Real Estate Definitions "I"
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Inspection
To review the condition of the property
Interest Rate
A rate which is charged or paid for the use of money. An interest rate is often expressed as an annual percentage of the principal. It is calculated by dividing the amount of interest by the amount of principal.
Intermediary
An intermediary is a person that is involved as a third party between two or more end points in a communication or transaction.
Investment Property
A property that is not occupied by the owner, usually purchased specifically to generate profit through rental income and/or capital gains. opposite of non-investment property.
Investor
An individual who commits money to investment products with the expectation of financial return.
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