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Here are 10 crucial questions to ask both yourself and others when buying a house. 1. What’s my total budget? Don’t waste your time looking at houses without first understanding how much house ...
That customary rate is no longer the default. Sellers can now expect to be asked for just one side of the commission pot, or what would now average 2.5% to 3%. "For the first time now, buyers will ...
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Housing segregation affects the development of concentrated areas of poverty, especially among racial minorities groups. [ 14][ 15] Housing segregation interacts with existing poverty rates among minority groups, especially African Americans and Latinos, to perpetuate the cycle of poor people moving into concentrated areas of poverty.
A cash offer refers to an offer made to purchase real estate submitted by purchasers who do not require any financing since they do not require a mortgage. The purchase is referred to as an "all-cash buyer." Such a buyer may also waive the appraisal, although not necessarily, since the contingency may exist to test or ensure the property's ...
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A mortgage is a legal instrument of the common law which is used to create a security interest in real property held by a lender as a security for a debt, usually a mortgage loan. Hypothec is the corresponding term in civil law jurisdictions, albeit with a wider sense, as it also covers non-possessory lien . A mortgage in itself is not a debt ...