Empty Nesters

Empty Nesters – David Reecher Empty nesters are people who are searching for a smaller place to live. They are called empty nesters because they are older couples who have raised their children ... Read More

Eminent Domain

Eminent Domain – David Reecher Eminent domain is the government’s right to seize private land in order to use it for public purposes like roads, trains, and public utilities. Just compensa... Read More

Effective Age

Effective Age – David Reecher The effective age of a building is the estimated age based on condition instead of actual age. A building in good maintenance will have a lower effective than chron... Read More

Easement

Easement – David Reecher An easement is a legal agreement to give a certain part of a property to a third party for a specified purpose. Often, an easement can be given by a landowner to someone... Read More

Earthquake Insurance

Earthquake Insurance – David Reecher Earthquake insurance is a form of contingency coverage that provides property owners with a measure of security in the event a natural disaster strikes. Usua... Read More

Earnest Money

Earnest Money – David Reecher Earnest money is the money a potential buyer puts down to show that he or she is serious about making an offer on any potential real estate sale. This money, which ... Read More

Early Occupancy

Early Occupancy – David Reecher Early occupancy is a term that is used to describe when a seller of a home allows the buyer to move into that home before the actual sale is closed. This type of ... Read More