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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HomeLight

MARCH 31, 2022

If you want to sell your home, but it has large issues you don’t have the time, money or desire to fix, you may consider listing your house for sale “as is.”. In this guide, we’ll walk you though what an “as is” sale really means — and what it doesn’t. An “as is” sale is pretty self-explanatory, but it comes with a few caveats.

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HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement. Yes Is a real estate attorney required?

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HomeLight

MAY 19, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Maryland. Looking to sell a house “as is” in Maryland? They want to sell as-is.”. Disclosures.

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HomeLight

MAY 23, 2022

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. Looking to sell a house “as is” in Indiana?

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HomeLight

MAY 23, 2022

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.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

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HomeLight

MAY 23, 2022

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.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Wisconsin.

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As-is Inspection Investor Closing costs 116

HomeLight

MAY 23, 2022

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. Looking to sell a house “as is” in North Carolina?

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HomeLight

FEBRUARY 26, 2021

These are all items that you may see listed for sale “as is” on sites like Facebook Marketplace or Craigslist. So how do “as is” sales in furniture and retail translate to “as is” sales in real estate? A couch with a red wine stain. An iPad with software issues. A car with a few dents and scratches.

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HomeLight

APRIL 29, 2022

Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

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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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Realty Biz

FEBRUARY 12, 2023

Finding properties in one of the stages of foreclosure is often as easy as looking through a simple Zillow search. When to Look for Foreclosures Christina says that one of the best opportunities is at the earliest stage of foreclosure. Buying a home is a major investment. Today it’s much different, however.

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HomeLight

SEPTEMBER 23, 2024

Read on for details about the different stages of the foreclosure process (including the possibility of snagging a great deal during the pre-foreclosure stage , or after a home has failed at auction), how to find local foreclosure auctions, and what to do so that you’re prepared when you attend.

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HomeLight

JUNE 30, 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. Foreclosure websites are online platforms that list properties in various stages of foreclosure. Our service is 100% free, with no catch.

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RIS Media

SEPTEMBER 8, 2020

percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency , including the share that transition from current to 30 days past due. On a national level, 7.1

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RIS Media

APRIL 21, 2022

By stage, 29.7% of total loans in forbearance are in the initial forbearance plan stage, while 57.2% resulted in repayment plans, short sales, deed-in-lieu or other reasons. The share of other loans (e.g., portfolio and PLS loans) in forbearance decreased relative to the prior month: from 2.72% to 2.44%. The remaining 1.3%

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The Close

APRIL 30, 2024

Pricing real estate is an art and science. When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. We also need to know how to have a price reduction conversation with our clients since pricing for homeowners can be emotionally driven. But it’s critical to dig deeper.

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HomeLight

JUNE 8, 2021

Myles Daniel , a real estate investor in Greenville, SC, spoke with HomeLight about the types of challenges or situations that can require a fast sale. Indeed, as someone who needs to sell your house fast, you could be facing any one of these common scenarios where a lengthy sale process would cause enormous stress and financial strain.

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The Close

JULY 30, 2024

It’s generally divided into four stages: recovery, expansion, hyper-supply, and recession. Stages of the Housing Market Cycle At any point, many factors affect the real estate market. However, every change in the market can fit into one of four stages of the real estate cycle: recovery, expansion, hypersupply, and recession.

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RIS Media

MARCH 23, 2022

By stage, 30.1% of total loans in forbearance are in the initial forbearance plan stage, while 57.0% resulted in repayment plans, short sales, deed-in-lieus or other reasons. Key findings: Total loans in forbearance decreased by 12 basis points in February 2022 relative to January 2022: from 1.30% to 1.18%.

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Loans Mortgages Staging Short sale 98

Redfin

MARCH 4, 2025

There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. Auctions The most common type of foreclosure sale is by an auction. Preforeclosures A preforeclosure is a home that is in the beginning stages of foreclosure.

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RIS Media

FEBRUARY 25, 2022

By stage, 26.8% of total loans in forbearance are in the initial forbearance plan stage, while 59.5% resulted in repayment plans, short sales, deed-in-lieus or other reasons. According to MBA’s estimate, 650,000 homeowners are in forbearance plans. The share of other loans (e.g., are in a forbearance extension.

