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The term "Back On Market" (BOM) is used in the real estate sector. It indicates that a property that was once under contract is now available once more, frequently as a result of financing problems, buyer withdrawals, or unsuccessful inspections. Before making an offer, buyers should inquire as to why the sale did not go through, but they should also move swiftly.

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What does BOM mean in real estate financing?

IT is not common to see BOM being used in real estate financing, it is a commonly used abbreviation for "Back On Market." This could be because the financing fell through, causing the seller to put it back on the market.


What BOM mean in realestate?

In real estate, BOM stands for "Brokerage Open Market," which refers to a listing or property that is open for offers and negotiations from various buyers or brokers. It indicates that the property is actively being marketed and is available for sale, often with the expectation of receiving multiple offers. BOM can also imply that the property is in a competitive market environment, where buyers may need to act quickly.


What is the real name of park bom?

Her real name is Park Bom Lee but in english her name is Jenny Park Lee


What does BOE mean in real estate?

boe


What does NOI mean in real estate?

by the space


What does pending in real estate mean?

What does option pending mean?


What does real estate lease type RSF mean?

In real estate, RSF means rentable square feet.


What does real estate taxes mean?

The term "real estate taxes" means the taxes on the property that you own. Your real estate is the property itself. This tax is generally payed annually to your county.


In real estate what does LOB mean?

It could mean, "Line of Business".


What does ERA mean to a real estate broker?

Its the name of a real estate company. ERA. Not sure what that actually stands for though. sorry.


What does 'near freeway' mean in real estate?

That means that the real estate is located near the freeway. Freeway is synonymous with highway or expressway.


What does real estate abbreviation can mean?

In real estate, the abbreviation "RE" typically stands for "real estate." It can also refer to "real estate investment," which involves purchasing properties for profit. Additionally, "RE" may represent "real estate agent," a professional who assists buyers and sellers in property transactions. Overall, the abbreviation encompasses various aspects of the real estate industry.