Real Estate Term of the Day: Inspection Addendum or Clause INSPECTION ADDENDUM OR CLAUSE – in a contract to buy or sell real estate, a clause or attachment that allows the buyer (or a qualified party) to inspect the property. If repairs are needed, the buyer may require the seller to make the repairs, negotiate … More Real Estate Term of the Day: Inspection Addendum or Clause
Real Estate Term of the Day: Inflation INFLATION – a loss in the purchasing power of money; an increase in the general price level. Generally measured by the Consumer Price Index, published by the Bureau of Labor Statistics (Barron’s Dictionary of Real Estate Terms) Real estate is considered a hedge against inflation because it tends … More Real Estate Term of the Day: Inflation
Real Estate Term of the Day: In-Fill Development IN-FILL DEVELOPMENT – improvements on land adjacent to and between existing development. A way to accomodate increased population in an area without spreading the boundaries of the development (Barron’s Dictionary of Real Estate Terms) In case you missed it, Denver is one of the hottest places to live in … More Real Estate Term of the Day: In-Fill Development
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LESLIE MONACO REAL ESTATE 