Housing Wire

SEPTEMBER 28, 2023

Loan modifications, deeds in lieu and short sales have now become the preferred path to addressing defaults, although none of them are 100% effective. This is a direct reaction to the surge of single family home purchases by investors seeking to subsequently rent those properties.

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Industrial Mortgages Technology Loans 448

HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? It’s a long sale.

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Short sale Sales Purchase and sale agreement Banks 105

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?

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Short sale Sales Banks Backup offer 101

HomeLight

JUNE 30, 2024

Whether you’re a first-time homebuyer aiming to save or an investor seeking a property to flip , foreclosure listings can offer significant opportunities. By using foreclosure websites, potential homebuyers and investors can find properties often priced below market value. Are you looking to score a great deal on a home?

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Short sale Banks Finance Investor 115

The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale?

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Short sale Sales Due diligence Purchase and sale agreement 52

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. 9 qualities that make an agent ‘investor-friendly’. Connect with an Investor-Friendly Realtor Today.

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Investor Property Management Renovation Agents 98

Realty Biz

MAY 8, 2023

Investing in real estate is not as simple as going to the MLS and finding what you want, as competition for housing is fierce in many cities. Non-market decision The Multiple Listing Service (MLS) does not list all properties for sale. MLS listing must be consulted. You may see features marked "Coming Soon" in the MLS.

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Marketing MLS Inspection Investor 97

Realty Biz

NOVEMBER 18, 2021

Most BPOs also provide information about 3 comparable property sales and 3 comparable listings. The broker will look up the properties on MLS to determine when the properties were recently sold and for how much. One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale.

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Short sale Inspection Loans Banks 110

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.

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Banks Pre-qualification Investor Short sale 105

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Keep it simple with HomeLight’s Simple Sale platform.

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Sales Investor Renovation Staging 111

HomeLight

MAY 23, 2022

Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. MLS has field to mark a listing “as is”? 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.

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As-is Purchase and sale agreement Inspection Closing costs 118

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.

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Purchase and sale agreement Investor Sales Agents 108

The Close

DECEMBER 19, 2022

Become a Real Estate Investor. You’ll be positioned to demonstrate to real estate investor clients that you know what you’re doing and can serve their needs better than the competition. How Smart Investors Find the Best Places to Invest in Real Estate in 2022. Are short-term rentals popular in your town? Visit Elevate.

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Agents Investor Property Management Development 105

HomeLight

FEBRUARY 26, 2021

To avoid such preconceptions that “as is” carries, talk with your real agent about how to list your “as is” home sale without those two little words. Cash buyers or investors will be more receptive to the ‘as is’ label. In fact, NAR notes that cash sales comprised 19% of December’s housing sales. How to get a cash offer.

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As-is Sales Inspection Investor 111

HomeLight

FEBRUARY 4, 2022

The bank will then work with a listing agent to list the home on the MLS. When he works with seasoned investors, Barnett discusses the risk and the scope of the work that the property needs. Use the MLS. If you’re buying the property as an investor, an agent can also help you work through the possible return on investment.

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Agents Banks MLS Title 104

HomeLight

AUGUST 25, 2020

When selling a home the conventional way, your real estate agent enters your property’s details into a multiple listing service, or MLS , a cooperative web platform and database that gives agents and their clients access to “the largest pool of properties for sale in the marketplace,” according to the National Association of Realtors (NAR).

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Marketing MLS Pre-approval Sales 78

HomeLight

APRIL 29, 2022

MLS has field to mark a listing “as is”? Not in Northwest MLS, the largest MLS in the region ; agents instead will include “as is” in the property notes. Graham says he frequently calculates the after-repair value (or ARV) of an as-is sale to arrive at a list price. Look for an agent who: Understands investors.

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As-is Purchase and sale agreement Investor Inspection 95

HomeLight

MAY 23, 2022

MLS has field to mark a listing “as is”? 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. Some homes are truly in shambles, where only a flipper or investor could buy it and have the funds to fix it up. Disclosures.

