...

What is a Conforming Loan? Ocean State Buyers explains it best!

What exactly is Conforming loan? Glad you asked! A conforming loan is a mortgage loan that meets the guidelines...

What is a Conservation Easement? Ocean State Buyers explains it best!

What exactly is Conservation easement? Glad you asked! A conservation easement is a legal agreement between a property owner...

What is a Contingency? Ocean State Buyers explains it best!

What exactly is Contingency? Glad you asked! A contingency is a provision in a real estate contract that specifies...

What is a Contingent Fee? Ocean State Buyers explains it best!

What exactly is Contingent fee? Glad you asked! A contingent fee is a fee paid to a lawyer or...

What is a Contingent Offer? Ocean State Buyers explains it best!

What exactly is Contingent offer? Glad you asked! A contingent offer is an offer to purchase a property that...

What is a Contract for Deed? Ocean State Buyers explains it best!

What exactly is Contract for deed? Glad you asked! A contract for deed, also known as a land contract,...

What is a Conventional Loan? Ocean State Buyers explains it best!

What exactly is Conventional loan? Glad you asked! A conventional loan is a mortgage loan that is not insured...

What is Commercial Property? Ocean State Buyers explains it best!

What exactly is Commercial property? Glad you asked! Commercial property refers to real estate that is used for business...

What is Commission Split? Ocean State Buyers explains it best!

What exactly is Commission split? Glad you asked! Commission split refers to the percentage of the commission earned by...

What is a Common Area? Ocean State Buyers explains it best!

What exactly is Common area? Glad you asked! A common area is an area of a property or building...

What is Common Law Marriage? Ocean State Buyers explains it best!

What exactly is Common law marriage? Glad you asked! Common law marriage is a type of marriage recognized in...

What is Community Property? Ocean State Buyers explains it best!

What exactly is Community property? Glad you asked! Community property is a type of property ownership where all assets...

What is Comparable Property? Ocean State Buyers explains it best!

What exactly is Comparable property? Glad you asked! Comparable property, also known as comp, is a property similar to...

What are Comparable Sales? Ocean State Buyers explains it best!

What exactly is Comparable sales? Glad you asked! Comparable sales, also known as comps, are recent sales of properties...

What is Comparative Lease Analysis? Ocean State Buyers explains it best!

What exactly is Comparative lease analysis? Glad you asked! A comparative lease analysis is a comparison of the lease...

What is Comparative Market Analysis? Ocean State Buyers explains it best!

What exactly is Comparative market analysis? Glad you asked! A comparative market analysis, also known as a CMA, is...

What is Condemnation? Ocean State Buyers explains it best!

What exactly is Condemnation? Glad you asked! Condemnation is the process by which the government takes private property for...

What is a Closing Disclosure? Ocean State Buyers explains it best!

What exactly is Closing disclosure? Glad you asked! A closing disclosure is a document that outlines all of the...

What is the Closing Disclosure Form? Ocean State Buyers explains it best!

What exactly is Closing disclosure form? Glad you asked! A closing disclosure form is a standardized form used in...

What are Closing Fees? Ocean State Buyers explains it best!

What exactly is Closing fees? Glad you asked! Closing fees are the fees charged by a closing agent for...

What is a Closing Protection Letter (CPL)? Ocean State Buyers explains it best!

What exactly is Closing protection letter (CPL)? Glad you asked! A closing protection letter is a document issued by...

What is a Closing Statement? Ocean State Buyers explains it best!

What exactly is Closing statement? Glad you asked! A closing statement is a document that outlines all of the...

What is Cloud on the Title? Ocean State Buyers explains it best!

What exactly is Cloud on the title? Glad you asked! A cloud on the title is a defect or...

What is a Co-op? Ocean State Buyers explains it best!

What exactly is Co-op? Glad you asked! A co-op, short for cooperative, is a type of housing where the...

What are Code Violations? Ocean State Buyers explains it best!

What exactly is Code violations? Glad you asked! Code violations are violations of building codes or regulations that can...

What is Collateral? Ocean State Buyers explains it best!

