Buyer

A "Pending" status in real estate refers to the status of a property that has an accepted offer but the deal is yet to...

Net Operating Income (NOI) is a financial metric used to assess the profitability of an income-generating property or business. It represents the revenue generated from operations after deducting operating...

Title commitment is the first step in protecting your new home with a title insurance policy. Heres' what you NEED to...

Termite inspection is required by the Department of Veterans Affairs for properties bought using VA loans. It costs $100 to $200 on...

An Accessory Dwelling Unit (ADU) is a secondary house or an apartment that shares its structure with a primary residence. An ADU can be attached or detached to a primary residence and belongs to the owner of...

The single biggest point of contention in appraised value vs market value is the person they are intended for. The appraisal value is intended for mortgage lenders while the market value is intended for the...

Fee simple ownership means having absolute ownership and control over a piece of real estate. This includes land and any buildings on...

A property under contingent status signifies that a seller has accepted the offer, which is yet to meet certain contingencies. On the other hand, a pending status means that the property has passed all the...

A mold inspection is a specialized inspection performed to check for fungus in your house. It typically costs around $300 to $400. Here's when you should get a mold...

Want to know who pays for Title Insurance? Here's the answer to all your queries regarding Title...