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  2. Real Estate Definitions Every Seller Should Know - AOL

    www.aol.com/news/2010-09-14-terms-every-seller...

    Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...

  3. 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.

  4. Bargain and sale deed - Wikipedia

    en.wikipedia.org/wiki/Bargain_and_sale_deed

    A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and referees. [ citation needed ] The fact that it comes without any warranties from the government means that the new owner may not have a good title.

  5. 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 ...

  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. Assessor's parcel number - Wikipedia

    en.wikipedia.org/wiki/Assessor's_Parcel_Number

    An assessor's parcel number, or APN, is a number assigned to parcels of real property by the tax assessor of a particular jurisdiction for purposes of identification and record-keeping. The assigned number is unique within the particular jurisdiction, and may conform to certain formatting standards that convey basic identifying information such ...

  8. Pocket listing - Wikipedia

    en.wikipedia.org/wiki/Pocket_listing

    A real estate company which is not a member of any MLS may have pocket listings, but may still be willing to cooperate with other real estate professionals in the sale of their listings. A broker or agent having a Pocket Listing can sometimes imply that the property will be sold directly to a buyer by the seller's agent.

  9. Starter home - Wikipedia

    en.wikipedia.org/wiki/Starter_home

    In the real estate industry the term commonly denotes small one- or two-bedroom houses, often older homes but sometimes low-cost new developments. The concept originated in the United States during the post-World War II era when entry-level home ownership was a preferred option for young families and regarded as part of the American Dream .

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