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The Apple Peeled - Ask the Experts: Market Dynamics with Jonathan Miller

Miller Samuel

The 10-year Challenge (2009 vs. 2019). Some analysts are even comparing the current cycle to the last downturn and the housing bubble in 2009, but Miller outlined quite a few differences between then and now. In 2009, the average discount from listing was 10.2%. And, in-turn, when the market falls, it will fall forever.

Marketing 221
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Fed retreat from MBS market sparks short-term uncertainty

Housing Wire

You don’t know what investor demand is going to be. When new MBS runoff-replacement contraction program will begin is not clear at this point. in 2009 to 1.9% However], there is little reason for ‘real money’ investors such as these to catch a falling knife while the new policy regime unfolds.

Marketing 372
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Help for troubled borrowers is on the way. But will it come soon enough?

Housing Wire

The recent experience with state distribution of rental assistance and unemployment insurance is perhaps a preview of the challenges ahead. States, overwhelmed with claims and understaffed, also had problems paying unemployment insurance. Up to the task? billion at its peak in February 2021.

Mortgage 319
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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true. percent from 6.57

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How owner finance investing works and how to navigate it (with Brandon Smith, 13+ years of investing and lending experience) – Real Estate Real Fast EP9

Listing Spark

In this episode, we’ll learn more about his approach, how he finds and closes deals, and best practices for working with banks and private investors. What tools and services investors should use if they want to get into owner financing. If you’re doing a wrap, the number one thing is insurance. Episode highlights.

Finance 36
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What Is a Foreclosure and How Does it Work?

Quicken Loans

Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. Foreclosure happens when a borrower fails to pay their mortgage payments and the lender or mortgage investor must repossess the home. When it comes to understanding foreclosure, there are three terms to know.