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...
Even after settling on a type, such as residential real estate, you’ll still have to decide on the specific type of property to buy. To make things a little easier for beginners, we’ll focus on the quintessential residential property:single family rentals(SFR). In this guide, we’ll a...
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 ...
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...
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...
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...
Answer to: What does inspection consent mean in real estate? By signing up, you'll get thousands of step-by-step solutions to your homework...
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 ...
How long does an exclusive right-of-sale contract typically last? An exclusive right of sale typically lasts between 60-180 days. During this period, the seller grants exclusive rights to a specificreal estate brokerageto represent them in selling their property. ...