Yahoo Canada Web Search

Search results

1. www.zillow.com › learn › real-estate-terms-home78 Real Estate Terms and Expressions You Should Know

   www.zillow.com › learn › real-estate-terms-home

   • Cached

   Mar 20, 2023 · 26. Equity. A percentage of the home’s value owned by the homeowner. 27. Escalation clause. A clause or addendum to a real estate contract or offer that states a buyer is willing to raise his or her offer price to a predetermined amount if the seller receives a higher competing offer for the property.

2. www.realtor.ca › blog › real-estate-terms-cheatReal Estate Terms Cheat Sheet - REALTOR.ca Blog

   www.realtor.ca › blog › real-estate-terms-cheat

   • Cached

   The REALTOR.ca mortgage affordability calculator s can help you perform your own PITH test to estimate affordable mortgage payments. When taking out a mortgage, home buyers grant the bank a lien on the property. This gives the bank the right to seize your property in the event you don’t repay your mortgage.

3. theclose.com › real-estate-terms136 Real Estate Terms and Definitions You Need to Know

   theclose.com › real-estate-terms

   • Cached

   Nov 13, 2023 · You can explain to them that a commission is the amount charged by the real estate agents who lead the transaction. It is almost always paid by the seller. Generally 6% of the purchase price of the property, commissions are usually split between the buyer and seller agents and then between the agents and their brokers.

4. www.ablison.com › what-does-liquidation-mean-inWhat Does Liquidation Mean In Real Estate | Ablison

   www.ablison.com › what-does-liquidation-mean-in

   • Cached

   Sep 21, 2024 · Understanding the Concept of Liquidation in Real Estate. Liquidation in real estate refers to the process of converting property assets into cash, typically when an individual or entity is facing financial distress or aims to divest its holdings quickly. This can occur in various contexts, such as during bankruptcy proceedings, estate ...

5. www.propertyme.com.au › blog › property-managementThe ultimate glossary of Real Estate terms and abbreviations

   www.propertyme.com.au › blog › property-management

   • Cached

   Jan 3, 2023 · Appraisal: The term commonly used in America to indicate what is termed in Australia as a Valuation. In Australia, the term means an opinion of the potential saleability of a residential property by a licensed Real Estate Agent. Appreciation: An increase in value. APRA: Australian Prudential Regulation Authority.

6. glossary.guide › Glossary-of-Real-Estate-TermsGlossary of Real Estate Terms

   glossary.guide › Glossary-of-Real-Estate-Terms

   Below-grade: Any facility or part of a facility located underground or below the surface grade. Breach of Warranty: The failure of the seller of real property to pass title as either expressed or implied by law in the conveyancing document. Buffer: A strip of land. a transition established as between distinct land uses.

7. People also ask

   What does lease mean in real estate?

   • The terms have come to mean the most technical and all-inclusive description of real estate. Lease: An agreement whereby the owner of real property (i.e., landlord) gives the right of possession to another (i.e., tenant) for a specified period of time (i.e., term) and for a specified consideration (i.e., rent).

   Glossary of Real Estate Terms

   glossary.guide/wp-content/uploads/2021/03/Glossary-of-Real-Estate-Terms.pdf

   See all results for this question

   What does auction mean in real estate?

   • Auction: A sale usually in public, by an auctioneer, in which property is sold to the highest bidder. Auction agency agreement: An agreement that the vendor must sign when a property is listed for auction. Details the reserve price and the costs of the auction, including advertising and the agent’s commission.

   The ultimate glossary of Real Estate terms and abbreviations

   www.propertyme.com.au/blog/property-management/ultimate-glossary-real-estate-terms-abbreviations

   See all results for this question

   What does a longer amortization period mean?

   • A longer amortization period means lower monthly payments but higher interest rates. Mortgage lenders use Principle, Interest, Taxes and Heating (PITH) as a tool to ensure mortgage affordability by determining the monthly payments that can be made by the home buyer.

   Real Estate Terms Cheat Sheet - REALTOR.ca Blog

   www.realtor.ca/blog/real-estate-terms-cheat-sheet/11596/1361

   See all results for this question

   What does capitalization mean in real estate?

   • Used to determine and value real property through the capitalization process. Also called “free and clear return. See “Capitalization.” Carrying Charges: Various costs that are incidental to ownership (e.g., taxes insurance costs and maintenance expenses).

   Glossary of Real Estate Terms

   glossary.guide/wp-content/uploads/2021/03/Glossary-of-Real-Estate-Terms.pdf

   See all results for this question

8. realestate.usnews.com › real-estate › articles11 Real Estate Terms That Every Buyer And Seller Should Know

   realestate.usnews.com › real-estate › articles

   • Cached

   Sep 13, 2024 · 7. Concessions. In a negotiation, one party might add some concessions to make a deal more attractive to the other party. If maintaining a high contract price is a priority for the seller, throwing in concessions may encourage the buyer to offer a higher deal price. Concessions generally have to have some monetary value.