real estate terms 1\njulian falana · sep 10\n10 points\nin your binder, on lined paper, research and define…

real estate terms 1\njulian falana · sep 10\n10 points\nin your binder, on lined paper, research and define the following real estate terms:\n· as - is\n· buyers agent/listing agent\n· closing\n· closing costs\n· days on market (dom)\n· due diligence\n· escrow holder\n· homeowners association (hoa)\n· ibuyer\n· multiple listing service (mls)

real estate terms 1\njulian falana · sep 10\n10 points\nin your binder, on lined paper, research and define the following real estate terms:\n· as - is\n· buyers agent/listing agent\n· closing\n· closing costs\n· days on market (dom)\n· due diligence\n· escrow holder\n· homeowners association (hoa)\n· ibuyer\n· multiple listing service (mls)

Answer

Brief Explanations:

As - is: Property sold in its current condition without repairs. Buyer's agent/listing agent: Buyer's agent represents the buyer, listing agent represents the seller. Closing: Final step of real - estate transaction where ownership is transferred. Closing costs: Fees paid by buyer and/or seller at closing. Days on market (DOM): Number of days a property is listed for sale. Due diligence: Investigation by buyer before purchase. Escrow holder: Third - party that holds funds and documents during transaction. Homeowner's association (HOA): Organization that manages community rules and amenities. iBuyer: Company that uses technology to buy homes directly from sellers. Multiple listing service (MLS): Database of properties for sale used by real - estate agents.

Answer:

As - is: Property sold in its current condition without repairs. Buyer's agent/listing agent: Buyer's agent represents the buyer; listing agent represents the seller. Closing: Final step of real - estate transaction where ownership is transferred. Closing costs: Fees paid by buyer and/or seller at closing. Days on market (DOM): Number of days a property is listed for sale. Due diligence: Investigation by buyer before purchase. Escrow holder: Third - party that holds funds and documents during transaction. Homeowner's association (HOA): Organization that manages community rules and amenities. iBuyer: Company that uses technology to buy homes directly from sellers. Multiple listing service (MLS): Database of properties for sale used by real - estate agents.