Tag Archives: education

Real Estate Education

What Does Gross Lease Mean? A type of commercial lease where the landlord pays for the building’s property  taxes, insurance and maintenance. A gross lease can be modified in a number of ways to best meet the needs of a … Continue reading

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Know About Credit

5 Factors That Decide Your Credit Score Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score: 1. Your payment history. Did you pay your credit card … Continue reading

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Real Estate Education

What Does Meander Line Mean? Lines and boundaries that are established for surveying and mapping. Meander lines are run by surveyors for mapping and surveying purposes for a body of water. The lines are drawn around the lake or pond … Continue reading

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Real Estate Education

  What Does Impact Fee Mean? A fee imposed on property developers by municipalities for the new infrastructure that must be built or increased due to new property development. These fees are designed to offset the impact of additional development … Continue reading

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Helpful Hints for the House

  Bubble Gum Removal!       “To remove bubble gum or any type of gum from hair (child’s head, on arm, leg, etc.), simply spread peanut butter on the area and wash! It comes out like magic because of the oil!!”  Candle … Continue reading

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Real Estate Education

New FHA mortgage Insurance monthly charges are on the way. Click on the picture to read the info.

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Real Estate Education

  What Does Seller Financing Mean? A real estate agreement where financing provided by the seller is included in the purchase price. It is also known as a purchase-money mortgage. A purchase-money mortgage is a mortgage given to the seller as part … Continue reading

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Real Estate Trivia

Can you tell me: What was the building superintendent’s name on the television show One Day At A Time? Highlight below to see the answer Answer: “Schneider” Dwayne Schneider (Pat Harrington), is the superintendent

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Statistics For NJ and PA 2010

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Real Estate Education

What Does Settlement Statement Mean? A statement that summarizes all the fees and charges that both the homebuyer and seller face during the settlement process of a housing transaction. This form, which is under the jurisdiction of the U.S. Department … Continue reading

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