Realtor-national Marketing Institute (RNMI)

Something that is of good value for the money and an attractive deal. ...

Map presented to a municipality's planning agency by a real estate developer for consideration and approval. ...

A narrow passageway between buildings providing secondary rear access. ...

Room in a building used to collect solar heat. To provide for such collection, a room is generally constructed with a glass roof and walls. ...

When you hear someone in Real Estate saying there’s going to be a boring test, they don’t mean a dull exam is coming up. Boring test refers to a geological test applied to the ...

Written proposals and acceptances applicable to the aspects of the transaction. The escrow agent must follow the purchase and sale agreement. ...

Charge levied against property owners to finance an improvement made by the local government which benefits the homeowners and commercial businesses. Examples are sidewalks and sewers. ...

Exchange of products or property between individuals in which no cash is paid. ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount of time. ...

Since real estate is one of the most valuable assets on Earth, architects and builders have to comply with a number of building codes, depending on the size and destination of their ...

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 ...

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

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...

A gated community is a community of homes where you must pass through a security gate in order to enter the community. ...

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 ...

From the beginning, basements were not built to provide living space but a place to hide plumbing, wires and water boilers. Home buyers are always interested in the gross living area of a ...