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What is a material fact?

August 3, 2011

A material fact in real estate is anything that a reasonable person would consider germane to deciding whether to purchase a property.  

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How long after I move out of a rental does my landlord have to return my deposit?

August 2, 2011

In California, a landlord has 21 days from the date you are considered legally vacated from your home to return your deposit.  

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What is a disclosure statement?

August 1, 2011

During escrow, there are a number of forms that will be provided by the Seller to the Buyer that lists everything a Buyer should know about the property prior to purchasing.  These forms are known as disclosure statements.

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What is equity?

July 31, 2011

In real estate, equity is a term used to describe the difference between the market value of your home and any liens against the home (like a mortgage).  

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What is a CAP rate?

July 30, 2011

In commercial property, the value of the property is often computed not by sales comps, but by a "cap rate."  

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What are "comps"?

July 29, 2011

Realtors use "comps," a shortened term for comparable sales, to establish the value of a home through a Comparable Market Analysis.

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