Certified Residential Broker Crb


Definition of "Certified Residential Broker (CRB)"

Certification granted by the Realtors National Marketing Institute, which is affiliated with the National Association of Realtors.

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Popular Real Estate Terms

Home Affordability Index

Measure of the typical U.S. family's ability to buy a home, published by the National Association of Realtors. When the Index measures 100, a family e ...

Voluntary Lien

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

Equitable Title

The right to demand that title be conveyed upon payment of the purchase price. ...

Curb

Raised concrete border constructed along a street or a sidewalk. A curb prevents vehicle from going on the adjacent property and sidewalks as well as ...

Optionee

One who purchases an option. For example, John pays Brian $10,000 for an option to purchase property at $100,000 within six months. ...

Chapter 11

Used primarily by real estate corporations as a means of restructuring and reorganizing existing debts. Creditors must vote on a debt-paying plan and ...

Popular Real Estate FAQ

What Happens When A Property Starts To Depreciate?

When a property depreciates it declines in the value of the property due to poor location, dilapidation, or other factors. ...

What Is Principal?

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

What Is A Survey?

A survey is an examination of a property\'s boundaries to determine the quantity of land, location of improvements, and other information. Usually the ...

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

How Much Money Can I Borrow To Buy A Home?

To begin, you\'ll need to figure out what your gross income is (before taxes) monthly and yearly. To get a quick ballpark figure, take the yearly inc ...

What Is The Difference Between A Real Estate Broker And A Real Estate Agent?

The terminology used to identify real estate professionals differs a little from state to state. Brokers are usually required to have more education ...

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