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As-is Inspection Investor Closing costs 116

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. You don’t have to shop around for the deals.

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Sales MLS Renovation Investor 80

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.”.

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Purchase and sale agreement Title search Proof of funds Title 111

HomeLight

JULY 31, 2021

International investors scooping up Phoenix real estate. Timeline for a cash sale in Phoenix. The Phoenix real estate market draws investors with its consistent housing stock, strong employment base, and vacation-worthy weather. Population boom fuels Phoenix housing demand. Landlord-friendly laws entice Phoenix cash buyers.

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Investor Seller disclosure Sales Closing 98

HomeLight

MAY 23, 2022

MLS has field to mark a listing “as is”? “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. “I Disclosures. Is a real estate attorney required? Real estate transfer taxes? Sell directly to a cash buyer.

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As-is Purchase and sale agreement VA loan Inspection 112

HomeLight

MAY 19, 2022

MLS has field to mark a listing “as is”? 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. Now that we’ve covered the general process of listing a home “as is,” let’s discuss the alternative of working with an investor.

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As-is Inspection Investor Closing costs 119

Marco Santarelli

MARCH 15, 2021

Housing data by Bright MLS, Inc. The following housing report of the Philadelphia Metro Area is based on February 2021 Bright MLS housing data. 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.

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Marketing Investor Sales As-is 126

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement. Yes Is a real estate attorney required?

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As-is Inspection Finance Investor 111

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.

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House Flipping Hard money loan Finance Renovation 105

HomeLight

DECEMBER 9, 2021

What is a quick home sale? First thing’s first, a quick home sale should not be confused with a short sale. A short sale is something a homeowner can attempt when they are in financial distress. An iBuyer is a relatively new term, but the premise has been around for a while now.

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Sales Short sale Agents Pre-approval 105

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. Average Loan to Value (LTV).

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Marketing Equity Investor Loans 79

Marco Santarelli

JULY 27, 2020

In June, the median sales price increased 5.1% Let’s talk a bit about Sacramento before we discuss what lies ahead for investors and homebuyers. So they should take advantage of scooping up their favorite deals which otherwise are taken away by seasoned investors in the bidding wars. from June 2019 ($390,000).

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Marketing Investor Land Sales 124

HomeLight

MAY 23, 2022

MLS has field to mark a listing “as is”? 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. Now that we’ve covered the general process of listing a home “as is,” let’s discuss the alternative of working with an investor.

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As-is Inspection Sales Investor 111

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.

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House Flipping Renovation Finance Investor 105

Marco Santarelli

SEPTEMBER 21, 2021

Is Detroit going to be one of the hottest real estate markets for investors in 2020? Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in September. single family rental homes became favorable options for investors, saving in construction or refurbishment prices.

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Marketing Investor Residential Sales 111

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.

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Marketing Investor Sales As-is 104

Marco Santarelli

SEPTEMBER 11, 2021

The median list price of all types of properties listed on MLS in Indianapolis is $175,000, which is an increase of 5% from April 2020. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in May. The median price of homes for sale is $169,900. 1 Month Ago.

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Marketing Investor Construction Sales 98

The Close

AUGUST 6, 2024

A seller also may sell a home as-is at full market value, even if the repairs are minor, if they’re underwater on their mortgage, or if it is a short sale. Substandard conditions: When your client’s home is unlivable, selling as-is to a real estate investor may be the best option.

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As-is Agents Purchase and sale agreement Inspection 98

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.

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House Flipping Renovation Investor Finance 105

Kyle Handy

JANUARY 20, 2023

A house flipper isn’t just a real estate investor when done right. They want to sell their house without an MLS listing or an agent, so they list it on Zillow and wait for potential offers to come in. As a real estate agent or investor, you probably already know which neighborhoods are best for flipping homes.

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House Flipping Bankruptcy Renovation Investor 89