Business Opportunity

Definition of "Business opportunity"

Favorable occurrence providing a good chance for success, usually in financial terms.

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Popular Real Estate Terms

Real Estate Syndicate

Group of investors pooling their money to purchase real estate. ...

Underpinning

Using beams on an interim basis while a structure is being built. Reinforcing a building with supports. A property. ...

Tangible Asset

one having physical existence and a life exceeding one year. It is not kept for resale in the ordinary course of business. An example is a building. ...

Personal Property

Assets owned by an individual as part of his or her estate except for land and everything attached to the land. Personal property may be either tangib ...

Ipso Facto

The result of an act or a fact. ...

False Personation

A criminal act of falsely representing another individual to gain profit or gain an advantage. ...

Popular Real Estate FAQ

What Is A Quit Claim Deed?

A quit claim deed is a formal document that denies a claim to a certain property. Often used to clear problems with a title or as part of a divorce se ...

What Is A Buyer’s Agent?

An agent hired by buyers to help them find and negotiate the purchase of a home. This agent works for the best interests of the buyers, not the seller ...

What Is A Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Is An Investment Property?

An investment property is a property you purchase with the intension of using it as a rental income or for investment purposes rather than to live in. ...

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this r ...

What Is A Lifetime Rate Cap?

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loa ...