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  2. Home sale scams ramp up amid a housing market short on ... - AOL

    www.aol.com/finance/home-sale-scams-ramp-amid...

    In 2022, the FBI received 11,727 real estate-related complaints with losses of over $396 million, an 86% increase versus 2020 levels. Home sale scams ramp up amid a housing market short on ...

  3. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...

  4. Land lot - Wikipedia

    en.wikipedia.org/wiki/Land_lot

    Plot structures include a house, private walkways, and at the back - a detached garage with a drive access to the alley and a small area for refuse. In real estate, a land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner (s). A plot is essentially considered a parcel of real property in some countries or ...

  5. Multiple listing service - Wikipedia

    en.wikipedia.org/wiki/Multiple_listing_service

    Multiple listing service. A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.

  6. Cary land deal: Developer buys 19.5 acres in western ... - AOL

    www.aol.com/news/cary-land-deal-developer-buys...

    The most recent example: a land deal in nearby west Cary. Fort Lauderdale-based ZOM Living recently purchased six parcels — totaling 19.5 acres of mostly wooded land — at 7216 Carpenter Fire ...

  7. Real estate development - Wikipedia

    en.wikipedia.org/wiki/Real_estate_development

    Advertisement for mobile homes on the Florida Keys, June 1973. Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re- lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people ...

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