Soft Market
Definition of "Soft market"
Real estate market where supply significantly exceeds demand enabling potential buyers to obtain lower prices and good deals.
Popular Real Estate Terms
Basis for the valuation of property acquired from a decedent for tax purposes. The unified transfer tax in 1976 provides for the valuation of property to be the adjusted basis immediately ...
The float has several meanings in the financial world and the real estate terminology. Typically, the float refers to the number of funds, represented by checks, that an institution or an ...
Third party to a bankruptcy proceeding. The trustee's responsibility is to value and recapitalize the real estate firm if it is to be reorganized. ...
All the costs involved in constructing a development project including the cost of acquiring a parcel of land, paying for contractors labor, materials as well as taxes and development loan ...
Also called "Grey Shell, "Bare Shell," and "Artic Shell," a Cold Shell could be described as the more radical version of a Vanilla Shell. So, what does precisely the Cold Shell definition ...
A lien against all of the property of a debtor. A general lien may be obtained either through a judgment lien, where the court issues a judgment, a lien by creditors on a state, or through ...
Same as term landlocked: Parcel of land that is totally surrounded by other land parcels not providing access to a highway. ...
The part of the amount received from selling or exchanging real property that is taxable income. ...
Same as term higher and best use: Use of a parcel of land that will produce the greatest current value. ...
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