#tiptuesday- Leaving oil spots on your driveway can build up damage and cause cracks. Simply use a commercial detergent and spray clean with water to get rid of any oil spot and avoid costly damage.

#TipTuesday New real estate term and definition to guide you in your real estate journey! ♦The fair market value is the price an asset would sell for on the open market when certain conditions are met. ♦The conditions are: the parties involved are aware of all the facts, are acting in their own interest, are free of any pressure to buy or sell, and have ample time to make the decision. #RealEstateTerms #TheBeatriceRealtyGroup

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#TipTuesday New real estate terms and definitions to guide you in your real estate journey! ✔ A home inspection is an examination of a property's safety and current condition. It usually takes place in connection with the property's sale. ✔ When valuing real estate for investment purposes, a home inspection is one of a number of variables considered. #RealEstateTerms #TipTuesday #NorthShoreRealEstate #GreaterBostonRealEstate #RealEstate #YourHomeSoldGuaranteed #GuaranteedSale

#TipTuesday Lender The lender refers to the individual, financial institution, or private group lending money to a buyer to purchase property with the expectation the loan will be repaid with interest, in agreed upon increments, by a certain date. #Lender #RealEstateTerms #NorthShoreRealEstate #GreaterBostonRealEstate #RealEstate #YourHomeSoldGuaranteed #GuaranteedSale #EXITRealtyBeatriceAssociates #TheBeatriceRealtyGroup #Middleton #Topsfield #GreaterBoston #NorthShore

💡#TipTuesday💡 New real estate term and definition to guide you in your real estate journey! ♦An easement is an agreement between two parties, where one is granted land access in exchange for a fee.

#TipTuesday PERSONAL PROPERTY In the case of residential real estate, things that are screwed or nailed to the house are real property, while things that are free-standing or hanging from a hook are personal property, which can be taken by the seller when they #RealEstateTerms

#TipTuesday New real estate term and definition to guide you in your real estate journey! A seller lends a buyer some or all of the money required to purchase their property. Owner financing is a transaction in which a property's seller finances the purchase directly with the person or entity buying it, either in whole or in part. This type of arrangement can be advantageous for both sellers and buyers because it eliminates the costs of a bank intermediary. #RealEstateTerms #TipTuesday

#TipTuesday New real estate term and definition to guide you in your real estate journey! There is a signed, accepted offer. That is, there is a legally binding agreement between Buyer and Seller. And that means that the property is not presently available for sale. If a property is said to be under agreement or contingent or pending or under contract or active with contract or have a signed offer - it means the same thing. #RealEstateTerms #TipTuesday #UnderAgreement #UnderContract

An addendum is an additional document that gets added to the purchase and sale agreement. The document will include any additional information or requests that the buyer did not put into the original purchase and sale agreement. #Addedndum #RealEstateTerms #TipTuesday #NorthShoreRealEstate #GreaterBostonRealEstate #RealEstate #YourHomeSoldGuaranteed #GuaranteedSale #EXITRealtyBeatriceAssociates #TheBeatriceRealtyGroup #Middleton #Topsfield #GreaterBoston #NorthShore

Closing costs occur when the title of property is transferred from the seller to the buyer. The total dollar amount of closing costs depends on where the property is being sold and the value of the property being tra #RealEstateTerms #TipTuesday #Closingcosts #NorthShoreRealEstate #GreaterBostonRealEstate #RealEstate #YourHomeSoldGuaranteed #GuaranteedSale #EXITRealtyBeatriceAssociates #TheBeatriceRealtyGroup #Middleton #Topsfield #GreaterBoston #NorthShore

A pre-approval is a preliminary evaluation of a potential borrower by a lender. Pre-approvals are generated through relationships with credit bureaus which facilitate pre-approval analysis through soft inquiries. REMEMBER: Checking out homes that are way beyond your budget wastes time. Have a pre-approval to make sure you only focus on ones you can actually afford. Need help in knowing how much home you can actually afford? Call us now? We can help you! Call 781-929-1010 #RealEstateTerms

These firms research a property during escrow and ensure that all liens are clear before title is transferred to the new owner. #RealEstateTerms #TipTuesday #TitleCompany #TitleInsurance #HomeBuyingTip #HomeSellingTip #NorthShoreRealEstate #GreaterBostonRealEstate #RealEstate #YourHomeSoldGuaranteed #GuaranteedSale #EXITRealtyBeatriceAssociates #TheBeatriceRealtyGroup #Middleton #Topsfield #GreaterBoston #NorthShore

Good morning!!! Have a great day! #TipTuesday

The men's Prio running and fitness shoe.. Halie Chavez

#TipTuesday New real estate term and definition to guide you in your real estate journey! DOM The number of days that the listing has been on the market for. When you find a home that has been on a market for too long, most of the time you'll able to negotiate a better deal; the owner is probably tired of listing their home and wants to get rid of it. #RealEstateTerms #TipTuesday #NorthShoreRealEstate #GreaterBostonRealEstate #RealEstate #YourHomeSoldGuaranteed #GuaranteedSale

#TipTuesday New real estate term and definition to guide you in your real estate journey! Assessed Value ☑ For the purpose of taxation, a property is assessed for its monetary worth. This ascertained price is known as the assessed value. #RealEstateTerms #AssessedValue

Annual percentage rate (APR) An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment. APR is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan. Borrowers often see APR figures when they compare credit cards or mortgage rates. APR rolls in any up-front fees and charges. #RealEstateTerms #RealEstate #YourHomeSoldGuaranteed #GuaranteedSale #APR #AnnualPercentageRate #AnnualRate #MortgageRates

👉The standard loan contingency is one that states that you, as the buyer, are not bound to the contract if you fail to obtain approval for financing by a certain date. 👉Lenders require a satisfactory search of the title record and an acceptable appraisal of the property before extending a loan. 👉The house must also meet certain requirements before the mortgage loan is approved. #RealEstateTerms #TipTuesday #GuaranteedSale #EXITRealtyBeatriceAssociates #TheBeatriceRealtyGroup #Middleton

#TipTuesday - Make sure you don't miss out on any updates made in CET Designer by turning on your notifications in the CET Designer briefcase. You will...