Housing Wire

DECEMBER 21, 2022

From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl!

Sales 531

Sales Mortgages Short sale Principal 531

Keeping Current Matters

MARCH 10, 2021

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Home sales and prices were both up substantially over the year before. Instead, real estate had one of its best years ever. This is nothing like the last time.

Equity 325

Equity New Construction Construction Short sale 325

The Residential Specialist

DECEMBER 21, 2022

Experts who worked through The Great Recession of 2008 share how to handle tricky short-sale transactions. With its perfect storm of record-low property values and record-high unemployment, The Great Recession of 2008 triggered a rash of residential short sales. Short sales are not suited to all REALTORS ®.

Short sale 52

Short sale Sales Banks Principal 52

Keeping Current Matters

OCTOBER 21, 2020

A decade ago, there wasn’t a forbearance option, and most banks did not put in other programs, like modifications and short sales, until very late in the crisis. There Are Other Options That Were Not Available the Last Time.

Equity 285

Equity Banks Closing costs Loans 285

Housing Wire

DECEMBER 13, 2021

From 2007 to 2014, institutions accounted for about 2% of homes that were purchased out of foreclosures and short sales, which is out of five million-plus homes. Certainly, the great financial crisis accelerated the growth and development of the single-family home industry. That period of time did jumpstart things for the industry.

Investor 435

Investor Industrial As-is Marketing 435

Calculated Risk Real Estate

DECEMBER 12, 2024

Just compared to last quarter, the number of residential properties that fell into negative equity increased by 30,000 homes or 1.8%. Note the almost 7 years of declining mortgage debt as distressed sales (foreclosures and short sales) wiped out a significant amount of debt.

Closing 104

Closing Equity Short sale Principal 104

First Team Real Estate

MARCH 15, 2021

“Karen is an excellent commercial and residential agent and broker who is always conscientious regarding the needs of her clients. With over 70 experienced agents in residential, commercial, land sales, and investment properties, we are proud to be the trusted local brokerage, serving the needs of our communities.

Commercial 98

Commercial Sales Closing Residential 98

Realty Biz

JULY 19, 2022

Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession. If the house is worth less than the outstanding loan, the seller has options, but a straightforward pre-foreclosure sale is seldom one of the options.

Purchase and sale agreement 101

Purchase and sale agreement Short sale Loans Inspection 101

RIS Media

FEBRUARY 8, 2021

Speaker Mark Ryan, owner of RE/MAX Victory and leader of the Mark Ryan Group in Dayton, Ohio, taps his 30 years of sales and marketing experience to guide his team in first-time home-buying, home selling, investment, military relocation, short sales, and more. For more information, please visit www.workmansuccess.com.

Short sale 105

Short sale Land Residential Sales 105

Realty Biz

OCTOBER 4, 2022

Engel & Völkers of East Greenwich announced today that Vickie Pizzarelli has joined its brokerage as a real estate advisor, where she specializes in new construction, residential sales, foreclosures, and short sales.

Brokerage 105

Brokerage Short sale Residential New Construction 105

RIS Media

MARCH 1, 2022

deals mainly in short sales and foreclosures, the new Weichert office will concentrate on luxury properties. She was honored for her work with Westchester Residential Opportunities in 2017. Botsoe will remain broker/owner of Dorothy Jensen Realty, Inc. in White Plains, New York, which she’s led for 27 years.

Marketing 98

Marketing Short sale Residential Sales 98

RIS Media

JANUARY 28, 2022

residential and commercial real estate,?relocation relocation services, property management, corporate homes, REO and short-sale transactions. “We This marks the brand’s 23rd franchised office location in the state, the company said.

Short sale 98

Short sale Brokerage Branding Commercial 98

Realty Biz

AUGUST 6, 2021

The housing bubble bust of 2008 resulted in almost 10 million Americans losing their homes to foreclosures and short sales. Adjustable-rate mortgages were a significant contributing factor to the Great Recession foreclosures and short sales. What We Learned From the Great Recession. Please share by leaving your comment.

