Speculator
Individual who attempts to maximize his or her profitability by investing which the anticipation that a particular investment will go up in value. A speculator will generally be willing to incur a significant degree of risk in the hope that a significant profit can be made in a short time. For example, a real estate speculator may purchase large amounts of land based on the assumption that high demand for the land in the near future will substantially boost its price.
Popular Real Estate Terms
Individual who by his expertise, education, and experience prepares syndication reports. ...
Act of obtaining land through condemnation. For example, when in interstate highway must be constructed, the land for the new road is obtained through takings. Usually, the government ...
Ask Price is the initial listed price for a piece of real estate.It’s important to understand that, in the real estate world, there’s no such thing as a fixed price when buying ...
Claim or debt that may be recovered by instituting a lawsuit. ...
Concrete with steel rods inserted into it to provide additional working load support. The premise is that both materials will act together in resisting loan stress. ...
Something that is illegal. An example is an unenforceable debt because it has exceeded the statute of limitations. ...
Reduction in the normal rental charge to attract prospective tenants or keep existing tenants at lease renewal. Discounts may be given to obtain a higher occupancy rate, make it easier of ...
Fee charged by a mortgage lender to a buyer, seller or both for transferring a mortgage when the mortgage property is sold. ...
Ownership of property by one individual. ...
Have a question or comment?
We're here to help.