Real Estate Economics

Land is the physical space within which economic activity takes place. In classical political economy (the predecessor to modem economics), land was understood to be one of the three factors of production, along with capital and labour. Throughout most of economic history the primary function of land was for agricultural production. But since the birth […]

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Joint Ventures

Joint Ventures or JVs are agreements formed by two or more parties with the intent of achieving a specific objective; the objective in our discussions would be that of investment in real estate development. Unlike JVs in many other businesses, in real estate the JVs are usually terminated when the objective is achieved. Even there […]

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Real Estate Financing: Notes and Mortgages

Real Estate Financing: Notes and Mortgages Financing can be a very important component of investing in real estate. In general, when investors desire to obtain financing, they usually pledge, or hypothecate, their ownership of real estate as a condition for obtaining loans. In many cases, investors also pledge personal property to obtain loans. What follows […]

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Mortgage Default – What is it?

One of the most important risks in making a mortgage loan is that the borrower will default on the note in some way, so that the lender may not receive the expected mortgage payments. The risk associated with mortgage loans depends in part on the rights of the lender if and when such default occurs. […]

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