Homeowner Education

The latest news, tips, and tricks for homeowners

Bargain and Sale Deed

This type of deed typically involves real estate sales or court seized properties. This deed transfers ownership much like the quit claim deed, but instead

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Asking Price

The asking price is the amount a home seller wants a buyer to pay to purchase his home. The asking price is generally part of

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Appraised Value

The appraised value of a home is the value at a specific point in time as determined by a licensed appraiser. An appraisal is usually

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Appreciation

Appreciation, or capital appreciation, is an increase in the price or value of an asset. Appreciation occurs when the market value of an asset is

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Appraisal

Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value, for real property. Real estate transactions often require

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Agreement of Sale

An agreement of sale is a legal document that outlines the terms of a real estate transaction. It lists the price and other details of

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Adjusted Basis

Adjusted basis refers to how much you lose or gain when you sell property. Before you can determine your profit or loss from the sale

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Addendum

An addendum is a change to an existing contract. After signing a valid legal contract, parties use addenda to alter the terms of the contract

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