The Close

MARCH 15, 2022

One year later, in September 2008 when Lehman Brothers—the nation’s fourth-largest investment bank—filed for Chapter 11 bankruptcy, it signaled the start of the largest real estate crash of our lifetime. Short sales and foreclosures quickly became the norm. It was like someone turned off Niagara Falls. I was fortunate.

Agents 98

Agents Investor Banks Land 98

Kyle Handy

JANUARY 20, 2023

You can target advertising on Google or Facebook to people interested in bankruptcy or foreclosure. To be even more creative, you could target those looking up information about a foreclosed home, what it takes to recover a foreclosed property, or how to navigate a short sale with a lender.

House Flipping 89

House Flipping Bankruptcy Renovation Investor 89

HomeLight

JULY 31, 2021

When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”.

Earnest money deposit 98

Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

MAY 23, 2022

Some of the additional required disclosures in North Carolina include: Any known violation of local zoning ordinances, restrictive covenants, or other land-use restrictions or building codes.

As-is 112

As-is Purchase and sale agreement VA loan Inspection 112

HomeLight

JULY 31, 2020

There are many issues that can arise from a title search on a home for sale — some small, some big — that must be addressed before the property can be legally transferred to the new owner. If the kick-out clause is activated, the current buyer has the option to remove the home sale contingency and move forward with closing. Dodge move.

Closing 119

Closing Purchase and sale agreement Title search Earnest money deposit 119

The Close

DECEMBER 27, 2022

Preforeclosure and short sales are more common. This timeline may be longer if you’re in a judicial foreclosure state, where such sales are required to go through the court system. Builders are ramping up again, and low land costs allow them to price new homes competitively against the aging existing-home inventory.

Investor 105

Investor Staging Marketing Banks 105

HomeLight

OCTOBER 29, 2020

Claims most often arise from family disputes or divorce proceedings, while property liens can be tied to debts owed to contractors, unpaid taxes, bankruptcy, and more. Zoning and land use contingencies. Short sale or bank approval contingencies.

Purchase and sale agreement 81

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