Topic: Real Estate Terms Mol
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What does MOL mean in terms of real estate?
More or less That means that the property never had a proper survey. Of if renting. Mean Old Landlord. Read More »
Source: http://www.trulia.com/voices/Home_Buying/What_does_MOL_mean_in_te...
What is Fee Simple in Real Estate Terms?
In real estate, fee simple refers to ownership of property, normally referring to land, to the highest degree possible, as allowable by law. For more legal definitions visit an online legal dictionsary such as www.yourdictionary.com/law/fee... Read More »
Source: http://answers.ask.com/Business/Other/what_is_fee_simple_in_real_...
What does the term mol stand for in real estate?
MOI means Months of Inventory. In the real estate market this means the rate of how many sales there are of a particular type or price of a property in a given time frame. To determine the MOI you take the number of last months active listi... Read More »
Source: http://www.webanswers.com/real-estate/what-does-the-term-mol-stan...
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Answers to Other Common Questions
REO stands for "real estate owned" by a lender or bank. REO properties are also known as bank-owned foreclosures. A foreclosed property that fails to sell at a trustee sale, or auction, becomes an REO. REOs are assets that the bank usually ...
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Source: http://www.ehow.com/about_6301244_reo-property-real-estate-terms_...
Real estate transactions often go through an escrow process. During this time, the buyer places funds into a secure escrow account while the terms of the contract are completed. If working with a title and escrow company, the escrow officer...
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Source: http://www.ehow.com/info_12009480_prorate-mean-real-estate-terms....
Homeowners who are unable to pay their monthly mortgage obligations must sell their homes to prevent foreclosure. In the real estate industry, a "pre-foreclosure" sale is known as a "short sale."
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Source: http://www.ehow.com/facts_6763167_meaning-term-pre_foreclosure-sh...
When you sell a real estate investment property, you must calculate your capital gain, which typically results when you sell a property for more than its adjusted basis. The adjusted basis consists of the purchase price and certain costs yo...
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Source: http://www.ehow.com/how_12099738_calculate-longterm-capital-gain-...
In real estate, the term short sale means the owner sells his house for less than what he owes. One result of the subprime mortgage crisis in the late 2000s was that the value of homes decreased. Many homeowners who bought a home at an infl...
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Source: http://www.ehow.com/about_7324571_term-sale-mean-real-estate_.htm...
Other words that can describe real estate are: land, real property, realty.
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Source: http://wiki.answers.com/Q/Real+estate+is+a+term+that+refers+to
Closing Cost! These are fees that you incur when you close escrow on Real property
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Source: http://wiki.answers.com/Q/What_is_CC_in_real_estate_terms
