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What does pending mean? When an offer on a home has been accepted and is now under contract, it’s listed as “pending.” In other words, Lingscheit shares, if a home is pending it has “an ...
In United States law, a lis pendens (Latin for 'suit pending' [1]) is a written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice is usually filed in the county land records office.
Mean days to pending: 78 Mean days to close: 30 Methodology: For this piece GOBankingRates looked at the 200 largest metro statistical areas (MSA) according to real estate market and found the ...
Pendente lite is a Latin term meaning "awaiting the litigation" or "pending the litigation" which applies to court orders which are in effect while a matter (such as a sale of goods or a divorce) is pending. [1] In divorce cases, a pendente lite order is often used to provide for the support of the lower income spouse while the legal process ...
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Unless you’re a licensed real estate agent, you’ve probably smiled blankly and nodded at a word you didn’t understand while house hunting (or watching Selling...
It’s the lowest pending-sales figure recorded in the 22 years since the NAR began tracking the statistic. Don’t miss Commercial real estate has outperformed the S&P 500 over 25 years.
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser.A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.