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- A buyer whose purchase agreement includes a contingency that allows the seller to continue to market the home to other prospective buyers. For instance, a buyer may agree to buy the home only if they can sell their own home first. That buyer can be bumped if a better offer comes along.
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Mar 20, 2023 · When searching for a home or applying for a mortgage, you may hear your real estate agent or lender use any of the terms or acronyms below. Keep this guide handy — you'll be fluent in the language of home buying before you know it.
Sep 13, 2024 · 11 Real Estate Terms That Every Buyer And Seller Should Know. Real estate jargon often relates to financial decisions, so it’s worth familiarizing yourself with the most important terms....
Nov 13, 2023 · Whether you're a veteran agent or total rookie, you need to be able to explain these real estate terms and definitions to clients.
1. the quality or state of being flippant. [...] 2. Word forms: ˈflippancies. a flippant act or remark. [...] More. Synonyms of 'flippancy' • frivolity, cheek (informal), irreverence, impertinence [...] More. Examples of 'flippancy' in a sentence.
3 days ago · Tim says: “With the rate at which no stamp duty is charged for home-movers due to fall from £250,000 to £125,000, anyone purchasing a property over this amount could face paying up to £2,500 more in stamp duty land tax. Meanwhile, the threshold rate at which first-time buyers do not pay stamp duty is likely to fall from £425,000 to £300,000.
While there’s a lot more lingo in the real estate dictionary, hopefully you now have a better understanding before taking plunge into one of the biggest single purchases you’ll ever make. These resources available on REALTOR.ca may also help you along your journey to homeownership: Tips for Buyers. Find a Home.
3 days ago · For homes costing over £925,000, you'll need to pay 10% on the portion up to £1.5m. And for homes costing over £1.5m, you'll need to pay 12% on the portion over £1.5m. However from April 2025, the stamp duty threshold for home movers will be lowered to £125,000 and 2% stamp duty will need to be paid on the portion between £125,000 and £ ...
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