Acronym soup forReal Estate
the buying, selling, and management of land and properties, including residential, commercial, and industrial spaces. It involves various aspects such as property valuation, financing, and regulatory compliance, making it a key sector in economic growth and personal investment.
A type of mortgage with an interest rate that can change over time.
An estimate of a property’s value as determined by a licensed real estate broker.
An analysis of similar properties to determine a property's market value.
A government agency offering mortgage insurance to protect lenders and encourage home buying.
A property for sale by the owner without a real estate agent's involvement.
An organization governing a community or building, responsible for upkeep and regulations.
A ratio used by lenders to determine risk, comparing loan amount to property value.
A database that provides real estate listings, available to brokers and agents.
The total income from a property minus operating expenses, used to assess profitability.
Insurance required by lenders when the down payment is less than 20%, protecting the lender.
A company that owns, operates, or finances income-generating real estate.
A measure used to evaluate the profitability of an investment.