d Flashcards
com·pen·di·ous
containing or presenting the essential facts of something in a comprehensive but concise way.
“a compendious study”
Similar:
succinct
pithy
short and to the point
short and sweet
compact
concise
condensed
shortened
contracted
compressed
abridged
abbreviated
summarized
summary
abstracted
in a nutshell
in a few well-chosen words
im·per·a·tive
imperative
adjective: imperative
1. of vital importance; crucial. "immediate action was imperative" Similar: vitally important of vital importance all-important vital crucial critical essential of the essence a matter of life and death of great consequence necessary indispensable exigent pressing urgent required compulsory mandatory obligatory Opposite: unimportant optional
sanc·ti·ty
sanctity
noun
noun: sanctity; plural noun: sanctities
the state or quality of being holy, sacred, or saintly. "the site of the tomb was a place of sanctity for the ancient Egyptians" Similar: holiness godliness sacredness blessedness saintliness spirituality piety piousness devoutness devotion righteousness goodness virtue virtuousness purity Opposite: wickedness
in·cum·bent
incumbent
adjective: incumbent
1. necessary for (someone) as a duty or responsibility. "it is incumbent on all decent people to concentrate on destroying this evil" Similar: binding obligatory mandatory necessary compulsory required requisite essential imperative Opposite: optional
2.
(of an official or regime) currently holding office.
“an annual event at which the incumbent president traditionally delivers a speech poking fun at himself”
Similar:
current
existing
present
in office
in power
reigning
Opposite:
past
future
for·mi·da·ble
formidable
inspiring fear or respect through being impressively large, powerful, intense, or capable.
“a formidable opponent”
I am a formidable adversary, perpetually strategizing my every move and enhancing my cognitive abilities.
Similar:
intimidating, forbidding, redoubtable,daunting alarming
frightening
terrifying
petrifying
horrifying
chilling
disturbing
dreadful
brooding
awesome
fearsome
ominous
foreboding
sinister
menacing
mean-looking
threatening
dangerous
spooky
scary
onerous
arduous
taxing
difficult
hard
heavy
laborious
burdensome
strenuous
vigorous
back-breaking
stiff
uphill
relentless
Herculean
monumental
colossal
demanding
trying
tough
challenging
exacting
overwhelming
exhausting
wearying
fatiguing
tiring
punishing
grueling
grinding
killing
no picnic
knackering
toilsome
exigent
capable
able
proficient
adept
adroit
accomplished
impressive
strong
powerful
mighty
terrific
tremendous
great
indomitable
invincible
seasoned
skillful
skilled
gifted
talented
masterly
virtuoso
expert
knowledgeable
qualified
Opposite:
pleasant-looking
comforting
easy
weak
per·spi·ca·cious
perspicacious
adjective
adjective: perspicacious
having a ready insight into and understanding of things. "it offers quite a few facts to the perspicacious reporter" Similar: discerning shrewd perceptive astute penetrating observant percipient sharp-witted sharp quick quick-witted keen-witted alert clear-sighted sharp-sighted clear-eyed far-sighted far-seeing acute clever canny intelligent insightful judicious wise sensitive intuitive understanding open-eyed aware thinking discriminating on the ball smart downy suss heads-up sapient long-headed Opposite: inattentive dull stupid
ˌin-di-ˌfa-ti-gə-ˈbi-lə-tē
Definitions of indefatigability. tireless determination. synonyms: indefatigableness, tirelessness. type of: determination, purpose. the quality of being determined to do or achieve something; firmness of purpose.
: incapable of being fatigued : untiring
an indefatigable worker
indefatigability
ˌin-di-ˌfa-ti-gə-ˈbi-lə-tē
noun
indefatigableness
ˌin-di-ˈfa-ti-gə-bəl-nəs
noun
indefatigably
ˌin-di-ˈfa-ti-gə-blē
fath·om
understand (a difficult problem or an enigmatic person) after much thought.
“he couldn’t fathom why she was being so anxious”
Similar:
understand
comprehend
work out
fathom out
make sense of
grasp
catch
follow
perceive
make out
penetrate
divine
search out
noun
noun: lament; plural noun: laments
lament
noun
noun: lament; plural noun: laments
a passionate expression of grief or sorrow. "his mother's night-long laments for his father" Similar: wail wailing lamentation moan moaning groan weeping crying sob sobbing keening howl complaint
im·per·vi·ous
/imˈpərvēəs/
adjective
adjective: impervious
not allowing fluid to pass through. "an impervious layer of basaltic clay"
There exists a version of yourself who never neglects sleep or training, nor wastes any time. This version of you is impervious to failure and eagerly awaits your arrival.
not allowing fluid to pass through.
