The term "interstate" typically refers to a highway connecting two or more states within the United States.  These highways are often...

Terrie O'Connor Realtors Real Estate School is offering an evening pre-licensing course for aspiring real estate salespeople. This 75-hour c

Interest rate  in real estate refers to the cost of borrowing money  to purchase a property. It's typically expressed as a percentage of...

In real estate, an inspection is a thorough examination of a property to assess its condition and identify any potential problems or...

Ingress and egress  are essential terms in real estate, referring to the right of access to and from a property . This includes the...

Kailey O'Keefe, a recent student at Terrie O'Connor Realtors Real Estate School, recently shared her positive experience with taking one of

A heat pump is a device that transfers heat from a colder area to a warmer area.  Essentially, it works like a refrigerator in reverse....

HELOC  stands for Home Equity Line of Credit . It's a type of loan that allows you to borrow against the equity you've built up in your...

A historic district  is a designated area containing a significant concentration of historic buildings, structures, sites, or objects...

Highest and best use  is a fundamental concept in real estate appraisal. It refers to the most profitable legal use of a...

There are four economic characteristics of land - just think of DUST: DEMAND - The more demand there is for a particular property, the...

A real estate closing is the final step in a property sale.  It's the moment ownership of the property transfers from the seller to the...

A grantor is the person who transfers ownership of a property to another person.  In simpler terms, they are the seller in a real estate...

A grantee is the person who receives ownership of a property from the grantor.  In simpler terms, they are the buyer in a real estate...

A garage is a building or enclosed space primarily used for storing vehicles. Would you like to learn more about Real Estate? Have you...

Fannie Mae is the common name for the Federal National Mortgage Association. It's a U.S. government-sponsored enterprise (GSE) that plays...

A greenbelt is a designated area of undeveloped land surrounding or neighboring an urban area. It's typically preserved in its natural...

A ground lease is a long-term agreement where a landowner (lessor) leases land to a tenant (lessee) for a specific period, typically 50...

Terrie O'Connor Realtors Real Estate School is offering a discounted 75-hour weekday real estate salesperson pre-licensing class from Septem

A Graduated Payment Mortgage (GPM) is a type of fixed-rate mortgage where the monthly payments start low and gradually increase over a...