Ever scratched your head, wondering what ‘under contract’ means in the real estate world? You’re not alone. This buzzword often prompts a flurry of questions, especially when it pops during transactions. I understand how overwhelming it can get – but don’t worry, I’ve got your back! In this article, we’ll explain what it means when…
“Pending”. Now that’s a word you hear a lot in the real estate world. But what does it really mean? For anyone diving into the property market, understanding this term is like having the secret code to decipher a treasure map. Don’t worry, I’ve got you covered. We’ll unpack the concept of “pending” in real…
Ever been puzzled by the term “STR” buzzing around the real estate community? You’re certainly not alone! Short-term rental, or STR as it’s fondly known, is an exciting avenue in property investment that is gathering momentum. In this illuminating guide, we’ll unpack everything you need to know about these trendy investments. We’ll delve into both…
Ever been stumped by real estate jargon like EMV? You’re not alone! This acronym pops up a lot and it’s crucial to get a handle on it. Stick with me – I promise it’ll be as easy as pie. Here’s the short and sweet – EMV stands for Estimated Market Value. Itโs a vital measure…
Baffled by real estate acronyms like ‘PA’? You’re not alone! Let’s clear the fog together. In this article, we’ll uncover the mystery behind what PA stands for in real estate. From my years of experience in the field, I’ve often found it essential to decode these abbreviations. You’ll get to know the nuanced definitions of…
Ever felt like you’re swimming in a sea of complicated real estate jargon, like MSA? You’re not alone. Welcome to the friendly side of the real estate world. Today, we’re going to break down what MSA stands for in real estate and why it’s a term worth knowing for both first-time buyers and seasoned investors….
Ever stumbled upon the term “contingent” while delving into real estate dealings? It’s a phrase that can set joyous buyers on edge and sellers biting their nails. But hey, no reason for alarm calls! As a seasoned real estate guru, I’m here to help decode this seemingly complex term. In these layered paths of property…
What Does CTG Mean in Real Estate? Explained Simply Ever stumbled upon the acronym CTG in real estate listings and wondered, “Well, what does that mean?” As someone who has navigated the real estate market for over a decade, I get that these terms can be like cracking a secret code. But, don’t worry, you’re…
Ever bumped into the term “convey” in your real estate journey and scratched your head in bewilderment? Trust me, you’re not alone! It may seem daunting at first but, believe it or not, comprehending this can make or break your transaction. Let’s demystify it together! In this article, we’ll delve into the world of conveyance…
Ever stumbled upon the term BOM when exploring real estate listings and wondered what it means? You’re not alone. The real estate universe is loaded with jargon that can befuddle even the savviest of investors. BOM, or “Back On Market,” represents a property’s story of second chances – back to entice buyers after a previously…