Housing Wire

DECEMBER 21, 2022

Without significant credit stress in the system, we can’t ever assume we will see inventory scale spikes where sellers will not be able to buy homes because of a foreclosure or short sale. We can believe in a forced equity seller premise, where someone loses their job and needs to sell their home to gain access to money.

Sales 531

Sales Mortgages Short sale Principal 531

HomeLight

OCTOBER 11, 2021

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?

Short sale 101

Short sale Sales Banks Backup offer 101

Afford Anything

JANUARY 29, 2021

The investor community is split into two factions: FIRE vs. YOLO. We agonize over asset allocation and wonder whether we should add a REIT or international equities component to our two-fund portfolio. This means individual investors — you, me, Grandma — literally could not get in on the action. percent – 4.5

Investor 143

Investor Brokerage Short sale Equity 143

Realty Biz

AUGUST 4, 2020

What are my options when I have little or no equity? Gil, the better term for what you are referring to is “under-equitied” meaning having less than 20% home equity. When you’re selling, having equity needs to at least cover the costs associated with selling, including paying off the mortgage.

Equity 59

Equity Short sale Investor Title 59

Realty Biz

JULY 19, 2022

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.

Purchase and sale agreement 101

Purchase and sale agreement Short sale Loans Inspection 101

Realty Biz

JULY 25, 2022

These kinds of properties include condemned houses, hoarder homes, and short sales. Investors look for these types of homes because they can purchase them for a fraction of the value. Short Sales Require Patience and Due Diligence. Not every homeowner is eligible to do a short sale.

Due diligence 100

Due diligence Short sale Sales Inspection 100

Lighter Side of Real Estate

DECEMBER 7, 2022

Only time will tell if either of those will happen to the extent some buyers are hoping for, but while they’re waiting it out, it might be the perfect time for real estate investors to get themselves a deal on a rental property. With rates rising and the market slowly shifting, investors will start to see more opportunities.

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Pre-approval Investor Short sale Equity 104

CT Homes

JUNE 4, 2024

Potential Equity: If your home has appreciated in value, you might still walk away with some equity. Cons Short Sale Possibility: If the home’s value has decreased, selling might not cover the total mortgage amount, leading to a short sale.

Short sale 82

Short sale Equity Inspection Sales 82

HomeLight

SEPTEMBER 30, 2021

Something to note here: Many of these preforeclosure homes are not listed for sale. However, investors and agents often see these preforeclosures as an opportunity. The primary benefit of a foreclosure property is its condition and your ability to improve the condition of the property and build equity as a result.”.

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Banks Inspection Equity Investor 122

HomeLight

JUNE 8, 2021

Myles Daniel , a real estate investor in Greenville, SC, spoke with HomeLight about the types of challenges or situations that can require a fast sale. Whatever the case, you can either pursue an off-market sale with a cash buyer, or, depending on your level of flexibility, sell on the open market with a few shortcuts worked in.

Short sale 111

Short sale Sales Agents Days on market 111

Redfin

MARCH 4, 2025

There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. These properties are often priced below market value, making them attractive to buyers looking for a good deal or hoping to build equity quickly. What is foreclosure?

Pre-approval 35

Pre-approval FHA loan Short sale Banks 35

HomeLight

AUGUST 16, 2021

“One of the best lessons I have learned over the years from other investors is that you don’t find deals, you make them,” explains Mark Motes, a real estate investor at Mark Buys Houses , who buys fixer-upper properties in the Birmingham, Alabama, market with a team of local experts. There is never a perfect investment situation.

Banks 105

Banks Pre-qualification Investor Short sale 105

HomeLight

DECEMBER 31, 2020

But selling too soon can be just as risky, causing you to forfeit sizable equity in a fast-appreciating property. Take it from two investors who have experienced both sides of the coin: Source: (Viktor Forgacs / Unsplash). Bad renters turn investment sour. A missed $185k opportunity. List vs. lease: How to navigate the dilemma.

