That must be a typo? Additionally, Social media is changing the way we communicate and advertise every day. Agents use them for two simple reasons. 11% of the mega-wealthy swear by this investment… The richest in the world have made their fortunes in many ways, but there is one common thread for many of them: They made real estate … My agent says it's only the second buy he's had this year that didn't appraise. Et al. 3 Answers. This term is used most often in real estate investing and people looking to flip a home. Usually, it means that you are wrapped into the et al. (updated July 2020)In the real estate industry in New Zealand, phrases like CV, RV, GV and market value often get thrown around and can be confusing for those who do not really understand the terminology, especially since they are often used interchangeably. What does it mean in real estate? ; Median - The middle value when the values are ranked. Yes – Some of them are very Weird! A real estate attorney or a specialist at searching county records normally looks up the title. You want to get to work, immediately, on making sure that they know that you’re a real estate pro, you mean business, and you want their business. This does not mean you are left out of the deed. However, NCREIF data (since its 1978 inception) shows that Democratic administrations produced somewhat stronger 10.4% average total returns on US institutionally owned property, while Republican administrations produced 8.6%. Anonymous. Real Estate OBO abbreviation meaning defined here. As we see this number fluctuate, we can make better predictions of our local real estate markets. Relevance. I am looking at American property and i found this house, it said it had 5000sq ft under air and 11000sq ft under roof, what does that mean? What does OBO stand for in Real Estate? What Does "Settlement" Mean In Real Estate? Part of the series: Real Estate Help. The appraisal had the … If you’re looking at the real estate market funding, the first thing you should do is educate yourself. In the real estate industry, the term "concession" is typically used in very specific situations. See more. So you have finally reached the end of the long and tedious process of buying or selling a home. An attorney should then read the abstract and comment on any problems discovered. Answer Save. RFR’s aren’t just present in real estate sales agreements but can also be present in the sale of any asset, like personal property, a patent license, a screenplay, and an interest in a business. As we crunch our numbers and statistics in real estate, knowing how many months of available inventory is a good barometer of what is going on in our market. ; Mode - The most frequently occurring value. If you see a property deed, you may notice your name is listed one time and then never again. phrase being used in the document. Before we get to the real estate specific examples, let's quickly review the definition of each term: Mean - The sum of values divided by the number of values. What does she do? What Does Funding Mean? Real estate mergers and acquisitions were on pause for much of this year, but they've started to heat up again and one company has been particularly … What does sq ft under roof and sq ft under air mean? You don't want to sign a contract until the title has been fully examined. It’s critical that sellers know how to prepare for the spring real estate market since … For investors, declining prices … MA Licensed Broker #422635 RE-LC Once you have narrowed down your criteria, it is best to work with a real estate professional who has expertise in the marketplace and can help you to make an informed decision. Here are the most common abbreviations used in real estate. 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