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Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
Norristown is a municipality with home rule status and the county seat of Montgomery County, Pennsylvania, United States, in the Philadelphia metropolitan area. [3] Located along the Schuylkill River , approximately 6 miles (9.7 km) from Philadelphia , Norristown had a population of 35,748 as of the 2020 census .
Montgomery County, colloquially referred to as Montco, [1] is a county in the Commonwealth of Pennsylvania.As of the 2020 census, the population of the county was 856,553, making it the third-most populous county in Pennsylvania after Philadelphia and Allegheny counties, also the most populous county in Pennsylvania without a major city. [2]
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
a description of the map's place of official recording (e.g., recorded in the files of the County Engineer). Principal meridians and Baselines governing the United States Public Land Survey System The Public Land Survey System (PLSS) is the surveying method developed and used in the United States to divide real property for sale and settling ...
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...