Tag: homes

Buying a foreclosed home can be lucrative for those who know what they're doing. But how much do foreclosed homes sell for at auction?...

Owning two homes is a dream for many people. Whether it's a vacation home by the beach or a second home in the mountains,...

What is 'Manufactured Payment' A payment made to pass through dividend and interest payments from the borrower to the lender of those...

What is 'Manufactured Housing - MH' A housing unit constructed primarily off-site prior to being moved to a piece of property where...

What is 'Real Estate Settlement Procedures Act - RESPA' This act was designed to protect potential homeowners and enable them to become...

What is 'Real Estate Owned - REO' Real estate owned, or REO, is the name given to foreclosed-upon real estate, such as...

What is the absorption rate The real estate absorption rate is the rate at which properties are sold in a specific market. It is calculated...

What is a realtor Realtors are licensed professionals who help people buy and sell property. In most states, realtors must be at least 18 years...

What is a 'Real Estate Short Sale' A real estate short sale is any sale of real estate that generates proceeds that...

What is 'Sales Comparison Approach - SCA' A real estate appraisal method that compares a piece of property to other properties with...