Tag: homes
How Much Do Foreclosed Homes Sell for at Auction: Tips and...
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?...
Pros and Cons of Owning Two Homes
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,...
Manufactured Payment
What is 'Manufactured Payment' A payment made to pass through dividend and interest payments from the borrower to the lender of those...
Manufactured Housing (MH)
What is 'Manufactured Housing - MH' A housing unit constructed primarily off-site prior to being moved to a piece of property where...
Real Estate Settlement Procedures Act (RESPA)
What is 'Real Estate Settlement Procedures Act - RESPA' This act was designed to protect potential homeowners and enable them to become...
Real Estate Owned (REO)
What is 'Real Estate Owned - REO' Real estate owned, or REO, is the name given to foreclosed-upon real estate, such as...
Absorption Rate
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...
Realtor
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...
Real Estate Short Sale
What is a 'Real Estate Short Sale' A real estate short sale is any sale of real estate that generates proceeds that...
Sales Comparison Approach (SCA)
What is 'Sales Comparison Approach - SCA' A real estate appraisal method that compares a piece of property to other properties with...