Virtual or In-Person Real Estate Pre-Licensing Course
Our upcoming real estate pre-licensing course starting on May 6th is now a hybrid course. This means that all of our students for this...
top of page
Search
professor566
Apr 91 min read
What is a Multiple Listing Service?
A multiple listing service (MLS) is database shared by real estate professionals that lists properties currently or previously in the...
4 views1 comment
professor566
Apr 61 min read
What is a Maintenance Fee?
A maintenance fee is a fee paid by homeowners in some communities, such as condominiums or planned developments, to cover the cost of...
16 views1 comment
professor566
Apr 51 min read
What is Market Value?
Market value is the estimated price a willing buyer would pay to a willing seller in an open market transaction, two strangers each...
10 views1 comment
professor566
Apr 41 min read
What is a Lot?
A lot is a defined piece of land within a larger development or subdivision. Lots are typically identified by a number on a plat map....
9 views1 comment
professor566
Apr 31 min read
What is Loan to Value Ratio?
A loan to value ratio (LTV) is used by lenders to determine how much money they are willing to lend on a mortgage compared to the...
16 views1 comment
professor566
Apr 21 min read
What is a Listing?
A listing is an agreement between a property owner (seller or a landlord) and a real estate broker authorizing the brokerage to market...
3 views1 comment
professor566
Mar 311 min read
What is a Lien?
A lien is a legal claim against a property that must be satisfied before the property can be sold or transferred. There are many...
6 views1 comment
professor566
Mar 301 min read
What is a Lender?
The financial institution that provides a mortgage loan to a borrower to purchase real estate. Would you like to learn more about Real...
6 views1 comment
TOCR Real Estate School
Mar 291 min read
Two Real Estate Pre-Licensing Courses Starting April 1st, 2024
We have two real estate pre-licensing courses starting on Monday, April 1st, 2024. Our evening class will be in-person from April 1st ->...
7 views0 comments
professor566
Mar 291 min read
What is a Legal Description?
A legal description is a precise written description of a property according to a government-recognized system, used to identify the...
7 views1 comment
professor566
Mar 281 min read
What is a Lease?
A lease is a legal agreement between a property owner (lessor or landlord) and someone who wants to occupy the property (lessee or...
6 views1 comment
professor566
Mar 271 min read
What is a Judicial Foreclosure?
A judicial foreclosure type of foreclosure that goes through the court system. The lender must file a lawsuit against the borrower and...
8 views1 comment
professor566
Mar 261 min read
What is a Judgment?
A judgment is a court order that requires a person to pay a debt. If a judgment is placed against a property owner, it can become a lien...
5 views1 comment
TOCR Real Estate School
Mar 251 min read
Virtual or In-Person Real Estate Pre-Licensing Class: April 1st - 19th, 2024
Students now have the options to choose between in-person OR virtual/remote for our upcoming pre-licensing course running from April...
6 views1 comment
professor566
Mar 241 min read
What is a Jumbo Loan?
A Jumbo Loan or non-confirming loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. These loans...
34 views1 comment
professor566
Mar 231 min read
What is Joint Tenancy with the Right of Survivorship?
Joint tenancy with the right of survivorship is a type of ownership where two or more people own a property together with equal shares....
5 views1 comment
professor566
Mar 221 min read
What is Insurance?
Insurance is a contract that protects a property owner from financial loss in the event of a covered event, such as a fire, theft, or...
6 views1 comment
professor566
Mar 211 min read
What is Interest?
Interest is the cost of borrowing money. When you take out a mortgage, you pay interest on the loan amount. The interest rate is a...
11 views1 comment
professor566
Mar 201 min read
What is an Inspection?
An inspection is a thorough examination of a property by a qualified professional, such as a home inspector, to identify any defects or...
6 views1 comment
bottom of page