Realty Biz

JANUARY 1, 2021

Pre- Foreclosures . A property goes into pre-foreclosure when a mortgage company notifies the borrower that they are in default on their loan. To find homes in pre-foreclosure you can search sites that specialize in this or you can have an experienced local agent help you out. Bank-Owned Properties.

Short sale 114

Short sale Pre-approval Banks Loans 114

Redfin

MARCH 4, 2025

If the auction accepts financing, make sure you have a pre-approval ready. If possible, consult a real estate attorney to be sure you understand the realities of the auction and the transaction rules. Bank-owned properties Bank-owned properties, often called real estate-owned (REO) properties, are owned by the lender.

Pre-approval 35

Pre-approval FHA loan Short sale Banks 35

Marco Santarelli

APRIL 29, 2021

Due to the pandemic, there are moratoriums on single-family foreclosures and real estate-owned (REO) evictions to keep delinquent homeowners in their homes. Pre Foreclosures. Bank Owned. San Jose Real Estate Investment Overview. Is San Jose a Good Place Real Estate Investment?

Marketing 126

Marketing Investor Residential Sales 126

Rent, Buy & Sell

JANUARY 20, 2023

A foreclosure—the actual act of a lender seizing a property—is typically the final step after a lengthy pre-foreclosure process. Mortgage lending discrimination is illegal. After that, the foreclosure is deleted from the borrower’s credit report.3 In 22 states—including Florida, Illinois, and New York—judicial foreclosure is the norm.4

Pre-approval 59

Pre-approval Banks Loans Mortgages 59

The Close

DECEMBER 29, 2022

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. In a no-cost mortgage, the lending institution pays all of the closing costs in exchange for the borrower paying a higher interest rate. Pre-approval. No-cost mortgage.

Purchase and sale agreement 98

Purchase and sale agreement Title Pre-approval Proof of funds 98