You can take different paths to finance a house, even if you’re a first-time buyer. One such option is going the subject-to-mortgage route. You need to know what this means as a homebuyer and how it works.

An easement is a legal right to use someone else’s land without owning the land. Buying and selling property requires understanding easements and how they affect your rights. There are several types of easements, each with its own rights, regulations and restrictions. One type of easement to consider is an easement in gross. Here’s what it is and how it works.

There are various formulas in real estate concerning different parts of the homebuying/selling process. They help determine how much a buyer potentially qualifies for, the down payment, capitalization rate and more. Loan-to-Cost (LTC) and Loan-to-Value (LTV) are two common formulas. Read on to learn loan to cost meaning, when to use LTV and LTC and the differences.

Condemnation in real estate often brings to mind images of decrepit, languishing and poorly maintained homes that pose dangers to their communities. The condemnation real estate definition, however, may surprise you.

If you’re buying or selling real estate, “AVM” (automated valuation model) might be a term you’ve encountered—probably next to a dollar figure. AVMs in real estate can provide rapid-fire estimates of a property’s value, potentially saving you a lot of time and money. But to use them safely and well, you need to understand how they work.

If you’re in the market for a new home, you might wonder, “What is a plat map?” The plat map, devised in the mid-1800s to help document rural land ownership within the United States, is actually a useful document to have. The more you understand it before buying a home, the better.