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

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. Foreclosure websites are online platforms that list properties in various stages of foreclosure. The site is popular with real estate professionals and investors.

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Short sale Banks Finance Investor 115

Realty Biz

FEBRUARY 12, 2023

Finding properties in one of the stages of foreclosure is often as easy as looking through a simple Zillow search. When to Look for Foreclosures Christina says that one of the best opportunities is at the earliest stage of foreclosure. These sales can be slow ,” says Christina, “and you are at the mercy of the bank.

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Short sale Banks Staging Principal 115

RIS Media

APRIL 21, 2022

By investor type, the share of Ginnie Mae loans in forbearance decreased relative to the prior month: from 1.50% to 1.38%. By stage, 29.7% of total loans in forbearance are in the initial forbearance plan stage, while 57.2% resulted in repayment plans, short sales, deed-in-lieu or other reasons. The remaining 1.3%

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Loans Mortgages Staging Short sale 111

HomeLight

MARCH 29, 2023

Option 1: Selling your house fast in Denver for cash With approximately 20% of Denver offers being made in cash, according to Denver top agent Madison Kissel , finding a cash buyer or investor who is eager to purchase your house for cash is a strong possibility for selling fast. iBuyers, investors, and flippers will also buy a house for cash.

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Sales Staging Investor Renovation 98

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

RIS Media

FEBRUARY 25, 2022

By investor type, the share of Ginnie Mae loans in forbearance decreased relative to the prior month: from 1.63% to 1.60%. By stage, 26.8% of total loans in forbearance are in the initial forbearance plan stage, while 59.5% resulted in repayment plans, short sales, deed-in-lieus or other reasons. The remaining 1.3%

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Loans Mortgages Staging Short sale 98

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%. By stage, 30.1% of total loans in forbearance are in the initial forbearance plan stage, while 57.0% resulted in repayment plans, short sales, deed-in-lieus or other reasons. The remaining 1.2%

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Loans Mortgages Staging Short sale 98

The Close

JANUARY 13, 2025

Visit Zillow RealtyTrac This real estate listing platform for investors offers foreclosures, preforeclosures, bank-owned properties, and auctions. It also allows you to search bankruptcies, tax liens, as-is deals, and short sales nationwide. In addition, their success depends on finding an investor like you to purchase the home.

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House Flipping Investor Renovation Short sale 98

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.

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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. Investors may see foreclosure purchases as an opportunity to renovate and resell for a profit, while homebuyers may find a house they wouldnt otherwise be able to afford.

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Pre-approval FHA loan Short sale Banks 34

HomeLight

SEPTEMBER 1, 2020

If you know someone who’s bought a foreclosure, short sale, or REO property, talk to them first. Also, try contacting fix-and-flip or buy-and-hold (landlord) investors in your area. Investors often buy distressed properties to maximize their profit when rented or sold. Searching this database could yield good results.

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Banks Agents Sales Short sale 98

HomeLight

JUNE 30, 2022

When an owner sells the property, that listing is closed and the new owner will need to recreate a listing,” explains Luke Smith, property investor and owner of We Buy Property in Kentucky. Market your Airbnb’s home value and income history to investors. Before selling your Airbnb, you’ll need to complete all bookings.

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Investor Sales Agents As-is 105

HomeLight

MARCH 21, 2022

Preliminary offer: At this stage, some house buying companies will provide a preliminary offer that is subject to change after a house assessment. 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.

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Home sale contingency Closing costs Investor Sales 105

HomeLight

JANUARY 31, 2022

We talked to experienced property investors and a top real estate agent to gather tips and tricks about the benefits and drawbacks of selling a home empty and occupied. Tap into our nationwide network of cash real estate buyers, which includes long-term rental investors who may be OK with an active lease. Request Offer.

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Purchase and sale agreement Investor Sales Agents 98

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. There are a few buyers out there that are purchasing properties for their own occupancy, but the vast majority are going to be considered investors,” Crotts reveals.

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Banks Inspection Equity Investor 122

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

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. Skip repairs, staging, and showings. Buy-and-hold investors. Sell Your House for Cash: Request an Offer Today. Request Offer.

