A bargain and sale deed is a type of real estate deed that transfers ownership of a property from a seller to a buyer without guaranteeing that the title is free of problems. It says, in effect, “I own this property and I’m transferring it to you,” but it does not...
A band of investment is used in real estate valuation, most often used in commercial appraisal. A band of investment is a way to estimate how much return an investment property needs to generate for the investor by looking at how it is paid for. Most income-producing...
A note calling for periodic payments which are insufficient to fully amortize the loan, so that a principal sum known as a balloon is due at maturity. A balloon note is a loan arrangement in which the borrower makes regular monthly payments—often based on a longer...
A secondary offer to buy property, used in case the first offer fails. A backup offer is an offer submitted on a property after the seller has already accepted another offer. It is designed to take effect only if the primary, accepted contract falls through. In...
Are you about to take the Arizona Real Estate Salesperson Licensing Exam? If so, you might want to pump the brakes and study some new material before doing so. The Arizona Department of Real Estate released a significant amount of new exam topics in Q4 of 2025, topics...
Are you a Washington real estate licensee? Are you as excited about the new 2026-2027 CORE CE course as we are–the one that we give to you FREE of charge? At OnlineEd, we’ve been preparing for this moment for months; the moment we’ll go live with our...
