Search results
Results from the WOW.Com Content Network
Going into negative equity isn’t always within your control (you can’t predict the ups and downs of the local real estate scene, after all), but there are some ways to protect yourself from it.
Negative equity is a deficit of owner's equity, occurring when the value of an asset used to secure a loan is less than the outstanding balance on the loan. [1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being "underwater", and loans and borrowers with negative equity are said to be "upside down".
Traditionally, when a home seller hired a real estate agent to represent their listing, the seller agreed to pay a commission. The national average has been about 5 percent of the home’s sale ...
With over 10,000 tenants, real estate investor Ken McElroy has a unique insight into the economy. In a video recently posted on YouTube, McElroy dives into the data collected by his team to shine ...
Days on market (DOM, alternatively active days on market, market time, or time on market) is a measurement of the age of a real estate listing. The statistic is defined as the total number of days the listing is on the active market before either an offer is accepted or the agreement between real estate broker and seller ends.
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.
Anytime a listing does not paint an amazing picture of the home or leaves too many things to the reader’s imagination, there is a chance the home is not worth it, according to DJ Olojo, a real ...
Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...