Tag

terminology

Time to Pivot Away From the Word “Pivot”

From Flailing to Flourishing, With No Pain or Sacrifice “GE Capital Chief to Retire After Pivoting GE’s Finance Arm” –headline, The Wall Street Journal (8/30/2016) Once upon a time, corporations, sports teams, and election campaigns(!) that were flailing underperforming got restructured, overhauled, or otherwise remade (presumably, into something more focused, efficient, and — hopefully —...
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“Final Acceptance” — Real Estate Edition

Real Estate Terminology 101 “Final acceptance” sounds like something that happens in a hospice, or perhaps what Woody Allen has been seeking in therapy all these years. Fortunately, the real estate version is not so macabre:  it’s just a fancy way of saying, “Done Deal!” “Signed, Sealed, & (Constructively) Delivered” Specifically, “Final Acceptance” refers to...
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“Pending” vs. “Assessed” vs. “Payable” vs. “Levied” . . . Huh?!?

Best Advice to Home Sellers:  “Tell What You Know” Homeowners can be forgiven for not knowing the difference between a special assessment that’s “pending,” vs. one’s that “levied” — as opposed to one that is assessed and currently payable. Realtors have trouble keeping those terms straight as well. The best advice to give prospective home...
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