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professor566
Aug 171 min read
What's a HELOC?
HELOC stands for Home Equity Line of Credit . It's a type of loan that allows you to borrow against the equity you've built up in your...
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professor566
Aug 161 min read
What is a Historic District?
A historic district is a designated area containing a significant concentration of historic buildings, structures, sites, or objects...
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professor566
Aug 151 min read
What is Highest & Best Use?
Highest and best use is a fundamental concept in real estate appraisal. It refers to the most profitable legal use of a...
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TOCR Real Estate School
Aug 141 min read
What are the Four Economic Characteristics of Land?
There are four economic characteristics of land - just think of DUST: DEMAND - The more demand there is for a particular property, the...
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ngramuglia3
Aug 131 min read
What is a Closing?
A real estate closing is the final step in a property sale. It's the moment ownership of the property transfers from the seller to the...
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professor566
Aug 101 min read
Who is a Grantor?
A grantor is the person who transfers ownership of a property to another person. In simpler terms, they are the seller in a real estate...
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professor566
Aug 91 min read
Who is a Grantee?
A grantee is the person who receives ownership of a property from the grantor. In simpler terms, they are the buyer in a real estate...
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professor566
Aug 91 min read
What is a Garage?
A garage is a building or enclosed space primarily used for storing vehicles. Would you like to learn more about Real Estate? Have you...
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professor566
Aug 81 min read
What is Fannie Mae?
Fannie Mae is the common name for the Federal National Mortgage Association. It's a U.S. government-sponsored enterprise (GSE) that plays...
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professor566
Aug 71 min read
What is a Greenbelt?
A greenbelt is a designated area of undeveloped land surrounding or neighboring an urban area. It's typically preserved in its natural...
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professor566
Aug 61 min read
What is a Ground Lease?
A ground lease is a long-term agreement where a landowner (lessor) leases land to a tenant (lessee) for a specific period, typically 50...
3 views1 comment
TOCR Real Estate School
Aug 51 min read
Register Today to Save $$ On Real Estate Pre-Licensing Course
Terrie O'Connor Realtors Real Estate School is offering a discounted 75-hour weekday real estate salesperson pre-licensing class from Septem
9 views2 comments
TOCR Real Estate School
Aug 21 min read
Local Student Passes Real Estate Exams with Flying Colors
After completing our three-week intensive course, Depinto was able to confidently tackle the rigorous exams and achieve her goal of becoming
2 views1 comment
professor566
Aug 11 min read
What is a Graduated Payment Mortgage?
A Graduated Payment Mortgage (GPM) is a type of fixed-rate mortgage where the monthly payments start low and gradually increase over a...
4 views1 comment
TOCR Real Estate School
Aug 11 min read
Back to School Sale at Terrie O'Connor's Real Estate School
Are you looking to get your real estate license or brush up on your skills? Now is the perfect time to enroll in one of Terrie O'Connor's...
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professor566
Jul 311 min read
What is a Gross Rent Multiplier?
A Gross Rent Multiplier (GRM) is a simple ratio that compares a property's market value to its annual gross rental income. It's a quick...
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professor566
Jul 301 min read
What is the Government National Mortgage Association?
Government National Mortgage Association (GNMA), commonly known as Ginnie Mae, is a government-owned corporation within the...
5 views1 comment
TOCR Real Estate School
Jul 291 min read
Terrie O'Connor Real Estate School: A Gateway to Success
Chassidy Bello, a satisfied student of Terrie O'Connor Realtors Real Estate School, recently shared her positive experience in a glowing tes
10 views2 comments
TOCR Real Estate School
Jul 291 min read
Google Review By Recent Graduate Julian Felix
Julian Felix, a recent graduate of Terrie O'Connor's Real Estate School, is celebrating his success in passing the NJ real estate exam on hi
3 views1 comment
professor566
Jul 281 min read
What is a Fixture?
A fixture is an item that was once personal property but is now attached to real estate in such a way that it becomes part of the...
2 views1 comment
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