Financing is the process of obtaining a loan to purchase real estate. Financing typically involves working with a mortgage lender to get...

A fixer-upper is a property that needs repairs or renovations before it can be lived in. Fixer-uppers can be a good investment for buyers...

A flood zone is an area designated by the Federal Emergency Management Agency (FEMA) as being at risk of flooding. Knowing the flood zone...

In a basic definition, foreclosure is the legal process by which a lender takes possession of a property when the borrower defaults on...

A foundation is the structural support system of a building. A strong foundation is essential for the stability and safety of a home....

Escheat, in general, refers to the reversion of property to the government when there is no clear owner. This can happen in various...

Eminent domain is the power of the government to take private property for public use, with just compensation - fair market value -...

The term "estate" in real estate can have two different meanings, depending on the context: "Estate" can refer to the entire physical...

In some areas a real estate transaction includes the use of a closing or settlement company. Escrow refers to a legal arrangement where a...

In real estate, equity refers to the percentage of the property's market value that you truly own. Think of it as the portion of the...

An easement is legal right for one party to use a portion of another person's property for a specific purpose, such as ingress and...

A backyard is more than just a space, it is a tapestry woven with memories, laughter, and imagination. It is a stage for endless tales, a...

A deed of trust or trust deed is a legal document used in some states as an alternative to a mortgage. In a deed of trust, the property...

Depreciation is the decrease in the value of a property over time due to wear and tear, obsolescence, or other factors. Would you like to...

A default occurs when a borrower fails to make a mortgage payment or otherwise violates the terms of their loan agreement. Would you like...

A deed is a legal document that transfers ownership of real estate. The grantor conveys the interest that they have to the grantee....

Days on market are the number of days a property has been listed for sale. Would you like to learn more about Real Estate? Have you ever...

A capitalization rate, sometimes called a Cap Rate, is a metric used to estimate the rate of return on a property investment. Would you...

A chain of title is a record documenting the history of ownership for a property reaching back to the original owner. Would you like to...

Covenant, condition, and restrictions, sometimes referred to as CC&Rs, are the rules governing the use and maintenance of condominiums or...