A short sale is when a homeowner sells their home for less than they owe on the mortgage. This may be done to avoid foreclosure, but it requires the lender’s approval[2]. While waiting for the proper approvals to finalize the deal, the status could be listed as “pending - short sal...
A contingent offer can help protect you when you make an offer on a house. Learn what a contingent offer is and how it works, types of contingencies, and more.
These are sort of limbo states for homes that happen when the seller has accepted an offer but the transaction is not yet finished. In these cases, the home could become available again should something go wrong before the sale is finalized. After all, the process of buying and selling a ...
Contingent short sale:Ashort saleis when the seller accepts a price below their remaining mortgage balance on the home. This typically occurs in two scenarios: when foreclosure is imminent and the seller is hoping to close a sale in a short time, or when the foreclosure has occurred, and th...
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When it comes to talent acquisition and management, there’s no doubt that the word ‘contingent’ has become a synonymous workforce term. Never before have we experienced the level of flexibility in work that we’re facing now. The gig economy and the use of contingent workers have grown ex...
Indirect export channels refer to when a firm does not take much involvement with its own exporting activities, instead employing another domestic firm or agent such as an export management company or trading company to perform these duties: “in indirect channels firms sell to a middleman, agent...
When Joni Mitchell wrote “Big Yellow Taxi,” she had just arrived in Honolulu. She was inspired by the view outside her hotel window, with beautiful green mountains in the distance and, closer to the hotel, a “parking lot as far as the eye could see.” Ugly. For business owners, th...
could be a tough one. Without a technique to drive your on-line business or an understanding of the functions across your business that support it, you are guaranteed to miss the sale. Functions like selling, Sales, Distribution, money Transactions, Service, and Support. Fear not, HTI will ...
In these types of business transactions, the total selling price may not be able to be determined in the taxable year of the sale. Contingent payment sales may occur when a company is in contract to purchase another company but the financials are not finished. ...