Term
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Definition
| The Real Estate participant who buys from the subdivider and sells to the builder? |
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Term
Brokerage
Sub-divider
Developer
Builder/Contractor
Mortgage Banker/Broker
Valuation/Appraisal
Property Management
Government Services
Consulting
Research and Education
Legal and Governmental
Secondary Mortgage |
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Definition
| Name 12 Businesses in the Real Estate Industry |
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Term
Investment
Rennovation Decision
Refinance
Exchange (IRC 1031)
Default
Location
Rent vs. Buy
Diversification
Disposal |
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Definition
| Name 9 Real Estate Decisions. |
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Term
Residential
Commercial
Industrial
Land |
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Definition
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Term
Mortgage / Deed of Trust
Promissory Note
Listing Agreement
Earnest Money Contract
Lease
Option
Mortgage-Backed Securities (MBS)
Deed / Title |
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Definition
| Name 8 Types of Real Estate Contracts |
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Term
Sell Assets
Increase Liabilities |
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Definition
| Name the two major ways to raise capital for Real Estate investment. |
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Term
| Receive cash, but no longer have use of asset. |
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Definition
| Problem with selling assets to raise capital for real estate investment. |
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Term
| Restrictions and loss of control |
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Definition
| Problem with borrowing money from a lender. |
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Term
| Financial risk of subordination |
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Definition
| Problem with selling Long Term Bonds to raise capital for real estate investment. |
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Term
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Definition
| Problem with selling commercial paper to raise capital for real estate investment. |
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Term
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Definition
| Problem with issuing stock to raise capital for real estate investment. |
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Term
Restricted Entry & Exit
Few Buyers and One Seller
High Informaiton Costs
Heterogeneous Asset |
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Definition
| Name four characteristics of realestate (compared to competitive products) |
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