Real Estate Dictionary

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 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 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 Word Wizard – RealtyMyths

Welcome back to RealtyMyths weekly word wizard! Here are the words for this week. Contingency – A condition that must be met before a contract is legally binding. Delinquency – A loan in which a payment is overdue but not yet in default. Due-On-Sale Provision – A provision in a mort...Read More

Weekly Word Wizard – RealtyMyths

Welcome back to RealtyMyths weekly word wizard. Here are some real estate terms that you should know. Canvassing:The practice of making telephone calls or visiting from door to door to seek prospective buyers or sellers; in the real estate business, generally associated with acquired listings in a gi...Read More

Weekly Word Wizard – RealtyMyths

Welcome back to RealtyMyths weekly word wizard. Here are some real estate terms that you should know. Deed – A legal document, duly executed and delivered by the grantor that conveys to the grantee some right, title or interest in or to real estate. Delinquency – A loan in which a payment...Read More

Real Estate Word Wizard

Welcome back to RealtyMyths weekly word wizard. Here are some real estate terms that you should know. Collateral – In a home loan, the property is the collateral. The borrower risks losing the property if the loan is not repaid according to the terms of the mortgage or deed of trust. Condominiu...Read More

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