HomeLight

MARCH 10, 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. Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Find a Buyer's Agent What is house flipping?

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House Flipping Renovation Investor Finance 105

HomeLight

MARCH 30, 2022

Investors making a cash offer are more likely to purchase a house as-is , so you can cut costs for renovations , staging , and curb appeal projects. You’ll avoid the inconvenience of showings, open houses, and renovations. Simple Sale, a solution from HomeLight, has a network of real estate cash buyers on its platform. “If

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HomeLight

DECEMBER 29, 2021

If you seek assistance either locating, sizing up, or calculating renovation costs for a potential investment property, you need an investor-friendly Realtor with specialized knowledge of rehabbing and rental markets in your area. Insight into smart renovation decisions. Skilled at analyzing a deal. Source: (Adeolu Eletu / Unsplash).

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HomeLight

FEBRUARY 24, 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. And the city has plenty of tourism and varied industries to keep the economy fueled. Find a Buyer's Agent What is house flipping? as of December 2022.

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House Flipping Renovation Investor Finance 105

Rent, Buy & Sell

JANUARY 20, 2023

Foreclosures and short sales may be enticing due to low offer prices, but they carry some risks and potentially higher costs. The housing industry plays an important role in the economy. So, by lowering mortgage rates during a recession, the federal government hopes to buoy home sales by making it cheaper to borrow mortgages.

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Title search Short sale Title Fixed-rate mortgage 59

HomeLight

FEBRUARY 24, 2023

As home renovation shows have skyrocketed in popularity in recent years, so too has the business of flipping houses. After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live.

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HomeLight

JANUARY 19, 2023

Flipping houses has never been a more desirable pursuit, no doubt thanks in part to the vast popularity of home renovation shows. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. During this time, 12.9%

House Flipping 105

House Flipping Inspection Renovation Finance 105

HomeLight

FEBRUARY 9, 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. Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Find a Buyer's Agent What is house flipping?

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House Flipping Hard money loan Finance Renovation 105

HomeLight

JULY 31, 2021

Here’s a little background on what cash buyers tend to prioritize and look for when they make an offer, according to experts in the real estate and investing industry we spoke with directly. This gives us a good idea of the condition of the property, so we know where we can provide value in the sale. In need of renovations or updates.

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Realty Biz

NOVEMBER 14, 2023

Corrections in the housing market rank among the key factors that significantly impact this industry. Target Distressed Properties Distressed properties, such as foreclosures and short sales, are prevalent during a housing market correction. The housing market is a dynamic and ever-changing landscape.

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Marketing Due diligence Investor Finance 91

HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. She checks sold comps to see what renovations provide the best return on investment so she’s not tempted to over-improve a property.

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Purchase and sale agreement Investor Inspection Due diligence 111

Marco Santarelli

DECEMBER 20, 2020

In other cases, the investment property is the one in desperate need of repairs or renovations. Fix-and-rent is a hybrid of these two approaches, buying homes in need of repair, making the needed renovations and repairs, and then renting out your newly desirable rental property.

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Sales MLS Renovation Investor 80

Kyle Handy

JANUARY 20, 2023

You want to purchase a property from someone who needs to sell it at a fair value and then renovate it using your knowledge, skills, and connections. But there are a lot of industries that may be helpful if you’re looking to flip a house. Many people make money flipping houses, but you need to be realistic about each renovation.

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House Flipping Bankruptcy Renovation Investor 89

HomeLight

APRIL 29, 2021

We spoke with three property investors from across the country and a top real estate agent with experience in the industry to arm you with ten tips to sell your multi-family home for all it’s worth. Not only will they need to fork out the cash for necessary repairs, but they’ll also lose rental income during the renovations. “I

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Investor Purchase and sale agreement Agents Commercial 111

The Close

AUGUST 18, 2022

Let’s start with the changes: Last month, after [years in previous industry], I proudly joined [your brokerage or team], one of the most respected and talented [brokerage or team] in [your farm area]. A short sale is one alternative to foreclosure. Why did I go the extra mile here? Now for the opportunities.

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Marco Santarelli

SEPTEMBER 5, 2020

At the same time, the industry is adapting to the current environment by conducting business using technologies such as virtual showings and e-signing to help buyers and sellers with their housing needs in the face of these challenges. Distressed sales accounted for 0.6% of total sales, no change from the previous month.

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Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

MARCH 15, 2021

Buying a pre-foreclosure home is a great opportunity to pay the lower-than-market price for a property, especially if you find a short sale property. The fact remains that you can find $40-$60,000 single-family homes for sale that you can rent out to single mothers with children who would value a little privacy.

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Marketing Investor Sales As-is 126

Marco Santarelli

JANUARY 25, 2023

A decrease in construction activity and the associated loss of construction and real estate industry jobs may result from this. Foreclosures, short sales, and other distressed properties can be found at a significant discount during a recession. Here are some strategies for investing in real estate during a recession.

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HomeLight

JANUARY 4, 2022

Going with a cash offer primarily because it’s easy and low-hassle isn’t unheard of anymore, and in some markets, certain types of cash buyers are getting closer to offering market value than normal , industry data from zavvie shows. A 2022 market survey conducted by HomeLight echoes that cash is here to stay.

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The Close

AUGUST 23, 2022

renovations, updates, repairs, refinancing, buying, or selling?and When a borrower starts to miss payments on a mortgage, a lender or loan servicer will often order a ‘broker price opinion’ (BPO) on a property in case they end up having to foreclose, do a loan modification, or short sale. “Calls to whom? Costs nothing.

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Closing Branding Agents Brokerage 98

Marco Santarelli

FEBRUARY 1, 2022

Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in February. It is rare for a property to get a price cut unless it is in a dangerous neighborhood or needs major renovations. In January 2020 it was $519. growth markets.

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Marketing Investor New Construction Sales 52

HomeLight

AUGUST 31, 2021

However, as those forbearances end toward the later part of 2021, foreclosures will likely become more readily available and may even hit the market in droves, says Florida real estate agent Christina Griffin , who has 20 years of experience in the industry. Let’s take a look at the most common foreclosure sales and how they work.

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Pre-approval Short sale Banks Finance 111

HomeLight

JULY 31, 2021

With deep knowledge of the industry thanks to his years spent working for brokerages Red Carpet Realtors and ERA Realtors, D’Angelo saw an opportunity to go where others wouldn’t in real estate, namely, straight toward those houses deemed “ugly” or unworthy of an offer. The approximate cost of renovations and repairs.

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House Flipping Renovation Investor Sales 98

HomeLight

FEBRUARY 13, 2023

This is the show where you learn what’s working right now from the best real estate agents and industry experts in the country. And by the time I moved back to LA, we were really in the throes of foreclosures and short sales, so it was a different time completely. Welcome to The Walkthrough. This is a weekly show.

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Marketing Agents Staging Branding 105

Realty Biz

SEPTEMBER 23, 2021

Home equity can be tapped for renovations, college loans and more. While other industries struggled over the past year, housing lifted the economy nationally and locally. of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 3% in August 2020.

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