Private mortgage insurance is an insurance frequently required by lenders for borrowers with a down payment of less than 20% of the...

Probate is the legal process of distributing a deceased person's assets. Would you like to learn more about Real Estate? Have you ever...

New construction refers to the building of a completely new structure, from the ground up. This can include everything from single-family...

An origination fee is the amount charged by a lender to process a mortgage loan application. Would you like to learn more about Real...

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An option contract is an agreement that gives one party the right to buy or sell property at a specific price within a certain timeframe....

An owner's title policy is an insurance policy that protects the homeowner from claims of ownership to the property. Would you like to...

An open house is a scheduled time when a property is available for potential buyers to view. Would you like to learn more about Real...

An off-market property is one that is not listed for sale on the public market. Would you like to learn more about Real Estate? Have you...

An offer is a proposal to buy or sell property at a specific price and terms. Would you like to learn more about Real Estate? Have you...

Save 40% on all real estate, mortgage, and professional development courses with The CE Shop on Wednesday, October 16th when you visit...

Negative amortization happens when the monthly mortgage payment is less than the interest due, causing the principal balance to increase....

Net operation income (NOI) is the property's income after deducting operating expenses. Would you like to learn more about Real Estate?...

A notice to quit is a legal document that informs a tenant of their obligation to vacate a rental property by a specific date. Would you...

A note is a legal document that outlines the terms of a loan, including the principal amount, interest rate, repayment schedule, and...

A non-conforming use is when property that was legally zoned for a particular use at the time it was built, but no longer complies with...

A net lease is a lease agreement where the tenant is responsible for paying property taxes, insurance, and maintenance costs in addition...

A market analysis  in real estate is a comprehensive evaluation of a specific property market, such as a neighborhood, city, or...

A mortgage payment  is a periodic payment made by a borrower to a lender to repay the principal and interest on a loan used to purchase...