“an impervious layer of basaltic clay”
Similar: impermeable impenetrable impregnable waterproof watertight water-resistant water-repellent sealed hermetically sealed imperviable
adversary
[ ad-ver-ser-ee ]
noun,plural ad·ver·sar·ies.
a person, group, or force that opposes or attacks; opponent; enemy; foe. a person, group, etc., that is an opponent in a contest; contestant.
I am a formidable (adversary), perpetually strategizing my every move and enhancing my cognitive abilities.
I am a formidable (opponent), constantly devising strategies and augmenting my cognitive faculties.
Aug·ment
verb
gerund or present participle: augmenting
/ôɡˈment/
make (something) greater by adding to it; increase. "he augmented his summer income by painting houses" h Similar: increase make larger make bigger make greater add to supplement build up enlarge expand extend raise multiply elevate swell inflate magnify intensify amplify heighten escalate worsen
make (something) greater by adding to it; increase.
“he augmented his summer income by painting houses”
He would have to find new work eventually to augment his income.
He would eventually need to seek alternative employment in order to supplement his income.
Similar: increase make larger make bigger make greater add to supplement build up enlarge expand extend raise multiply elevate swell inflate magnify intensify amplify heighten escalate worsen
in·dem·ni·fy
/inˈdemnəˌfī/
Learn to pronounce
i
indemnify
in·dem·ni·fy
/inˈdemnəˌfī/
indemnify
compensate (someone) for harm or loss. "the amount of insurance that may be carried to indemnify the owner in the event of a loss"
To indemnify, also known as indemnity or indemnification, means compensating a person for damages or losses they have incurred or will incur related to a specified accident, incident, or event
compensate
recompense
repay
pay back
remunerate
covenant
What is the synonym of covenant?
(noun) in the sense of promise. Synonyms. promise. agreement. arrangement.
What is the modern meaning of covenant?
In its broadest sense, a covenant is a promise, agreement, or contract between two parties. As part of the covenant, the two parties agree that certain activities will or will not be carried out.
Implied
What does implied that mean?
hinted at or suggested; not directly expressed.
mortgagor
A mortgagor is that who borrows money from a lender in order to purchase a home or other piece of real estate. Mortgagors can obtain mortgage loans with varying terms based on their credit profile and collateral. In a mortgage loan the mortgagor must pledge the title to the real property as collateral for the loan.
The mortgagor will make payments (including interest) and pay taxes. This is also called a “personal covenant”. It is a promise by the borrower to pay the mortgage as agreed to in the mortgage documents. The borrower also agrees to pay the property taxes.
*The mortgagor has the legal right to give the mortgage. The borrower has the authority to give the property to the lender as security for the loan
What Is a Mortgagee?
A mortgagee is a lender: specifically, an entity that lends money to a borrower for the purpose of purchasing real estate. In a mortgage transaction, the lender serves as the mortgagee and the borrower is known as the mortgagor.
What is the meaning of for postponement?
a delay to an event because someone plans or decides that it should happen at a later date or time: We were disappointed by yet another postponement of our trip.
Equity
Equity is the difference between the market value of your home and the amount you owe the lender who holds the mortgage. Put simply, it’s the amount of money you’d receive after paying off the mortgage if you were to sell the home.
Here’s a simplified example: Say the fair market value of your home is $200,000 and you owe $150,000 on the mortgage. Your equity is, therefore, $50,000, assuming you sell the property for fair market value.
Key Takeaways
In real estate, your equity in your property is the amount that you own, or what you would get after paying off your mortgage after selling.
You can build equity by making a larger down payment, paying off your mortgage more quickly, and improving the house to increase its value.
You can lose equity by increasing your loan amount, reducing the value of the house through disrepair or damage, or being exposed to unfavorable market changes.
Building equity allows you to see more of a return on your investment when it’s time to sell your house.
How Does Home Equity Work?
Home equity is your ownership of the house. To calculate your equity, take the home’s current value (what it would fetch in the real estate market) and subtract any liens (such as what you owe on the mortgage). What’s left over is your equity. It’s what you would clear if you were to sell the home and repay your lender. And if you have a second mortgage, that counts against your equity, too. If your home is fully paid off, your equity would be the full value of the home—you’d have 100% ownership.
Note
Your equity in the home is not the same as what you might clear from its sale, because you’ll need to pay for the costs associated with selling it.
Selling a home doesn’t come for free. So, even if your equity stake is $50,000, as in the example above, it’s unlikely that you’d actually pocket that whole $50,000 once all is said and done.
