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What is a Wraparound Mortgage?
A wrap-around mortgage is a unique type of seller financing where the seller maintains their existing mortgage on the property and then...
professor566
Nov 28, 20241 min read
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What are Wetlands?
Wetlands are areas of land that are saturated with water, either permanently or seasonally. They are characterized by their unique soil...
professor566
Nov 27, 20241 min read
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What are Water Rights?
Water rights in real estate refer to the legal rights of a property owner to access and use water from a specific source, such as a...
professor566
Nov 26, 20241 min read
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What is a Walk Through?
A walk-through in real estate is a final inspection of a property before the closing process. It's an opportunity for the buyer and their...
professor566
Nov 24, 20241 min read
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What is Vacancy Rate?
Vacancy rate is the percentage of rental units or commercial space that is unoccupied. Would you like to learn more about Real Estate?...
professor566
Nov 23, 20241 min read
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What is a Virtual Tour?
A virtual tour is a digital tour of a property, often created using 360-degree photography or video. Would you like to learn more about...
professor566
Nov 22, 20241 min read
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What is a Variance?
A variance is an exception granted by a zoning board that allows a property owner to deviate from specific zoning regulations. Would you...
professor566
Nov 21, 20241 min read
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What is Real Estate?
Real estate is the land along with any permanent improvements attached to the land, whether natural or manmade. That would include...
Darlene Freidman
Nov 19, 20241 min read
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What is a Unilateral Contract?
A unilateral contract in real estate is a type of agreement where only one party makes a promise in exchange for a specific action by the...
professor566
Nov 17, 20241 min read
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What is Usury?
Usury in real estate refers to the practice of charging excessively high interest rates on loans, particularly in the context of real...
professor566
Nov 16, 20241 min read
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What is Meant By "Staging a Home"?
Staging a Home is a process of preparing a residence for sale for the marketplace by dressing it up. The goal of staging is to make a...
professor566
Nov 15, 20241 min read
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What is Underwriting for a Mortgage?
Mortgage underwriting is the process by which a lender evaluates your financial situation to determine if you qualify for a loan and to...
professor566
Nov 15, 20241 min read
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TOCR Real Estate School
Nov 13, 20241 min read
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What is Title Insurance?
Title insurance is a type of insurance that protects the buyer or lender against losses due to title defects or claims against the...
professor566
Nov 8, 20241 min read
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What is Title?
Title is the legal right to own a property. Determining clear title is one of the essential steps when buying or selling property. Would...
professor566
Nov 7, 20241 min read
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TOCR Real Estate School
Nov 7, 20241 min read
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What is Tenancy?
Tenancy is the legal relationship between a landlord and a tenant. There are different types of tenancy, including tenancy at will,...
professor566
Nov 6, 20241 min read
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What is a Subdivision?
A subdivision is a piece of land that has been divided into multiple parcels (or plats) meant for individual ownership. Typically, a...
professor566
Nov 5, 20241 min read
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What is a Quiet Title Action?
A quiet title action is a legal process used to resolve disputes or eliminate uncertainties over the ownership of a property. It's...
professor566
Nov 3, 20241 min read
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What is a Quitclaim Deed?
A quitclaim deed, sometimes mistakenly referred to as a quick claim deed, is a legal document used to transfer ownership of real estate....
professor566
Nov 2, 20241 min read
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