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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.
Positive signs on employment and national economic growth should start being felt in the housing market in the coming several months, say top economists. [read more]
Experts agree that pets thrive on routine. But how can that routine be maintained during a move? There are some simple steps that you can take to make the transition from old home to new home easy on you and your pet. [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 4.95 percent with an average 0.7 point for the week ending March 11, 2010, down from last week when it averaged 4.97 percent. Last year at this time, the 30-year FRM averaged 5.03 percent. [read more]
In tight real estate markets one sure thing is that sellers have to highlight the finest qualities of their homes. Yet, sometimes the very benefits buyers might be interested in are overlooked. [read more]
[Note: To follow is an excerpt of a radio show interview conducted by Peter L. Mosca, host of Income Property Investment Talk dot com, with Steven Moreira, CCIM, CIPS, and CEO and sole stock-holder of the 4-Quadrant Magic Companies, who provides a comprehensive look at the financial markets, financing, and what is happening on the streets in the marketplace, right now in terms of funding and lending. To listen to the show archive or download an MP3, go to www.IncomePropertyInvestmentTalk.com/021010.] [read more]
It's about to get tougher to qualify for a Federal Housing Administration (FHA) mortgage, often considered the replacement loan for the collapsed subprime market. [read more]
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]
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