Movies
In this 1986 comedy, Tom Hanks and Shelley Long buy their dream home, which turns into a hilarious renovation nightmare.
What is The Money Pit?
The rate that is used to evaluate a property's profitability and value, often used in commerical real estate.
What is cap-rate?
Form required to be signed by FHA buyers but our brokerage requires all buyers to sign it regardless of how they purchase the property.
What is For Your Protection, Get a Home Inspection?
This term refers to how attractive a home looks from the street.
What is curb appeal?
Timeframe allowed for buyer to complete the application for a new loan from the acceptance date of the Real Estate Contract.
What is 5 business days?
In this real estate drama, desperate salesman fight to keep their jobs by selling undesireable property, featuring Alec Baldwin's iconic monologue.
What is Glengarry Glen Ross?
The profit made when a home's value increases.
What is appreciation?
What is an Agency Agreement Addendum?
A kitchen with no dividing walls is said to have this type of layout.
What is an open floor plan?
Timeframe allowed for seller to complete and deliver the LBP Addendum to the buyer once under contract.
What is 3 business days?
A couple is lured into a suburban housing development they can't escape - a twisted take on house hunting.
What is Vivarium?
This acronym stands for how much income you make on an investment versus the cost.
What is ROI (Return on Investment)?
Form required when at least 2 parties are paying the commission.
What is a Multi-Party Compensation Disclosure?
A private bathroom attached directly to a bedroom.
What is an en suite bathroom?
Timeframes for the buyer and seller on the Inspection, Repair and Survey Addendum.
What is buyer (10 business days ), seller (5 business days) and buyer (5 business days)?
Will Ferrell's character becomes obsessed with upgrading his house and competing with his neighbors in this 2004 comedy.
What is The Stepford Wives?
What is cash flow?
Form required for accepted back up offers to an existing contract.
What is a Notification of Existing Real Estate Contract Addendum?
A finished area below the main floor that can be used as a living space.
Timeframe allowed for termite to be ordered once under contract,
What is 10 business days?
This 2014 firm starring Michael Shannon is about a man who loses his home and then ends up working for the very real estate broker who evicted him.
What is 99 Homes?
This is added to your mortgage if your down payment is under 20%.
What is PMI (Private Mortgage Insurance)?
Form required if the buyer is able to remove a contingency to sell and close on their existing home.
What is a Contingency Removal Addendum?
The acronym used for a bonus room that is typically located over the garage and can be used as a game room, home theatre, office or playroom.
What is a FROG (Finished Room Over Garage)?
Timeframe allowed for seller to provide the seller property disclosure to the buyer once under contract.
What is 3 business days?