Your exit strategy is the part of the deal where you cash out of the investment. Technically, buying and holding a property as a cash-flowing rental property is not an exit strategy, but a cash-flow...
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Exclusive Agency Listing
An agreement between a listing broker and a seller permitting the broker to represent the seller and the seller to also represent themselves. If the seller is able to make the sale without the...
Escrow
When an impartial third party holds something of value (in real estate, usually earnest money) during the progress of a transaction. If a home is “in escrow,” that means that the third party is...
Equity
Value found in an asset. In real estate, equity is the amount of value in an asset after the cost of the mortgage and other collateralized debts are deducted.
Earnest Money
Money paid to confirm a contract. If you back out of a contract on a property, you will likely lose your earnest money.
