What Does Under Contract Mean in Real Estate?
In real estate, a home is considered “under contract” when the seller has accepted a buyer’s offer in writing. This…
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In real estate, a home is considered “under contract” when the seller has accepted a buyer’s offer in writing. This…
Cap rate, or capitalization rate, is a key metric used in commercial real estate to assess the potential return on…
Contingent in real estate means that a property is under contract, but the sale is dependent on certain conditions being…
Community Conditions, Covenants and Restrictions (CC&R) are the rules, regulations and bylaws that govern a residential property in a planned…
REO stands for “real estate owned” and refers to properties that have been foreclosed on and taken back by the…
Internal Rate of Return (IRR) is a financial metric used to evaluate the profitability of an investment. It is the…
Real estate agents play a vital role in the home buying and selling process. They help buyers find their dream…
A short sale in real estate is when a homeowner sells their property for less than the amount they owe…
Pending is the status of a real estate property that has a signed purchase agreement between the buyer and seller….