Homeowner Education

The latest news, tips, and tricks for homeowners

Residuary Estate

A Residuary Estate refers to the portion of a deceased person’s estate that remains after all debts, expenses, taxes, and specific gifts have been satisfied.

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Resale Value

Resale Value Resale Value refers to the estimated amount a property is likely to sell for in the future based on market conditions, property characteristics,

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Recreation Room

A Recreation Room is a designated interior space within a residential property that is intended for leisure, entertainment, and informal activities rather than essential daily

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Real Estate Bubble

A real estate bubble occurs when home prices rise rapidly to levels that are not supported by underlying economic fundamentals, such as income growth, employment,

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Probate

Probate is the legal process through which a deceased person’s estate is formally administered and distributed under court supervision. This process establishes the validity of

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Probate Sale

A Probate Sale is a real estate transaction in which property owned by a deceased person is sold under the authority and supervision of a

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Private Easement

A private easement is a legal right granted to a specific individual, group, or property owner to use a portion of another person’s property for

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Pest Inspection

A Pest Inspection is a professional evaluation of a property conducted to identify the presence or evidence of insects, rodents, or other organisms that may

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