Ads
related to: what is nadart mean in real estate terms for dummies
Search results
Results from the WOW.Com Content Network
Here are 15 real estate terms you need to know. Real Estate Agent. Professional who represents the seller (listing agent) or buyer (buyer’s agent) in a real estate transaction. Agents are ...
The homebuying process involves many steps — from initially prequalifying for a loan to closing day when the keys are finally in your hand. It also involves various players, such as a lender,...
Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...
Imputed rent is the rental price an individual would pay for an asset they own. The concept applies to any capital good, but it is most commonly used in housing markets to measure the rent homeowners would pay for a housing unit equivalent to the one they own. Imputing housing rent is necessary to measure economic activity in national accounts.
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, making it the largest trade association in the United States including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Wraparound mortgage. A wraparound mortgage, more commonly known as a "wrap", is a form of secondary financing for the purchase of real property. [1] [2] The seller extends to the buyer a junior mortgage which wraps around and exists in addition to any superior mortgages already secured by the property. Under a wrap, a seller accepts a secured ...
Property ladder. The term property ladder —or housing ladder [1] —, widely used in the United Kingdom, describes the relative differences in constant terms from cheaper to more expensive housing. According to this metaphor, an individual or a family can progress by stages from starter homes (for younger first-time buyers who are typically ...
Property law. Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Ads
related to: what is nadart mean in real estate terms for dummies