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Real Estate Investment Course
Free Classifieds and Advertising for Individuals and Businesses at www.KeepSane.com
If you would like to invest in real estate you have come to the right place. Our company, Easy Property Solutions LLC buys foreclosure homes in Hampton Roads, Virginia at deep discounts. We buy properties at 50-75% of their market value. If you have money to invest on a short to mid-term basis, you can and will make double digit gains on your investment. We are looking for investors to put up cash for the homes we purchase. We create a note for the money, and secure it buy a Deed of Trust (lien) on the property. We hold properties from anywhere from 1-6 months. Please call Shaun O'Toole at 757-724-1428 for more info. Real Estate Solutions for Real Estate Investment Course and beyond!
Real Estate Investment Course
Real Estate Terms of the Day for Real Estate Investment Course
PARCEL
A specific portion of a larger tract; a lot.
INTERIM FINANCING
A short-term loan usually made during the construction phase of a building project; often referred to as the "construction loan."
BLUE SKY LAWS
State securities laws designed to protect the public from fraudulent practices in the promotion and sale of securities, e.g., through limited partnerships, syndications, bonds.
COMMON ELEMENTS
Parts of the property which are necessary or convenient to the existence, maintenance and safety of the condominium, or are normally in common use by all of the condominium residents.
LEGAL DESCRIPTION
A description which is complete enough that an independent surveyor could locate and identify a specific piece of real property.
COMMITMENT
A promise to lend and a statement by the lender of the terms and conditions under which a loan is made.
OFFICE EXCLUSIVE
A listing in which the seller refuses to submit the listing to Multiple Listing Service, even after being informed of the advantages of MLS, and signs a certification to that effect.
POLICE POWER
The constitutional authority and inherent power of a state to adopt and enforce laws and regulations to promote and support the public health, safety, morals and general welfare.
LANDMARK
A stake, stream, cliff, monument or other object or feature which is used to fix or define land boundaries; also a prominent feature of a landscape or property that is the symbol for the place.
COMMISSION
The compensation paid to a real estate broker(usually by the seller) for services rendered in connection with the sale or exchange of real property.
CREDIT REPORT
A report detailing the credit history of a prospective borrower that's used to help determine borrower creditworthiness.
PRE-QUALIFICATION
The process of determining how much money a prospective homebuyer will be eligible to borrow prior to application for a loan. Information submitted during pre-qualification is subject to verification at application.
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