While demand is experiencing the general headwind of anaemic economic growth like many segments of the economy, tight supply conditions (due to higher construction and debt finance costs) mean a scarcity of high
It seems another buyer beat you to the punch, and all you can do is keep looking.Or is it?Here’s what “under contract” means in real estate, how under-contract home sales can fall through, and whether you still can make a successful offer on a home that’s under contract. ...
Answer to: What does inspection consent mean in real estate? By signing up, you'll get thousands of step-by-step solutions to your homework...
As long as you're aware of what the term "sale" actually means, you should be able to tell if the deal you've been offered is fair and reasonable. What does do stand for in accounting? As mentioned above, when we talk about selling something, we often refer to using the terms "...
What does SFR mean in real estate?Single family rental propertiesare one-unit, detached rental properties. An SFR detached home often comes with a yard and garage. The SFR property type has dominated residential investing for many years. These investment properties are known for their profitability...
“Buyers may easily write into any offer a contingency requiring that the seller cover the cost, or may request other concessions, such as closing cost assistance in the dollar amount they are paying their representative.” Does this mean real estate commissions are now negotiable? Well, ...
buyer and seller have entered into a contract. This is why a property will be pending even after an offer has been accepted. During this pending phase, a third party intermediary, known as an escrow company, is responsible for holding the funds for the purchase of the property in an ...
Pocket listings are for-sale homes that real estate agents purposefully keep off the Multiple Listing Service in order to look for an ideal buyer.Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender ...
piece of real estate, perhaps a home, on July 1. The county government bases property taxes on a calendar year: January 1 through December 31. Buyer A and Seller B would each pay half a year’s real estate taxes in this case if the tax bill for the current year of sale is pro...
What is a sales contract? What are gross sales? What is gross sales? What does company dollar mean in real estate? What is a sale on approval? What are estate taxes? What does it mean for a house to be below market value in real estate? What is a tax sale? What is the MAJOR di...