What is an Easement?
An easement is one of the many types of encumbrances that can be found on real estate properties. Like all other encumbrances, easements...
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njrels
- Sep 4, 2022
- 4 min
What are Encroachments on Real Estate?
Encroachments are one of the biggest encumbrances in real estate that affect homeowners. Just like other restrictions that may be on...
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njrels
- Sep 4, 2022
- 4 min
New Real Estate Agent Survival Guide
New Real Estate Agent Survival Guide Becoming a new real estate agent is daunting. There’s no way to predict challenges, such as having...
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njrels
- Sep 4, 2022
- 2 min
Real Estate Agent Kickbacks: What are They?
Can Real Estate Agents Give or Receive Kickbacks? Real estate agent kickbacks are an under the table exchange of cash or goods to...
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njrels
- Sep 4, 2022
- 4 min
What Is a Real Estate Short Sale?
What is a short sale? In simple terms, a short sale is when the borrower or homeowner sells a property for less than what they owe on it....
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njrels
- Sep 4, 2022
- 3 min
What is Steering in Real Estate?
Steering in real estate is one of the ethical topics that pop up during a real estate agent’s career. Whether it’s understanding the...
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njrels
- Sep 4, 2022
- 4 min
Appraisals vs Inspections of a Home: What’s the Difference?
When a home seller secures a buyer, the home will need two different inspections. On the surface, appraisals vs inspections of a home...
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njrels
- Sep 4, 2022
- 5 min
What is a Real Estate License?
According to the National Association of Realtors®, 5.64 million existing homes were sold in 2020. And, US Census Bureau data shows that...
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njrels
- Sep 4, 2022
- 4 min
Joint Tenancy vs Tenancy in Common: What’s the Difference?
If you are currently taking a real estate licensing course and are preparing for your real esate exam , be aware that you will need to...
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njrels
- Sep 4, 2022
- 4 min
6 Acronyms that Will Help You Pass the Real Estate Exam
If you are currently taking or planning to take your real estate licensing course, you probably already know that you will need a firm...
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njrels
- Sep 4, 2022
- 4 min
Mortgage Markets Explained: Primary vs. Secondary
According to Statista, the United States is home to a massive mortgage market, valued at $11.9 trillion in 2021. This financial sector is...
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njrels
- Sep 4, 2022
- 4 min
10 Appraisal Vocabulary on the Real Estate Exam
As you prepare to take the real estate exam, you'll want to be studying a variety of topics and terms to ensure you’re ready when the...
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njrels
- Sep 4, 2022
- 4 min
10 Real Estate Finance Vocabulary Words You Will See on the Exam
If you've been preparing to take your real estate exam, you should know that part of the test will include vocabulary and terminology...
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