Housing Wire
FEBRUARY 1, 2021
The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to recent data from the Auction.com Market Validation Program (MVP) for pre-foreclosure sales. More than 1.7
Housing Wire
APRIL 8, 2021
While such a marketplace exists for traditional retail properties in the form of the Multiple Listing Service (MLS), that retail marketplace does not always deliver for distressed properties. Those winning MVP offers have averaged 19% higher — or more than $33,000 higher — than the highest offer received on the MLS.
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Housing Wire
JUNE 8, 2022
The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators. The monitoring solution also will enable the examination of current servicing customers as well as non-customer lists and alert loan servicers to possible short sales, the firm said.
HomeLight
OCTOBER 5, 2020
As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?
Housing Wire
FEBRUARY 21, 2023
On a yearly basis, existing home sales were down 36.9% This is the lowest level of home sales activity since May 2020 when the COVID-19 pandemic had shut down much of the economy,” Lisa Sturtevant, the Bright MLS chief economist said in a statement. Before that, you have to go back to October 2010 to find total sales this low.”
HomeLight
SEPTEMBER 6, 2022
Because, there’s a lot of uncertainty surrounding a short sale, a homeowner might reach out to the real estate agent who originally sold them their home. But that may not be the best choice because even if the whole experience was positive, you’re not going to get the same help that a short sales Realtor® can provide.
HomeLight
SEPTEMBER 20, 2022
Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?
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