The Real Estate Investment Blog

Subagency refers to a relationship between the listing and the selling agents in a real estate transaction.

In the 800 series of items on the HUD-1 Settlement Statement, there is an item for "Loan Discount." This is a fee, usually expressed as a percentage or points on the loan that is paid by the Buyer to "buy down" the interest rate. In other words, the buyer might pay 1 point or 1% of the loan amount to buy down the interest rate an eighth of a percent for lower payments over the life of the loan.

Real estate property management requires a high level of detail as regards record-keeping. With financial, government regulation and risk factors involved, the more detailed and organized the records are the better. This is important not only for tenant management, but also for employees and subcontractors.

An amendment, as it relates to a real estate contract or purchase agreement, refers to a document executed subsequent to the original contract being accepted by both parties, and modifying some aspect of the original contract. It's a change to the originally agreed upon terms. This should not be confused with an addendum.

A fiduciary is one who acts legally on behalf and in the best interests of another. There are certain common law duties attached to fiduciary. Duties of fiduciary include Obedience, Loyalty, Disclosure, Confidentiality, Accounting and Reasonable Care.

When a real estate investment property is purchased and resold at a profit, this profit calculation will yield the percentage of profit based on purchase price. If you're working with real estate investors, this is one calculation they like you to know.

The second home or vacation home buyer is a quality prospect. How you get them to your web site, keep them returning, capture their information and bring them to a deal is all here.

Real Estate Blogging - Starting Your Real Estate Blog

Pretty straight forward, the HUD-1 settlement statement, in the 800 series items, will show an item for the loan origination fee. This is a fee, usually based on a percentage of the total loan amount, paid by the borrower up front for the ability to obtain the loan. A common percentate is 1 point, or 1% of the loan amount, however it varies with several factors.

Qualifying a buyer is a term that is used frequently by agents and brokers in the real estate business. The most obvious connotation is in relation to their ability to purchase. However, that isn't the only context or situation in which you might use the term.