Video Dictionary

CMA – Comparative Market Analysis

http://www.youtube.com/watch?v=PxDEeyOwaNc Video Dictionary Blog (vlog) by REALTOR® JenKlein  - Defines CMA or Comparative Market Analysis- Comparative Market Analysis Defined by Investopedia "An examination of the prices at which similar properties in the same area are sold, performed to help clients determine a price to list when selling a home or a price to offer when buying a home." Please...

MLS – Multiple Listing Service

http://www.youtube.com/watch?v=GrgLM1IiX4c Video Dictionary Blog (vlog) by REALTOR® JenKlein  - Defines MLS- Mulitple Listing Service Real estate agents often use acronyms which may be foreign to home buyers and sellers. The Multiple Listing Service is essentially a database of homes on the market accessible to only licensed agents. It is the most accurate and up to date, real time status...

Myths of a Reverse Mortgage

http://www.youtube.com/watch?v=NbgJ8AoSUaY Roseville Realtor Jen Klein and Liz Baeza discuss the myths of a Reverse Mortgage- As more and more baby boomers move towards retirement and are looking to downsize or just simply move into their retirement home, financing has become more of an obstacle. With fixed incomes and large down payments, they are stuck attempting to figure out how to purchase with...

Video Dictionary – Assessed Value

https://www.youtube.com/watch?feature=player_embedded&v=OA4xNTNz70c Video Dictionary Blog (vlog) by REALTOR® JenKlein - Assessed Value- Jen Klein Roseville Realtor, discusses another real estate term for her video dictionary. Investopedia- The dollar value assigned to a property for purposes of measuring applicable taxes. Assessed valuation is used to determine the value of a residence for...

Video Dictionary – Dual Agency

http://youtu.be/tQHmp56wGGQ Video Dictionary Blog (vlog) by REALTOR® JenKlein - Dual Agency- Jen Klein Roseville Realtor, discusses another real estate term for her video dictionary. Wikipedia Defines Dual agency- 1. Dual agency occurs when the same brokerage represents both the seller and the buyer under written agreements. Individual state laws vary and interpret dual agency rather differently....

Quit Claim Deeds and Divorce

http://www.youtube.com/watch?feature=player_embedded&v=bYZCAmXMFx8 What is a quit claim deed? When is it appropriate to use? Often times a quit claim is used in divorce to separate property rights and liability, unfortunately it doesn't always work like that. A quit claim quits your claim or ownership in the property. However, in the mortgage holders eyes, it does not end your liability to the...

Video Dictionary- Escrow or Opening Escrow

http://youtu.be/N1yanCCFGag Video Dictionary Blog (vlog) by REALTOR® JenKlein - Defines Escrow or Opening Escrow-  Roseville Realtor Jennifer Klein a.k.a. Jen Klein, defines the term Escrow. The term escrow is a neutral third party,  which monitors the purchase and sale process. The term is used differently across different industries. However, in real estate it refers to depositing of funds...

Video Dictionary – Actual Days On Market (D.O.M)

http://youtu.be/hYN1yL1Ag4c Video Dictionary Blog (vlog) by REALTOR® JenKlein - Defines ACTUAL Days on Market (D.O.M)-  Roseville Realtor Jennifer Klein "JenKlein", defines the term Days on Market. There are a few different interpretations which may affect a home seller. So as you're considering the sale of your Roseville or Rocklin home, make sure you refer back to the actual list date. The...

Video Dictionary- Absorption Rate

http://www.youtube.com/watch?v=46jRHM4Zdhs Video Dictionary Blog (vlog) by REALTOR® JenKlein - Defines absorption rate-  Absorption Rate defined by Investopedia "The rate at which available homes are sold in a specific real estate market during a given time period. It is calculated by dividing the total number of available homes by the average number of sales per month. The figure shows how many...

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