Real estate includes land, properties, buildings, and natural resources. It comprises residential (homes, apartments), commercial (offices, retail spaces), industrial (warehouses, factories), and vacant land.

Property value is influenced by factors like location, size, condition, amenities, market demand, and recent sales of comparable properties. Appraisers assess these factors to determine a property's value.

Real estate agents assist buyers, sellers, landlords, and tenants in property transactions. They offer market insights, negotiate deals, handle paperwork, and guide clients through the buying, selling, or renting process.

A mortgage is a loan used to purchase real estate. The property itself serves as collateral, and borrowers repay the loan amount plus interest over an agreed-upon period.

Property taxes are determined based on the assessed value of the property and local tax rates. They fund public services and are typically calculated annually by municipal governments.

A home inspection is crucial before purchasing a property. It involves a professional inspector assessing the condition of the property, identifying potential issues, and providing an evaluation report to the buyer.

A home inspection is crucial before purchasing a property. It involves a professional inspector assessing the condition of the property, identifying potential issues, and providing an evaluation report to the buyer.