Rule Of And Rule Of


Definition of "Rule of 72 and rule of 69"

Deborah Dooling
  Gloria Zastko Realtors

Rule of thumb approach used to determine how long it takes to double an
investment in real estate. Under this approach, dividing the number 72 by the fixed rate of return
equals the number of years it requires for annual earnings from the real estate investment to
double.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Marital Trust

Trust that qualifies assets under the marital deduction provision in the Federal Tax Code for favora ...

Business Automobile Policy (bap)

Coverage for automobiles used by a business when a liability judgment arises out of the use of the a ...

Flaw

Deficiency or defect existing in the way a home has been constructed. A flaw may be corrected by the ...

Omissions

Wrongful inaction; failure to act; inactivity. ...

Fraudulent Misrepresentation

Dishonest statement to induce an insurance company to write coverage on an applicant. If the company ...

Portfolio

Insurance company's total investments in financial securities. ...

Related Real Estate FAQ

What Is A Buildable Acre?

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

What Is A Seller Takeback?

A seller takeback is a type of financing in which the seller arranges for the financing on a propert ...

What Is A Private Mortgage?

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

What Happens When A Property Starts To Depreciate?

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

What Does Preapproved Mean?

When you are preapproved, you have a definite commitment from a lender ...

What Is A Loan-to-value (LTD) Ratio?

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Tax Breaks for the First Time Home Buyer How Does The Home Loan Underwriting Process Work? Why Use a Real Estate Agent? Should you Buy a Home with Cash? What do Real Estate Attorneys do?

FAQ

What are basis points? What is a lease purchase mortgage? What is a subprime mortgage? What is an assumable mortgage? What is cooperative?