What would you take home? That would be your equity minus the costs of selling the property. These costs might include your agent’s commissions (usually around 5% to 6% of your sales price), unpaid property taxes, and any closing costs not paid by the buyer.1
If your home sells for $200,000, and your mortgage on the home is $150,000, your equity is $50,000—but you might owe a commission of $12,000 to your realtor. Your other closing costs, such as escrow fees, title charges, and tax prorations, add another estimated $3,000 in seller-paid costs. Your net equity is then reduced to $35,000: $50,000 minus the additional $15,000 in expenses.
How Is Home Equity Built?
As a homeowner, you can build home equity in two key ways: by increasing your home’s value or by reducing the amount you owe on the property. Here’s how to do it.2
Make Your Monthly Mortgage Payments
Every mortgage payment goes toward reducing your debt and increasing your equity. Adding in an extra payment or two per year can help, too.
Improve Your House
Upgrading your home and making smart improvements can also increase its value and therefore your equity stake. For example, you might spend $50,000 on remodeling your kitchen, which might increase the market value of the home by $30,000—assuming that you didn’t take out a home equity loan to pay for the new kitchen.
Make a Larger Down Payment
The more you put down, the smaller your loan balance will be—meaning more home equity. You can experiment with the effect by using our mortgage calculator.
Calculate Your Monthly Payment
Sometimes, homes increase in value due to external factors, such as local market demand or growth in the community. When that happens, it also increases a homeowner’s equity stake in their property.
Note
To see whether your home has increased in value due to outside influences, look at comparable sales in your neighborhood. If homes in your area are now selling for more, that means your home would likely sell for more, too.
As an example, you might have bought your home two years ago for $100,000 with a 20% down payment. If similar homes are now selling for $120,000, your equity in the home will have increased by $20,000 due to that rise.
How Do You Lose Equity?
You can also see your home equity fall. A decrease in local home values is one way it can happen. It can occur due to economic conditions in the area, changes to the neighborhood, deterioration or aging of homes in your area, and more. Basically, if homes are selling for less in your area, then your equity will fall as a result.
Here are some other ways you can lose equity:
Increasing your loan amount (or the number of loans on your home): If you refinance your mortgage or take out a second mortgage or home equity loan, you'll most likely decrease your equity, too. Letting your home fall into disrepair: As your home’s condition declines, so does its value—and the equity you have in it. Market changes: Overall changes in your local real estate market and economy can also impact your home’s value and your equity.3
If you’re worried that you may be losing the equity in your home, you might want to talk to a local real estate agent. They can pull local comparable sales to gauge your home’s fair market value and make recommendations for how you should move forward.
The Bottom Line
Equity is a powerful thing. Build more of it, and see a higher return on your investment when it’s time to sell. Allow your home to lose equity, and you might lose money once you offload your property.
The moral of the story? If you own a home, keep tabs on your equity and where you stand. Take action early if you see things heading in the wrong direction, as that could help you prevent financial loss when you’re ready to sell.
Frequently Asked Questions (FAQs)
What is “sweat equity” in real estate?
“Sweat equity” isn’t a special type of equity. The term is just another way to refer to building equity in your home through improvements. Typically, these are improvements you do yourself, hence the “sweat.” For example, if you put in the time and energy to remodel the kitchen, then that “sweat equity” could increase the value of your home.
What is a “gift of equity” in real estate?
Synonyms of subsequently
later. afterwards. thereafter. afterward. after. soon. then.
Her work had a great influence on subsequent generations. Subsequent studies confirmed their findings. The rate of population growth reached a peak in 1999 and declined in subsequent years. And nothing in the subsequent week seems to have changed that
What is real estate facade?
What is real estate facade?
The facade is the most visible and public-facing aspect of a building, and it can play an important role in defining the overall aesthetic and style of the structure. In some cases, a building’s facade may be protected by laws or regulations, such as those related to historic preservation.
vol·a·tile
/ˈvälədl/
Learn to pronounce
adjective
adjective: volatile
(of a substance) easily evaporated at normal temperatures.
“volatile solvents such as petroleum ether, hexane, and benzene”
Similar: evaporative vaporous vaporescent explosive eruptive inflammable unstable labile
pru·dent
/ˈpro͞odnt/
adjective
adjective: prudent
pru·dent
/ˈpro͞odnt/
adjective: prudent
acting with or showing care and thought for the future.
