apps for almost every life event, but why hasn’t someone made an app to count down the days until we close on a home sale ? From the moment your house is listed as “For Sale” until the moment you finish signing your name on the closing documents, closing is a waiting game … a long, drawn-out, never-ending, waiting game.

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Sales Short sale Agents Pre-approval 105

First Team Real Estate

MARCH 15, 2021

HESPERIA, CA – First Team Real Estate High Desert office agent Karen Copeland recently completed the sale of a retail commercial center in Hesperia, CA , successfully representing both the seller and the buyer in the transaction. Million, with both sides, the gross sale amounts to a total of $5.3

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Commercial Sales Closing Residential 98

HomeLight

MARCH 30, 2022

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. Reduce the time it takes to close your sale.

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Sales Investor Renovation Staging 111

The Close

APRIL 30, 2024

When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. In contrast, a definite pro is that by making a price reduction, real estate agents will start to see increased activity on their listing and hopefully get it under contract quickly. Pricing real estate is an art and science.

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Agents Short sale Staging Sales 98

Realty Biz

JANUARY 1, 2021

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. To find homes in pre-foreclosure you can search sites that specialize in this or you can have an experienced local agent help you out. Short Sales . Sheriff’s Sale Auctions .

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Short sale Pre-approval Banks Loans 114

Point2Homes

DECEMBER 8, 2020

However, before the sale can go to closing, certain contingencies must be met. These clauses are defined in the sales contract and often have to do with home inspections, mortgage approvals and appraisals. A backup offer is not uncommon in real estate sales. Short Sale. Contingent Statuses. No Showings.

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