Real Estate

A balloon mortgage is a mortgage with little to no monthly payment. However, the borrower is required to pay off the entire mortgage balance and […]

A breach of contract is a term used when one fails to fulfill legal terms or agreements made to another party. This breach of contract

The term built-in is used to define all items permanently built or attached on a real estate. Built-ins can range from cabinets, furniture, shelves, dishwasher,

The term as-is means that the house listed will be sold the way it was posted without any updates. In other words, the buyer must

What is a realtor? The National Association of Realtors(NAR) defines a realtor as a federally registered collective membership mark which identifies a real estate professional

What is real estate? Real estate can be summarized as the property, land that comes with it, and all-natural resources on the land. These natural

Cash reserve is the money you have left after paying your down payment, closing costs and related fees. Since you bought the property on a

One of the best ways to determine the accurate value of a property is to compare it with similar properties recently sold or listed on

What is equity? Equity is defined as the total ownership you have in a property. In real estate, your equity will be the difference between

Amortization is a term used when the owner of a property is paying off a debt in equal installments. A portion of the payment will