“no prudent money manager would authorize a loan without first knowing its purpose”
Similar: wise well judged judicious sagacious sage shrewd advisable well advised politic sensible commonsensical cautious careful canny chary wary circumspect far-sighted forearmed forehanded forethoughtful thrifty provident economical sparing frugal abstemious scrimping
e·mit
/əˈmit/
verb
verb: emit; 3rd person present: emits; past tense: emitted; past participle: emitted; gerund or present participle: emitting
Emit means to release or discharge something, such as gas, liquid, heat, sound, light, or radiation. The process of emitting is called emission. Emission can also refer to something that has been emitted.
e·mit
/əˈmit/
verb
verb: emit; 3rd person present: emits; past tense: emitted; past participle: emitted; gerund or present participle: emitting
produce and discharge (something, especially gas or radiation). "coal-fired power stations continue to emit large quantities of sulfur dioxide" Similar: discharge release give out/off pour out send forth throw out void effuse vent give vent to issue leak ooze shed excrete disgorge secrete eject spout belch spew out emanate radiate exhale ejaculate exude eruct h
Inferior
: of little or less importance, value, or merit. always felt inferior to his older brother. 2. a. : of low or lower degree or rank.
in·fe·ri·or
/inˈfirēər/
adjective
adjective: inferior
1. lower in rank, status, or quality. "schooling in inner-city areas was inferior to that in the rest of the country" Similar: lower in status lesser second-class second-fiddle minor subservient lowly humble menial not very important not so important below someone beneath someone under someone's heel lower-ranking lower in rank subordinate junior secondary subsidiary ancillary h
Superior
su·pe·ri·or
/səˈpirēər/
adjective
adjective: superior
1. higher in rank, status, or quality. "a superior officer" h Similar: higher-ranking
higher-level
senior
higher
higher-up
upper-level
Regression Real Estate
What is property regression?
On the other hand, the price of a high-end house can also decrease in value when it is situated close to lower-value homes. This is known as the principle of regression. In the principle of regression, the lower-valued houses will decrease the value of the high-end home.
The principle of regression states that the value of a more expensive property will decrease when less expensive properties come into the area. Thus, if your home is worth $500,00 and it is surrounded by $100,000 homes, the value of your property will go down.
volatile
“He’s a really volatile guy and I’m kinda scared by it.”
“I had some very volatile neighbors who liked to fight late, late at night.”
“my boss has a volatile temper”
“Prices on last minute airfare can be highly volatile so try to book in advance.”
vol·a·tile
adjective: volatile
1.
(of a substance) easily evaporated at normal temperatures.
“volatile solvents such as petroleum ether, hexane, and benzene”
Similar: evaporative vaporous vaporescent explosive eruptive inflammable unstable labile
prudent
Opposite:
unwise
imprudent
incautious
extravagant
pru·dent
adjective: prudent
acting with or showing care and thought for the future. "no prudent money manager would authorize a loan without first knowing its purpose" h Similar: wise well judged judicious sagacious sage shrewd advisable well advised politic sensible commonsensical cautious careful canny chary wary circumspect far-sighted forearmed forehanded forethoughtful thrifty provident economical sparing frugal abstemious scrimping h
Examples of ‘emit’ in a sentence
Blue light emitted from phones will keep you awake. ... The move was intended to reduce greenhouse gases, but although diesels produce less carbon dioxide they emit nitrogen dioxide. This little device emits a clicking noise which becomes quieter the more she relaxes.
e·mit
verb: emit; 3rd person present: emits; past tense: emitted; past participle: emitted; gerund or present participle: emitting
produce and discharge (something, especially gas or radiation). "coal-fired power stations continue to emit large quantities of sulfur dioxide" Similar: discharge release give out/off pour out send forth throw out void effuse vent give vent to issue leak ooze
-
inhibit/hold back
in·hib·it
Opposite:
assist
encourage
allow
1.
in·hib·it
/inˈhibət/
verb
verb: inhibit; 3rd person present: inhibits; past tense: inhibited; past participle: inhibited; gerund or present participle: inhibiting
1. hinder, restrain, or prevent (an action or process). "cold inhibits plant growth" h Similar: impede hinder hamper hold back discourage interfere with obstruct put a brake on slow slow down retard curb check suppress repress restrict restrain constrain bridle rein in shackle fetter cramp balk frustrate arrest stifle smother prevent block thwart foil quash stop halt put an end/stop to nip in the bud
When it comes to memory and supplements there’s a wide range of choices, but do your research before taking any supplement for memory because many of the claims made are unsubstantiated.
un·sub·stan·ti·at·ed
/ˌənsəbˈstan(t)SHēˌādəd/
Learn to pronounce
adjective
adjective: unsubstantiated
not supported or proven by evidence. "unsubstantiated claims" Similar: unconfirmed unsupported uncorroborated not backed up by evidence unverified unattested unproven not validated untested unfounded ill-founded groundless baseless without basis without foundation unjustified
impede/slow down
What is the meaning of impeding?
verb (used with object)
, im·ped·ed, im·ped·ing. to retard in movement or progress by means of obstacles or hindrances; obstruct; hinder.
impede
verb
gerund or present participle: impeding
delay or prevent (someone or something) by obstructing them; hinder.
