So, instead of changing the status to conditional, they will mark it as pending in the multiple listing service (MLS). In some real estate markets, a contingent home might have its days on the market continue to increase as if it were still active for sale. Instead of the market time c...
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 "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...
RELATED:What Does a Real Estate Syndication Really Mean? Joe Fairless Explains… Real Estate Syndication Crowdfunding Prior to the JOBS Act of 2012[3], syndication was essentially limited toaccredited investors. However, regulation A+ rules approved by the SEC opened the door for everyone to invest...
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 ba...
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 pending mean on a house? When a property is pending, it means the seller accepted a buyer’s offer, and both parties agreed to a contract and met their shared requirements. A pending home is in the final stages ofescrowand the closing process, which involves transferring property...
What Does "Status Active" Mean in Real Estate? Tips A property that's listed with an "Active" status is available for sale, without any pending contracts or contingencies. Status Active Subcategories "Active" status may be further broken down into subcategories. "Active Contingent" means the ...
Once the loan application is approved, the house has been appraised, a preliminary title report has been produced and the buyer investigations have been completed, the lender will disburse the funds to the escrow account. A buyer that submits an all cash offer does not have to wait on a lo...
SRES stands for Senior Real Estate Specialist.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 ser...