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The advantage of having a real estate short sale is that the seller avoids a foreclosure, does not take a toll on one's credit rating or FICO number. The buyer moves into a new home at a big discount, the lenders also dont have to take part in a long, drawn out sale process.
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What is a short sale in real estate?
A short sale is a sale in real estate, in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property, and the property owner cannot afford to repay the liens' full amounts and where the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt.
What does a Broker In Charge do?
A Broker-In-Charge is basically the supervisor or manager of the real estate office. By law, every real estate office must have an appointed Broker-In-Charge, also called a BIC for short.
How do you start investing in real estate?
To start investing in real estate first of all first you will have to get license later it you can buy or sell real estate asset. Clarification: You do not need a license to invest in real estate. You need to be licensed to be a real estate agent, but to invest you simply need to be able to sign a contract.
Where can one find real estate investment classes?
Real estate investment classes can be held at any local real estate services. A majority of real estate business's offer classes to people to encourage them to join the team or buy real estate.
How do you back a real estate mortgage?
Backing a real estate mortgage involves using the property as collateral for the loan, securing it until repayment.
Does a designated officer of a licensed real estate corporation need a real estate license?
Having the license would certainly be an advantage in real estate, which is a business with a lot of gray areas of ethics.
What is the advantage of buying real estate which says Sale by owner?
There can be many advantages to purchasing real estate from an individual seller opposed to a real estate company. The biggest advantage to buying from an individual is the ability to talk them down on the price.
What are the best real estate firms in Oregon?
Zillow real estate is within Oregon. The Advantage Real Estate has offices within Oregon as well as other places around the country. Both of these are good to look into.
What does props mean in real estate?
'props' is short for 'properties'.
How can you act as your own real estate agent without a broker?
If a person has an active real estate license, they also have a broker. Having a real estate license without placing it with a brokerage means the license is inactive. In selling his/her home, a person with an inactive license would have to disclose having a real estate license, and then do a For Sale By Owner. A person with no real estate license can sell a home as a FSBO.
What is NIREM?
NIREM is the short form of IDS National Institute of Real Estate Management which is a management institute. It offers educational programs and courses in different areas of real estate such as real estate management, real estate marketing, real estate sales, real estate finance, real estate investment, real estate appraisal etc at the levels of PG Diploma and Diploma. It also offers certificate in real estate management. Apart from the above, NIREM also conducts management development programs in real estate. probably the first institute in India that offers real estate education.
What does ssa stand for in real estate listings?
Short Sale Advisory ~ or Short Sale Addendum
What is meant by real estate business?
In short Real estate business means buying home or land and selling it on ryt time with the profit.nothing else
Which of the following real estate investments involves purchasing real estate and selling it for profit within a short period of time?
flipping
What does the pa real estate provide?
PA real estate provides real estate services in Pennsylvania. This includes helping one sell a home, purchase a home and having agents around to discuss issues.
How can you start real estate business?
Starting a real estate business means having to put your best investment on it. Knowing what your goals are, will help you plan out your short and long term goals in real estate. First, study local markets that are good places to start your real estate investments. Second, analyze the market trend for each local markets, calculate the ROI and decide which of the local markets could give you better profits in in the long run. Third, as for assistance from a trusted real estate agent, a real estate lawyer or a broker to help you in decision making about your plans.
How do you protect yourself when buying land in Louisiana from a private owner?
You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.
