What Is A Buydown?

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

Say you are the proud Tenant of a home and you made the greatest deal ever – it’s in an awesome neighborhood, it has a sweet rent price and it came already fully furnished; ...

If you’re looking into how to get a job in real estate and arrived at this page: congratulations; you’ve just made a big step toward your first real estate job! Not only ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loan. ...

Gulf Shores is a coastal city located in the southmost part of Alabama. Although a small city with around 12,000 people, their economy is thriving because of the 5 million tourists that ...

You probably don't have the correct knowledge to represent yourself. The seller pays the real estate commission, not the buyer, and real estate commissions are already set in the listing ...

Everyone in your family thinks they know how to take pictures to sell your house, right? They say you shouldn’t spend money hiring a professional photographer since you are already ...

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

Government program of providing low interest rate mortgages to low-income qualified buyers. In the tandem program, the Federal National Mortgage Association (FNMA) purchases low interest ...

Amount to be paid by a person or business for violating a statute or legal court order. It may also be assessed for violating the provisions of a contract. Examples of penalties are a ...

Market in which the spreads between the asking and offer price of real estate are small. The property may be in abundant supply and actively traded. ...

(1) Architectural plan of a structure in the form of a picture in white on a blue background. Contains lines and solids shapes and aids in the planning, outlining, and construction of a ...

Large, high-volume food store where customers serve themselves by going through the aisles and selecting their groceries to be paid at the cash register on the way out. ...

Way to acquire title to real estate when an occupant has been in actual, open, exclusive, and continuous occupancy of property for an extended period of time. ...

A major party to a transaction, such as a seller or purchaser of property, remains anonymous. An example is when someone acts on behalf of a purchaser who wishes his identity not to be ...

A knowledgeable person authorized to aid in the underwriting of property and casualty insurance. ...