Investment Life Cycle
Time interval between buying a real estate investment and selling it. A sound way to determine the return from a real estate investment is over its life. For example, if land was bought on March 20, 19X2, and later sold on March 20, 19X5, its life cycle is three years.
Popular Real Estate Terms
Region or locality that assesses real estate taxes on the properties located within its borders. Frequently, the local county or city is the property taxing jurisdiction which is empowered, ...
Amount subject to depreciation, which equals the initial cost less the estimated salvage value. ...
Covering on the top exterior of a window. ...
Long, wide piece of lumber having a minimum width of 8 inches with a minimum thickness of 1 inch for hardwood and 2 to 4 inches for softwood. ...
A roof having two slopes on each side. The second slope is longer than the first part of the roof and extremely steep. ...
Mortgage banker is the person or business that originates mortgages and receives payments. The mortgage banker typically sells these mortgages to investors and obtains service fees for the ...
The person to receive the benefits of a trust when distribution occurs. Secondary beneficiaries may be nominated if the primary beneficiary predeceased the trust distribution. The ...
Storing or keeping something such as an expansion tank holding hot water. ...
Builder's ten-year guarantee that their workmanship, materials, and construction are up to established standards. The HOW provides reimbursement for the cost of remedying specified defects. ...
Have a question or comment?
We're here to help.