Ascientific calculatoris an electronic device designed to perform complex mathematical operations, including trigonometric, logarithmic, and exponential functions. These calculators are more advanced than basic or business calculators, which typically only handle simple arithmetic like addition, subtraction, mult...
A real estate purchase agreement is a necessary document used to clarify the terms of the property transfer from the seller to the buyer. As with any contract, it is important to read and understand the contents before signing. If you have questions about your real estate purchase agreement or...
A real estate lawyer can help prepare and review documents for your home sale, including the contract and title.
Independent contractors and others who receive income from sources other than an employer can expect to receive a 1099 instead of a W-2. So, what is a 1099, and how do you use it to file your taxes? Here's everything you need to know about Form 1099, inc
Your privacy is guaranteed. Find advanced calculator options here.How does an immediate annuity work?In return for your lump sum, the insurance company promises to make regular payments to you (or to a payee you specify) for the chosen length of time – most commonly for the remainder of yo...
A property manager is a real estate professional who oversees the daily operations of a rental property on behalf of the owner. Property managers are responsible for rent collection, maintenance and repairs, tenant screening, lease agreements, and other daily tasks. What Do Property Managers Do?
Net operating income (NOI) is a real estate term representing a property’s gross operating income, minus its operating expenses. Calculated annually, it is useful for estimating the revenue potential of an investment property. NOI is not affected by how
A reverse mortgage is a loan that exchanges home equity for cash. Using a reverse mortgage, a homeowner borrows money based on the amount of equity they currently have and pays that amount back once the home is eventually sold. It’s called a “reverse” mortgage because it eats into you...
What Is a Loan? The term loan refers to a type of credit vehicle in which a sum of money is lent to another party in exchange for future repayment of the value orprincipalamount. In many cases, the lender also adds interest or finance charges to the principal value, which the borrower...
The income approach is a real estate appraisal method that allows investors to estimate the value of a property based on the income it generates.