The Language of Real Estate – Learning Real Estate one word (or phrase) at a time…
Able
Refers to financial ability in the phrase “ready, willing, and able buyer,” used to determine whether a broker is entitled to a commission.
It does not mean that the buyer must have all the cash for the purchase but that the buyer must be able to qualify for and arrange the necessary financing within the time specified in the purchase agreement.
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Learning Real Estate One Word (or Phrase) at a Time The Language of Real Estate – Learning Real Estate One Word (or Phrase) at a
What will happen with interest rates, and are we looking at financial insolvency/crisis again? It is an election year, so it is hard to say,
The Language of Real Estate – Learning Real Estate One Word (or Phrase) at a time… Accommodating Party Section 1031 of the Internal Revenue Code
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