Knowledgebase
All of Think Realty's extensive content archive is at your fingertips. Filter by media type and keyword to hone in on exactly what you need.
Knowledgebase
All of Think Realty's extensive content archive is at your fingertips. Filter by media type and keyword to hone in on exactly what you need.
The process by which a lender seizes collateral, in real estate usually a piece of physical property, on a loan as a result of nonpayment ...
You can fill out a FOIA (Freedom of Information Act) form for any agency record. There is no universal FOIA form, but most agencies and public authorities have their own form and their own department to service FOIA requests ...
The process of purchasing a property, adding value, then selling the property for a profit on a relatively short timeline. Also simply referred to as “fix-and-flip,” flipping may take a few weeks, a few months or, in some cases, upward of a year. However, this strategy involves selling on a ...
The process of purchasing a property, adding value, then selling the property for a profit on a relatively short timeline. Also simply referred to as “flipping,” doing fix-and-flip deals may take a few weeks, a few months or, in some cases, upward of a year. However, this strategy involves selling ...
A government-backed mortgage issued by the Federal Housing Administration (FHA). These loans tend to have lower interest rates and less-stringent qualification requirements than other industry loans. FHA borrowers pay for mortgage insurance to protect the lender from loss in the event of a default ...
The Federal National Mortgage Association (FNMA) is a government-sponsored enterprise (GSE) established to stimulate the housing market by making mortgages more affordable to borrowers. Fannie Mae does not actually originate mortgages. Instead, it purchases and guarantees them after origination in order to create more liquidity for lenders and, by extension, ...
An estimate of the market value of the property ...
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 strategy. However, as with an actual exit, you must determine how long it will be ...
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 assistance of the broker, then no commission is paid ...
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 holding the earnest money while the contract is negotiated and the deal is closed. Lenders may ...
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 ...
Money paid to confirm a contract. If you back out of a contract on a property, you will likely lose your earnest money ...
How To Recession-Proof Your Business and Your Credit with Merrill Chandler
00:32:09 | In this exclusive class you will learn: - How to avoid business credit imposters and the secret to what REAL business credit is - How to optimize for business credit approvals - How to avoid approval-killing red flag words And much, much more! After you attend this ...
Infinite Banking with Rentals: Other People’s Money with Gary Pinkerton
00:30:01 |Ever wanted to personally own a bank and use it to fund your real estate portfolio? It is simple to do and provides tremendous benefits in this high inflation and high interest rate environment. Grow wealth predictably and protect your family from loss of your income in the meantime ...
The Solo 401k: Real Estate Investing’s Secret Weapon with Derreck Long
00:41:11 | Come learn why the people are switching from Self-Directed IRAs to Solo 401ks. The Solo 401K truly has become the new secret weapon when raising capital, investing into any syndication, or just looking for big tax deductions. Other Replays for this Event ...
What to Look for in a Property Management Company
Managing a rental property is a full time job, and for those property owners who desire a little more free time, hiring a residential property management company is an excellent way to take some of the burden of rental ownership off of your shoulders. There are a number of companies ...
The initial payment made when a property is purchased on credit. Down payments usually range in size from 5% to 25% of the value of the loan and may affect a lender’s decision to require mortgage insurance ...
The people and organizations with whom your IRA should never conduct transactions, including (but not limited to) yourself, most of your family and any business entities you control ...
Loss of value. In real estate, depreciation can be a negative or a positive, since it may be associated with tax deductions in some cases ...
Late. When a mortgage is delinquent, the borrower is late in making payments ...
When the borrower conveys all interest in their mortgaged property to the lender in order to satisfy a loan and avoid foreclosure ...
When the borrower conveys all interest in their mortgaged property to the lender in order to satisfy a loan and avoid foreclosure ...
A legal structure used in place of a mortgage to secure a loan by pledging real property. Deeds of trust involve three parties: the trustor (borrower), the lender (beneficiary), and the trustee, whose function it is to sell the property at auction if the trustor defaults on payments ...
n. a legal document that, when signed and delivered, conveys ownership of property or legal rights v. to transfer property rights via legal deed ...
The branch of law dealing with asset protection ...
