Real Estate 101
This is the term for the detailed inspection a buyer may request to check a home's condition before purchase.
What is a home inspection?
This is the document that gives proof of ownership for a property.
What is a deed?
This city in Idaho has been ranked amount the fastest growing metro areas in U.S., with many people relocating from out of state.
What is Meridian?
A home in New York was listed with an "unwelcome tenant" clause, meaning the buyer would inherit this creepy occupant living upstairs.
What is a squatter?
Jodie favorite place to spend time.
What is Stanley, Idaho?
This term refers to the increase in the property's value over time, often due to market conditions.
What is appreciation?
Before closing, this document outlines the buyers' financial obligations, including the final loan terms, interest rates, and total loan amount.
What is the closing disclosure?
Idaho is one of the top states for this type of Real Estate investment, especially in the areas with growing tourism and outdoor activities.
What is vacation homes or short-term rentals?
In Scotland, it's tradition to do this for your new neighbors-a practice that involves delivering
What is giving bread?
The one vegetable that Jodie will not ever eat.
What are beets?
This type of insurance protects the lender in case the borrower defaults on a mortgage.
What is PMI-private mortgage insurance?
This tax, paid to local governments, is assessed on the transfer of property and can vary by region.
What is transfer tax?
The average home price in Idaho has increased dramatically in recent years, but this city has remained relatively affordable compared to Boise.
What is Twin Falls?
In 2015, a Real Estate agent in Texas included this farm animal in the deal to sweeten the pot.
What is a goat?
Jodie can play this musical instrument.
What is a fiddle?
This legal principle allows a property owner to use a neighboring property, such as a driveway, for a specific purpose, even if they don't own it.
What is an easement?
This party is responsible for handling the closing process, ensuring all legal documents are signed, and funds are properly distributed.
What is the escrow officer?
What is $373,000.00?
In 2011, a man famously traded his house for this fast-food item
What is a sandwich?
The number of manufactured trailers located in mobile home parks did Jodie sell her first year as an agent.
What is 7?
This legal term refers to the right of a property owner to use and pass along the property's value to heirs, while also preventing the property from being sold or encumbered without the owner's permission.
What is life estate?
This term refers to the period before closing when the buyer can inspect the property and confirm it's in the expected condition.
What is the due diligence or inspection period?
In Idaho, this type of property ownership allows the buyer to own the land and the home, while leasing the land to a private company or government entity.
What is a leasehold estate?
To dodge taxes, some wealthy people in London but these animals on their rooftops, making it: "agricultural property."
What are bees?
What is $42,500.00?