Where cozy means tiny and charming means needs work.
Real property consisting of the earth itself, minus the water—the immovable asset that everyone wants a piece of. The foundation of all real estate dreams and nightmares.
A property advertised for sale or rent, typically appearing on real estate websites and the Multiple Listing Service (MLS). The digital equivalent of a 'for sale' sign, but with better analytics.
The time required to fill vacant units in a newly constructed or recently acquired property with tenants. It's a landlord's test of patience measured in months and spreadsheets.
A transaction where the seller of a property immediately becomes the tenant, leasing it back from the new owner. Selling your property but refusing to really leave.
A contract between a homeowner and a real estate agent that gives the agent the right to sell your house and keep a commission if anyone buys it.
The percentage of a property's value that's financed through a loan versus down payment. Higher LTV means less cash down but more risk for the lender and more PMI for you.
A hybrid agreement where you rent with the option to buy, basically rent-to-own for people who can't decide.