When a home is ‘Sold Conditionally’ it means that a buyer and seller have come to an agreement on the sale of the property. Common conditions found in residential real estate contracts include conditions on the buyer arranging financing and a condition on a home inspection.

What does Cs stand for in real estate?

CS) This home sale contingency is a little different. This means the person buying the property with the contingency must sell a home, and the home they must sell does not yet have an accepted offer on it.

Can you outbid a conditional offer?

Even if you accept a conditional offer, you can look at others because the conditional offer is not final and binding on you and the buyer until all of the conditions in that first offer have been fulfilled or waived.

What does BR and BA mean in real estate?

Ba – bathroom. Br – bedroom. CAC – central air conditioning.

Can a seller accept 2 offers?

Sellers can accept the “best” offer; they can inform all potential purchasers that other offers are “on the table”; they can “counter” one offer while putting the other offers to the side awaiting a decision on the counter-offer; or they can “counter” one offer and reject the others.

What does Br BA stand for?

The credits feature symbols of chemical elements from the Periodic Table in green (for example, the symbols Br and Ba for bromine and barium in Breaking Bad and the symbol Cr for chromium in Created by Vince Gilligan).

What does Br mean?

best regards
‘BR’ stands for ‘best regards’. This next phrase can be used in semi-professional communication. The meaning of ‘BR’ is ‘best regards. ‘ ‘Best regards’ or ‘regards’ is used at the end of a message to let the receiver know that the writer wishes them well.

Is a title company check good funds?

Cash, cashier’s checks, certified checks, bank money orders, official bank checks, teller’s checks, and checks drawn on the trust accounts of any lawyer or real estate broker are not considered good funds when they are part of amounts of $50,000 or more received from a single party to the transaction, until they are …

Can a personal check be used for earnest money?

Use An Escrow Account As a result, you should never give your earnest money directly to the seller or a real estate brokerage. Instead, go with a third party such as a title or escrow company, which will hold your earnest money for you. You’ll usually pay by certified check, wire transfer or personal check.