What Are Comparables Or Comps?

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...

The first answer that comes to mind when someone asks how does where you live affect how you live is: do you have a lot of spare time? Because this one takes a while to answer… Like ...

Paid advertorials are articles written by public relations professionals that have just one goal in mind - to get you to buy a home. I\'m sure you\'ve seen them all over Newspaper Ads, ...

Wondering what is the best noise pollution definition? You can understand both words but they seem weird together, right? Is the noise pollution definition something like noises that are ...

Yes, you can use two realtors® to sell your house. Actually, more than two. You can use how many you’d like. It’s what is called an Open Listing. In it, the home seller ...

There’s been a lot of demand for QR codes for real estate signs as they became a fabulous way to go beyond the advertising nature of the traditional static “for sale” ...

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

Concrete or timber beam that serves as a support in the wall structure of a building. Concrete tie beams are often reinforced with steel rods. ...

Loan that combines smaller loans into one larger loan and typically arises from refinancing debt. It typically results in a lower overall interest rate, longer payment schedule, and lower ...

Way of valuing real estate that computes the discounted present value of an expected stream of income, including rental income and future capital gains or losses. ...

Sudden, drastic change in organization, direction, objectives, strategies, or functioning. It is often associated with a new owner who wants things his way. Managers and employees may ...

Method of construction where part of the structure is supported by a cantilever beam or truss. ...

A liability that does not go beyond the owner's investment in a real estate business. A corporation and limited partners have this benefit. The stockholders of a corporation usually have ...

Significant elevation of land. Narrow upward strip. Connection of edges between different sloping surfaces. ...

Real estate broker specializing in the listing and selling of commercial property. This property can include apartments, businesses, hotels, industrial, retail or wholesale uses. ...