Aerial Photos
Aerial photos are photographs taken by cameras mounted in aircraft or satellites. Aerial photos are more commonly used in the industrial Real Estate Market to get a better feel of a property’s large size and limits. Not only that: as part of the appraisal process. Imagine a power plant. Having a picture taken from the sky helped to check if there were any structural problems on hard to reach areas like the outside of a roof.
However, ever since drones became so popular and easy to manipulate, the residential real estate market has started to take aerial photos as well as a marketing ploy to help drive sales.
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Popular Real Estate Terms
The equity in property because of work in it by the buyer or holder which directly increases its value. ...
Also called earnest money. Money deposited with an individual for security for the performance so some contract. This is intended to show his/her willingness to follow through with the ...
Individual or business to which all rights (usually intangile) to property have been transferred. ...
The logical definition of both words is almost enough to understand what is earnest money. Money is a form of exchange between people to assert value to something and Earnest equals ...
Properties that about and actually touch and share a common border. Properties B and C are contiguous. Property A is adjacent to properties B and C, but it is not contiguous. ...
If you’re looking for the real estate agent definition, you’re in the right place. So, in the following paragraphs, we will try to examine the complex job of a real estate ...
Medium price for a new second home. Medium is the middle value between the lowest and highest figures. ...
Loan that allows the borrower to pay only the interest for the first few years of the loan. ...
Post-like components of wood that comprise a building frame. For example, a building code in a locality might require that studs measuring two-up-six be used for the exterior part of the ...
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