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Probate Properties are Great Opportunities for Real Estate Investors

Realty Biz

Every investor is aware of, and many specialize in one of these sources of investment properties: foreclosures, REO, short sales, divorces, fire damage, damaged foundations, hoarders, and other distressed properties. In today’s market, these can be difficult to find and too many investors are pursuing the same properties.

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How and When to Buy Foreclosure Property

Realty Biz

Investors are looking at the current economic situation and anticipating that an even bigger spike in foreclosures is on the horizon. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession.

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How to Make Money as a Real Estate Agent: 9 Strategies to Earn More

The Close

Chances are these people will buy or sell again, so keeping in close contact with them is key to making more money as a real estate pro. Become a Real Estate Investor. You’ll be positioned to demonstrate to real estate investor clients that you know what you’re doing and can serve their needs better than the competition.

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What is a BPO and When to Use Them?

Realty Biz

One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale. Bank-owned property sale of a foreclosed property. BPOs are also commonly used by owners, buyers, and investors in these situations: Valuation for a short sale or foreclosure purchase.

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Ask Brian: What Should I Do When Selling My Home with Little Equity?

Realty Biz

You’ll also be on your own when it comes to marketing to attract qualified buyers ready to make the best offer and close the deal in a short time. Short sales can be complicated. Short sales are complicated. You’re going to want a real estate agent with short sales experience.

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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.

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Selling a House ‘As Is’ in Maryland

HomeLight

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Maryland law requires sellers to disclose material facts about the property through the Maryland Residential Property Disclosure and Disclaimer Statement. Request Cash Offer.

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