Active contingent means the same thing as “contingent.” A seller has accepted a buyer’s offer, and the property is technically off the market. The owner cannot accept a better offer from another buyer unless the original buyer does not proceed with the sale. Agents also refer to this as...
If there is a contingent house or pending house that you simply can’t miss out on, it doesn’t hurt to write a personal plea to the current homeowners. Regardless of the posted status or what the listing agent says, it’s not always possible to know the dynamics of a home sale. If...
proceeds. This designation acts as a safeguard, ensuring that the death benefit does not go unclaimed or end up in the wrong hands. Having a contingent beneficiary is essential for effectively protecting your loved ones and ensuring your life insurance policy is distributed according to your wishes...
Artificial intelligence continues to be implemented in the real estate industry, and it can be a helpful tool, if used properly. Kristi WaterworthJan. 14, 2025 What Is Condemnation in Real Estate? Yes, the government can take your property, and here’s how it does that. Maryalene LaPonsie...
What is a hireling? What are contingent liabilities? What is inventory cost? What is payables float? What is receivables float? What is inventory and types of inventory? What is underapplied overhead? What is inventory management? What is a listing of liabilities?
Once all documents are signed, and the funds are transferred, the property is officially considered “closed.” The buyer will now take possession. Once a property is sold, additional information, like the sale price, becomes public. Contingent (CTG) ...
What Is a Land Survey, and When Do You Need One? You need a land survey to determine property lines. But what do they cost? COI scenarios Situations that may require a COI include: Home remodel: Homeowners can request COIs from any contractor doing work at their property. Construction pr...
“closing” – associated with a real estate sale. It can take a couple of months between signing a purchase agreement and reaching closing day. For homebuyers, closing is the day they officially take over ownership of the property and receive the keys. For sellers, closing is the day they...
As it is shown in the first part of this short essay, duality plus conservation laws allow the violation of Bell’s inequalities for any spatio-temporal separation. To dig deeper into particle dualism, in the second part, a class of models is proposed as a working framework. It encompasses...
your financial situation and loan type. For instance, if you haveFFEL loans, your best option to avoid consolidation is to go for the Income-Based Repayment Plan. If you’re a parent who took out a loan for your child’s education, your only option is the Income-Contingent Repayment ...