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Terms & Definitions

28 questions found

Talk to me about mortgage recasting?

What is mortgage recasting? How do i know if I should do it? And how often should I do it? I took out a loan $350K at 6.6% last year. Thanks!

Asked by Sarah | Venice, FL | 04-03-2024 | 937 Views | Terms & Definitions | Updated 2 years ago

What is capital gains tax?

What is capital gains tax? Who pays a capital gains tax? What paperwork should I have or save for year end taxes?

Asked by Paul | Omaha, NE | 12-11-2023 | 1,326 Views | Terms & Definitions | Updated 2 years ago

What is house hacking?

I've heard of house hacking. But what is house hacking? And I supposed I should ask if it's worth it??

Asked by Charity | Tampa, FL | 12-05-2023 | 866 Views | Terms & Definitions | Updated 2 years ago

Why would median list price be different than home value?

Why would median list price be different than home value? I'm finding different numbers for the areas that I'm searching in and I don't understand the difference. What's more accurate?

Asked by Sofia | Miami, FL | 11-14-2023 | 1,148 Views | Terms & Definitions | Updated 2 years ago

What does days on market mean?

What does days on market mean? Is it important? What does it mean if there's more days on market or less days on market?

Asked by Shilo | Albuquerque, NM | 09-27-2023 | 1,325 Views | Terms & Definitions | Updated 3 years ago

What does selling "subject to completion" mean?

What does selling "subject to completion" mean? The house I saw had projects that weren't finished. Does that mean the seller will finish the projects and then sell it?

Asked by Tim | Boise, ID | 08-14-2023 | 1,879 Views | Terms & Definitions | Updated 3 years ago

What is wholesale real estate?

What is wholesale real estate? How many agents are involved in the transaction?

Asked by Kyle | Tampa, FL | 04-21-2023 | 1,318 Views | Terms & Definitions | Updated 3 years ago

What is debt to income ratio?

What is debt to income ratio? How is it used?

Asked by Ethan | Springfield, MO | 04-05-2023 | 929 Views | Terms & Definitions | Updated 3 years ago

What is a broker and are brokers paid more?

What is a broker? What does it mean if it says the real estate agent is a broker? Do brokers get paid more?

Asked by Margaret | Havana, FL | 03-22-2023 | 1,236 Views | Terms & Definitions | Updated 3 years ago

What is CMA in real estate?

Can you explain what CMA in real estate is?

Asked by Trent | Fort Wayne, IN | 02-27-2023 | 2,118 Views | Terms & Definitions | Updated 3 years ago