Brownstone

Factor in real estate appraisal. A type of physical depreciation owing the lack of normal upkeep, such as broken glass and doors and discolored paint that negatively impacts the value of ...

Individual renting a residential or office unit. ...

An obligation of the owner of property that is recorded with his permission such as a mortgage. Encumbrance on property without being objected to by the owner. ...

Ask Price is the initial listed price for a piece of real estate.It’s important to understand that, in the real estate world, there’s no such thing as a fixed price when buying ...

Representative house, apartment, or cooperative used as a sales tool to show how the actual unit bought will probably appear in design and construction. An example is a model apartment. ...

Extra compensation given to a real estate broker who has surpassed his sales quota (e.g., number of house sold, total sales dollars of houses sold, number of apartments rented, square ...

Judicial proceeding against the person rather than against the person's property. Seeks to have the individual perform the terms of a contract, provide a service, or repair a loss. In ...

Unexpected increase in the price of property not due to any effort on the owner's part. An example is when the appraised value of a house increases because of a population increase in the ...

All the REALTORS® in Scottsdale are aware of the hot real estate market they are working in. With a median house price of $478,200, anything that comes on the market below this price ...

Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair market value of a property. ...

Conceived in 1944, the VA loan program is one of the oldest facilities offered to veterans and service members. This type of loan is guaranteed by the United States Department of Veterans ...

Everyone in your family thinks they know how to take pictures to sell your house, right? They say you shouldn’t spend money hiring a professional photographer since you are already ...

Recognized by Forbes as being one of the best places to live in the USA, Fairfax is a city nestled in the suburban expanse of Washington, DC metro region. Fairfax is an independent city and ...

When you’re moving to a new city, there are a lot of things you’ll probably be asking. Are houses expensive? What recreational activities are available in the area? Are schools ...

Since real estate is one of the most valuable assets on Earth, architects and builders have to comply with a number of building codes, depending on the size and destination of their ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...