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Real Estate Vocabulary 101: Counteroffer

p class="MsoNormal">What is a counteroffer?A counteroffer is a new offer that is made in response to a previous offer that doesn’t meet the terms/requirements of the one the offer is

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Real Estate Vocabulary 101: Commission

What is commission in a real estate transaction?A commission in a real estate transaction is how real estate agents get paid.  It is usually a percentage of the sales price of the property

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Real Estate Vocabulary 101: Comparables

Whether you are preparing to sale or to purchase a home – you are going to want to know what other similar homes are selling for in the immediate area.  Comparables (comps for short) are

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Real Estate Vocabulary 101: Key Terms to Know Whether Buying or Selling

Real Estate Vocabulary 101: Key Terms to Know Whether Buying or Selling   ADJUSTABLE RATE MORTGAGE (ARM):  The interest rate is tied to a financial index making the monthly mortgage

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