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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. TF: Effective risk management in REO asset sales involves awareness of the intrinsic risks.

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‘We Bought a House That Hadn’t Been Built Yet’: New Construction May Be the Key To Succeed in Today’s Hot Market

Realtor.com

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We made an appointment with the development’s sales consultant, then went to see several model homes. It was great.

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How to Find Cash Home Buyers in McKinney for a Hassle-Free Home Sale

HomeLight

If you’re a McKinney homeowner seeking a quick sale without the hassles of listing on the open market, working with a cash buyer could be your best course of action. Increasing home sales and an abundance of new construction contribute to a competitive real estate market in McKinney.

Sales 70
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Sell Your House Fast in Miami: Expert Strategies for a Quick Sale

HomeLight

In this guide, we will review the pros and cons of each approach to help you decide which makes the most sense for your home sale. Get a cash offer with HomeLight’s Simple Sale If you want to sell your house fast in Miami, HomeLight’s Simple Sale all-cash offer platform could be the perfect solution.

Sales 104
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How Long Does It Take to Build a House?

Realtor.com

Census Bureau’s most recent 2020 data from the Survey of Construction estimates approximately 6.8 months as the average length of time from start to completion of new privately owned residential buildings. That number rises to nearly 12 months for owner-built houses, and falls to just under 6 months for build-for-sale homes.

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Find Cash Home Buyers in Austin for a Fast, Simple Sale

HomeLight

Do you need to connect with cash home buyers in Austin for a fast sale? With so many people relocating to the Texas state capitol, there’s a need for housing – and there are plenty of cash home buyers in Austin to help sellers who need a quick sale. New construction surge contributing to competition for buyers.

Sales 95
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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Meaning, buyers are charged with performing due diligence during real estate transactions to ensure they’re buying a product they’re satisfied with. This is known as the due diligence period. That due diligence period is the buyer’s only opportunity to find out for themselves the facts about the house,” Morton says.