Cash Equivalency

Definition of "Cash equivalency"

Joanna Keskitalo

Joanna Keskitalo Joanna K Realty

(1) Revising the selling price of real property to reflect what it would be worth if typical financing was available. (2) How much real property would be sold for if all cash was involved.

Have a question or comment? We're here to help.

Search Real Estate Terms

Popular Real Estate Terms

Tenant Changes

Changes made by a lessee to property during the term of the lease. In general, if the changes are permanent such as the addition of a building to leas ...

Mortgage Pool

A collection of packaged residential mortgage loans for sale in the secondary mortgage market to investors. Companies with mortgage pools expect to ea ...

Breezeway

Covered walkway, open to the outside, connecting two parts of a building or two buildings. A breezeway protects pedestrians from the elements but prov ...

Trade-in

Amount received for old property when exchange for new property. ...

Physical Damage Insurance

Insurance coverage for any risk that can cause physical damage to the insured item. ...

Conditional Fee

An estate constrained from some heirs and dedicated to others on the basis of a certain condition. ...

Popular Real Estate FAQ

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on the books\". Commonly, a buyer will be unsatisfied ...

What Is A Loan Origination Fee?

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

What Does FSBO Mean?

FSBO means for sale by owner. ...

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in mind - to get you to buy a home. I\'m sure you\'v ...

What Is An Index?

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

What Is A Broker?

An agent who is authorized to open and run his/her own agency. All real estate offices have one principal broker. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate? The Ugly Truth About Open Houses

FAQ

What is an inspection? Who is a subagent? What is hazard insurance? What type of a home is a condominium? What is a CD?