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Real Estate Investment Information
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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 Information and beyond!
Real Estate Investment Information
Real Estate Terms of the Day for Real Estate Investment Information
ABATEMENT
A reduction or decrease in amount, degree, intensity or worth.
CLOSING (OR SETTLEMENT)
The settlement or closing is the conclusion of your real estate transaction. It includes the delivery of your security instrument, signing of your legal documents and the disbursement of the funds necessary to the sale of your home or loan transaction (refinance).
QUALIFIED FEE
An estate in fee which is subject to certain limitations imposed by the owner.
USEFUL LIFE
That period of time over which an asset, such as a building, is expected to remain economically feasible to the owner.
LIMITED COMMON ELEMENTS
That special class of common elements in a condominium reserved for the use of a certain apartment(s) to the exclusion of other apartments.
REBATE
A reduction or kickback of a stipulated charge.
ASSESSED VALUATION
The value of real property as established by the state government for purposes of computing real property taxes.
BILL OF SALE
A written agreement by which one person sells, assigns or transfers his right to, or interest in, personal property to another.
TRUST DEED
A real property security device (also called a deed of trust) very similar to a mortgage, except that there are three parties, the trustor, the trustee, and the beneficiary (the lender).
FEDERAL HOUSING ADMINISTRATION (FHA)
A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
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