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What Is a Transfer Tax In Real Estate?

What Is a Transfer Tax In Real Estate?

What exactly is a transfer tax? Simply put, it’s a tax that’s levied on the transfer of property from one owner to another. It can also be called a “transfer fee” or a “stamp tax.” Now, let’s dive a little deeper. Transfer...
What Are Real Estate Notes?

What Are Real Estate Notes?

Understanding Real Estate Notes As a seasoned real estate agent, I’m here to tell you all about real estate notes. These can be a little confusing for those new to the real estate game, but don’t worry – I’m here to break it all down for you....
How Does Commission Work In Real Estate

How Does Commission Work In Real Estate

What Is Commission? First things first, let’s define what we mean by “commission.” In the real estate world, commission refers to the fee that agents charge for their services in helping you buy or sell a property. It’s typically a percentage...
What Is PITI In Real Estate?

What Is PITI In Real Estate?

Understanding PITI: The Four Components of a Mortgage Payment and Their Impact on Real Estate Decisions As a seasoned real estate agent, I know how confusing the terminology in the industry can be. One term that you may have heard thrown around is “PITI,”...