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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TOCR Real Estate School
Oct 91 min read
Terrie O'Connor Realtors: A Graduate's Success Story
Tara M., a recent graduate of Terrie O'Connor Realtors Real Estate School, has nothing but positive things to say about her educational expe
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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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professor566
Oct 31 min read
What is a Net Lease?
A net lease is a lease agreement where the tenant is responsible for paying property taxes, insurance, and maintenance costs in addition...
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professor566
Oct 21 min read
What is a Market Analysis?
A market analysis in real estate is a comprehensive evaluation of a specific property market, such as a neighborhood, city, or...
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professor566
Oct 11 min read
What is a Mortgage Payment?
A mortgage payment is a periodic payment made by a borrower to a lender to repay the principal and interest on a loan used to purchase...
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TOCR Real Estate School
Sep 301 min read
A Positive Experience at Terrie O'Connor Realtors Real Estate School
Brynn B. recently shared a glowing review of their experience at Terrie O'Connor Realtors Real Estate School. They praised the "great teache
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professor566
Sep 291 min read
What is a Multiple Listing Service?
A Multiple Listing Service (MLS) is a database that real estate agents use to share information about properties they have listed for...
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professor566
Sep 281 min read
What is a Mill?
In real estate, a mill is a unit of measurement used to express property tax rates. One mill equals $1 of tax for every $1,000 of...
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TOCR Real Estate School
Sep 281 min read
75 Hour Weekday Real Estate Salesperson Pre-Licensing Class
Our next real estate pre-licensing course is starting on October 7, 2024! Don't miss your chance to become a licensed real estate agent.
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TOCR Real Estate School
Sep 271 min read
The CE Shop - Harness a Thriving Career in the Real Estate Industry
In partnership with The CE Shop , we’re proud to offer 40% off your next Pre-Licensing, Exam Prep, Post-Licensing, and Continuing...
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professor566
Sep 271 min read
What is a Multiple Offer?
Multiple offers in real estate occur when a property receives more than one purchase offer at the same time. This often happens in...
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professor566
Sep 261 min read
What is Market Value?
Market value in real estate refers to the estimated price at which a property would sell in an open market under normal conditions. It's...
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professor566
Sep 251 min read
What is a Mortgage?
A mortgage is a loan used to purchase real estate, typically a home. The lender (like a bank or credit union) provides the borrower with...
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professor566
Sep 241 min read
What is a Luxury Property?
In real estate, a luxury property is a high-end residence that offers exceptional amenities, features, and finishes. While the specific...
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professor566
Sep 221 min read
What is a Loft?
In real estate, a loft is a type of residential unit characterized by its open floor plan, high ceilings, and large windows. Lofts are...
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professor566
Sep 211 min read
What is Lot Size?
In real estate, lot size refers to the total area of land on which a property is situated. It's typically measured in square feet or...
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