What is encroachment in real estate? 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...
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 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...
A concession's dollar amount is included in the real estate contract. The seller might concede that the property needs a bit of work, so she might offer a $5,000 concession to compensate for this. She might also just be eager to sell, so she's willing to pick up some of your costs...
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...
Does this mean real estate commissions are now negotiable?Well, technically, real estate commissions always have been negotiable— a theme NAR long has stressed. Practically, though, the picture gets complicated. In many cases, Realtors are more skilled at negotiating than their clients, so the ...
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. ...