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AOL Real Estate Editors April 4, 2013, 10:30 AM Home Buyers Remorse Buying a house isn't like buying a $500 handbag. Having buyer's remorse? You can take that handbag back to the store. But if...

“We received a lead for a piece of property tied up in an estate over a family member who lived four states away,” David said. “We closed for approximately $15K, which is the price they asked for,...

After acceptance of a particular offer, a real estate contract is ratified by all parties. It usually creates a short interim period (typically no more than 30 days, often much less) to allow the buyer to thoroughly inspect the property (often with the assistance of a professional home inspector).

Real estate and the environment. Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESA's) when valuing a property for both private and commercial real estate.