In real estate, a "scavenger" typically refers to an investor or buyer who seeks out undervalued or distressed properties, often purchasing them at a low price with the intention of renovating or reselling for a profit. This term can also describe someone who capitalizes on market downturns or foreclosures to acquire properties that others might overlook. Scavengers often have a keen eye for potential and may be skilled at identifying investment opportunities in challenging markets.
What does option pending mean?
It could mean, "Line of Business".
In real estate language this means that there is no active listing for the condominium, advertising it for sale.
Price change
REO is an abbreviation for Real Estate Owned and refers to property which is in the possession of a lender as a result of foreclosure or forfeiture.
boe
by the space
What does option pending mean?
In real estate, RSF means rentable square feet.
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.
It could mean, "Line of Business".
Its the name of a real estate company. ERA. Not sure what that actually stands for though. sorry.
That means that the real estate is located near the freeway. Freeway is synonymous with highway or expressway.
In real estate language this means that there is no active listing for the condominium, advertising it for sale.
Price change
'props' is short for 'properties'.
I believe you mean 'escrow'.