i am in similar dilema, signed lease purchase 17 month ago, due to settle next month. house value was 400,000 at signing, now valued at 240,000. I intend to offer an adjusted price of 330,000, thus meeting seller approx half way from original price to current market value, do not know what legal grounds may be involved, altho my other option is walk away and lose 40,000 escrow deposit and be open to any legal efforts on seller's part. any out there with some semblance of guidance?
Sharp Family Residential Ensemble was created in 1895.
Residential land is a place where people build single- family homes, multiple family homes, and condos to live there.
A residential area is a land use in which housing predominates, as opposed to industrial and commercial areas. Housing may vary significantly between, and through, residential areas. These include single-family housing, multi-family residential, or mobile homes.
Real estate development includes the construction of residential single-family houses
In The Sims and The Sims 2, families go into the family bin when they are moved out of a residential lot. In The Sims 3, families have unlimited uses, meaning that they will only disappear out of the bin if deleted.
Residential two family
I live in a residential neighborhood. ---- Residential means relating to or consisting of private housing rather than offices or factories. About 80 percent of residential energy use is consumed in single family homes, while 15 percent is consumed in multi-family dwellings such as apartments, and 5 percent is consumed in mobile homes.
The amount of insurance a family should have on a residential home depends on the type of home, the square footage of the home, if it requires flood insurance and if the home owner wants to cover property loss.
Properties that are zoned for single family home, townhouses or apartments
multiple family residential for triplex to 8-plex
Residential - townhouse. attached and detached single and multi family housing.
No witness is required for a contract. It only helps validate the agreement.