Similar
hinder
obstruct
hamper
handicap
hold back
hold up
delay
interfere with
disrupt
retard
slow
slow down
brake
put a brake on
induce/influence/persuade
in·duce
verb: induce; 3rd person present: induces; past tense: induced; past participle: induced; gerund or present participle: inducing
1. succeed in persuading or influencing (someone) to do something. "the pickets induced many workers to stay away" h Similar: persuade convince prevail upon get make prompt move inspire instigate influence exert influence on press urge incite encourage impel actuate motivate coax into wheedle into cajole into talk into prod into procure twist someone's arm h
lawful - legal
unlawful - illegal
law·ful
/
adjective
adjective: lawful
conforming to, permitted by, or recognized by law or rules. "it is an offense to carry a weapon in public without lawful authority" Similar: legitimate legal licit just permissible permitted allowable allowed rightful proper constitutional legalized sanctioned authorized warranted justified justifiable approved recognized admissible above board within the law going by the rules legit kosher by the book law-abiding righteous honorable good decent solid virtuous moral ethical orderly well behaved peacekeeping peaceful civilized dutiful duteous obedient compliant complying disciplined h
mere1
/mir/
adjective
adjective: mere; superlative adjective: merest
that is solely or no more or better than what is specified. "questions that cannot be answered by mere mortals" Similar: bare minimal no more than just only the smallest or slightest. "the merest hint of makeup"
A mere posting is an arrangement where the seller’s brokerage lists the property on a local listing service, but provides no other services. A mere posting is often done through a limited service agreement. The seller is selling their own home but have used a brokerage to post their property to the local listing system. In these cases as the buyer’s salesperson, you will need to contact the brokerage to know the extent of services being provided and set up a viewing. In many cases, you will have to contact the seller directly to arrange viewings, negotiate remuneration, and present offers directly to the seller.
, re·voked, re·vok·ing. to take back or withdraw; annul, cancel, or reverse; rescind or repeal: to revoke a decree. Synonyms: countermand, nullify, recall, retract. to bring or summon back.
, re·voked, re·vok·ing. to take back or withdraw; annul, cancel, or reverse; rescind or repeal: to revoke a decree. Synonyms: countermand, nullify, recall, retract. to bring or summon back.
sub·se·quent·ly
adverb
adverb: subsequently
after a particular thing has happened; afterward. "Mel's offhand remark subsequently became their rallying cry" Similar: later later on at a later date at a subsequent time afterwards in due course following this/that eventually then next by and by after a bit thereafter thereupon h
Subsequently means “afterward”: You might be bummed if you bought a book for a friend and subsequently discovered that she’d already read it. Subsequently derives from a Latin verb meaning “to follow.” We use subsequently to describe something in time that follows something else.
Fiduciary
Law
adjective: fiduciary
involving trust, especially with regard to the relationship between a trustee and a beneficiary.
"the company has a fiduciary duty to shareholders"
archaic
held or given in trust.
Any person who has an obligation to act in the best interest of another person or persons is considered a fiduciary. A fiduciary can be a lawyer representing a client, a trustee and a beneficiary, a corporate board and shareholders, and even employees and a company.
u·ni·lat·er·al
/ˌyo͞onəˈladərəl,ˌyo͞onəˈlatrəl/
Learn to pronounce
adjective
adjective: unilateral
1. (of an action or decision) performed by or affecting only one person, group, or country involved in a particular situation, without the agreement of another or the others. "unilateral nuclear disarmament" 2. relating to, occurring on, or affecting only one side of an organ or structure, or of the body. "unilateral cerebral lesions"
Listing agreements are unilateral contracts because the property owner makes the contract with the broker to find a buyer. A unilateral contract comprises one party paying another party to perform some certain task. As a result, listing agreement is the appropriate answer.
Meaning of impartially
adverb. in a way that is not partial, prejudiced, or biased; fairly; justly: We take these matters seriously and aim to resolve all complaints quickly and impartially.
What does impartially mean?
: not partial or biased : treating or affecting all equally.
