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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent.

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Land of the First Boardwalk: Down Payment Assistance in New Jersey

HomeLight

Unfortunately, a tight real estate market with little inventory can make it challenging to find a house that fits your budget. Plus, down payment and closing costs in New Jersey can set you back thousands of dollars. The amount varies, but it is usually based on a percentage of the home’s purchase price.

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6 of the Top We Buy Houses for Cash Companies in Melbourne, Florida

HomeLight

Perhaps you need a fast home sale to start a new job. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. Close the sale and get paid quickly.

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Flat Fee MLS Companies in North Carolina to Sell Your FSBO Home

HomeLight

While the market is slowly cooling – or normalizing – home prices remain steady in many North Carolina cities and median days on market are relatively low, although today that can mean a week or two versus a day or two earlier this year. The “listing” refers to “a home for sale” in industry terms. Get Estimate.

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