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Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
Here’s why and what it means for US real estate When it comes to property ownership, single women in the U.S. have a major edge — owning 2.72 million more homes than single men according to ...
Investment in the property market will only be made if a rent gap exists. Thus, the rent gap theory is contrary to explanations for gentrification that focus on cultural and consumption preferences and housing preferences. It is mainly an economic approach that sees cultural factors as secondary.
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
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The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...
A 2022 Zillow study found that women have access to 18 percent less of the real estate market than men because of the wage gap: In other words, they could buy nearly one-fifth more of the ...
For income-producing real estate, the NOI is the net income of the real estate (but not the business interest) plus any interest expense and non-cash items (e.g. -- depreciation) minus a reserve for replacement. The CAP rate may be determined in one of several ways, including market extraction, band-of-investments, or a built-up method.