Buyer’s Market
Are you planning on buying a house? If you are, you’re going to love the Buyer's Market definition. But if you are a home seller, you will wish that term never comes up again in your life.
Buyer’s market refers to a Real Estate Market opportunity in which the home buyer holds an advantage compared to the home seller in regards to the sale of a house. Why? Because the supply and demand ratio is favoring the buyers; there are too many houses on the market for sale and not that many people interested in buying a house.
Enjoy your moment, Home Buyer! Go get that house!
Real Estate Lifeline:
Don’t freak out in a Buyer's Market, Dear home seller. The real estate market changes a lot. Soon, the tide might change in your direction and it will be your time to ride that perfect wave called “Seller’s Market”
Find an agent to help you read the market and determine if it’s the right time for you to buy or sell the house!
Popular Real Estate Terms
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Lien on a given property, such as an person's house as a collateral for a loan. ...
Legal status conferred by certain states on a homeowner's principal residence. In certain states, homestead status may provide protection against creditor claims or forced land sales ...
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Same as term higher and best use: Use of a parcel of land that will produce the greatest current value. ...
Land subject to an easement. ...
Commercial building having several different uses blending together. For example, retail shops are on the first floor, professional offices are on floors two through ten, and a restaurant ...
Provision at the end of a document, such as a will, wherein the witnesses sign that the instrument has been executed before them. This may be useful involving transfers of real estate. ...
Out-of-state or out of jurisdiction administrator appointed to probate a decedents property when there is no executer or executrix. ...
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