Encroachment in real estate is when a person — without permission — impinges on another person’s property by either building a structure or extending their property onto the other’s, to name a few examples. Encroachment can occur accidentally, for example, if property lines are unclear and ...
Non-Durable Power of Attorney (POA):A non-durable POA automatically terminates in the case of a sudden tragedy or death. In such cases, an authorized agent cannot decide and manage real estate affairs on the principal’s behalf. How Does Real Estate Power of Attorney Work? Here’s a step...
So, what does under contract mean for you if you find a home that you love but already has an accepted offer in place?Well, if you really love the property or are in a very competitive market, it might still make sense to submit an offer, even if you know that your bid is a ...
Can a Seller Get Out of Real Estate Transaction If in Escrow? Does My Earnest Money Count Towards Closing Costs? How do I Buy a Home From a Private Party? What Does "Status Active" Mean in Real Estate? Three Things Buyers Need to Do Before Closing on a House Is Earnest Money Refundabl...
What does history tell us? In addition to fundamental analysis and pricing stabilising, historical trends suggest that markets tend to rebound after downturns. This is evident in the performance of private equity real estate funds, where investment opportunities following price corrections have historicall...
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...
What does inspection consent mean in real estate?Question:What does inspection consent mean in real estate?Real Estate:Real estate entails upgrading land within a given period by putting up structures for commercial purposes where natural resources surround the immediate environment. However, various ope...
In real estate, a concession is anything that makes a property or deal more attractive to buyers. Things like offering to help with closing costs, or repairs are considered concessions.
Thomas Shuler share their views on the possible impact of the results of the 1996 Presidential and congressional elections on the real estate industry. Wilkins claims that the re-election of Pres. Clinton is probably good for housing because his opponent Bob Dole had intended to scrap the Dept....
What Does Exclusive Right to Sell Mean? When you meet a real estate agent to interview to sell your house, they will likely bring an exclusive right to sell listing contract. The exclusive right of sale listing is the most common type of agreement. ...