Short sale 102

Short sale Loans Equity Mortgages 102

RIS Media

OCTOBER 1, 2020

Explore every aspect of residential real estate transactions from a buyer’s perspective. Short Sales & Foreclosure Resource (SFR®) Certification Course. Short Sales & Foreclosure Resource (SFR®) Certification Course. Dates: Oct. 8 – 9, 2020. Instructor: Brent Lancaster.

Marketing 92

Marketing Short sale Development Property Management 92

Easy Agent Pro

OCTOBER 29, 2020

Overnight, real estate agents became “short sale experts” during a time when few even knew what the term meant. Brush up on the foreclosure and short sale process by taking the classes (it’s actually a one-day session you can do online” leading to NAR’s short sale and foreclosure designation.

Short sale 85

Short sale Land Commercial Equity 85

Realty Biz

MARCH 16, 2023

ML: I’m a subject matter expert on foreclosures, short sales, technology and social media, and then I am a full time instructor in the State of Illinois, dealing with license law, pre-licensing, that sort of thing. We recently sat down with Marki to discuss her real estate career past and present.

Short sale 92

Short sale Investor Technology Principal 92

Realty Biz

NOVEMBER 18, 2021

One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale. Bank-owned property sale of a foreclosed property. BPOs are also commonly used by owners, buyers, and investors in these situations: Valuation for a short sale or foreclosure purchase. Property value estimate.

Short sale 110

Short sale Inspection Loans Banks 110

Marco Santarelli

JUNE 12, 2021

The closed sales surged by 84.9% YoY in April while the median sales price was up 16.8% T he residential real estate market in the Tampa Bay area continues to churn unimpeded even in times of the pandemic. In April 2021, the median sale price of a Foreclosure/REO property in the Tampa metro was $229,250, up 14.5%

Marketing 145

Marketing Investor Residential Sales 145

Realty Biz

MAY 22, 2022

A Short History of ARMs. Adjustable-rate mortgages were a significant contributing factor to the Great Recession foreclosures and short sales. People that couldn’t pay their mortgages were losing their homes to foreclosure and short sales. Jump forward to today’s housing market. Please leave your comments.

Short sale 91

Short sale Loans Mortgages Equity 91

A Student of the Real Estate Game

DECEMBER 8, 2020

Residential Conversion Opportunities. As Federal Aid and forbearance relief runs out, I expect to see an uptick in foreclosures and short sales of assets that are ripe for multifamily conversions. Converting obsolete or distressed assets to multifamily is a much-discussed opportunity today, but it’s not simple.

Construction 98

Construction Development Design Short sale 98

HomeLight

JULY 31, 2022

Some of the most important aspects of the SCRA as it relates to housing are that it provides: protections against home foreclosure, protections against property repossession, the option for service members to opt out of a residential housing lease without penalty, and. Federal Housing Finance Agency Short Sale Assistance.

VA loan 95

VA loan Purchase and sale agreement Short sale Pre-approval 95

Realty Biz

JANUARY 19, 2023

One such option on the table is a short sale. A lender may not take the bait and agree, and a short sale could damage your credit, though not as much as a foreclosure. Depending on your state, the lender may or may not seek to forgive the difference between the loan balance and the sale price. The downside?

Short sale 84

Short sale Equity Loans Mortgages 84

Realty Biz

MARCH 29, 2021

The most advisable flipping modes are distressed properties, short-sales, and bank-owned homes, among other sub-optimal state assets. Choose a property within an area limited to new residential housing construction activities. Additionally, put into consideration the state of the local housing market. The Profit Potential.

House Flipping 119

House Flipping Renovation Investor Construction 119

Realty Biz

SEPTEMBER 23, 2021

Miami Distressed Sales Keep Dropping, Reflecting Healthy Market. 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. In 2009, distressed sales comprised 70% of Miami sales. million in August.

