What does it mean in real estate? If you see a property deed, you may notice your name is listed one time and then never again. My agent says it's only the second buy he's had this year that didn't appraise. That must be a typo? 11% of the mega-wealthy swear by this investment… The richest in the world have made their fortunes in many ways, but there is one common thread for many of them: They made real estate … An attorney should then read the abstract and comment on any problems discovered. It was wrong for my realtor o change the status of my house as "Under Agreement". When searching for a home for sale, you may have encountered a variety of different sales statuses online.Beyond just “for sale” and “closed,” you may have also seen other common sales statuses such as “pending” or “contingent.” These phrases indicate where in the sales process the home is in. This term is used most often in real estate investing and people looking to flip a home. What Does Et Al. Real estate is the most personal business in the world, so where are you going to start? What an Abstract of Title Could Contain . REIT stands for Real Estate Investment Trust. Funding is the process of having the mortgage lender release funds to the escrow before closing a real estate transaction. What Does "Encumbrances" Mean in Real Estate?. I am looking at American property and i found this house, it said it had 5000sq ft under air and 11000sq ft under roof, what does that mean? Michelle has been specializing in residential real estate since 2001 throughout Wellington Florida and the surrounding area. An expired listing is a property that has not sold by the end of the period stipulated in the listing contract between the seller and the listing agent. Top OBO abbreviation related to Real Estate: Or Best Offer "Encumbrances" is a real estate term that is used to describe something obstructive. During a transaction that requires a substantial amount of money, like a real estate purchase, trusting the person on the other side of the deal is essential to the success of a deal being made. ; Mode - The most frequently occurring value. What does this mean? Part of the series: Real Estate Help. phrase being used in the document. What Does Contingent Mean in Real Estate? What does it mean when a real estate listing expires? In real estate markets where prices fall significantly, homeowners can end up owing more money than the house is actually worth. inRead more Et al. So you have finally reached the end of the long and tedious process of buying or selling a home. One of the most significant obligations is the agreed-upon date for the closing. Once you have narrowed down your criteria, it is best to work with a real estate professional who has expertise in the marketplace and can help you to make an informed decision. In real estate, an absorption rate is a measure of supply that calculates the rate at which the supply of properties in a specific market are sold. What Does "Settlement" Mean In Real Estate? He does not have a "real estate" license but says he is the park real estate agent. Phone 617-776-8304 Email [email protected] Address 2326 Massachusetts Avenue Cambridge, MA 02140. Before we get to the real estate specific examples, let's quickly review the definition of each term: Mean - The sum of values divided by the number of values. Question: There is a house next door to me that is bank-owned. This does not mean you are left out of the deed. People that know you best, your friends, your family. WHAT DOES MONTHS OF INVEN TORY MEAN FOR REAL ESTATE?
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