Weekly Word Wizard – RealtyMyths

Welcome back to RealtyMyths Weekly Word Wizard! Here are the important real estate terms for the week. Bridge loan – Bridge loans are obtained by those who have not yet sold their previous property, but must close on a purchase property. The bridge loan becomes the source of their funds for the...Read More

Weekly Word Wizard – RealtyMyths

Welcome back to RealtyMyths Weekly Word Wizard! Here are some important real estate terms for the week. Assumption of Mortgage – Buyer takes title to the property by assuming liability for payment of an existing note secured by a mortgage. Building Restrictions – Limitations on the use of...Read More

Weekly Word Wizard – RealtyMyths

Welcome back to RealtyMyths Weekly Word Wizard! Here are the real estate terms for the week. Amenity: An amenity is a feature of a property that makes it more valuable to potential buyers or tenants. The term can refer to features of a single-family home that homeowners include in a real estate listi...Read More

Weekly Word Wizard – RealtyMyths

Welcome back to RealtyMyths Weekly Word Wizard! Here are the terms for the week. Arbitrage: The simultaneous purchase and sale of a security with the purpose of obtaining a higher yield from the differential between its acquisition and selling price. Avulsion: A sudden tearing away of land by the act...Read More

Weekly Word Wizard – RealtyMyths

Welcome back to RealtyMyths Weekly Word Wizard! Here are the real estate terms for the week. Accretion: An increase or addition to land by the deposit of sand or soil washed up naturally from a river, lake, or sea. Actual eviction: The result of legal action originated by a lessor, by which a default...Read More

Weekly Word Wizard – RealtyMyths

Welcome back to RealtyMyths Weekly Word Wizard! Here are the terms for this week: Adverse Possession: Adverse possession is a legal doctrine that allows a person who possesses someone else’s land for an extended period of time to claim legal title to that land. Condominium Fee: A condominium fe...Read More

Weekly News Roundup-RealtyMyths

Hi guys, and welcome back to yet another Weekly news roundup, without further ado, let’s talk real estate. Beginning with PM Modi’s comment on Real Estate, post-budget announcement. PM Narendra Modi said that his govt. will give a boost to the sector, in the CREDAI conference. He also highlighted the...Read More

Weekly News Round Up – RealtyMyths

Hi guys, and welcome back to the weekly news roundup, where we talk about the current news in the real estate industry. So let’s begin!  Starting with the RBI policy changes. RBI cut the Key Repo rate by 0.25% to 6.25%. The central bank also changed its monetary policy stance to ‘neutral’ from the e...Read More

Weekly Word Wizard- RealtyMyths

Welcome back to RealtyMyths weekly word wizard! Here are some real estate terms that you should know. Condotel: A condotel is a condominium project that is operated as a hotel with a registration desk, cleaning service and more. The units are individually owned. Contingency Clause: A contingency clau...Read More

Weekly News Round Up – RealtyMyths

Hey guys! Welcome back to another weekly news roundup, where we inform you about the real estate happenings of the past week.  So let’s get started.  Beginning with SC’s latest rule. Recently the Supreme Court (SC) has ruled that in a Hindu woman married to a Muslim man is not entitled to the husba...Read More

Weekly Word Wizard – RealtyMyths

Welcome back to RealtyMyths weekly word wizard. Here are some terms for the week that you should know. Condominium Fee: A condominium fee is paid by all property owners of a condominium complex to cover ongoing maintenance costs. The fee is often based on the size of the condo unit and anticipated an...Read More

Weekly News Round Up

Hi guys, welcome back to the Brand new set of weekly news roundup where we update you about happenings in the real estate world in the past week. So let’s get started! Beginning with good news for the under-construction property owners. The GST Council scheduled to discuss lowering GST on under-const...Read More

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