What does a fixer-upper mean? A fixer-upper is a home that can be lived in but needs some renovations, according to Redfin. These houses are […]
Fixer Upper: Basics and how to buy a fixer-upper? Read More »
What is a foreclosed home? A foreclosed home is one that was repossessed by the lender because the owner defaulted on the mortgage payments. The
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What is flood insurance? Flood insurance is an insurance that protects homeowners from losses associated with floods. Flood insurance is very important especially when the
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What is the meaning of for sale by owner? For sale by owner a.k.a FSBO is a term used on a house that the owner
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What is the meaning of easement? The easement is the right given to a person to use someone else property, according to Realtor. This means
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What is FHA? The federal housing administration or FHA in short gives insurance on loans provided by FHA-approved moneylenders such as banks, credit unions, etc.
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What is a cooperative? A cooperative a.k.a co-op is a business, organization, or a farm owned and run by its members who then share its
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What is a condominium? A condominium a.k.a condo is an apartment building where each unit or apartment is Individually owned, according to Cambridge Dictionary. However,
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what does concession means? In real estate, a concession is a discount or benefit that a buyer or seller offers to the other party in
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What the meaning of comparable? Comparables are homes with similar conditions, same age, sizes, style, and located in the same location. Real estate agents, house
Comparables: What is the meaning of comparables? Read More »