What is a Duplex?
A duplex is a residential building with two separate dwelling units. A duplex essentially functions as two homes under one roof. Each...
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professor566
Jul 121 min read
What is a Down Payment?
A down payment is the portion of the purchase price that you pay upfront, out of pocket, when you buy a home. It's essentially your...
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professor566
Jul 111 min read
What is a Deposit?
A deposit us usually an upfront payment made by the buyer to show good faith and secure the property while the terms and conditions of...
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TOCR Real Estate School
Jul 111 min read
Hybrid Real Estate Pre-Licensing Course: August 5-23, 2024
Considering a career in real estate? Register now to qualify for early bird pricing for Terrie O'Connor Realtors Real Estate School's...
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professor566
Jul 101 min read
What is a Default?
In a contract, a default refers to a situation where one party (the defaulting party) fails to fulfill their obligations as outlined in...
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TOCR Real Estate School
Jul 101 min read
Buy And Save - Real Estate Pre-Licensing Course: August 5-23, 2024
Considering a career in real estate? Register now to qualify for early bird pricing for Terrie O'Connor Realtors Real Estate School's...
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professor566
Jul 91 min read
What is a Deed?
A deed is a legal document that transfers ownership of a property from the seller (grantor) to the buyer (grantee). Would you like to...
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TOCR Real Estate School
Jul 91 min read
Teacher, Nurses and Veterans Discounts
All teachers, nurses and veterans can buy now and save $100 on upcoming real estate pre-licensing courses. View our entire list of...
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professor566
Jul 71 min read
What is Curb Appeal?
Curb appeal refers to the visual attractiveness of a property from the street. It's essentially a property's first...
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professor566
Jul 61 min read
What are Covenants, Conditions & Restrictions?
CC&Rs, which stands for Covenants, Conditions, and Restrictions, are a legally binding document that applies to many planned...
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professor566
Jul 51 min read
What are Carrying Costs?
Carrying costs, also sometimes called holding costs or carrying charges, are the ongoing expenses associated with owning a...
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professor566
Jul 41 min read
What is Cash Flow?
In real estate, cash flow refers to the money you earn from a property minus the money you spend on it. Basically, cash flow is the money...
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professor566
Jul 31 min read
What is a Contingency?
In a real estate contract, a contingency is a clause that outlines a specific condition that needs to be met before the contract is...
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professor566
Jul 21 min read
What are Comparable Sales?
Comparable sales or comps are properties that are similar to the one you're interested in, in terms of location, size, and features....
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professor566
Jun 301 min read
What is a Contract for Sale?
A contract for sale is a legally binding agreement outlining the terms of a real estate transaction, including the purchase price,...
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professor566
Jun 291 min read
What is Chain of Title?
Chain of title is the historical record of ownership for a property, tracing it back to the original owner. Would you like to learn more...
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professor566
Jun 271 min read
What is Capitalization Rate?
Capitalization rate or cap rate is a metric used to estimate the return on investment for a rental property. It's calculated by dividing...
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professor566
Jun 261 min read
What is a Cooperative?
A cooperative (co-op) is a type of ownership where you purchase shares in a corporation that owns the entire building. You then have the...
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TOCR Real Estate School
Jun 261 min read
Graduate Testimonial - Elizabeth Bucceri
Elizabeth Bucceri is a graduate from our real estate school. If you are interested in becoming a real estate agent then register today...
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professor566
Jun 251 min read
What is a Condominium?
A condominium (condo) is a type of ownership where you own a single unit within a larger building, along with a shared interest in the...
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