Definition of "Walkaway risk"

Darlene King-Jennings real estate agent

Written by

Darlene King-Jenningselite badge icon

King Realty Inc

Risk involved when a potential buyer or seller of property decides not to buy or sell. For example, if a seller does not sell at the offered price, he runs the risk of not being able to sell the property to another or if later sold, it will be at a much lower price.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Same as term capitalization rate: Also called cap rate or income yield. A useful way to compute the rate of return on a real estate investment. It equals the net operating income (NOI) for ...

Divider made of plasterboard or plaster used to partition rooms. A room is created by the walls surrounding it. ...

Generally, a legal notice implies a method of official notification to an individual, organization, company, or the public that a particular event is about to occur. We can call a ...

Having two families live in a residence designed for only one family. This violates single-family residence zoning. ...

History of an individual's credit financial transactions including a detailed payment analysis. The creditor history is critical for performing a credit analysis to develop a credit rating. ...

Single mortgage or other encumbrance that covers more than one piece of real estate. ...

One who receives real property under a will. ...

A charge based on the asset value of a real estate security portfolio to manage it. For an open-end mutual fond, the management charge is included in the selling cost of the security. ...

The loss of an access right to a parcel of property through another property owner's property. This could materially affect the value of the property denied access. ...

Popular Real Estate Questions