Buying

First-Time Home Buyers How Much House Can I Afford Down Payments Credit Scores & Mortgages FHA Loans VA Loans USDA Loans Jumbo Loans Escrow Explained Closing Costs Home Inspections Appraisals

Selling

Pricing Your Home Home Staging Pre-Listing Repairs Marketing Your Listing Negotiating Offers Seller Disclosures The Closing Process Capital Gains on a Home Sale Selling Cost Calculator

Investing

Rental Property Investing The BRRRR Method House Flipping Short-Term Rentals Multifamily Self Storage Mobile Home Parks REITs Real Estate Syndications 1031 Exchanges DSCR Calculator Cap Rate Calculator

Calculators

Mortgage Calculator Refinance Calculator Amortization Schedule Affordability Calculator Loan Comparison Cash Flow Calculator Cap Rate Calculator NOI Calculator DSCR Calculator ROI Calculator Closing Cost Calculator Property Tax Calculator House Flip Calculator Rent vs Buy All 16 calculators

Resources

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194 terms

Real Estate Glossary

Plain-language definitions with real examples, covering buying, selling, investing, mortgages, commercial property, property management, legal, tax, and insurance terminology.

A

Absorption Rate Abstract of Title Acceleration Clause Accessory Dwelling Unit Accrued Interest Adjustable Rate Cap Adjustable-Rate Mortgage Adjusted Basis Adverse Possession Affidavit of Title Amortization Annual Percentage Rate Appraisal Appraisal Gap Appreciation As-Is Sale Assessed Value Assignment Assumable Mortgage

B

Balloon Payment Basis Point Blanket Mortgage Bridge Loan BRRRR Buydown

D

Days on Market Debt Service Debt Service Coverage Ratio Debt-to-Income Ratio Deed Deed in Lieu of Foreclosure Deed of Trust Default Deferred Maintenance Depreciation Depreciation Recapture Disclosure Statement Discount Points Dual Agency Due Diligence Due-on-Sale Clause

E

Earnest Money Easement Effective Gross Income Encroachment Encumbrance Equity Equity Multiple Escalation Clause Escrow Estoppel Certificate Eviction Exchange Accommodation Titleholder

F

Fair Housing Act Fee Simple FHA Loan Fiduciary Duty Fixed-Rate Mortgage Flip Forbearance Foreclosure Functional Obsolescence Funds From Operations

G

General Warranty Deed Gross Potential Rent Gross Rent Multiplier Ground Lease

H

Hard Money Loan Hazard Insurance HELOC HOA Homeowners Warranty Homestead Exemption

I

Impound Account Improvements Internal Rate of Return

J

Joint Tenancy Jumbo Loan

L

Lease Option Leasehold Lien Lis Pendens Loan Estimate Loan-to-Value Ratio Lock-In Effect Loss to Lease

M

Market Value Mechanics Lien Millage Rate Mixed-Use Development Mortgage Insurance Multiple Listing Service

N

Negative Leverage Net Absorption Net Effective Rent Net Operating Income Non-Recourse Loan Nonconforming Use Notice of Default

O

Occupancy Rate Operating Expense Ratio Option Period Origination Fee Owner Financing

P

Partial Release Percentage Rent Phase I Environmental Site Assessment PITI Pocket Listing Pre-Approval Preferred Return Prepayment Penalty Principal Private Mortgage Insurance Pro Forma Proration

Q

R

Real Estate Investment Trust Reconveyance Recording Redemption Period Refinance Rent Control Rent Roll Rentable Square Feet Replacement Cost Replacement Reserve Rescission Reserve Fund Return on Investment Reverse Mortgage Right of First Refusal Right of Way Riparian Rights

S

Sale-Leaseback Seasoning Second Mortgage Section 8 Security Deposit Seller's Market Settlement Statement Short Sale Special Assessment Specific Performance Straight-Line Depreciation Subject-To Sublease Survey

T

Tenancy by the Entirety Tenancy in Common Tenant Improvement Allowance Title Title Insurance Townhouse Triple Net Lease Trust Deed

U

Underwriting Usable Square Feet

V

VA Loan Vacancy Rate Value-Add Variance

W

Walk-Through Waterfall Weighted Average Lease Term Wholesaling Wraparound Mortgage

Y

Yield Maintenance

Z