A collection of laws, strategies, and practices that make it difficult for one party to abuse the legal system to take things from another party.
by Think Realty | Mar 3, 2023 | Asset Protection, Glossary, Operations
A collection of laws, strategies, and practices that make it difficult for one party to abuse the legal system to take things from another party.
by Think Realty | Mar 3, 2023 | Deal Analysis, Glossary, Operations
The value of a residence, usually for tax purposes. This value should involve comparable home sales in the area and property inspections, and is used to calculate property taxes. These are not...
by Think Realty | Mar 3, 2023 | Deal Analysis, Glossary, Operations
An expert valuation of a house by a qualified appraiser.
by Think Realty | Mar 3, 2023 | Funding, Glossary
The annual rate charged on borrowed money or earned through an investment. APR is usually expressed as a percentage representing the actual yearly cost of the funds over the term of a loan.
by Think Realty | Mar 3, 2023 | Deal Analysis, Glossary, Operations
The value of a property after repairs are made. ARV usually refers to the value of the property after it has been brought to a level comparable with other properties for sale in the area, but can...
by Think Realty | Mar 3, 2023 | Deal Analysis, Glossary, Operations
The Federal Deposit Insurance Corporation (FDIC) defines affordable market value as the amount a buyer or tenant can pay to purchase or rent a property based on their income, not necessarily the...
by Think Realty | Mar 3, 2023 | Glossary, Operations
A property owner who does not live in the area in which a property is located. Also a good source for potential leads.
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