I SPEAK:
Market condition in which sellers exceed buyers, thereby causing prices to fall. In real estate, declining markets may result from unfavorable business conditions and high interest rates. ...
Landlord's right to receive the value of the tenant's property to pay for unpaid rents or for damages to the leased premises. ...
Stipulation in a contract on how property can or cannot be used. For example, a rental agreement may stipulate that an apartment may not be used for retail trade. ...
The rate charged the borrower each period for the loan of money, by custom quoted on an annual basis. A mortgage interest rate is a rate on a loan secured by a specific property. Calculating the Interest Due from the Interest Rate: The interest rate is used to calculate the interest payment the borr ...
Costs associated with first-year expenses, claims expense, administrative expenses, and renewal expenses. ...
Real Estate Niche: Green Homes
Life in the 21st century is coming with some very welcome changes. Nowadays, it’s becoming more approachable to have a lifestyle that allows you to live more harmoniously with your environment. We're heading towards a much broader path towards sustainability. People are looking into what a sustainable lifestyle would ask of them, and what changes they would have ...
How Your Appearance Affects Your Sales
As a real estate professional, you’ve probably heard one person or another talk about “dressing for success” while they show you their new watch or tailored suit. This expression is used broadly in a lot of different ways, but in the world of real estate it actually holds a lot more meaning than you might imagine. A crucial aspect of working as a ...
Restoring A Repossessed Home: Dealing With Damage
For a person who’s got an enterprising spirit, the world is full of money-making opportunities. From investment to entrepreneurship and good old-fashioned hard work, there is almost no set of circumstances that can keep a sharp-witted business man or woman down financially. Everyone gets knocked down from time to time; what’s important is how you go about ...
How To Build Confidence As A Realtor
If you’re just starting out in the world of real estate, you’ll quickly find out just how important it is to be confident. As is the case in many other business sectors, what you’re selling isn’t as important as the way in which you sell it. The better your pitch, the more likely people are to buy, and the best way to improve your pitch is by ...
Downsizers And Empty Nesters: A Real Estate Niche
Up until a certain point in their lives, most homebuyers cite size as a primary priority when purchasing property. Many start with a small, modest house that comes with small, modest mortgage payments, and then work their way up through the real estate world, buying larger and larger homes as they accrue more wealth and financial stability. There’s a ...