Acronyms
NAR
National Association of Realtors
Often physically attached to the home they're items that were once personal property but are now part of the sale
FIXTURES
10%
In The Wizard of Oz, Dorothy said, "There is no place like home!"... Her home was in this tornado prone state.
KANSAS
FSBO
For Sale by Owner
A claim on a debtor's property; the mechanic's type is held by a worker who wasn't paid
LIEN
The number of homes that sold in the Greater Louisville market in 2021.
The Flintstones lived in this town
BEDROCK
CMA
Comparative Market Analysis
In both commercial & home property the most important element is said to be this this this
LOCATION
1000
The current number of homes listed for sale in the Greater Louisville market
This Real estate board game became the best-selling game in America just one year after it was created
MONOPOLY
CTC
Clear to Close
From the Latin for fair it's a property's fair market value minus outstanding debt
EQUITY
$88 million
The amount of volume White Picket Real Estate sold in 2021
Elvis Presley’s Home
GRACELAND
WDI
Wood Destroying Insects
Disclosure required if a house was built before 1978
LEAD BASED PAINT
1 month
Louisville's current absorption rate.
Movie starring Christian Bale about taking advantage of the economic and housing market collapse
THE BIG SHORT