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...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
When a home is sold for less than the total amount of a loan, this is called a short sale. A homeowner may utilize this type of sale as it carries a lower consequence on credit than a foreclosure and may prevent a potential lawsuit due to loan deficiency. This type of...