Mls what does ctg mean

However, if the sale event is not on record, the sale is not complete and the Seller will still be waiting for their money. In our marketplace, the Buyer has a Buyer's real estate attorney. The Seller has a Seller's real estate attorney. And the lender, if there is a lender, has an attorney.

It's up to the attorneys to organize the closing and to coordinate the recording of the sale at the Registry of Deeds. Buyer and Seller ought to communicate with their respective attorney about the closing date and time and understand when the property is expected to be on record and plan accordingly. A : The short answer is that a fixture is something - equipment, decorations, or appliances - affixed or attached to the real estate.

As Vetstein notes, "From a legal standpoint, when equipment, decorations, or appliances become affixed or fastened to the real estate, it becomes a fixture and is supposed to be transferred as part of the sale, unless there is an agreement providing otherwise.

Of course, as Vetstein goes on to note, "There are, of course, plenty of gray areas with fixtures. These gray areas are the cause of most disputes surrounding fixtures. The best approach for a Seller is to have a clear conversation with their listing agent BEFORE the property is listed for sale regarding any exclusions or inclusions, so that the listing agent can disclose these in MLS when the property is listed. For example, "Dining chandelier is excluded; curtains and rods in master bedroom are included.

For example, "all window treatments and kitchen appliances included. Extra freezer in basement to be removed by Seller by the closing date. Q: What is a CMA? Q: What is the normal real estate transaction timeline? Here is summary overview: An offer is made and accepted. Q: What does it mean when a property is under agreement? Q: What does "on record" mean?

A few observations: - Typically, at least a couple of hours are needed after the closing has taken place for the sale event to be recorded at the Registry of Deeds. Q: In residential real estate, what is a fixture? Return to FAQ. Buying or Selling Soon? Click Here. We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info. What Is Lowballing?

To lowball also means to deliberately give a false estimate for something. Unless there is a significant number of people interested in the property, start low. While every listing and situation is different, paying above asking price is very common. He says offers typically need to exceed at least 1 to 3 percent over list price when there are multiple competing buyers. For land buyers, a good rule of thumb is an offer at least 80 percent of the list price to ensure a positive response from the seller, Stout advises.

As a test, these buyers will lowball an offer. However, going it alone without the help of a savvy agent especially if this is your first time buying a home may not be the best idea. Skip to content April 21, Joe Ford. Table of Contents. Withdrawn is similar to Expired, except it means that the listing was pulled off of the market at some period of time within the contracted time vs. Tags: blog. Greater Boston Home Prices October In most interfaces, they disappear from view.

Properties that have the designation CAN have a cancelled contract between the agent and the owner before the contract period ended. Those that read EXP had the listing contract expire. The seller may have chosen not to sell. Or may be selling now as a for-sale-by-owner. Or may list again with the same agent or different one. Properties that have WDN are withdrawn from the market. This could mean the seller needs a week off from showing it, or a month.