0
Add your answer:
Earn +20 pts
When a condo is off the market in real estate language what does this mean?
In real estate language this means that there is no active listing for the condominium, advertising it for sale.
In real estate listings what is the definition of off market?
Well this really depends. Generally, off the market is a subcategory. For example, the listing can say: POM: This means permanently off the market TOM: This can mean Temporarily off the market If the listing doesn't designate the status more specifically, I would suggest calling the broker associated with the listing and see if it is simply off the market because the owner decided not to sell or rent. Think Properties NYC
What is a parcel of real estate?
Parcel is used to describe a segment of land.although it has been cut off from a huge piece of land, which has been put up for sale. Real estate is in simple terms, a piece of land containing both usual and fixed property.
If you take your house off the market do you owe the estate agent any fee?
Typically no but it depends on the listing agreement you signed. Read it carefully. If the listing period has expired many listing agreements state that if a person was shown your property during the time it was listed and wants to buy it after the listing has expired you may still owe the Real Estate Company a commission. Most listing agreements speak to this in the agreement with a time period - like 180 day - after the listing has expired. This is the way a Real Estate Broker protects themselves from people trying to go around them by dealing directly with the seller.
What is off market?
Well the meaning for 'off market' is . It' means that the property has been removed from the market. Reason could be that the listing expired, the seller changed their mind.
What does off the market in real estate mean?
What does off the market really mean does it mean that the house is sold or is awaiting to be closed on.
When a condo is off the market in real estate language what does this mean?
In real estate language this means that there is no active listing for the condominium, advertising it for sale.
In real estate listings what is the definition of off market?
Well this really depends. Generally, off the market is a subcategory. For example, the listing can say: POM: This means permanently off the market TOM: This can mean Temporarily off the market If the listing doesn't designate the status more specifically, I would suggest calling the broker associated with the listing and see if it is simply off the market because the owner decided not to sell or rent. Think Properties NYC
Do I have to have a real estate agent if I want to place my home for sale?
No you don't need a real estate agent to sell your home. You may be better off using a real estate professional as they would be best suited to facilitate the transaction. To try and save the large commission that traditional real estate agents get, many people are now going with For Sale By Owner. This company will give you all the materials and instructions to put your house on the market.
How Can A Real Estate Agent Help Me Navigate the Pasadena Housing Market?
A real estate agent can provide invaluable assistance in navigating the Pasadena housing market. Here are the top three ways they can help: Local market expertise: A knowledgeable agent will have a deep understanding of the Pasadena housing market, including pricing trends, neighborhood dynamics, and market conditions. They can provide guidance on when to buy or sell, helping you make informed decisions. Access to listings: Real estate agents have access to a wide range of listings, including off-market properties and upcoming listings. They can help you find properties that align with your preferences and negotiate favorable terms on your behalf. Negotiation skills: Negotiating is a crucial aspect of any real estate transaction. A skilled agent can represent your interests, negotiate offers, and counteroffers, and ensure you get the best possible deal. Their expertise can save you time, money, and potential pitfalls. Remember, finding the best real estate agent in Pasadena is a process that requires careful consideration. By evaluating their qualities, conducting interviews, and assessing their reputation, you can increase your chances of finding an agent who will guide you through a successful real estate transaction.
I have a few rental properties all rented out. Would like to get cash out of them to pay off some other bills. How hard is this to do?
You'll need to sell your properties, or take out an additional mortgage. How hard it is to do depends on your local real estate market and how much equity you have in the properties. Consult a real estate agent for help.
How can you profit in down market real estate?
Buying right. But that's true in any market. You can't make money in real estate if you overspend, unless you are in for a long term hold. And in a down market one way to make a profit is to buy in bulk at an even greater discount, finish things off if they're new construction, or hold and rent til the market returns, if you can rent. But today that requires cash, lots of it -- called in some quarters "vulture funds". Anything else is pure gambling on the future. Alternatively, find another market sector to invest in. Investing in real estate, as recent history has shown, is not for the amateur, and I consider even Goldman Sachs amateurs.
Are you interested in exploring off-market or distressed properties for potential investment opportunities?
Considering off-market or distressed properties for investment? Connect with Remaxstar Estate Agents Ilford. Unlock opportunities at estateagentsilford.co.uk.
How do you get a co-borrower off a mortgage?
You need to pay off the mortgage and refinance in your own name if you are the sole owner of the real estate.
What are two industries or businesses where salesman often work off commission?
Real Estate Car Dealerships
What can you do if heirs can not be found to sign off on warranty deed?
That is a serious legal situation. A decedent's estate that has real property must be probated in order for title to the real estate to pass to the heirs legally. If there are heirs that cannot be located the administrator or executor of the estate can petition the court for a license to sell the real estate. It can then be sold during the probate proceeding. You need to consult with the attorney who is handling the estate or hire an attorney to handle the estate if a probate has not been filed.
What is the standard time-frame for repayment of real estate loans?
A typical small real estate loan takes 20 to 30 years to pay off. This time frame could decrease, depending on the amount of the payments.
