Real estate glossary

108 terms from buying, selling, lending, investing, leasing and closing — each one explained in plain English, with what it actually changes for you.

Looking for a number rather than a definition? Every term links through to the calculator that uses it.

108 terms

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1% ruleInvestingA screening heuristic that monthly rent should be roughly one percent of purchase price.
1031 exchangeInvestingA tax provision allowing capital gains deferral when investment property is exchanged for other like-kind investment property.
50% ruleInvestingA rough assumption that operating expenses will consume about half of gross rent, excluding the mortgage.

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Interest rate (note rate)Mortgage & lendingThe percentage charged on your loan balance, the number your principal and interest payment is calculated from.

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A definition tells you what a term means. A conversation tells you what it means for your file, your property, or your timeline.

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Loan information is provided by Ondo Real Estate (NMLS ID on file). This is not a commitment to lend, a loan approval, or an offer of credit. Rates, terms, and payments shown are estimates for illustration only, are not a quote, and are subject to credit approval, underwriting, and market conditions. You are not required to use Ondo for financing to buy or sell with Ondo. Equal Housing Lender. Program rules, fees, and county loan limits change. Confirm the current published schedule and lender overlays. Nothing here is a quote, a lock, or a credit decision. Licensing and disclosures

Real estate glossary

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Real estate glossary

Filter by category

#

A

C

D

E

F

G

H

I

J

L

M

N

O

P

R

S

T

U

V

Still not sure how it applies to you?