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Bank failures can have a significant impact on the real estate market. When a bank fails, it may be unable to honor its commitments to depositors, borrowers, and other stakeholders, which can lead to a cascade of economic and financial…

Contingencies are clauses in a real estate contract that outline certain conditions that must be met in order for the sale to go through. Some common contingencies in a real estate contract include: ***** Always seek competent legal advice.  …

A Comparative Market Analysis (CMA) is a report that provides an estimate of the value of a property based on the prices of similar properties that have recently sold in the same area. Real estate agents and brokers typically prepare…

Closing costs are fees and expenses associated with the purchase or refinancing of a home that are paid at the closing of the real estate transaction. These costs are in addition to the purchase price of the home and can…