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So You Want To Purchase A Power Of Sale, Do You?

Toronto Realty Blog

TorontoRealtyBlog I’ll tell you which call I have not received in quite some time: the good, ‘ole, “power of sale” seeker. A power of sale can come in many different shapes and sizes. There’s a common misconception that all power of sales are for run-down properties, but they’re not.

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The Top 5 Legal Issues Every Real Estate Agent Needs to Know

Broke Agent Media

But any details found to be incorrect (or missing) can land you in court and do real damage to your credibility and, ultimately, your success as a real estate agent. Let’s say, for example, you use the square footage for a property that was on a previous MLS listing—or it was given to you by the seller.

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Luxury Real Estate Pros Reveal Marketing Secrets Used to Sell Miami Beach Property for a Record-Setting $75 Million

RIS Media

At press time, that number set a record as the most expensive sale in the history of Miami real estate. The waterfront mansion, located at 8 Star Island Drive, sits on nearly two acres of land on the ultra-exclusive Star Island, a man-made island connected by a causeway. Who wants to purchase a home for almost $80 million?

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How Long Does a Short Sale Take? What to Expect When You’re Buying Short

HomeLight

And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. Though short sales aren’t as prevalent today as they were following the Great Recession , they’re not impossible to find, and good deals for buyers can still be had. What exactly is a short sale? It’s a long sale.

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The Meaning of Active Under Contract Explained

Realty Biz

In some places, active under contract indicates that a contract has been signed but is contingent on certain conditions being met before the sale is finalized. In other locations, the sale may be referred to as being contingent in the multiple listing service (MLS). Anything serious found may lead to the sale not completing.

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Much Ado About Estate Sales

Toronto Realty Blog

I have a feeling that most of you would side with me on this one and think of “estate” as a piece of land. an extensive area of land in the country, usually with a large house, owned by one person, family, or organization. These sales can be anything from easy and common, to downright nightmarish.

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How to Sell a House by Owner in Texas

HomeLight

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. That 6% is deducted from the seller’s proceeds at closing.