Able – As in “Ready, willing, and able”

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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