The term “active contingent” refers to a status given to a property listing on the market. When a property is labeled as active contingent, the seller has accepted an offer from a buyer. However, certain conditions or contingencies still need to be met before the sale can be finalized. T...
Contingenciesin a real estate contract allow either one of the parties to back out of the deal if certain specified conditions are not met. This could include a home inspection that reveals serious problems with the home or the purchase being contingent upon the buyer securing financing (see abo...
Related: How Does Buying a House As-Is Work? Why Can’t I Find an Affordable Starter Home? In December 2019, the national median existing-home price for all housing types was $274,500, according to National Association of Realtors data. Since then, home prices have skyrocketed. In August...
Danielle Hale, chief economist for real estate information company realtor.com, explains that market value is based on the expectation that the property would sell during the period the value is calculated. “When people think about home values, they often mean, ‘This is the pr...
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Even if these feature types exist, it doesn’t always mean the home will be worth more. It depends on the local area market and whether these features add more value. Recent Improvements Does the evaluated property have a new heating system and roof? Was the kitchen recently remodeled? These...
If your partner has children, does that mean you are not childless? Some people would think so, but do you? Thanksgiving is coming, which means you may be gathering with family and friends you don’t see often. You may find yourself sitting at the table with multiple generations, includ...
 Of course this is coming from tight supply and outside money pushing prices even higher. Much of this is also contingent on mortgage rates staying low. So is the middle class dream an illusion for Californians? Not in all areas, that is for s...
So what does being vested in your retirement plan mean anyway? Options vs. Stocks: What's the Difference? So what are options, what are stocks, and how are they different from each other? RSUs have long been a favorite compensation mechanic in the tec...
s worth hiring a competent real estate agent or attorney to review the documents regarding the sale,” Serr advises. “Homeowner disputes can be lengthy and costly, so if you notice any red flags regarding the property, purchase agreement or disclosure, ask your Realtor to ask t...