AFFORDABILITY ANALYSISA calculation used to determine an individual’s likelihood of being able to meet the obligations of a mortgage for a particular property. Takes into account the down payment, closing costs and on-going mortgage payments.

ADVISER RETOTD Episode 00315

Oct 4th, 2017 29s

ADVISERA broker, consultant or investment banker who represents an investor in a transaction. Advisers may be paid a retainer and/or a performance fee upon the close of a financing or sales transaction.The post ADVISER RETOTD Episode 00315 a

ADJUSTABLE-RATE MORTGAGE (ARM) RETOTD Episode 00313

Oct 2nd, 2017 40s

ADJUSTABLE-RATE MORTGAGE (ARM)A mortgage loan with an interest rate that fluctuates in accordance with a designated market indicator — such as the weekly average of one-year U.S. Treasury Bills — over the life of the loan. To avoid constant a

TECHNICAL COMPONENTS RETOTD Episode 00312

Sep 29th, 2017 23s

TECHNICAL COMPONENTSFactors that determine whether a location or site is suitable or able to support a given use.The post TECHNICAL COMPONENTS RETOTD Episode 00312 appeared first on Home Seller Home Buyer.

TAG-ALONG RIGHTS RETOTD Episode 00311

Sep 28th, 2017 34s

TAG-ALONG RIGHTSA contractual obligation used to protect a minority shareholder. If a majority shareholder sells his or her stake, then the minority shareholder has the right to join the transaction and sell his or her minority stake in the c

SECOND MORTGAGE RETOTD Episode 00310

Sep 27th, 2017 25s

SECOND MORTGAGEA loan secured by the equity in a home, when a primary mortgage already exists and has a lien position subordinate to the first mortgage.The post SECOND MORTGAGE RETOTD Episode 00310 appeared first on Home Seller Home Buyer.

SALES POTENTIAL RETOTD Episode 00309

Sep 26th, 2017 25s

SALES POTENTIALThe possible or expected revenue of a retail outlet as defined by conditions within the market or trade area and the forces of competition.The post SALES POTENTIAL RETOTD Episode 00309 appeared first on Home Seller Home Buyer.

SALES PROCEEDS BEFORE TAX RETOTD Episode 00307

Sep 22nd, 2017 24s

SALES PROCEEDS BEFORE TAXThe sale price minus the sale costs and the mortgage loan balance.The post SALES PROCEEDS BEFORE TAX RETOTD Episode 00307 appeared first on Home Seller Home Buyer.

SALES PROCEEDS AFTER TAX RETOTD Episode 00306

Sep 21st, 2017 22s

SALES PROCEEDS AFTER TAXThe sale proceeds before tax minus the tax liability on the sale.The post SALES PROCEEDS AFTER TAX RETOTD Episode 00306 appeared first on Home Seller Home Buyer.

REAL ESTATE PROPERTY TAX DEDUCTION RETOTD Episode 00305

Sep 20th, 2017 23s

REAL ESTATE PROPERTY TAX DEDUCTIONA tax deductible expense reducing a taxpayer’s taxable income.The post REAL ESTATE PROPERTY TAX DEDUCTION RETOTD Episode 00305 appeared first on Home Seller Home Buyer.

REAL ESTATE FLUCTUATIONS RETOTD Episode 00304

Sep 19th, 2017 36s

REAL ESTATE FLUCTUATIONSShort-term variations in real estate prices or rents (usually lasting anywhere from one day to a few months) caused by natural hazards (such as tornadoes, hurricanes, floods, earthquakes, and wildfires) or boosts or sh

REAL ESTATE BROKER RETOTD Episode 00303

Sep 18th, 2017 45s

REAL ESTATE BROKERA real estate professional licensed to negotiate the purchase and sale of real estate for a commission or fee. In most states, a broker is one step up from a real estate agent, having more training and the power to supervise

RAW SPACE RETOTD Episode 00302

Sep 15th, 2017 19s

RAW SPACEUnimproved shell space in a building.The post RAW SPACE RETOTD Episode 00302 appeared first on Home Seller Home Buyer.

RANGE RETOTD Episode 00301

Sep 14th, 2017 33s

RANGEThe maximum distance consumers are willing to travel to purchase a good or service from a given establishment or location. Hence, the boundary or outer limits of the market area circumscribed about a location at which a good or service m

QUALIFIED PLAN RETOTD Episode 00300

Sep 13th, 2017 29s

QUALIFIED PLANAny employee benefit plan that is qualified by the IRS as a tax-exempt plan. Among other requirements, the plan’s assets must be placed in trust for the sole benefit of the employees covered by the plan.The post QUALIFIED PLAN

PAYMENT CAP RETOTD Episode 00299

Sep 12th, 2017 22s

PAYMENT CAPA legal limit on the amount a monthly payment can increase on an adjustable-rate mortgage.The post PAYMENT CAP RETOTD Episode 00299 appeared first on Home Seller Home Buyer.

PARTIAL TAKING RETOTD Episode 00298

Sep 11th, 2017 21s

PARTIAL TAKINGThe taking of part of an owner’s property under the laws of eminent domain.The post PARTIAL TAKING RETOTD Episode 00298 appeared first on Home Seller Home Buyer.

PARTIAL INTEREST RETOTD Episode 00296

Sep 7th, 2017 21s

PARTIAL INTERESTA shared ownership in a piece of property. May be divided among two or more parties.The post PARTIAL INTEREST RETOTD Episode 00296 appeared first on Home Seller Home Buyer.

OCCUPANCY RATE RETOTD Episode 00294

Sep 5th, 2017 21s

OCCUPANCY RATEThe percentage of properties in a given area that are occupied.The post OCCUPANCY RATE RETOTD Episode 00294 appeared first on Home Seller Home Buyer.

OCCUPANCY COST RETOTD Episode 00293

Sep 4th, 2017 25s

OCCUPANCY COSTThe actual dollars paid out by the tenant to occupy the space. It can be expressed in either pre-tax or after-tax dollars.The post OCCUPANCY COST RETOTD Episode 00293 appeared first on Home Seller Home Buyer.

NEIGHBORHOOD LIFE-CYCLE RETOTD Episode 00291

Aug 31st, 2017 31s

NEIGHBORHOOD LIFE-CYCLEThe evolution of neighborhood use and demographics over time. Economic fluctuations, municipal zoning changes and population shifts can affect the life cycle.The post NEIGHBORHOOD LIFE-CYCLE RETOTD Episode 00291 appear

NEIGHBORHOOD CENTER RETOTD Episode 00290

Aug 30th, 2017 49s

NEIGHBORHOOD CENTERThis center is designed to provide convenience shopping for the day-to-day needs of consumers in the immediate neighborhood. According to ICSC’s SCORE publication, a supermarket anchors half of these centers, while about a

NEIGHBORHOOD RETOTD Episode 00289

Aug 29th, 2017 21s

NEIGHBORHOODA subsection of a municipality that has been designated by a developer, economic forces or physical formations.The post NEIGHBORHOOD RETOTD Episode 00289 appeared first on Home Seller Home Buyer.

NEGOTIATION RETOTD Episode 00288

Aug 28th, 2017 19s

NEGOTIATIONThe process of bargaining that precedes an agreement.The post NEGOTIATION RETOTD Episode 00288 appeared first on Home Seller Home Buyer.

MARGINAL LAND RETOTD Episode 00286

Aug 24th, 2017 30s

MARGINAL LANDLand whose value has been diminished due to some internal defect or external condition. In most cases, the cost to correct the flaw or condition is as much or more than the expected return from the property.The post MARGINAL LAN