by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
Title insurance offers protection to lenders and buyers againsts financial damages that could arise from disputes over property. Mortgage lenders typically require title insurance because it protects both the homeowner and...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
A title is a legal term that refers to the ownership of a property. By holding a title to a home, a person has legal rights and responsibilities and ownership control of the home. Titles may be an individual or two or more people, and can also be held by companies...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
A tenant is a person who rents property from a landlord. The monthly rent and terms are outlined in a lease agreement, which typically lasts 12...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
Staging is the preparation for listing a house on the market. Staging may involve redecorating, cleaning and decluttering, or making other aesthetic changes to make the home appealing to the highest amount of buyers...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
A showing is a private viewing of a property. The buyer’s agent will reserve a time for a client to private view a...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
Usually, when a person buys a home it comes with a home warranty, or the buyer will need to purchase a warranty. The home warranty will pay for any damage to the home. For example, if you were to purchase a home and discover that the furnace needs to be replaced, the...