Property disclosure is a document that provides information about the condition of a property. Considering a career in real estate? Click...

Pre-Qualification is a lender's estimate of how much money a borrower may be able to borrow. Considering a career in real estate? Check...

An addendum is a document that amends or adds to an existing contract. Considering a career in real estate? Check out our upcoming...

An abstract of title is a document that summarizes the history of ownership of a property. Considering a career in real estate? Check out...

Before you apply for a mortgage or even start looking for a home, you should get a pre-approval letter from the bank, which is an...

Conventional loans include “fixed rate” and “adjustable rate” mortgages. A fixed rate mortgage has a predetermined interest rate...

There are usually two agents involved when you buy a home; the “buyer’s agent,” who represents you, and the “listing agent,” who...

A comparative market analysis (CMA) is something a real estate agent will complete to determine a home’s value and the asking price when...

The walk-through usually refers to the final tour of the property a buyer takes right before the closing. The goal is to ensure the home...

Contingencies are clauses in a purchase and sale agreement specifying an action or requirement that must be met (or met within a certain...

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...