Residential real estate is property specifically developed as a place for people to live. It ranges from single-family houses to...

While some agents work for a flat fee, most real estate agents are paid through a commission, a percentage of the sale of your property....

When you sit down for your listing appointment, one of the most important things you’ll have with you is your comparative market...

As clients get ready for closing, they’ll hear a lot about the title. Chain of title is an historical record of previous owners of a...

This is a really helpful concept for today’s market. You’ll want to encourage your clients to consult with their mortgage specialist, but...

Amortization is one of those words everyone has heard but few really understand. Basically, amortization is the preset schedule of...

To help your clients understand contingencies, use the word “conditional.” If a property is active contingent, a buyer has submitted an...

A Title is a legal document proving current and proper ownership of the property. Also referred to as a Title Deed, this document...

Earnest Money is the deposit made from the buyer to the seller when submitting an offer. This deposit is typically held in trust by a...

Contingencies are conditions which must be met such as an inspection of the home or the approval of the loan. Contingencies are typically...

Buyers and seller both have expenses associated with the home sales other than that of the actual cost of the home. For example, the...

Assets of a property which contribute to its value, but are not readily apparent. Examples might include upgraded or premium building...

Any company or agency that assists corporate employees in relocating from one place to another. Services may include hiring and...

A traditional way of describing property, generally expressed in terms of distance from a known landmark or intersection, and then...

A type of property ''ownership'' where the buyer actually has a long-term lease on the property. Considering a career in real estate?...

The ratio of the number of properties in an area that have been sold against the number available. Used to show the volatility of a...

A lease option is like rent-to-own for real estate. It gives the lessee the ability to lease property with the option to buy. It includes...

A homeowner’s association (HOA) is usually found when you purchase a condominium, townhome, or other development property. To purchase...

A fixed-rate mortgage is one of the most common types of loans. It comes with an interest rate that stays the same for the lifetime of...

When a property owner violates the rights of a neighbor by building or adding on to a structure that extends onto a neighbor’s land or...