Economic Value

Determines the ability of soil to absorb and draw down water. A percolation test is essential to determine the location of a drainage field for waste disposal. ...

An amount of money provided for in a contract as compensation if the contract is not fulfilled. An example is an offer to buy real property that includes a provision that once the seller ...

Potential customer or client in which there is a realistic chance of making the sale for the product or service. An example is a prospective purchaser of real estate that the real estate ...

(1) Method of measurement lumber using the board foot cubic measure. The board measure is used to estimate quantities and prices of lumber materials. (2) Method of estimating lumber ...

Buying real property subject to risk. For the high risk undertaken, the expected return is higher. The investor may lose all of part of the initial investment. ...

Net return rate earned on an equity investment in real estate after deducing any interest costs and taxes. ...

Highly subjective term, usually an expression of monetary worth applied to a particular piece of real estate property. ...

Records maintained as evidence of ownership of the home and any of its contents. ...

Not only can homeowners associations impose pet restrictions but almost 100% of them do. Here’s the thing: the job of a homeowners associations or HOA is to look at the big ...

You know what is the truest answer to “who can put a lien on your house”? Yourself. We’re not trying to be smart here; it’s the truth. Failing to pay up a ...

This question might have crossed your mind while planning for retirement, or... after inheriting your aunt’s under-the-mattress savings. You spread your wings ready to fly to the ...

The city of Scottsdale is more than a place to live - it’s also a resort, a tourist destination. So, the job of the Scottsdale Police Department (SPD) is to ensure a fun and relaxed ...

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the property. ...

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after excluding present and future rights-of-way, restricted hazard areas, public open spaces and ...

Wondering what is the cash offer definition? Well, the cash offer definition is pretty much what it says, an offer made in cash. But aren’t all offers cash? No one buys a house ...