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Friday, May 10, 2024

Real estate

Real estate is considered real property that includes land and anything permanently attached to it or built on it, whether natural or man-made. There are five main categories of real estate which include residential, commercial, industrial, raw land, and special use. Investing in real estate includes purchasing a home, rental property, or land. Indirect investment in real estate can be made via REITs or through pooled real estate investment.

A mortgage

A mortgage is a loan used to purchase or maintain real estate, where the property serves as collateral. KEY TAKEAWAYS Mortgages are loans us...