TOCR Real Estate SchoolJan 24, 20231 minWhat is Equity?Equity is how much of a home’s value can be attributed to the owner. It’s calculated by subtracting the amount owed from the home’s...
TOCR Real Estate SchoolJan 23, 20231 minWhat is a Conventional Mortgage?Ideal for borrowers with strong credit, a conventional mortgage is a type of loan that is not backed by a government agency like the...
TOCR Real Estate SchoolJan 22, 20231 minWhat is a Clear Title?A clear title shows the undisputed, legal property owner. This means there are no liens or levies from creditors or other parties that...
TOCR Real Estate SchoolJan 20, 20231 minWhat is a Chain of Title?A chain of title is a document containing all previous property owners, listed in chronological order from the first owner to the present...