Fair Market Value (FMV)
One of the most important real estate terms that any agent should know is Fair Market Value (FMV). FMV is an accurate representation of...
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TOCR Real Estate School
Jul 16, 20211 min read
Google Review!
Interested in taking a new career path? Our August & September real estate pre-licensing courses are filling up so make sure to register...
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TOCR Real Estate School
Jul 15, 20211 min read
What is Wainscoting?
Wainscoting is a decorative element often installed below chair rails that features large, rectangular panels made out of painted wood or...
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TOCR Real Estate School
Jul 13, 20211 min read
Metes & Bounds
A system of land description using distance (metes) and angles/compass directions (bounds), beginning and ending at the same point....
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TOCR Real Estate School
Jul 9, 20211 min read
What are Palladian Windows?
These windows are made up of one long rectangular panel with a rounded top flanked by two shorter rectangular windows with flat tops....
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TOCR Real Estate School
Jul 9, 20211 min read
Home Style Showcase: Colonial Homes
Found frequently in the northeastern USA, these homes are characterized by gently sloped roofs, an entrance door in the middle of the...
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TOCR Real Estate School
Jul 9, 20211 min read
What is Foreclosure?
When property is sold to satisfy the owner's debt when mortgage payments are missed or other circumstances. The foreclosure procedure...
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TOCR Real Estate School
Jul 7, 20211 min read
Eminent domain
The right of a government or municipal quasi-public body to acquire property for public use through a court action called condemnation,...
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TOCR Real Estate School
Jul 2, 20211 min read
New September 2021 Class
Interested in learning more? Check out tocrres.com/register to view our upcoming classes! #OnlineLearning #RealEstate
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TOCR Real Estate School
Jul 2, 20211 min read
Home Style Showcase: Storybook Style Homes
Storybook homes are houses that take inspiration from medieval European homes. Incorporating stone and shingled roofs, you can usually...
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TOCR Real Estate School
Jun 30, 20211 min read
A Real Estate Purchase/Sale Agreement
A legal document that obligates a buyer to buy and a seller to sell. This contract between a buyer and seller details the property being...
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TOCR Real Estate School
Jun 29, 20211 min read
What is Dual Agency?
Dual Agency is when a real estate agent represents the seller and the buyer in the same transaction! Curious to learn more? Want to see...
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TOCR Real Estate School
Jun 28, 20211 min read
What is an Addendum?
An addendum is a document that is added to a real estate contract or purchase agreement. Interested in learning more? Check out...
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TOCR Real Estate School
Jun 25, 20211 min read
What is a Homeowner's Association?
A homeowner's association is when a group of homeowners in a community, such as a condo, join in paying fees that cover the maintenance...
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TOCR Real Estate School
Jun 22, 20211 min read
What is Right of Refusal?
A lease or contract might include what is called "right of first refusal," which allows an individual to have the right to put an offer...
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TOCR Real Estate School
Jun 21, 20211 min read
Home Style Showcase: Laminate Floor
Laminate flooring, also known by the earlier trademark “Pergo,” is a modern flooring product that uses layers of synthetic materials that...
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TOCR Real Estate School
Jun 17, 20211 min read
Google Review
Come see what the hype is all about by registering at tocrres.com/register ! #OnlineLearning #RealEstate
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TOCR Real Estate School
Jun 16, 20211 min read
The Federal Housing Administration
The Federal Housing Administration (FHA) is a fully owned government corporation that's aim is to improve housing standards and...
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TOCR Real Estate School
Jun 14, 20211 min read
What is Joint Tenancy?
Joint Tenancy is a way for two or more people to share ownership of real estate or other property. If one of the owners were to die then...
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TOCR Real Estate School
Jun 9, 20211 min read
Home Style Showcase: Pocket Doors
Pocket doors are similar to French doors except, they slide on tracks into the wall instead of opening on hinges. This allows the owner...
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