What is Redlining?
Redlining is a discriminatory practice in which financial services like mortgages, loans, and insurance are denied to residents of...
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professor566
Oct 261 min read
Who is a Realtor?
A Realtor is a real estate agent who is a member of the National Association of Realtors (NAR). This membership signifies adherence to a...
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professor566
Oct 251 min read
What's a Ranch Style Home?
A ranch-style home is a type of residential architecture characterized by its single-story design, long, horizontal shape, and open floor...
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professor566
Oct 201 min read
What is Private Mortgage Insurance (PMI)?
Private mortgage insurance is an insurance frequently required by lenders for borrowers with a down payment of less than 20% of the...
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professor566
Oct 191 min read
What is Probate?
Probate is the legal process of distributing a deceased person's assets. Would you like to learn more about Real Estate? Have you ever...
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professor566
Oct 181 min read
What is New Construction?
New construction refers to the building of a completely new structure, from the ground up. This can include everything from single-family...
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professor566
Oct 171 min read
What is an Origination Fee?
An origination fee is the amount charged by a lender to process a mortgage loan application. Would you like to learn more about Real...
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TOCR Real Estate School
Oct 171 min read
Upcoming Real Estate Pre-Licensing Course: November 4-22, 2024
Are you considering becoming a real estate agent?
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TOCR Real Estate School
Oct 171 min read
Unlock a Future With Limitless Potential
Ready to become a real estate agent but want the flexibility to learn on your own schedule?
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professor566
Oct 161 min read
What is an Option Contract?
An option contract is an agreement that gives one party the right to buy or sell property at a specific price within a certain timeframe....
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professor566
Oct 151 min read
What is an Owner's Title Policy?
An owner's title policy is an insurance policy that protects the homeowner from claims of ownership to the property. Would you like to...
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professor566
Oct 131 min read
What is an Open House?
An open house is a scheduled time when a property is available for potential buyers to view. Would you like to learn more about Real...
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professor566
Oct 121 min read
What is an Off-Market Property?
An off-market property is one that is not listed for sale on the public market. Would you like to learn more about Real Estate? Have you...
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professor566
Oct 111 min read
What is an Offer?
An offer is a proposal to buy or sell property at a specific price and terms. Would you like to learn more about Real Estate? Have you...
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TOCR Real Estate School
Oct 111 min read
Save 40% Off On CE Shop Real Estate Pre-Licensing
Save 40% on all real estate, mortgage, and professional development courses with The CE Shop on Wednesday, October 16th when you visit...
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professor566
Oct 91 min read
What is Negative Amortization?
Negative amortization happens when the monthly mortgage payment is less than the interest due, causing the principal balance to increase....
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professor566
Oct 81 min read
What is Net Operating Income?
Net operation income (NOI) is the property's income after deducting operating expenses. Would you like to learn more about Real Estate?...
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professor566
Oct 61 min read
What is Notice to Quit?
A notice to quit is a legal document that informs a tenant of their obligation to vacate a rental property by a specific date. Would you...
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professor566
Oct 51 min read
What is a Note?
A note is a legal document that outlines the terms of a loan, including the principal amount, interest rate, repayment schedule, and...
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professor566
Oct 41 min read
What is Non-Conforming Use?
A non-conforming use is when property that was legally zoned for a particular use at the time it was built, but no longer complies with...
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