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Real estate contractFrom Wikipedia, the free encyclopedia.A real estate contract is a contract for the purchase/sale, exchange, or other conveyance of real estate between parties. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental contracts) cover such rentals since they typically do not result in recordable deeds . Freehold ("More permanent") conveyances of real estate are covered by real estate contracts, including conveying fee simple title , life estates , remainder estates, and freehold easements . Real estate contracts are typically bilateral contracts (i. e., agreed to by two parties) and should have the legal requirements specified by contract law in general and should also be in writing to be enforceable.
A word of advice for builders, contractors, developers and all other players interested in re-building strength back into the real estate marketplace: only strong, balanced, and experienced leadership at the executive level will pull the industry through to the next upcycle. According to Bill Ferguson, author of the new book "Keepers of the Castle: Real Estate Executives on Leadership and Management" it is time to rid the industry of the greed and egos that helped contribute to the industry's downfall and allow the "great leaders in the industry" to get real estate back on its feet. Now, says Ferguson, companies must implement another business strategy--a focus on leadership and building a leadership bench within their companies. [read more]
How much is your real estate--your house, condominium unit, cottage, income property--worth in this market? [read more]
It may not feel like Spring in your town, but for most of the United States, we've turned a corner. The sun is shining, the snow is melting, and the crocuses are poking their heads up through the ground; a brutal winter is winding down. [read more]
Despite being just 3 1/2 weeks from the much anticipated end of government purchasing of mortgage-backed securities, mortgage rates remain steady. [read more]
If you're trying to figure out where real estate is headed in the coming months, should you listen to the Federal Reserve -- or do you focus on the latest pending home sales numbers? [read more]
One of the first steps to take as a potential home buyer is to get pre-qualified for a loan. This step helps both you and your lender learn just how much home you can afford. And you should begin this process before you even start looking for a home. [read more]
McLean, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.97 percent with an average 0.7 point for the week ending March 4, 2010, down from last week when it averaged 5.05 percent. Last year at this time, the 30-year FRM averaged 5.15 percent. [read more]
Fannie Mae wants to sell its housing inventory that it acquired through foreclosures. The properties are listed for sale on HomePath.com. To do so, it's offering buyers incentives for those properties. [read more]
The latest spin on government-sponsored mortgage modifications, demands that home owners provide an initial package of documents before the first phase of a modification can begin. [read more]
Whether you are a believer in the GREEN movement or not, designing buildings that use strategies aimed at improving the performance of metrics that matter most: water efficiency, CO2 emissions reduction and energy savings makes sense. The last two years have been a wake-up call for not only Americans but for citizens of the world. We have all been faced with the rising cost of the natural resources we use every day and have come to understand the wisdom of conservation. [read more]
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