Just for fun to end this resource, here are a collection of real estate jokes, one-liners, and humorous anecdotes! Real Estate One Liners This country is great. It’s the only place where you can borrow money for a down payment, get a 1st and 2nd mortgage and... Acceleration Clause – A part of a loan agreement that allows the lender to demand payment in full immediately if certain things happen (such as borrower default). Example: If a borrower has an acceleration clause in his or her loan documents, they may be called... Your offer has been accepted and the goal is now to get escrow opened and closed. This is not as simple as it seems. Many real estate transactions get to this point but never end up closing. When you talk about a real estate transaction “closing” that means the new... If you have already put in a few offers on real estate, you are ready for this chapter because you have probably received some counter offers from the sellers. Counter offers are responses to offers and are the primary way real estate negotiations take place. Any time... Now that you’ve found a property, or several properties that fit your investment criteria, it’s time to make an offer. Making an offer is not as straightforward as you would think. An offer contains several different terms, all of which affect your overall... “Beware of little expenses; a small leak will sink a great ship.” Benjamin Franklin By now you’ve built your real estate team, learned how to research the area, and learned how to take advantage of the real estate tools and resources available. You are...