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2 days ago · In commercial real estate, syndication is when investors pool their capital in order to purchase an asset — in this case, a multifamily property such as an apartment building, townhouses, condos, and other related structures. While syndication is done for other asset types, its advantages for multifamily assets are clear:
1 day ago · Residential real estate primarily provides living spaces for individuals and families. Common property types include single-family homes, condos, townhouses, and multi-family units. Lease Terms: Residential leases are typically short-term, ranging from six months to a year, with the option for renewal.
5 days ago · The designation “realtor” often gets thrown around interchangeably with “real estate agent,” yet it signifies a membership with the National Association of Realtors (NAR). This membership isn’t just for show; it distinguishes those agents who adhere to a strict code of ethics designed by the NAR. This code not only mandates that ...
3 days ago · The term “Active Under Contract” is used to denote that a seller has accepted an offer on a property, but certain conditions—known as contingencies—need to be met before the sale can proceed to closure. Although a contractual agreement has been made, these contingencies keep the agreement from being finalized. This status is a signal ...
1 day ago · 3. Calculate Additional Costs: When buying a house as-is, it’s crucial to anticipate extra costs beyond the purchase price. These include immediate repairs, property taxes, homeowner’s insurance, and closing costs. Create a detailed budget that accounts for these expenses.
A subsidiary is a separate entity with its own legal identity. It can enter into contracts, own assets, incur liabilities and employ staff. Both a branch and a division are part of a company and are not separate entities.
2 days ago · Yes, the seller may have multiple offers and you may end up back on the house hunting trail. But, it’s better to keep looking for a house you can afford than to default on your mortgage and end ...
