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13 wrz 2024 · A larger down payment means the buyer will need to borrow less money from a lender, which may affect the interest rate, mortgage insurance and other terms. What Might This Mean in the Real World?...
14 wrz 2024 · A contingency in real estate refers to a condition or requirement that must be fulfilled for a real estate transaction to proceed. In other words, it's a clause in a purchase agreement that allows a buyer or seller to back out of the deal if certain conditions aren’t met.
20 mar 2023 · When searching for a home or applying for a mortgage, you may hear your real estate agent or lender use any of the terms or acronyms below. Keep this guide handy — you'll be fluent in the language of home buying before you know it.
13 lis 2023 · Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients. Even if you know every one of the 136 real estate terms on this list and how to use them, your clients expect you to be their interpreter.
We’ve compiled an ever-growing list of 52 real estate terms you should know to help you better understand the process and plan your move. The following are the real estate terms we’ll explain (in the table of contents, we’ve grouped the terms by category, and we’ll explain them in alphabetical order below): General real estate terms. As-is.
17 kwi 2022 · What is a real estate contingency? A real estate contingency is a part of the purchase and sale contract that details specific, measurable conditions that must be met by a preset deadline to successfully advance the deal. If the conditions are not met, the buyer can choose to terminate the contract. Real estate contingencies come in a couple ...
8 lip 2024 · Learn top real estate definitions every investor needs to know. Including examples, formulas and tips to explain real estate investing.
