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
Situation in which a purchaser acquires mortgaged property and continues to pay the mortgagee for the debt outstanding. Although the new buyer continues to pay the mortgagee for the debt ...
Managing partner of a limited partnership who is in charge of its operations. A general partner has unlimited liability. Member of a partnership who is jointly and severally liable for ...
Any geographic taxing division where the legally chosen representatives are charged with the responsibility of assessing taxable property and collecting tax revenue. ...
Counter action by a defendant against a plaintiff. It is an independent action and just a denial of plaintiff's action. ...
An administrator appointed by the government or the courts to administer the laws relating to a government agency or court. A commissioner is a part of a government or court commission. ...
Document describing the benefits and provisions for people or businesses covered by group insurance. Document in life and health insurance issued to a member of a group insurance plan ...
The interest rate charged for a loan. For example, John obtained a $10.000 loan from the bank charging 10% interest. ...
A graduated payment mortgage (GMP) developed to overcome the negative amortization aspects of the GMP. The key to the FLIP mortgage is the use of the buyer's down payment. Instead of being ...
(1) Return of the principal invested in real estate. It excludes income earned. (2) Collection of a previously written off bad debt. ...
Have a question or comment?
We're here to help.