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Loans Mortgages Staging Short sale 98

HomeLight

JULY 31, 2022

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.

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Realty Biz

AUGUST 18, 2020

remains low due to the continuation of moratoriums ordered by federal and state governments in the early stages of the coronavirus pandemic, even as mortgage delinquencies rise. In the previous month, just 3% of sales involved foreclosures and short sales, according to National Association of Realtors’ data.

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Short sale Staging Banks Mortgages 89

HomeLight

MARCH 29, 2023

With 300 days of sun a year, a walkable downtown, and an average sale price $22,000 higher in February of 2023 than 2022, the area is still a great market if you’re looking to sell your house fast in Denver. Here’s how it can work. I’ve only seen HomeLight having success with that type of program,” says Kissel.

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HomeLight

SEPTEMBER 1, 2020

In a normal home sale, if the home inspection finds issues, you can negotiate with the seller. But with an REO sale, you generally won’t get an additional discount on the price or to ask for repairs. A home that goes to auction is often a cash-only sale, which may be outside your reach. Source: Clara Lilley / Unsplash).

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HomeLight

NOVEMBER 10, 2021

The term iBuyer encompasses a list of companies including Opendoor, Offerpad, Zillow, Redfin, and HomeLight (we offer iBuying services through our Simple Sale and Trade-In platforms). However, program details can frequently change. Selling a house is often a complete pain in the you-know-what. Source: (Ubiq / Unsplash).

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HomeLight

DECEMBER 9, 2021

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. But, unfortunately, an instant sale is that elusive unicorn a homeowner usually only dreams about. Or… you could have a quick home sale.

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RIS Media

OCTOBER 5, 2021

“Borrowers with limited equity were much more likely to be referred to foreclosure during the early stages of the Great Recession than those with strong equity positions. ” said Graboske. Whether that’s due to lack of understanding of their equity positions or the foreclosure process in general is unclear,” he added.

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Lab Coat Agents

APRIL 8, 2022

Yard signs, fliers, business cards, and other print marketing will be the focus of this stage of lead generation. Foreclosures/Short Sales: Look for lis pendens filings in your local county records. Some will argue that lead generation consists of voice-to-voice (or face-to-face) communication with prospects.

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HomeLight

MARCH 30, 2022

His client received a cash offer of $60,000 over the asking price, but the sale likely would have fallen through because of a low appraisal if the buyer needed financing. Reduce the time it takes to close your sale. Take away risks of your sale falling through. Keep it simple with HomeLight’s Simple Sale platform.

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Sales Investor Renovation Staging 111

HomeLight

MARCH 19, 2022

A top agent found through HomeLight will help you set a competitive price, prep and stage your home, market and advertise your home, spread the word to brokers, conduct open houses, and more. You and your Realtor® both bring critical insights to the table. As the property owner, you know your house better than anyone. Find Agent.

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HomeLight

MARCH 21, 2022

Reduce the stress of selling by requesting a cash offer from HomeLight’s Simple Sale platform today. Preliminary offer: At this stage, some house buying companies will provide a preliminary offer that is subject to change after a house assessment. No repairs, no showings, no open houses. Request Offer.

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HomeLight

SEPTEMBER 30, 2021

Pre-foreclosure sales. This is usually done through a preforeclosure sale. Something to note here: Many of these preforeclosure homes are not listed for sale. You’ve heard stories about people buying foreclosures, and you’ve seen them pop up on listing sites — but you have questions. What even is a foreclosure?

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Banks Inspection Equity Investor 122

HomeLight

APRIL 15, 2022

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. A couple in Atlanta is ready to sell their charming and recently renovated three bed, two bath brick two-story home. As two busy working parents, stress levels are high.

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HomeLight

JULY 6, 2023

So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo? So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo? Step one: Talk to an expert!

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The Close

DECEMBER 19, 2022

Maybe the market is sluggish or sales are plateauing. This is especially true in markets where short-term vacation rentals are popular. But let’s say that your hustle isn’t quite getting you where you want to be. Or perhaps your schedule’s recently opened up and you have extra hours in the day to chase your dreams.

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