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10 Essential Real Estate Investing Terms Every Investor Should Know
Real estate investing can be a lucrative venture, but it comes with its own set of unique terms and jargon. Whether you're a seasoned investor or just starting out, understanding these terms is crucial for effective communication and decision-making in the real estate market. In this article, we will explore 10 essential real estate investing terms that every investor should know to navigate the industry with confidence. 1. Fair Market Value (FMV) Definition: Fair Market Value (FMV) is the estimated price at which a property would sell in an open and competitive market, assuming both the buyer and seller are...
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