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Real Estate Glossary

What does Resale Value mean?

Resale value refers to the amount of money that a property is expected to fetch when it is sold on the market. This value can be affected by a variety of factors, such as the condition of the property, the location, and market conditions. The resale value is an important consideration for homeowners and investors, as it can affect their ability to sell the property at a profit or at least recoup their investment.

Acknowledgment

Agency Closing

Asbestos

Credit Life Insurance

Depreciation

Fee Simple

Finish Grade

General Plan

Impounds

Investment Property

Lease Option

Loan (203k)

Mint Condition

Mortgage broker

Neo-Traditional Planning

Planned-Unit Development

PRE -ALTA

Sale-Leaseback

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, OH, SC, TN and TX.
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IDX© information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

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Artur

Real Estate Assistant