Equity 106

Equity Investor Closing costs Property Management 106

RIS Media

MARCH 23, 2022

By investor type, the share of Ginnie Mae loans in forbearance decreased relative to the prior month: from 1.60% to 1.50%. resulted in repayment plans, short sales, deed-in-lieus or other reasons. Key findings: Total loans in forbearance decreased by 12 basis points in February 2022 relative to January 2022: from 1.30% to 1.18%.

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Loans Mortgages Staging Short sale 98

HomeLight

JANUARY 4, 2022

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. Buy-and-hold investors. Who’s paying cash for houses? Here are some of the most common sources of cash offers in 2022.

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Investor Finance Inspection Sales 98

HomeLight

AUGUST 24, 2022

In addition, 34% of Florida housing units are occupied by renters, so the state remains a hotspot for investor activity. Niakin says that most agents have a broad network of active investors. If you are looking to sell a deal to an investor, as long as your asking price is not ridiculous, you should not have an issue selling it.”.

Purchase and sale agreement 111

Purchase and sale agreement Title search Proof of funds Title 111

Redfin

DECEMBER 7, 2020

Investors and first-time homebuyers will quickly buy up an impending wave of foreclosures from homeowners saddled with debt during the pandemic . First-time homebuyers and investors will likely quickly buy up any foreclosed homes, leaving the larger housing market unimpacted. More than 3.3. million of U.S. New listings are up 6.9%

Marketing 79

Marketing Equity Investor Loans 79

HomeLight

FEBRUARY 26, 2021

Kyle McCorkel , a seasoned real estate investor in Hummelstown, Pennsylvania, saw the writing on the wall when the property taxes for one of his rentals spiked by more than $2,000 annually. However, the IRS doesn’t extend the same generous capital gains tax breaks to property investors as it does to owners selling a primary residence.

Purchase and sale agreement 108

Purchase and sale agreement Investor Sales Agents 108

HomeLight

MARCH 29, 2023

With 300 days of sun a year, a walkable downtown, and an average sale price $22,000 higher in February of 2023 than 2022, the area is still a great market if you’re looking to sell your house fast in Denver. In this guide, we’ll review each option to help you decide which makes the most sense for your home sale. Here’s how it can work.

Sales 98

Sales Staging Investor Renovation 98

Redfin

JANUARY 28, 2025

However, theres a catch: the buyer must still qualify for the loan under the FHA’s guidelines, and any difference between the loan balance and the homes purchase price (the seller’s equity) must be covered, either through cash or secondary financing. Can I assume an FHA loan if the property is a foreclosure or short sale?

FHA loan 31

FHA loan Loans Closing costs Mortgages 31

HomeLight

NOVEMBER 30, 2022

Home improvement shows have popularized the concept of “flipping” houses, bringing this segment of the real estate industry into the living rooms of everyday Americans, even inspiring some to take on the challenge of buying a home needing TLC, updating the home with old-fashioned sweat equity, and selling for a nice profit. Rent or sell.

House Flipping 111

House Flipping Inspection Renovation Finance 111

HomeLight

AUGUST 14, 2024

This option allows you to tap into the equity of your rental property while still holding onto it, potentially providing you with the funds needed to pay off your primary residence without losing your investment. There is an ongoing debate among investors about whether paying off your mortgage is truly the best option.

Finance 111

Finance Equity Agents Investor 111

HomeLight

MARCH 21, 2022

House flippers are real estate investors that purchase properties at a discount with the intention of remodeling to add value, then resell those properties quickly for a profit. House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout.

Home sale contingency 105

Home sale contingency Closing costs Investor Sales 105

HomeLight

MAY 23, 2022

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. When a home is in truly terrible condition, then probably only a flipper or investor would buy it and have the funds and resources to fix it up,” Rynders says.

