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Closing Costs

Fees and expenses paid at the completion of a real estate transaction.

by Sukhumalin  July 11, 2025

Comparative Market Analysis

An evaluation of similar property sales to estimate value.

by Sukhumalin  July 11, 2025

Condominium Association

The governing body managing common areas and rules in a condo development.

by Sukhumalin  July 11, 2025

Conforming Loan

A mortgage meeting Fannie Mae and Freddie Mac guidelines, eligible for purchase by these agencies.

by Sukhumalin  July 11, 2025

Construction Costs

All expenses involved in building a property, including materials, labor, and permits.

by Sukhumalin  July 11, 2025

Contiguous Lots

Parcels of land sharing a common boundary.

by Sukhumalin  July 11, 2025

Cooperative (Co-op)

A building owned by a corporation where residents own shares giving them rights to their units.

by Sukhumalin  July 11, 2025

Cost Approach

A valuation method estimating value based on land cost plus replacement cost minus depreciation.

by Sukhumalin  July 11, 2025

Covenants, Conditions & Restrictions (CC&Rs)

Rules governing property use in a development or community.

by Sukhumalin  July 11, 2025

Curable Depreciation

Deterioration that can be economically repaired or updated to add value.

by Sukhumalin  July 11, 2025

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Discover the essential real estate terms that will elevate your game and give you the confidence to navigate the market like a pro! Dive in and explore the terms that interest you the most.

Glossary Of Real Estate Lending List

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