LATEST STORIES
Stop Doing This at Showings. Seriously.
Can you spot the major mistake made by a real estate agent and their buyer in the following interaction? Agent: "This porch seems to be in surprisingly good condition, and I love the color of the front door" (gestures at the eggplant-colored door in front of them)...
What Does 1.1 Baths Mean?
It doesn't feel reassuring to see a real estate listing advertising a 1.5 bath condo, and then see...
The Danger of Buying in a Buyer’s Market
Terms like "buyer's market" and "seller's market" are frustrating to me because they're often used...
Condominium Deck Avail
What does "Condominium Deck Avail" mean in a real estate listing? Great question! Condominium deck availability indicates whether a condominium unit includes a private or exclusive-use deck, balcony, patio, or similar outdoor living space. In condominium listings,...
YNUR
What is YNUR in a real estate listing description? Is it a cool new acronym that everyone's talking about? Well... sort of, depending on what "cool" means to you. YNUR is an RMLS field designation indicating that a condominium-related feature or policy can be answered...
Deeded Storage
What is deeded storage? Is it a more intense form of storage? Yes and no! Deeded storage refers to a storage unit that is legally owned as part of a property's real estate interest. If a storage unit associated with a condominium is not deeded, it is usually assigned...
One-Time Capital Improvement Contribution
What is a one-time capital improvement contribution? Thanks for asking! This "contribution" is a fee that a buyer pays when purchasing a unit in a condominium, homeowners association (HOA), or planned community. This fee is not always part of a purchase involving an...
Condominium Storage Tax
What is a condominium storage tax? Is it just another fun way to pay more taxes? The answer is: kind of! Condominiums often have storage units, and these units may be legally part of the condominium itself, not a separate property that can be bought or sold...
Gazumping
Imagine a world in which an accepted offer on a property is not legally binding, and either the seller or buyer can pull out of the accepted offer just for fun. This world is not so imaginary if you're in England or Wales, where an accepted offer on a home is...
Vampire Property
A vampire property is a residential property that has gone through foreclosure or has been abandoned by its owner, but is still occupied by former owners, tenants, or other individuals who remain in the home. This puts the property in a sort of "undead" state in which...
RP Residential
"RP Residential" is a property type designation in Portland, Oregon (and in some other jurisdictions) that stands for "Real Property, Residential." This means that the property is currently used as a residence, and not for commercial or industrial purposes. However,...
RCU Residential, Commercial Use
"RCU Residential, Commercial Use" is a property designation used in Portland, Oregon (as well as in other jurisdictions across the country) to describe a property that has both residential and limited commercial uses, excluding industrial uses. Thus, a property...
Wholesaling in North Dakota
New Wholesaler Laws in North Dakota Beginning August 1, 2025, North Dakota expanded its real estate wholesaling law to apply to all real property, rather than only residential real property. Under the revised law, a wholesaler is a person who enters into an agreement...
HUD
HOUSING & URBAN DEVELOPMENT
HUD
(Department of Housing and Urban Development)
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