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As-is Inspection Investor Closing costs 116

HomeLight

SEPTEMBER 21, 2020

In a scenario where there is a lis pendens due to a property line dispute, and a cash investor buys the home before the dispute has been concluded, the cash investor must accept the eventual outcome of the dispute,” says Herzberg. One option would be to build a resolution of the lawsuit into the sale.

Title 105

Title Banks Investor Title search 105

HomeLight

JULY 31, 2021

The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. says Andy Kolodgie , a real estate investor in Washington, D.C. Good bones.

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Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

JANUARY 31, 2023

Over the past several years, the vacation rental market has skyrocketed in popularity — not just for travelers, but also for the owners and investors who own the properties. As of May 2022, short-term rental listings in the U.S. In a “normal” market, buyers of vacation properties are typically investors seeking a cash-flowing asset.

Property Management 111

Property Management Investor Sales Agents 111

HomeLight

APRIL 29, 2022

Graham says he frequently calculates the after-repair value (or ARV) of an as-is sale to arrive at a list price. Investors typically offer no more than 70% of a property’s ARV for a house they plan to flip. Look for an agent who: Understands investors. So if a property needs repairs, subtract those estimated costs from that 70%.

As-is 95

As-is Purchase and sale agreement Investor Inspection 95

HomeLight

MARCH 10, 2023

Investors and individuals are drawn to house flipping in the state of New York because it can be creatively satisfying as well as a very lucrative venture, with flippers earning an average profit of $56,400 in the Empire State. Wise says most of the investors in his area are looking for a 15%-20% profit.

House Flipping 105

House Flipping Renovation Investor Finance 105

HomeLight

FEBRUARY 24, 2023

With several large metro regions to look for properties and a plethora of suburban and rural areas, the state has a good variety to offer real estate investors. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 105

House Flipping Renovation Finance Investor 105

HomeLight

FEBRUARY 9, 2023

Let’s get into the details of where and how you can become an experienced real estate investor in the Golden State. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. A top real estate agent can help.

House Flipping 105

House Flipping Hard money loan Finance Renovation 105

HomeLight

AUGUST 16, 2021

Christina’s course: Working with Foreclosures and Short Sales. HUD Homes for Sale. You can buy properties for yourself, you can help your investors create wealth, or you can just help a regular owner occupant that’s looking for a really great deal find a property that they can make their own. Auction.com.

Marketing 76

Marketing Short sale Bankruptcy Banks 76

Marco Santarelli

MAY 31, 2022

With research, a plan and the right price, just about anyone can be a real estate investor. If you are an investor, Asheville real estate has a track record of being one of the best long term investments. Is Asheville going to be one of the hottest real estate markets for investors in 2019? Graph Credits: Movoto.com.

Marketing 104

Marketing Investor Sales As-is 104

Realtor.com

DECEMBER 14, 2022

Those still scarred from the Great Recession will remember watching in horror as millions of homeowners lost their properties to foreclosures and short sales after their mortgage payments suddenly spiked. But if rates stay elevated, or worse, rise, buyers could be saddled with higher payments that may be tough to afford.

Fixed-rate mortgage 102

Fixed-rate mortgage Mortgages Loans VA loan 102

HomeLight

FEBRUARY 24, 2023

A cooling, less competitive Florida housing market means investors can find more opportunities to make a deal on the types of properties they need for a flip. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 105

House Flipping Renovation Investor Finance 105

Realtor.com

DECEMBER 14, 2022

Those still scarred from the Great Recession will remember watching in horror as millions of homeowners lost their properties to foreclosures and short sales after their mortgage payments suddenly spiked. But if rates stay elevated, or worse, rise, buyers could be saddled with higher payments that may be tough to afford.

Fixed-rate mortgage 99

Fixed-rate mortgage Mortgages Loans VA loan 99

HomeLight

JANUARY 19, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Then I have investors I’m working with who even like houses that have been burned up inside because that creates a blank canvas for them.” increase by the end of the year.

House Flipping 105

House Flipping Inspection Renovation Finance 105