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  2. For sale by owner - Wikipedia

    en.wikipedia.org/wiki/For_sale_by_owner

    A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.

  3. Lake Texoma - Wikipedia

    en.wikipedia.org/wiki/Lake_Texoma

    Lake Texoma is one of the largest reservoirs in the United States, the 12th-largest US Army Corps of Engineers' (USACE) lake, and the largest in USACE Tulsa District. [1] Lake Texoma is formed by Denison Dam on the Red River in Bryan County, Oklahoma , and Grayson County, Texas , about 726 miles (1,168 km) upstream from the mouth of the river.

  4. Definitions of highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The Appraisal Institute of Canada defines the term highest and best use as: The reasonably probable and legal use of property, that is physically possible, appropriately supported, and financially feasible, and that results in the highest value.

  5. Estate liquidation - Wikipedia

    en.wikipedia.org/wiki/Estate_liquidation

    An estate liquidation is similar to an estate sale in that the main concern or goal is to liquidate the estate (home, garage, sheds and yard) with an estate sale organization [1] There is no government regulation of the industry. There is also no formal training for estate liquidators. [2]

  6. Real estate - Wikipedia

    en.wikipedia.org/wiki/Real_estate

    Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

  7. Real estate business - Wikipedia

    en.wikipedia.org/wiki/Real_estate_business

    A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...

  8. Liquidation value - Wikipedia

    en.wikipedia.org/wiki/Liquidation_value

    The most common definition used by real estate appraisers is as follows [2] The most probable price that a specified interest in real property is likely to bring under all of the following conditions: Consummation of a sale will occur within a severely limited future marketing period specified by the client.

  9. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    Another sale contingency – Purchase or sale of the real estate is contingent on a successful sale or purchase of another piece of real estate. The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a ...

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