What Does Contract Pending Mean in Real Estate? Buying a home is a process that involves multiple steps after the buyer and seller have entered into a contract. This is why a property will be pending even after an offer has been accepted. During this pending phase, a third party intermediar...
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...
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...
It would not be unusual to see a listing status you are unfamiliar with in a listing when you have not bought or sold for a while. Before going out house hunting, it is essential to understand their definitions. From experience, many don’t know the statuses that well. By the time you...
A significant amount of real estate agents or others in the industry could also assume an estate sale to mean selling a house of one of the heirs. Both meanings of an “estate sale” are considered proper. In some areas of the country, estate sales are also called “tag sales.” ...
What DoesBelow GradeMean? Below grade in real estate is a term that describes a space that is below ground level. This is usually referred to as a basement. Real Estate Agent ExplainsBelow Grade Below grade areas are usually referred to as basements, but the definition is more specific than...
REtipster does not provide legal advice.The information in this article can be impacted by many unique variables. Always consult with a qualified legal professional before taking action. Share Pin What does it mean to buy a property "Subject To"?
The book sold so well Virtue took her teachings on the road, lecturing to audiences around the world about angel numbers. She went on to publish more than 50 books and tarot card sets in 38 languages worldwide, and appeared onThe View,Sally Jessy Raphael, andOprah(twice).“I was being ...
The absorption rate is commonly used in the real estate market to determine how many homes are sold at a particular time. The equation can determine how long it would take to sell the supply of homes on the market. Realtors, appraisers, and lending institutions use absorption rates to unders...
In home prices, mean reversion can be either rapid or gradual. Home prices may move quickly to a point that puts them back in line with the long-term average, or they may stay constant until the long-term average catches up with them. ...