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Cap rate, or capitalization rate, is a key metric used in commercial real estate to assess the…
Contingent in real estate means that a property is under contract, but the sale is dependent on…
Community Conditions, Covenants and Restrictions (CC&R) are the rules, regulations and bylaws that govern a residential property…
REO stands for “real estate owned” and refers to properties that have been foreclosed on and taken…
Internal Rate of Return (IRR) is a financial metric used to evaluate the profitability of an investment….
Real estate agents play a vital role in the home buying and selling process. They help buyers…
A short sale in real estate is when a homeowner sells their property for less than the…
Pending is the status of a real estate property that has a signed purchase agreement between the…
Capital expenditures (CapEx) in real estate are the expenses associated with acquiring, improving, or maintaining physical assets…
An automated valuation model (AVM) is a computer-generated estimate of a property’s value based on mathematical algorithms…