Remove Closing costs Remove Investor Remove Short sale
article thumbnail

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. Here’s when it’s good to buy a short sale house. First: What’s a short sale?

article thumbnail

How to Find Short Sale Homes: A Guide for Buyers

HomeLight

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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? Short sales defined . Wait, what?

article thumbnail

Best Foreclosure Websites to Find Homes

HomeLight

Whether you’re a first-time homebuyer aiming to save or an investor seeking a property to flip , foreclosure listings can offer significant opportunities. By using foreclosure websites, potential homebuyers and investors can find properties often priced below market value. Are you looking to score a great deal on a home?

article thumbnail

How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

Let’s take a look at the most common foreclosure sales and how they work. Short sale. A short sale isn’t necessarily a foreclosure sale, but it’s common to see a short sale done to avoid foreclosure. A seller will usually have to prove financial hardship for the lender to agree to the sale.

article thumbnail

Selling a House ‘As Is’ in Indiana

HomeLight

As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. According to Allen, some wholesalers will offer cash for the property, but the reality is that these buyers don’t even have the cash to close.

As-is 118
article thumbnail

Selling a House ‘As Is’ in Maryland

HomeLight

“As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. Especially if there are safety concerns, you’ll be looking for an investor to buy the home rather than a buyer willing to pay top dollar.”.

As-is 119