Housing Wire

APRIL 8, 2021

billion in potential home equity has been uncovered for distressed homeowners facing foreclosure. billion is the amount of surplus funds generated by foreclosure sales on the Auction.com platform between 2016 and 2020. Over the past five years, more than $1.2

Equity 441

Equity Short sale MLS Sales 441

Housing Wire

FEBRUARY 7, 2022

Amid protests set off by George Floyd’s death, Fannie Mae ’s CEO issued a public statement about its commitment to racial equity. I told him, ‘We have this serious racial equity issue still pending, and I hope Fannie Mae is serious about it.’” Instead, investors bought the run-down properties in bulk sales.

Equity 388

Equity Inspection Real-estate owned Residential 388

Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. However, ATTOM (real estate data) released comprehensive foreclosure data for the first quarter of 2022 showing a total of 78,271 U.S. The REO sales process is much the same as any traditional sales process.

Purchase and sale agreement 100

Purchase and sale agreement Short sale Loans Inspection 100

Broke Agent Media

JANUARY 16, 2023

Our recent homeowner equity report shows that 93 percent of borrowers in foreclosure today have positive equity, which they appear to be leveraging in order to avoid a foreclosure by refinancing their mortgage or selling the property at a profit. Auction — Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS).

Banks 98

Banks Equity Real-estate owned Sales 98

HomeLight

AUGUST 16, 2021

In the market for a “ real estate owned” property ? REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale?

Banks 105

Banks Pre-qualification Investor Short sale 105

HomeLight

AUGUST 31, 2021

They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows). Bank-Owned or REO: If a home doesn’t sell at auction, it becomes a real-estate owned home , meaning the bank or lender officially owns it. Short sale.

Pre-approval 111

Pre-approval Short sale Banks Finance 111

Lab Coat Agents

JANUARY 10, 2022

The truth is that everybody can invest in real estate somehow, even if they have a small amount of money to begin with. Real estate is an excellent method to broaden your investment portfolio. What Does It Mean to Invest in Real Estate? Investing in real estate might imply a variety of things.

Debt-to-income ratio 59

Debt-to-income ratio Investor Renovation Equity 59