Real Estate Term of the Day: Earnest Money EARNEST MONEY – a deposit made by a purchaser of real estate to evidence good faith (Barron’s Dictionary of Real Estate Terms) In the State of Colorado, earnest money is typically held in a trust account by either the real estate brokerage or the title company. The … More Real Estate Term of the Day: Earnest Money
DEBIT DECLARATION DEED DEED IN LIEU OF FORECLOSURE DEED OF TRUST DEFAULT DEFERRED MAINTENANCE DELINQUENT DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT DEPRECIATION DETACHED HOUSING DEVELOPER DEVELOPMENT DISCLOSURE STATEMENT DISTRESSED PROPERTY DOWN PAYMENT DRIVE-BY APPRAISAL DUEL AGENCY DUE DILIGENCE DUPLEX Copyright 2012 – Created by Tagxedo.com
Real Estate Term of the Day: Depreciation & Obsolescence DEPRECIATION – an decrease in the value of property due to obsolescence (Barron’s Dictionary of Real Estate Terms) OBSOLESCENCE – a loss in value due to reduced desirability and usefulness of a structure because its design and construction have become obsolete; loss due to a structure … More Real Estate Term of the Day: Depreciation & Obsolescence
Real Estate Term of the Day: Duplex DUPLEX – two dwelling units under one roof (Barron’s Dictionary of Real Estate Terms) Duplexes are most often found in dense urban communities, where land is more expensive than suburban communities. A true duplex is often considered an attached single family. They are separated by a common wall … More Real Estate Term of the Day: Duplex
LESLIE MONACO REAL ESTATE 