Repainting can boost curb appeal and buyer perception, but it also adds cost and may not always yield a higher sale price. Consider your market, the condition of your current paint, and your timeline before deciding.
On Streeteasy, ‘In Contract’ indicates that a property listing is under an accepted purchase agreement but has not yet closed, signifying it’s moving toward finalization.
In real estate, ‘capped’ refers to a limit or ceiling placed on an increase in property value, rental rates, or loan amounts over a specified period.
Cash only in house buying refers to purchasing a property using only cash, without involving mortgage financing or loans.
Part exchange in house buying refers to the process where a seller trades their existing property for another, allowing both parties to complete the transaction without separate negotiations on cash prices.
The term ‘move in ready’ describes a property that is prepared for immediate occupancy by a new tenant, with all essential systems and finishes completed.
A parcel number is a unique identifier assigned to a piece of land or property for administrative, tax, and legal purposes.
Rent abatement refers to a temporary reduction or suspension of rent payments, often granted by landlords to tenants under specific conditions such as economic hardship or public health crises.
Undeveloped land refers to parcels of real estate that have not been altered or improved for residential, commercial, or industrial use. It remains in its natural state, offering potential for future development.
Active under contract indicates that a party has agreed to terms but formal execution or completion is pending, commonly used in real estate and business contexts.