What exactly is Collateral? Glad you asked! Collateral is an asset that is pledged as security for a loan,...

What does Collateralize mean? Ocean State Buyers explains it best!

What exactly is Collateralize? Glad you asked! Collateralize is the act of using an asset as collateral for a...

What is Cash-on-Cash Return? Ocean State Buyers explains it best!

What exactly is Cash-on-cash return? Glad you asked! Cash-on-cash return is a ratio used to estimate the potential return...

What is a Certificate of Occupancy (CO)? Ocean State Buyers explains it best!

What exactly is Certificate of occupancy (CO)? Glad you asked! A certificate of occupancy is a document issued by...

What is a Chain of Title? Ocean State Buyers explains it best!

What exactly is Chain of title? Glad you asked! Chain of title is a record of all the owners...

What is Chattel? Ocean State Buyers explains it best!

What exactly is Chattel? Glad you asked! Chattel is personal property that is movable and not fixed to the...

What is Closing? Ocean State Buyers explains it best!

What exactly is Closing? Glad you asked! Closing is the final step in a real estate transaction where the...

What is a Closing Agent? Ocean State Buyers explains it best!

What exactly is Closing agent? Glad you asked! A closing agent is a person or company responsible for overseeing...

What are Closing Agent Fees? Ocean State Buyers explains it best!

What exactly is Closing agent fees? Glad you asked! Closing agent fees are the fees charged by a closing...

What is a Closing Contingency? Ocean State Buyers explains it best!

What exactly is Closing contingency? Glad you asked! A closing contingency is a provision in a real estate contract...

What are Closing Costs? Ocean State Buyers explains it best!

What exactly is Closing costs? Glad you asked! Closing costs are the fees associated with a real estate transaction,...

What is the Closing Date? Ocean State Buyers explains it best!

What exactly is Closing date? Glad you asked! The closing date is the date on which the buyer and...

What is Cap Rate? Ocean State Buyers explains it best!

What exactly is Cap rate? Glad you asked! Cap rate, short for capitalization rate, is a ratio used to...

What is Capital? Ocean State Buyers explains it best!

What exactly is Capital? Glad you asked! Capital refers to money or assets that are invested in a business...

What is a Capital Expenditure? Ocean State Buyers explains it best!

What exactly is Capital expenditure? Glad you asked! Capital expenditure is money spent on improving or enhancing a property...

What is Capital Gain? Ocean State Buyers explains it best!

What exactly is Capital gain? Glad you asked! A capital gain is the profit earned from the sale of...

What is Capital Gains Tax? Ocean State Buyers explains it best!

What exactly is Capital gains tax? Glad you asked! Capital gains tax is a tax imposed on the profit...

What is a Capital Improvement? Ocean State Buyers explains it best!

What exactly is Capital improvement? Glad you asked! A capital improvement is an improvement or renovation made to a...

What is a Capitalization Rate (Cap Rate)? Ocean State Buyers explains it best!

What exactly is Capitalization rate (cap rate)? Glad you asked! Capitalization rate, also known as cap rate, is a...

What is Cash Flow? Ocean State Buyers explains it best!

What exactly is Cash flow? Glad you asked! Cash flow is the amount of money that flows in and...

What is Cash Flow Analysis? Ocean State Buyers explains it best!

What exactly is Cash flow analysis? Glad you asked! A cash flow analysis is a financial analysis that tracks...

What is a Cash Out Refinance? Ocean State Buyers explains it best!

What exactly is Cash out refinance? Glad you asked! A cash-out refinance is a type of mortgage refinance where...

What is a Broker? Ocean State Buyers explains it best!

What exactly is Broker? Glad you asked! A broker is a person or company that facilitates the buying and...

What are Building Codes? Ocean State Buyers explains it best!

What exactly is Building code? Glad you asked! Building code is a set of standards and regulations that dictate...

What is a Building Codes Inspector? Ocean State Buyers explains it best!

What exactly is Building codes inspector? Glad you asked! A building codes inspector is a professional who is responsible...

What is the Building Envelope? Ocean State Buyers explains it best!

