There are 4 names in this directory beginning with the letter E.
Equity
The value of ownership built up in a home or property that represents the current market value of the house less any remaining mortgage balance. This value can build up over time as the property owner pays off the mortgage and the market value of the property appreciates.
Escrow Agent
An entity that has fiduciary responsibilities in the transfer of property from one party to another. The escrow agent will prepare closing documents and examine documents to make sure that the terms of the sale are met on each end, serving both the buyer and seller in the transaction.
Estimated Total Cash Return
Is the sum of your estimated (i) annual net operating cash flows over 5 years plus (ii) property net sale proceeds minus your initial investment and outstanding loan balance.
Estimated Total Gain
Is the cumulative sum of your estimated (i) annual net operating cash flows, (ii) property appreciation, and (iii) equity balance increase (excluding your initial investment) at a point in time. Unlike the Estimated Total Cash Return, Total Gain does not assume asset disposition and is only representative of potential gain during the holding period.