Faq
Escrow is a neutral third-party account that holds money, documents, or property until all conditions of a transaction are met. It ensures security for both buyers and sellers.
Earnest money is a deposit made by the buyer to show serious intent. It is usually 1-3% of the home price and may be refundable depending on contract terms.
Contingencies are conditions that must be met before a sale is finalized.
Home staging is the process of decorating and arranging furniture to make a home more appealing to buyers. It often results in a faster sale and higher offers.
A REIT is a company that owns and manages income-generating real estate. Investors can buy shares in a REIT to earn dividends without owning physical property.
The 1% Rule states that a rental property should generate at least 1% of its purchase price in monthly rent to be a profitable investment.
An off-market property is one that is not publicly listed for sale. These deals are often found through direct negotiations, real estate networks, or wholesalers.
A lease is a legal contract between a landlord and tenant, outlining rent terms, duration, and property rules.