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Nov 13, 2023 · A Realtor is a real estate agent who is a dues-paying member of the National Association of Realtors. NAR members are held to a high standard of professionalism and adhere to a strict code of ethics. Refinance. If a borrower takes out a new loan on the same property, it’s called a refinance.
Apr 5, 2023 · The expression “As Is” is a phrase commonly utilized in real estate, referring to a property’s state without any fixes or renovations from the seller. This means that the seller is not responsible for any repairs or renovations. When a property is sold “As Is,” the buyer assumes all responsibility for any issues or defects that may be ...
Get started with common real estate terminology every investor should know: Appraisal: The appraisal is an independent survey conducted by a lender to determine a property’s value, based on its condition and comparable listings. This process helps validate the agreed upon purchase price between a buyer and seller.
Aug 12, 2022 · Real estate agents are licensed professionals who get compensated for representing buyers and sellers in property transactions. For sellers, they help with listing a home, setting a price and ...
May 20, 2020 · Notably, however, the phrase “as is” does not mean that the purchaser can never make requests regarding the condition of the property. It simply means that the buyer acknowledges that the condition of the property is “baked in” to the purchase price agreed upon in the contract of sale. As such, a buyer knows not to “nitpick” at ...
Apr 25, 2024 · A realtors’ trade group has agreed to a major settlement that could mean lower fees for home sellers. Whizy Kim is a reporter covering how the world's wealthiest people wield influence ...
About. I’m Sami Parker (aka Sami Addams, aka Sana Wilson), and this is my little corner I’m building for holding a few projects: The rest is pretty much what it says on the tin. Professionally, I do social work/sociology in a US university regarding gender and sexuality, gender/orientation identity development, and diversity education. I ...
