Real Estate Term of the Week
Dual Agency: Occurs when the listing broker represents both the seller and the buyer in the same real estate transaction....
Dual Agency: Occurs when the listing broker represents both the seller and the buyer in the same real estate transaction....
Most real estate transactions involve two agents, one representing the buyer and one representing the seller. Situations arise, however, where...
CMA (Comparative Market Analysis): An evaluation of similar, recently sold homes (called comparables) that are near a home intended to...
Whether you’re buying or selling, chances are good that you’ve checked out Zillow’s Zestimate on homes in your area. Zestimates...
15-year fixed mortgage: A loan with a term of 15 years that has an interest rate that is fixed for...
Building equity in your home can be an overlooked benefit to home ownership. Home equity is the amount of home...
Appraisal: An estimation of a home’s market value by a licensed appraiser based on comparable recent sales of homes in...
In a seller’s market, it seems as fast as new homes come on the market they’re under contract. But this...