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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...
Another typical question buyers and sellers have iswhat active under contract means. The active contingent meaning is pretty straightforward. 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 ...
What is the definition of a perpetuity? What does it mean when an asset is referred to as a current asset? Explain. What is the meaning of an e-mandate in "mutual funds"? Define the following term: Tangible and intangible assets. ...
As most people understand it, the penthouse is the top floor of ahigh-rise or mid-rise buildingand the word generally connotes exclusivity and luxury. The penthouse may have the best views of any unit in the building, higher ceilings and may have a layout that is unique among all the ...
6 Holiday Front Porch Decor Ideas Spruce up your outdoor space this holiday season with these easy decorating tips. Liz Brumer-SmithDec. 12, 2024 Is Rent Due After a Natural Disaster? Learn tenant and landlord responsibilities after a catastrophe and the legal steps you need to ...
A Single Premium Immediate Annuity (sometimes referred to as an "SPIA") may be the right annuity for you if you are looking for payments that begin right away and continue for the rest of your life or for a specified period of time. The annuity is purchased from an insurance company ...
Closing on a house is a complex process that takes several weeks and involves many steps for you and your lender. On closing day, you’ll sign a stack of documents, pay closing costs and receive the keys to your house. Several issues can delay closing, including a low home appraisal, fa...
"And, to add insult to injury, the shortage of these resale homes on the market has caused entry-level homes to surge in value, where new homebuyers are already competing with developers paying all cash for teardowns," Cancel says. READ: Should You Buy a House With Cash? Is It Cheaper...
the house is worth. If the property is determined to be of lower value than the negotiated sale, themortgage lenderis not going to loan at the selling price. A low home appraisal could trigger a contingency clause, allowing the buyer to request a lower price or back out of the ...