ACRONYM'S
The acronym for the organization that has "CRAZY KAREN'S and CARL's" of the neighborhood
What is the HOA?
The most common loan length for mortgages in the U.S.
What is 30 years?
Jodie has been a licensed agent for how many years
What is 5?
This HGTV-inspired phrase is often used when buyers want move-in ready granite countertops and open floor plans.
What is Turnkey?
Home inspection often checks this crucial system that brings water into the house and removes waste
What is plumbing?
3 letter acronym is used for properties that are not yet sold and are on the market
What is MLS?
This tax-deferred exchange allows investors to sell one property and buy another without immediate capital gains taxes
What is 1031 exchange?
Jodie's favorite Marvel move is
What is THOR?
In the early 20th century, this American company sold houses, or at least materials to build them through its mail order catalog.
What is Sears?
The worst thing Armand has seen at an inspection
What is Master shower (gaps and openings in tile grout) subflooring in the crawlspace was rotted, wet and muddy.
The acronym for Principal, Interest, Taxes, Insurance
What is PITI?
This clause in a contract allows buyers to back out if they can't secure financing
What is financing contingency?
Jodie's previous last name
What is Davila?
Research has shown that homes with this color front door are often the most expensive to sell
What is Black?
The 5 things that are usually called out on an home appraisal
What is peeling/chipping paint, missing handrails, exposed wiring, broken windows and roof leaks?
The acronym for the form filed out by sellers that informs the buyers information about the property
What is SPD?
This real estate metric is calculated by dividing net operation income by purchase price
What is CAP RATE (Capitalization Rate)
Jodie's first job
What was pulling the neighbors weeds. (Age 5)
This type of listing agreement gives only one broker the right to sell a property.
What is an exclusive right to sell listing?
The top 5 items that are found called out on a home inspection
What are Roof, Electrical, Plumbing, HVAC and foundations/drainage issues
A buyer using the BRRRR method is probably and investor. What does it stand for?
What is Buy, Rehab, Rent, Refinance, Repeat
What do you get every month when the mortgage is due
What is Homesick?
Jodie is traveling again in 5 weeks too
What is South Carolina?
What is caveat emptor?
How many states currently require a termite inspection
What is 35-40? (They keep changing!)