What's an Addendum?
An addendum in real estate is a document that modifies or supplements the terms of a real estate contract. It's used to add, clarify, or...
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professor566
1 day ago1 min read
What is an Adjustable Rate Mortgage?
An adjustable-rate mortgage (ARM) is a type of home loan where the interest rate changes periodically throughout the life of the...
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professor566
2 days ago1 min read
What is Absorption Rate?
Absorption rate in real estate is a metric that measures how quickly homes are being sold in a specific market over a given period. It's...
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ngramuglia3
4 days ago1 min read
Cyber Monday Sale 2024
Cyber Monday is played out…we celebrate a whole WEEK. So, hop online and take $25 OFF Terrie O’Connor Real Estate School Pre-Licensing...
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professor566
4 days ago1 min read
What is a Warranty Deed?
A warranty deed is a legal document used in real estate transactions that guarantees the property is free from claims or liens. It...
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professor566
5 days ago1 min read
What is Zoning?
Zoning is a set of rules and regulations that govern how land can be used in different areas of a city or town. These rules are put in...
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professor566
6 days ago1 min read
What is a Writ of Execution?
A writ of execution in real estate is a court order that allows the forced sale of a property to satisfy a debt. This typically occurs...
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ngramuglia3
7 days ago1 min read
Black Friday Sale 2024
Nope, you didn’t black out – everything really is on sale! Black Friday only comes once a year, so join the crowd and get $25 OFF Terrie...
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professor566
Nov 281 min read
What is a Wraparound Mortgage?
A wrap-around mortgage is a unique type of seller financing where the seller maintains their existing mortgage on the property and then...
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professor566
Nov 271 min read
What are Wetlands?
Wetlands are areas of land that are saturated with water, either permanently or seasonally. They are characterized by their unique soil...
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professor566
Nov 261 min read
What are Water Rights?
Water rights in real estate refer to the legal rights of a property owner to access and use water from a specific source, such as a...
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professor566
Nov 241 min read
What is a Walk Through?
A walk-through in real estate is a final inspection of a property before the closing process. It's an opportunity for the buyer and their...
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professor566
Nov 231 min read
What is Vacancy Rate?
Vacancy rate is the percentage of rental units or commercial space that is unoccupied. Would you like to learn more about Real Estate?...
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professor566
Nov 221 min read
What is a Virtual Tour?
A virtual tour is a digital tour of a property, often created using 360-degree photography or video. Would you like to learn more about...
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professor566
Nov 211 min read
What is a Variance?
A variance is an exception granted by a zoning board that allows a property owner to deviate from specific zoning regulations. Would you...
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Darlene Freidman
Nov 191 min read
What is Real Estate?
Real estate is the land along with any permanent improvements attached to the land, whether natural or manmade. That would include...
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professor566
Nov 171 min read
What is a Unilateral Contract?
A unilateral contract in real estate is a type of agreement where only one party makes a promise in exchange for a specific action by the...
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professor566
Nov 161 min read
What is Usury?
Usury in real estate refers to the practice of charging excessively high interest rates on loans, particularly in the context of real...
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professor566
Nov 151 min read
What is Meant By "Staging a Home"?
Staging a Home is a process of preparing a residence for sale for the marketplace by dressing it up. The goal of staging is to make a...
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professor566
Nov 151 min read
What is Underwriting for a Mortgage?
Mortgage underwriting is the process by which a lender evaluates your financial situation to determine if you qualify for a loan and to...
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