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What is a seller's second mortgage?
The seller assigns keeps the first mortgage in his name, the buyer makes payments to the seller to cover the first mortgage and the sellers equity. It's sometimes called "seller financing" or "land contract".
What is a Cooperating Real Estate Firm?
A "cooperating" real estate firm is simply a competing real estate company that works with -- cooperates with -- another company. For example, Sunnyside Real Estate has a house for sale, and True Blue Agency is working with a buyer who is looking for a house to buy. The buyer is interested in the house at Sunnyside. An agent at True Blue shows the house to the buyer and the buyer makes an offer to buy. Sunnyside presents the offer to the seller. Sunnyside and True Blue are "cooperating" with each other to the benefit of their customer/client. Note that cooperation does not automatically include compensation. The firms should first come to a mutually agreeable compensation arrangement prior to showing.
Can a person break a contract between two people on a house and sell it to someone else?
Yes, in some cases. It depends on where you are in the process, and what else is going on. If you can find any loophole in the wording of the contract, you can withdraw at or before closing. In one case I heard of, a seller backed out because he wanted a cash payment and he refused to accept a cashier's check as an equivalent. But if the loan has cleared and the buyer's name is recorded, it officially belongs to the buyer, and realistically, if that was something you wanted to do, you shouldn't have accepted the buyer's offer in the first place. Buyers put money into the process, getting a home inspection, etc., and pulling out at the last minute is kind of a mean thing to do.
What are the steps of indenting business?
first you decided the final business if u choose indenting business it is purely commission business. steps first u take office on rent or buy it or work from home essential items are computer, phone, and good envirement.Then u have to decide in which item in your interest then search that market by physical and search on computer if u find importers then u have to found suppliers means u have find both ones after when buyer and seller are agreed to do business through you then your commission is to be final when the shipment is made.
What does contingent mean in real estate?
A real estate sale is contingent when the price has been agreed on but there are certain criteria that need to be met before the sale is final. Usually, these are things like inspections, appraisals, and mortgage approvals. If something goes wrong in one of the criteria, or contingencies, the buyer can typically renegotiate the price, request something be fixed, or even cancel the deal altogether.
Who issues performance bond first seller or buyer?
Buyer is the one who is purchasing the goods from the seller...hence..the buyer must issue a non-operative PB to the seller...and the seller will issue an operative PB to activate the PB.
Who gets in more trouble - the seller or the buyer of drugs in an illegal deal?
the seller considering they are the ones with the drugs in the first place
What is a seller's second mortgage?
The seller assigns keeps the first mortgage in his name, the buyer makes payments to the seller to cover the first mortgage and the sellers equity. It's sometimes called "seller financing" or "land contract".
When dealing with a diamond buyer should they quote a price first or should the seller?
There is no right or wrong way for giving or receiving a quote. Often, who quotes first will depend on the buyer.
How does eBay's transactions take place?
First, the buyer either wins the auction by outbidding others or using the buy-it-now feature. The buyer then needs to send the payment via PayPal or Credit Card. Then, the seller will ship the item. Once the item is recieved, either the buyer or seller can leave feedback about the product.
When was First Potomac Realty Trust created?
First Potomac Realty Trust was created in 1997.
Documentary letter of credit?
A DOCUMENTARY credit is frequently the agreed method of settlement for international trade. The buyer's bank reimburses the seller against presentation of documents drawn in compliance with conditions stipulated in the documentary credit by the buyer. There are advantages to both the buyer and seller when settlement is arranged by documentary letter of credit. First, the buyer knows that payment will only be made if the documents received comply strictly with the terms and conditions of the credit as stipulated by the buyer. Second, the seller knows that payment will be received provided the terms and conditions of the credit are strictly complied with.
What is the meaning of 'third-party software'?
The first two parties are the entity purchasing the software (the buyer), and the entity manufacturing the software (the seller).
What is the symbol for First Potomac Realty Trust in the NYSE?
The symbol for First Potomac Realty Trust in the NYSE is: FPO.
In what year did First Potomac Realty Trust - FPO - have its IPO?
First Potomac Realty Trust (FPO)had its IPO in 2003.
Who signs a service agreement first the buyer or seller?
The etiquette of business would seem to favor the seller making an offer of intent to sale a service therfore they would sign the agreement first in good faith that the transaction will take place as agreed.
Why would one choose to use a car broker?
If one was a first time buyer or unsure about how to buy a car then a broker can help by liaising between buyer and seller. It can make the process less stressful and time consuming.
