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Q4 Update: Delinquencies, Foreclosures and REO

Calculated Risk Real Estate

This entire housing cycle I’ve argued that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key reasons: 1) mortgage lending has been solid, and 2) most homeowners have substantial equity in their homes. Nationwide, borrower equity increased by $281.9

Equity 98
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How to Buy a Foreclosed Home: The Ultimate Step-by-Step Guide

Redfin

These properties are often priced below market value, making them attractive to buyers looking for a good deal or hoping to build equity quickly. If possible, consult a real estate attorney to be sure you understand the realities of the auction and the transaction rules.

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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

Talk to your agent and a licensed loan officer to explore your options). As for insurable houses, there are a variety of financing options for government-backed loans: VA loans. In Collinge’s opinion, HUD homes can be an excellent investment for handy folks who are willing to put some good sweat equity into the house.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. It’s an official form certifying that a veteran has met the terms that qualify someone for a VA loan. 10 Sneaky Real Estate Scams + How to Protect Your Clients (& Yourself).