National Association Of Real Estate License Law Officials (NARELLO)

Leased or rented property. ...

In appraisal, the process of reconciling three major approaches-that is, the market comparison, cost, and income approaches-to arrive at an estimate of the value of the subject property ...

Same as term capitalization rate: Also called cap rate or income yield. A useful way to compute the rate of return on a real estate investment. It equals the net operating income (NOI) for ...

Wires, such as for electricity, places beneath the floor of a structure. ...

An affiliate of the National Association of Real Estate Boards, engaged in educational programs and publications for its members. Its publications include Real Estate Perspectives and ...

Economic policies designed to reduce the fluctuation in the business cycle. An example is Federal reserve monetary policies. An attempt by an underwriter to prevent a market price of a ...

Court or government regulatory order to stop doing something, such as not showing minorities certain neighborhoods. ...

Effect on the market price of houses as interest rate change. For example, when mortgage interest rates rise, the prices of houses tend to fall. ...

Wondering what is the difference between a condominium and an apartment? Well, differently from the difference between an apartment and a flat, this one is not so much related to word ...

When a home is marked “as is”, it means the home seller will not take part on any renovations, will not fix any defects the home buyer might bump into. If the home buyer wants ...

A basic policy is a homeowners insurance policy that covers certain perils. ...

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 ...

Yes, you can! Now, it depends on what type of loan you are looking for. Is it a home loan? Or a payday loan? It is possible to borrow money even with a FICO score of 500 points. So, when ...

Wondering how do real estate agents get paid? We’ve got to be honest here: some time ago that would be classified as a dumb question because it was kind of obvious. However, faster ...

A limit on an adjustable-rate mortgage. ...

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Affairs. ...