The owner cannot accept a better offer from another buyer unless the original buyer does not proceed with the sale. Agents also refer to this as active under contract. With contingent deals, it is certainly possible that the property will continue to be shown. A buyer’s agentcan check on ...
A significant amount of real estate agents or others in the industry could also assume an estate sale to mean selling a house of one of the heirs. Both meanings of an “estate sale” are considered proper. In some areas of the country, estate sales are also called “tag sales.” For p...
Real Estate Investing for Retirement Consider the advantages and disadvantages of using real estate to fund your retirement years. Aja McClanahan,Tracy StewartandBarri SegalNov. 5, 2024 Can I Retire at Age 70 With $500K? Retiring with $500,000 in the bank is doable, but you must augment th...
What does "climate" mean in this context?The real estate climate is always a seller's market. 查看翻译 S_u_N_s_H_i_N_e 8月29日 英语(美国) in this context, "climate" means the current situation or condition. So, "the real estate climate" refers to the current state of the real...
How Does a Realtor Becomes SRES Designated?Like any real estate designation, there is a detailed course required. Once the course is completed, there is an exam you must pass. Throughout this course, a realtor will gain the knowledge to better serve senior clients and their real estate needs...
What Does a High Absorption Rate Mean? A high absorption rate means a higher proportion of houses are being purchased. Otherwise, a low absorption rate means a lower proportion of houses are being purchased. This information is used by relators, financial institutions, and appraisers as the rate...
Real estate plays a crucial role in the economy, driving growth through construction, property sales, and development, while also influencing job creation, consumer spending, and overall investment levels. Key Takeaways Real estate is defined as land that might or might not have yet been improved...
During a year, you will receive $24,000 from the job, which is $1,680 more than the annual earnings threshold of $22,320. As a result, $1 out of every $2 above the threshold will be withheld. In this case, $70 will be withheld every month from your Social Se...
Short sales tend to be lengthy and paperwork-intensive transactions, taking up to a full year to process. They are not as detrimental to a homeowner’scredit ratingas aforeclosure. Discrimination in mortgage lending is illegal.If you think you've been discriminated againstbased on race, religion...
This is the simplest way to share profits in a syndication agreement. As the name suggests, all profits are shared proportionally across all stakeholders. Profits can include everything from cash flow and the sale of the property. If the agreement specifies an 80/20 split, then the passive in...