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Best real estate books that you should read
Part of excelling in real estate industry is learning tricks of the trade from the best. Luckily, there are very successful investors who shared their experiences by writing some of the best real estate books. Books vs. Online resources Holding a book in your hand will ensure commitment and focus that ads and pop-ups would […]
First of all, what is dual agency? What is dual representation real estate? In real estate, the dual agency definition means that one broker will represent both the buyer, and the seller in the transaction. However, dual agent real estate brokers can’t disclose any confidential information to any of their clients. This can lead to […]
Capital gains tax on real estate
If you are looking to sell your residence, then you should inform yourself of the tax laws thoroughly, because you could make a huge profit and not owe anything to the Internal Revenue Service. Selling your house as a sole owner can bring you a profit of up to $250,000, and twice as much if […]
What is a grantor? What is the grantor definition? How do you define grantor? How do you differentiate grantor vs grantee or grantee vs grantor? What does grantor mean? All of these are questions which have a single answer. The grantor is actually a legal term that is used in real estate. Who is the […]
How does owner financing work in real estate
If you’re looking to buy a house, but you’re an average citizen who cannot pay in cash, you will need a mortgage loan from the bank, as the most common type of residential purchase financing. However, in order to get a mortgage, you have to fulfill a long list of requirements, including an impeccable credit […]
What does the legal description of property mean?
The legal description definition of property is how you will pinpoint where a specific piece of property is located. This legal description will often be much better than a legal description of property street address, except they may even not match. The acronym desc stands for all the following terms: description, descending and Defense Energy […]
Creating a real estate holding company
The role of a real estate holding company is to facilitate property ownership in terms of business and legal procedures. You can secure your real estate and other assets of your company by conducting all the business operations under its name. What is a holding company and the reason to create it To define holding […]
This is actually a fairly common question. What is a real estate broker? What’s the difference between the real estate agent and broker? What does a real estate broker do? What’s the real estate broker definition? Is having a real estate agent license the same as being a broker associate? You will find yourself asking […]
How Commercial Real Estate Loans Work
You have an idea how to make money. You make a business plan. You looked up properties online and found what you think is the right one for your small business. However, there’s a problem – the price made you raise your eyebrows. Should you look for commercial real estate loans? Maybe this is not […]