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 ...
What does "Acquisition" mean in real estate? In real estate, the word "acquisition" is used to describe the effort, action, and process of buying a property. Roles and Responsibilities of an Acquisitions Department In every type of real estate investing business, there is a person or departme...
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...
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...
When a real estate contract is listed as pending, it means that the contract has been accepted, but the deal hasn't yet been closed. Buyer Investigation and Loan Application Once the seller has accepted an offer, the buyer is allotted a certain number of days to investigate the property. ...
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...
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. A contingent offer is widespread in most sales. However, buyers often ...
What Rising Interest Rates Would Mean for Real Estate InvestingHowe, Michael
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...