Homeowner Education

The latest news, tips, and tricks for homeowners

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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Abstract of Title

An abstract of title is the written history of a piece of land to document all transactions associated with that land from the time the

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