| the sellers and buyers of the real estate to be sold. The sellers and buyers themselves are the principals (definition 2 in the Principal article) in 2nd bad credit mortgage refinance sale and real estate agents are their agents (law). However, although a real estate agent commonly fills out the real estate contract form, typically real estates agents are not given power of attorney 2nd bad credit mortgage refinance sign the real estate contract or the deed; the principals and seller sign these documents, respectively. The respective real estate agents put themselves down on the contract 2nd bad credit mortgage refinance the agents for each principal so that they may be able to collect their commission(s). The use of a real estate broker is not a requirement for the sale or conveyance of real estate or for getting a mortgage loan from a lender; although once a broker is used, the lender or its attorney will require that they be paid. Lenders typically have other requirements, though, for a loan: see Closing cost. In spite of the name, 2nd bad credit mortgage refinance estate has no connection with the concept of reality (in other words, the 2nd bad credit mortgage refinance does not consider real property more "real" than personal property). It derives instead from the feudal principle that in a monarchy, all land was considered the property of the king. Thus originally the term real estate was equivalent to "royal estate", real originating from the French royale, as it was the French-speaking Normans who introduced feudalism to England and thus to the English language; cognate to Spanish real. With the development of private property ownership, 2nd bad credit mortgage refinance estate has become a major area of business. Purchasing real estate requires a significant investment, and each parcel of land has 2nd bad credit mortgage refinance characteristics, so the real estate industry has evolved into several distinct fields. Specialists are often called on to valuate real estate and facilitate transactions. Some kinds of real estate businesses include: Appraisal - Professional valuation services Brokerages - Assisting buyers and sellers in transactions Development - Improving land for use by adding or replacing buildings Property management - Managing a property for 2nd bad credit mortgage refinance owner(s) Relocation services - Relocating people or business to different country In owner-occupancy, the landlord - |  |
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