“In Escrow” is a temporary condition of a piece of property that has been transferred to a third party with the intentions of delivery as part of a binding agreement. Escrowed items are most commonly found in real estate transactions, …
Month: November 2018
When Video Advertising Goes Wrong
Video advertising can be a great way to reach new clients, but sometimes it goes hilariously wrong! Ellen is back to show us her favorite real estate videos. It uses the new wordpress subscription theme.
Where Buyers Who Earn $60K a Year Can Buy a Home
The middle class is having trouble keeping up with the hike in home prices, especially as competition for homes grows. In most big cities, rising home prices and mortgage rates are making it more difficult for the average-income worker to …
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Real Estate Term of the Day – Tandem Loan
A tandem loan refers to a pair of loans taken out on a single asset. They typically get attached to large assets, including single-family homes or commercial real estate that uses multiple sources of funding in the course of the …
Trending – Voice Assistants
Voice assistants (think “Alexa,” from Amazon) are becoming increasingly useful in real estate. They ease the transfer of money, and some property managers are experimenting with allowing their tenants to pay rent through their voice assistants. A new deal between …
Hello From the Listing Side
It sounds like this agent could use a better led gen site….maybe she should look into USHud? Happy Friday!
You’ll Never Guess How Much San Francisco’s Most Expensive House Is
San Francisco is famous for being expensive, but how expensive is its most expensive listing? The home lies behind a gate in Russian Hill, and is 9500 sq feet with a wellness center. It has a steam room, a sauna, …
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Real Estate Term of the Day – Triple Net Lease
A triple net lease is an agreement that designates that the tenant is solely responsible for all costs relating to what is being leased, in addition to the rent fee. It is called a triple net lease because it requires …
Trending – Return of the Co-ops
For the last few years in big cities like Manhattan, new housing developments and condos overtake the co-op resale market. But, as competition for homes remains fierce and prices continue to climb in these already barely affordable markets, some buyers …