As it relates to the economy
The name of one of the worst economic declines in US history that lasted from December 2007 to June 2009. The collapse of the housing market — fueled by low-interest rates, easy credit, insufficient regulation, and toxic subprime mortgages — led to this economic crisis
What is the Great Recession?
Daily Bonus: Free points
Free Points
The final step in executing a real estate transaction. It is the last step in purchasing and financing a property.
What is a closing?
The process of promoting your unique value proposition to the world in order to build a brand, and attract clients.
What is Marketing?
An agreement between you and a lender that allows you to borrow money to purchase or refinance a home and gives the lender the right to take your property if you fail to repay the money you've borrowed.
What is a mortgage?
A TV show that showcases the drama at The Oppenheim Group, where elite real estate brokers sell the luxurious life to their affluent buyers.
What is Selling Sunset?
The process where a lender attempts to recover the balance of a loan from a borrower who is not making payments to the lender. They do this by forcing the sale of the asset used as the collateral for the loan
What is a Foreclosure?
Arguably the most used American online real-estate marketplace company that was founded in 2004.
What is zillow?
The application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand.
What is Real Estate Economics?
With her 6.6 billion acres, ________ of England is by far the world's largest landowner.
Who is Queen Elizabeth II?
When a homeowner sells his or her property for less than the amount owed on their mortgage. The seller is "short" the cash needed to fully repay the mortgage lender.
What is a short sale?
The most used Social Media Platform, used by real estate agents over any other platform.
What is Facebook?
In the law of real property is the right of a debtor whose real property has been foreclosed upon and sold to reclaim that property if they are able to come up with the money to repay the amount of the debt.
What is the right of redemption?
The owner of Berkshire Hathaway Inc, an American multinational conglomerate holding company
Who is Warren Buffet?
What is another name for the Real Estate Settlement Procedures Act
RESPA
A hyperlocal social networking service for neighborhoods. The company was founded in 2008 and is based in San Francisco, California.
What is Nextdoor?