What exactly is Building envelope? Glad you asked! The building envelope is the physical separator between the interior and...

What is a Building Line? Ocean State Buyers explains it best!

What exactly is Building line? Glad you asked! The building line is a set distance from the street or...

What is a Building Permit? Ocean State Buyers explains it best!

What exactly is Building permit? Glad you asked! A building permit is a document issued by a local government...

What is a Buydown? Ocean State Buyers explains it best!

What exactly is Buydown? Glad you asked! A buydown is a payment made by a borrower to a lender...

What is a Buyer’s Agent? Ocean State Buyers explains it best!

What exactly is Buyer’s agent? Glad you asked! A buyer’s agent is a real estate agent who represents the...

What is a Buyer’s Market? Ocean State Buyers explains it best!

What exactly is Buyer’s market? Glad you asked! A buyer’s market is a real estate market where there are...

What are CAM (Common Area Maintenance) charges? Ocean State Buyers explains it best!

What exactly is CAM (Common Area Maintenance) charges? Glad you asked! CAM charges are fees paid by tenants in...

What is a Balloon Payment Mortgage? Ocean State Buyers explains it best!

What exactly is Balloon payment mortgage? Glad you asked! A balloon payment mortgage is a type of mortgage loan...

What is a Beneficiary? Ocean State Buyers explains it best!

What exactly is Beneficiary? Glad you asked! A beneficiary is a person or entity that receives the proceeds of...

What is Betterment? Ocean State Buyers explains it best!

What exactly is Betterment? Glad you asked! Betterment is an improvement or enhancement made to a property or asset...

What is a Bill of Lading? Ocean State Buyers explains it best!

What exactly is Bill of lading? Glad you asked! A bill of lading is a legal document that serves...

What is a Bill of Sale? Ocean State Buyers explains it best!

What exactly is Bill of sale? Glad you asked! A bill of sale is a legal document that serves...

What is Blanket Insurance? Ocean State Buyers explains it best!

What exactly is Blanket insurance? Glad you asked! Blanket insurance is a type of insurance policy that covers multiple...

What is a Blanket Mortgage? Ocean State Buyers explains it best!

What exactly is a Blanket mortgage? Glad you asked! A blanket mortgage is a type of mortgage loan that...

What is a Bond? Ocean State Buyers explains it best!

What exactly is Bond? Glad you asked! A bond is a type of debt security issued by a company...

What is a Breach of Contract? Ocean State Buyers explains it best!

What exactly is Breach of contract? Glad you asked! A breach of contract occurs when one party fails to...

What is a Bridge Loan? Ocean State Buyers explains it best!

What exactly is Bridge loan? Glad you asked! A bridge loan is a short-term loan used to finance the...

What is Arbitration? Ocean State Buyers explains it best!

What exactly is Arbitration? Glad you asked! Arbitration is a legal process used to resolve disputes outside of court....

What does “As-is” mean? Ocean State Buyers explains it best!

What exactly is As-is? Glad you asked! As-is is a term used in real estate transactions to indicate that...

What is Assessed Value? Ocean State Buyers explains it best!

What exactly is Assessed value? Glad you asked! Assessed value is the value of a property as determined by...

What is an Assignee? Ocean State Buyers explains it best!

What exactly is Assignee? Glad you asked! An assignee is a person or entity that receives the rights or...

What is an Assignment? Ocean State Buyers explains it best!

What exactly is Assignment? Glad you asked! An assignment is the transfer of a legal right or interest in...

What is an Assignor? Ocean State Buyers explains it best!

What exactly is Assignor? Glad you asked! An assignor is a person or entity that transfers a legal right...

What is an Assumable Mortgage? Ocean State Buyers explains it best!

What exactly is Assumable mortgage? Glad you asked! An assumable mortgage is a type of mortgage loan that can...

What is an Attachment? Ocean State Buyers explains it best!

What exactly is Attachment? Glad you asked! An attachment is a legal process that allows a creditor to seize...

What is a Balloon Mortgage? Ocean State Buyers explains it best!

What exactly is Balloon mortgage? Glad you asked! A balloon mortgage is a type of mortgage loan where the...

