ARCHIVED BLOG POSTS

2011 

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To be enforceable in court, a real estate contract must be in writing and signed by all parties who are bound by the agreement. The Statutes of frauds requires certain contracts be written and signed by parties to be enforceable, including: -Purchase and sale contracts-Option contracts-Lease agre...
06/12/2011
To  appraise real property means to estimate it's value.   Appraising is considered to be an art, not a science, because although the appraisal process involves mathematical calculations, appraisers also use their own judgment when appraising real property.   Active real estate licensees are allo...
06/12/2011
Florida Statutes prohibits referring to a CMA as an appraisal. Appraisals concerning federally related transactions must be prepared by a state-certified or licensed appraiser Real Estate licensees who do conduct actual real estate appraisals are required to comply with the Uniform Standards of P...
06/12/2011
A Federally Related Transaction must be prepared by a state-certified or licensed appraiser. Unless a real estate-related financial transaction has been specifically exempted, Certified or licensed appraiser is not required if the transaction value is $250,000 or less. •The transaction value is t...
06/12/2011
There are many types of value that an appraiser may be hired to estimate; Assessed value - the value used as a basis for property taxation Insurance value - an estimate of the amount of money required to replace a structure Investment value - the price an investor would pay, given the investor's ...
06/12/2011
Certified, Registered Katahdin Hair Sheep For Sale in Bonifay Florida.  For more information and pictures, Contact Captain Wayne Rowlett at 850-547-1333 or email at captwer@yahoo.com.  High Quality Breeding Stock, Katahdin Rams and Ewes and lambs for sale.   Feel Free to check out our Rowlett Rea...
06/12/2011
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The type of value of most importance to real estate licensees is Market Value. The concept of market value or fair market value, as it is sometimes called, is based on a theory that in any open market there will be a number of buyers and sellers. Some will pay too much and some will pay too littl...
06/12/2011
Congratulations to our Destin June 2011 Pre Sales Associate Class.  Everyone passed! Good Luck with your State Exam! This information is courtesy of Rowlett Real Estate School and Captain Wayne Rowlett. Feel free to visit our website at www.rowlettrealestateschool.comand check out our online cour...
06/12/2011
The word Market has many meanings like, farmers market, or stock market but regardless of the difference in form, the basic principle of all market operations is;A market can function only when sellers and buyers interact.  Many markets use intermediaries to facilitate activities between seller a...
06/12/2011
                    Duties of the Federal Reserve 1.Conducting the Nations monetary policy.   Monetary Policy refers to the actions undertaken by the FED to influence the availability and cost of  money  and credit to promote national and economic goals.   2.  Supervising and regulating banking i...
06/12/2011
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Captain Wayne - Rowlett Real Estate School

Rowlett Real Estate School / Owner and Instructor
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