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Investor Finance Inspection Sales 98

HomeLight

MARCH 31, 2022

But many investors and house buying companies will. HomeLight’s Simple Sale platform provides cash offers for homes in almost any condition nationwide. Skip repairs, staging, and open houses. Investors and home flippers are usually looking for a deal. Not All Buyers Will Purchase Homes 'As Is'. Learn More.

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As-is Inspection Investor Short sale 122

HomeLight

MAY 19, 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. Especially if there are safety concerns, you’ll be looking for an investor to buy the home rather than a buyer willing to pay top dollar.”. Sell directly to a cash buyer.

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As-is Inspection Investor Closing costs 119

HomeLight

FEBRUARY 26, 2021

Cash buyers or investors will be more receptive to the ‘as is’ label. Investors increasingly play a large role in the housing market, according to NPR, citing data from CoreLogic that investors purchased 1 in 5 starter-priced homes in 2019. In fact, NAR notes that cash sales comprised 19% of December’s housing sales.

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As-is Sales Inspection Investor 111

HomeLight

JANUARY 25, 2021

House flippers usually purchase houses for cash as-is, saving homeowners the expense of making repairs that lenders might require, along with the stress of showing and staging the home. The structure “had to be taken down to the studs,” Griffin says, not the ideal condition for a conventional sale. Your property suffered severe damage.

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Purchase and sale agreement Investor Inspection Due diligence 111

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

Realty Biz

MAY 8, 2023

Real estate investors today need to be as motivated as possible, which often means painstakingly searching for off-market deals with the services of real estate agents in Madison WI that you can use to find the perfect home at an off-market value. Sign up for email alerts for new properties that are not on the market for sale.

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Marketing MLS Inspection Investor 97

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. Then they’ll try to sell that contract to another investor or buyer to make a profit.”. Homes sold “as is” often need some work or may be cosmetically outdated.

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As-is Purchase and sale agreement Inspection Closing costs 118

HomeLight

JULY 25, 2022

Choose a short sale: If you’re behind on your mortgage payments or owe more than the home’s current value, you may want to think about a short sale as a way to avoid foreclosure. That can include a short sale, foreclosure, deed in lieu of foreclosure, or loan modification.

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Closing costs Short sale Equity Sales 110

HomeLight

JUNE 19, 2023

Here are the three easy steps in the Simple Sale process: Who else buys houses for cash in Florida? Apart from HomeLight’s Simple Sale, which connects you with the largest network of cash buyers in the U.S., there are other companies and investors who buy houses for cash in Florida. Staging can be very important.

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Inspection Staging Agents Short sale 96

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

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. A good broker is going to tell you what is in your interest for getting the most money and for the most productive sale,” says Muncey. Sell directly to a cash buyer.

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As-is Inspection Sales Investor 111

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. “I You’re looking for an agent who doesn’t shy away from listings that need a little TLC and maybe has a strong network of investor connections.

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As-is Purchase and sale agreement VA loan Inspection 112

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. Then, I’ll make sure they service the septic system and go around to do some simple staging,” Townsend says.

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Sales Short sale Agents Pre-approval 105

HomeLight

NOVEMBER 10, 2021

They also usually buy and resell homes at a higher volume than other types of real estate investors, so their goal is to flip more homes to make up for a lower profit margin per flip. With Simple Sale , HomeLight provides an all-cash offer for homes in almost any condition. million depending on the market. Service fee: As of Sept.

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Home sale contingency Sales Closing Short sale 118

HomeLight

MARCH 18, 2022

By eliminating lender involvement, you open up sales to non-traditional buyers, such as house flippers , buy-and-hold investors , and iBuyers. You skip the process of staging and showing your home and go straight to requesting an offer. For instance, some cash investors may tack on a service charge for a fast sale.

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Inspection Investor Sales Agents 105

Marco Santarelli

MAY 28, 2022

If you are a home buyer or real estate investor, you may find mixed opinions about investing in Virginia Beach real estate. It may not have a good track record or hype for real estate investment but Virginia Beach has a good variety of housing available for investors, including single family homes, condominiums and rental apartments.

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Marketing Purchase and sale agreement Investor Sales 98

HomeLight

APRIL 15, 2022

iBuyers tend to offer much closer to market value than other types of investors and flippers, but they also charge a service fee and are limited in the types of homes they will buy. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work. What does iBuyer stand for?

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Title House Flipping Title search Sales 109

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

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%.

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As-is Purchase and sale agreement Investor Inspection 95