What is a Balloon Payment? Ocean State Buyers explains it best!

What exactly is Balloon payment? Glad you asked! A balloon payment is a large payment due at the end...

What is Abatement? Ocean State Buyers explains it best!

What exactly is Abatement? Glad you asked! An abatement is a reduction or elimination of a tax, fine, penalty,...

What is Accelerated Depreciation? Ocean State Buyers explains it best!

What exactly is Accelerated depreciation? Glad you asked! Accelerated depreciation is a method of calculating the value of an...

What is an Acceleration Clause? Ocean State Buyers explains it best!

What exactly is Acceleration clause? Glad you asked! An acceleration clause is a provision in a loan agreement that...

What is an Accessory Dwelling Unit? Ocean State Buyers explains it best!

Accessory Dwelling Unit What is it? Glad you asked! An accessory dwelling unit, also known as an ADU, is...

What is an Ad Valorem Tax? Ocean State Buyers explains it best!

What exactly is Ad valorem tax? Glad you asked! An ad valorem tax is a tax based on the...

What is an Addendum? Ocean State Buyers explains it best!

What exactly is Addendum? Glad you asked! An addendum is an attachment or supplement to a contract or agreement...

What is Adjoining Property? Ocean State Buyers explains it best!

What exactly is Adjoining property? Glad you asked! Adjoining property is property that is directly adjacent to or neighboring...

What is an Adjustable Rate Mortgage (ARM)? Ocean State Buyers explains it best!

What exactly is Adjustable rate mortgage (ARM)? Glad you asked! An adjustable rate mortgage is a type of mortgage...

What is Adverse Possession? Ocean State Buyers explains it best!

What exactly is Adverse possession? Glad you asked! Adverse possession is a legal doctrine that allows a person to...

What is an Agent? Ocean State Buyers explains it best!

What exactly is Agent? Glad you asked! An agent is a person or company authorized to act on behalf...

What is an Alienation Clause? Ocean State Buyers explains it best!

What exactly is Alienation clause? Glad you asked! An alienation clause is a provision in a mortgage or deed...

What is an Amenity? Ocean State Buyers explains it best!

What exactly is Amenity? Glad you asked! An amenity is a feature or benefit of a property or location...

What is Amortization? Ocean State Buyers explains it best!

What exactly is Amortization? Glad you asked! Amortization is the process of paying off a debt over time through...

What is an Amortization Schedule? Ocean State Buyers explains it best!

What exactly is Amortization schedule? Glad you asked! An amortization schedule is a table that shows the breakdown of...

What is an Appraisal? Ocean State Buyers explains it best!

What exactly is Appraisal? Glad you asked! An appraisal is an assessment of the value of a property or...

What is an Appraisal Contingency? Ocean State Buyers explains it best!

What exactly is Appraisal contingency? Glad you asked! An appraisal contingency is a provision in a real estate contract...

What is Appraised Value? Ocean State Buyers explains it best!

What exactly is Appraised value? Glad you asked! Appraised value is the estimated market value of a property as...

What is Appreciation? Ocean State Buyers explains it best!

What exactly is Appreciation? Glad you asked! Appreciation is the increase in value of an asset over time. Real-Life...

What is an Appurtenance? Ocean State Buyers explains it best!

What exactly is Appurtenance? Glad you asked! An appurtenance is a right or privilege that is attached to a...

What is Acquisition Cost? Ocean State Buyers explains it best!

What exactly is Acquisition cost? Great Question! Acquisition cost is the total cost of acquiring an asset, including the...

Benefits of Ocean State Buyers’ Cash Offer on a House

Benefits of a Cash Offer on a House A Refreshingly Hassle-Free Process What are the benefits of a cash...

Selling a House with Financial Issues to Ocean State Buyers

All About Selling a House with Financial Issues. A Common Dilemma Selling a house can be stressful, but selling...

Inheriting a House? The Ultimate Guide to Selling Your Inherited Property

Selling Your Inherited Property: The Ultimate Guide Introduction Inheriting a house can be both a blessing and a burden....