Other Real Estate

Giving the bank back a real estate property, often referred to as "deed in lieu of foreclosure," has pros and cons. The benefits include preventing a foreclosure from occurring, which could...

When a piece of property is totally paid and duly recorded in the public records, the owner of record can do anything within the law with it. The uniqueness of a deeded property lies in the fact...

Delaware real estate laws exist in various forms, many of which are codified through Title 25 of the Delaware Code. Specific rules also arise at the county level, because Delaware imposes...

A letter of intent is a semi-formal document used in negotiating business and real estate transactions. Often called an LOI, a letter of intent is simply a document summarizing the terms and...

Both state and federal laws govern how real estate appraisals are conducted. Laws vary by state, but generally follow similar guidelines and procedures. All appraisers must be legally licensed by...

The term "real property" applies to land and any improvements, or real estate. It also can be defined as the interests, benefits and rights included in the ownership of real estate. According to...

In today's residential real estate market, many owners are moving their properties using seller financing, which often involves the seller taking back a note secured by a mortgage. Buying these...

For a true professional agent, writing the offer with a new client is the moment when you solidify that client's trust. There is no better opportunity for you to make it clear to your client, one...

Many people look to foreclosed property as a means for investing profitably in real estate. Others want to get into their first home at a price they can afford. If you want to buy foreclosed real...

If you have just sold your home and need to get rid of extra furniture and appliances, having an estate sale can help. In this article, you will learn how to run an estate sale successfully.

Steering is the act of pushing a real estate client toward or away from a specific piece of real estate property or neighborhood. The Federal Fair Housing Laws prohibit steering in the real estate...

The homestead exemption is a way for families to secure funds for a new home or for a fresh start, should financial hardship threaten their current domicile. A family can possess only one...

Real estate transactions were once "as is" sales, and it was the responsibility of the buyer to be aware of any defects in a property before purchase. All agents worked exclusively for the seller...

A timeshare is a type of ownership that allows a group of people to jointly own a piece of property and use it at designated times. It's typically used for vacation or resort properties, such as...

Thinking about buying a piece of land in Arizona to build a dream home, haciend, or investment conjures images of the old West. Cowboys, cattle ranchers, gamblers and Native Americans make for a...

If you are dealing with a timeshare owner who is making payments on the property, you may need to consider a foreclosure. Take the following steps to regain ownership of a timeshare, including...

If you're inexperienced at home buying through auctions, you need to know a few things before going. Always check your facts firsthand; that is, never bid on property you haven't had an...

When a real estate professional lists property to sell, those listings are referred to as inventory. The property is categorized by property type. A real estate professional might specialize in...

The first few sections of a real estate contract have to do with the sales price of the property and the type of financing that will be utilized to complete the property purchase. The total sales...

Real estate business plans are tools that enable real estate investors to crystallize what their objectives are and how they intend to reach them. There are many different plans suitable to many...

If you own a home, a business or land, you must pay real estate taxes. Unlike mortgages, taxes are never paid off; they're an annual fee. However, not everybody pays the same amount. Property...

There are a lot of terms you need to know when you're buying or selling a home, and most of them involve the exchange of money. One item you might see on documents at the closing is a "real estate...

Foreclosure listings are homes that have not been sold at a foreclosure auction. These properties are retained by the bank that foreclosed on them, assigned to an asset manager and then placed...

A house appraisal is used to determine the market value of a home. Homeowners and home buyers often use a house appraisal when they sell or buy a home, insure their home, dispute their property...

Foreclosed homes are homes that have been sold or retained by a bank after a foreclosure auction. If these properties are not sold to a suitable candidate on the date of the auction, they are...

A lot of people have trouble finding just the right house to move into. It can be a very stressful process but with the right tips you can find the perfect house for you and your family and do the...

Real estate contracts are legally binding documents associated with any type of real estate transaction. Before you get knee-deep in any property purchase or sale, it's important to know the basic...

When looking for property, it's not only where you look, but how you look that brings success. Searching online to locate properties for sale has become the norm, but unless you are familiar with...

Ownership interest simply refers to the rights of an owner. The ownership interest in real estate is similar to that in other types of property. Owners have the right to determine the use of the...

Home appraisals are crucial to home sales. No matter where you price your property in the market, if it doesn't appraise for as much as you would like to sell it for a buyer could walk away from...

A desktop real estate appraisal involves a licensed appraiser estimating the value of a property without an inspection. Typically, real estate appraisers conduct either drive-by reviews or...

A short sale is a real estate transaction where your mortgage company accepts the sale of your home for less than you owe. Compared to a foreclosure, they can save the lender thousands of dollars...

Real estate laws vary from state to state. In each state there is a real estate department that oversees the licensing of real estate sales professionals. Sales licensees must complete the state's...

Figuring real estate taxes is not a difficult task, provided some basic information is known about the property. If a homeowner or other interested party wants to find the assessed value on a...

When it comes to real estate marketing, sending out fliers and postcards isn't enough. In order to be a successful real estate professional, the primary objective should be to market in order to...

According to the National Association of Realtors more than 80 percent of home buyers begin their search for a home online. Because of this statistic more real estate agents are recognizing the...

Owning a home is a major step. While there are costs of ownership involved in real estate transactions, there are also several benefits to real estate ownership as well, among them, major tax...

Real estate values are constantly being adjusted per market conditions. There are numerous factors that can impact the market value of real estate going up or down over time. It is important to...

Successful real estate agents know that the name of the game is all about marketing properly. Approximately 70 percent of a real estate agent's time should be devoted specifically to prospecting...

Find free real estate law advice by researching state property sales laws, or by contacting the state division of real estate. While this advice will only cover the approved laws on file...

Real estate courses can be taken online. The division of real estate in each state sets the requirements and guidelines for online real estate learning. Check with the state division of real...

In real estate, there are several technical terms that may seem confusing or even alien to the non-Realtor. MLS is such a term. MLS stands for Multiple Listing Service, an essential tool in...

The real estate and mortgage industry has long been the largest source of investments in the world, but many real estate companies are now facing the specter of going out of business. The...

One challenge of being in real estate is obtaining a constant flow of prospective leads. Making time to prospect for new leads is not always possible. Having lead-generation tools and systems in...

Real estate has received a lot of attention over the past few years. Much of the credit crisis between 2007-2009 was related to real estate investments gone awry. Between these years, real estate...

Real estate zoning laws, ordinances and regulations identify and determine how property is used. Every city, county, state and municipality have established real estate zoning laws and plans that...

Real estate professionals survive and thrive based on name recognition. Individuals don't want to do business with someone they have never heard of. The following is an outline detailing the...

Property taxes are a large factor in calculating annual expenses. It's important to budget for the funds to pay real estate taxes each year. Even if real estate taxes are factored into your...

This is a continuation of a series of how to's on real estate negotiations. Try to read them all.

This is a continuation of a series on real estate negotiations. Read all for complete information.