In real estate, a conditional offer is a condition of sale that is agreed upon by both the buyer and the seller. The time frame set is important when it comes to such offers because if the condition isn't met within the specified time, the agreement is void and the buyer receives the ...
Every contract is different, and the details of contingencies may vary by market, location, and evenhome type. In general, though, buyers may receive an option period of three to seven days, an inspection contingency of around 14 days, and a financing contingency of about 30 days. In some ...
Along with these essential details, a real estate contract must outline many of the details that often make or break a deal, and are usually very important to the buyer, including: what is included or excluded from the obvious real estate; the contingency for an inspection and when it is ...
An option contract is a type of contract that gives the person signing the contract the right to purchase real estate, personal...
Investors have a number of options if they wish to diversify their holdings and addreal estateto theirportfolios. Purchasing real property is one option, but that can come at a big cost and immense risk. Investors who buy properties—residential and/or commercial real estate—must be able to ...
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WHEN IS AN OFFER A CONTRACT? A STATE APPEALS COURT DECISION CLARIFIES WHAT IS IMPLIED BY A STANDARD REAL ESTATE FORMKaren Curran, Globe Correspondent
A real estate purchase agreement is a binding document outlining the property sale. Learn what it is, the contents of the house purchase agreement, and more.
A home appraisal is an estimate of the market value of a residential property at a specific point in time, completed by a professional. Once a home is under contract between the buyer and seller, a lender will typically require an appraisal during the underwriting process to determine whether ...
It is possible to create accounts with multiple firms. Advantages of an Investment Portfolio If you keep your money in the bank, it won't budge much. You might have a high-yield savings account, but its real returns will usually be much lower than what you could earn with an investment ...