Real Estate Term of The Day: Recap of the “C” Terms

CAP CERTIFICATE OF OCCUPANCY CLEAR TITLE CLOSING CLOSING AGENT CLOSING COST CLOSING DATE CLOSING STATEMENT CLOUD ON THE TITLE CLUSTER HOUSING CODE OF ETHICS COMMISSION COMMITMENT LETTER COMMON AREAS COMMUNITY ASSOCIATION CO-MORTGAGOR COMPARABLE SALES COMPARATIVE MARKET ANALYSIS CONCESSIONS CONDITIONS CONDITIONAL OFFER CONDITIONS, COVENANTS & RESTRICTIONS CONDOMINIUM CONFORMING LOAN CONTRACT FOR PURCHASE CONVENTIONAL LOAN CONVEYANCE COUNTEROFFER … More Real Estate Term of The Day: Recap of the “C” Terms

Real Estate Term of the Day: Counteroffer

Real Estate Term of the Day: Counteroffer COUNTEROFFER – rejection of an offer to buy or sell, with a simultaneous substitute offer (Barron’s Dictionary of Real Estate Terms) I’ve submitted my offer to the seller, now what? If the seller signs your initial offer before the Acceptance Deadline, the offer becomes a firm contract for … More Real Estate Term of the Day: Counteroffer