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What Is Automated Valuation Model(AVM) In Real Estate?

What Is Automated Valuation Model(AVM) In Real Estate?

AVM stands for Automated Valuation Model, a technology used in real estate to estimate the value of a property. AVMs analyze various data points like recent sales, property characteristics, and market trends to generate a valuation. While AVMs can provide quick estimates, they may not be as accurate as an appraisal conducted by a licensed professional. It’s essential to consider AVM results as a starting point and consult with experts for a more comprehensive evaluation.

What Is Real Estate Wholesaling

What Is Real Estate Wholesaling

Real estate wholesaling may sound like a foreign concept to many, but it's an intriguing avenue in the world of property investment. This lesser-known strategy has proven to be a game-changer for savvy individuals looking to break into the real estate market without...

What Does Capping Mean In Real Estate

What Does Capping Mean In Real Estate

Capping refers to the maximum amount a landlord can increase the rent on a property within a specified time frame. It is a regulation aimed at protecting tenants from exorbitant rent hikes. Typically set by local government, capping helps to ensure affordability and stability in the housing market.

What Does NNN Mean In Real Estate – Triple Net Lease Explained

What Does NNN Mean In Real Estate – Triple Net Lease Explained

When delving into the world of real estate, you may come across perplexing terms and abbreviations that seem like secret codes only industry insiders understand. One such acronym that frequently appears in property listings and lease agreements is NNN. This enigmatic...

What Is Deed In Real Estate – The Ultimate Guide

What Is Deed In Real Estate – The Ultimate Guide

Have you ever wondered about the legal document that seals the deal when buying or selling real estate? Look no further! In the realm of real estate transactions, a vital piece of paper known as a deed holds the power to transfer ownership rights from one party to...

What Does Contingent Mean In Real Estate

What Does Contingent Mean In Real Estate

Contingent - It's one of those real estate terms that often leaves homebuyers scratching their heads. You've likely come across it while scrolling through property listings or chatting with your real estate agent. But what does it really mean? In the world of real...