Home Seller Home Buyer
Latest Episodes
AFFORDABILITY ANALYSIS RETOTD Episode 00316
AFFORDABILITY ANALYSIS A calculation used to determine an individual’s likelihood of being able to meet the obligations of a mortgage for a particular property. Takes into account the down payment, closing costs and on-going mortgage payments.Read more →
ADVISER RETOTD Episode 00315
ADVISER A broker, consultant or investment banker who represents an investor in a transaction. Advisers may be paid a retainer and/or a performance fee upon the close of a financing or sales transaction.Read more →
ADJUSTABLE-RATE MORTGAGE (ARM) RETOTD Episode 00313
ADJUSTABLE-RATE MORTGAGE (ARM) A mortgage loan with an interest rate that fluctuates in accordance with a designated market indicator — such as the weekly average of one-year U.S. Treasury Bills — over the life of the loan. To avoid constant…Read more →
TECHNICAL COMPONENTS RETOTD Episode 00312
TECHNICAL COMPONENTS Factors that determine whether a location or site is suitable or able to support a given use.Read more →
TAG-ALONG RIGHTS RETOTD Episode 00311
TAG-ALONG RIGHTS A contractual obligation used to protect a minority shareholder. If a majority shareholder sells his or her stake, then the minority shareholder has the right to join the transaction and sell his or her minority stake in the…Read more →
SECOND MORTGAGE RETOTD Episode 00310
SECOND MORTGAGE A loan secured by the equity in a home, when a primary mortgage already exists and has a lien position subordinate to the first mortgage.Read more →
SALES POTENTIAL RETOTD Episode 00309
SALES POTENTIAL The possible or expected revenue of a retail outlet as defined by conditions within the market or trade area and the forces of competition.Read more →
SALES PROCEEDS BEFORE TAX RETOTD Episode 00307
SALES PROCEEDS BEFORE TAX The sale price minus the sale costs and the mortgage loan balance.Read more →
SALES PROCEEDS AFTER TAX RETOTD Episode 00306
SALES PROCEEDS AFTER TAX The sale proceeds before tax minus the tax liability on the sale.Read more →
REAL ESTATE PROPERTY TAX DEDUCTION RETOTD Episode 00305
REAL ESTATE PROPERTY TAX DEDUCTION A tax deductible expense reducing a taxpayer’s taxable income.Read more →