Picture this. You’re scrolling through home listings online when one catches your eye. But it’s labeled pending. Does that mean it’s still available or not? In the real estate world, pending means a property offer has been accepted and the contingencies met, but the sale hasn’t been ...
What Does It Mean When A House Is Pending? When a home has a pending offer, it means a buyer has made an offer that the property’s seller has accepted. The seller and buyer are just waiting to close on the sale. When a home is pending, other buyers can’t try to outbid the buy...
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 ...
In addition to the escrow company, several other entities are involved to ensure a successful exchange of the property between the buyer and seller. For a standard sale, this contract pending status can last between 30 and 45 days. Tips When a real estate contract is listed as pending, it ...
Below grade in real estate is a term that describes a space that is below ground level. Learn about why this term matters when in the real estate market.
Abeles, Randy D
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 "Syndication" Mean in Real Estate? In the real estate industry, syndication is a way for a group of people to pool their money and talents to invest in real estate. Real estate syndications give investors more buying power than they would have individually, which opens up more op...
What Contingent Means in Real Estate Many consumers ask, what does contingent mean?” The contingent definition is that the seller has accepted a real estate contract with contingencies. Certain contingencies must be met for the purchase agreement to be satisfied. ...
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...