Debt to Income Ratio
The debt to income ratio compares total debt obligations to income and is commonly used…
Debt to Equity Ratio
The debt to equity ratio measures how much debt is used to finance a property…
Contingent Offer
A contingent offer is a purchase offer that depends on one or more conditions being…
Commercial Real Estate (CRE)
Commercial real estate, commonly abbreviated as CRE, refers to properties used primarily for business or…
Comparables and Comparative Market Analysis (CMA)
Comparables, often referred to as comps, are recently sold or leased properties used to estimate…
Closing Costs
Closing costs are the expenses incurred to complete a real estate transaction beyond the purchase…