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What does option pending mean?
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What does contract pending mean realestate?
"Contract pending" in real estate refers to a situation in which the buyer and seller have signed a purchase agreement and agreed on terms, but the sale has not yet closed. Before the deal is completed, requirements like financing, inspections, and appraisals must be met during this time. Technically, the property is still not for sale.
What does option pending mean in real estate?
When a buyer is within the option period—a brief window of time to view the property and potentially withdraw—the seller has accepted an offer, and the buyer is said to be "option pending" in that context. The deal may still fall through during this due diligence phase because it isn't yet fully under contract.
In real estate what does LOB mean?
It could mean, "Line of Business".
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.
When a condo is off the market in real estate language what does this mean?
In real estate language this means that there is no active listing for the condominium, advertising it for sale.
Can you buy a real estate property that has a sale pending?
No. A sale pending implies that the property is under a binding contract.
A real estate agent should tell the buyer his costumer what?
A pending or recent zoning change
What does contract pending mean realestate?
"Contract pending" in real estate refers to a situation in which the buyer and seller have signed a purchase agreement and agreed on terms, but the sale has not yet closed. Before the deal is completed, requirements like financing, inspections, and appraisals must be met during this time. Technically, the property is still not for sale.
What does option pending mean in real estate?
When a buyer is within the option period—a brief window of time to view the property and potentially withdraw—the seller has accepted an offer, and the buyer is said to be "option pending" in that context. The deal may still fall through during this due diligence phase because it isn't yet fully under contract.
Can you quit a real estate agency with commissions pending and still get them?
No, the Real Estate agent is attached to the broker, the broker is the one the listings are with, an agent is not allowed to be paid directly in most states, so it is at the brokers discression or company policy, but not likely.
What does BOE mean in real estate?
boe
What does NOI mean in real estate?
by the space
What does real estate lease type RSF mean?
In real estate, RSF means rentable square feet.
What does pending property mean?
Pending property refers to a real estate listing that has received an accepted offer from a buyer but has not yet completed the closing process. During this period, the property is typically taken off the market, and the seller is not considering other offers. The pending status indicates that the sale is in progress, but it can still fall through if certain conditions are not met, such as financing or inspection issues.
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 PA stand for?
"PA" It actually means PENDING APPROVAL when it is a short sale through the lender
In real estate what does LOB mean?
It could mean, "Line of Business".