Sales 104

Sales Fixed-rate mortgage Short sale Equity 104

HomeLight

SEPTEMBER 2, 2021

The residential energy property credit available under the Consolidated Appropriations Act of 2021 is new for 2021. In 2021, homeowners may claim a credit for 10% of the cost of qualified energy-efficiency improvements and the amount of the residential energy property expenditures paid or incurred during the year. Energy credits.

Residential 105

Residential Mortgages Loans Short sale 105

Realty Biz

FEBRUARY 21, 2021

Miami Distressed Sales Stay Low, Reflecting Healthy Market Only 1.8% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 5.9% In 2009, distressed sales comprised 70% of Miami sales. in January 2020. last year.

Sales 90

Sales Short sale FHA loan Fixed-rate mortgage 90

Calculated Risk Real Estate

JUNE 7, 2024

In the first quarter of 2024, the total number of mortgaged residential properties with negative equity decreased by 2.1% Note the almost 7 years of declining mortgage debt as distressed sales (foreclosures and short sales) wiped out a significant amount of debt. trillion since the first quarter of 2023, a gain of 9.6%

Closing 64

Closing Equity Short sale Banks 64

Realty Biz

MAY 21, 2023

Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 1.3% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, even with the figure in April 2022. In 2009, distressed sales comprised 70% of Miami sales.

Sales 92

Sales Short sale Fixed-rate mortgage Banks 92

Realty Biz

MARCH 21, 2023

billion of South Florida residential properties in 2022, up 34% from $5.1 Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 0.9% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 1.6% in February 2022.

Sales 100

Sales MLS Short sale Residential 100

Realty Biz

FEBRUARY 5, 2022

His experience in his early career were listings of Residential in Florida and Vacation Land in Tennessee. He left the real estate field in 1995 to focus on completing his law enforcement career and after retiring he returned in 2007 as a Sales Associate and later Broker Associate.

Residential 80

Residential Short sale Principal Brokerage 80

Realty Biz

DECEMBER 26, 2022

billion of South Florida residential properties in 2022, up 34% from $5.1 Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 1.7% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 0.8% in November 2021.

Sales 92

Sales Short sale Residential Mortgages 92

The Close

DECEMBER 19, 2022

In most states, in order to facilitate real estate transactions involving the securing and enforcing of a lease on a residential or commercial property, the property manager must either own the property themselves or hold a real estate license. Are short-term rentals popular in your town? Become a Property Manager.

Agents 105

Agents Investor Property Management Development 105

Realty Biz

MARCH 29, 2021

The most advisable flipping modes are distressed properties, short-sales, and bank-owned homes, among other sub-optimal state assets. Choose a property within an area limited to new residential housing construction activities. Additionally, put into consideration the state of the local housing market. The Profit Potential.

House Flipping 95

House Flipping Renovation Investor Construction 95

Realty Biz

OCTOBER 11, 2021

Every investor is aware of, and many specialize in one of these sources of investment properties: foreclosures, REO, short sales, divorces, fire damage, damaged foundations, hoarders, and other distressed properties. Also, our weekly Ask Brian column welcomes questions from readers of all experience levels with residential real estate.

Investor 93

Investor Probate sale Short sale Closing 93

Realty Biz

JUNE 24, 2022

Miami Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, lower than the 1.7% In 2009, distressed sales comprised 70% of Miami sales. in May 2021.

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Realty Biz

AUGUST 4, 2020

Short sales can be complicated. On your credit report, a short sale is considered better than a foreclosure but it is still a big negative that can remain on your credit report for seven years. Short sales are complicated. You’re going to want a real estate agent with short sales experience.

Equity 59

Equity Short sale Investor Title 59

Real Trends

JUNE 17, 2022

If you look over the courses offered at any given real estate school , you will find ones available that facilitate the understanding of short sales, risk management, business planning, trust funds and more. These will give you the know-how you need to be an expert in your field. They also look impressive to clients and colleagues.

Industrial 82

Industrial Short sale Agents Commercial 82