What Does HLA Stand for in Real Estate
Investing | Real Estate

What Does HLA Stand for in Real Estate

In terms of real estate, HLA stands for “Heated Living Area.” However, the abbreviation is open to several other interpretations such as: High-level architecture Home location area Housing land availability Human leukocyte antigen and much more Typically, a living area is also referred to as “heated square footage” or “heated living area,” and it’s a…

What Is Assemblage in Real Estate?
Investing | Real Estate

What Is Assemblage in Real Estate?

Assemblage is a unique development strategy that can significantly benefit both the seller and the buyer. The process of combining of two or more lots to form a larger lot is called assemblage in real estate. The parcels that are combined and sold bring in a larger number, in comparison to the parcels sold separately….

What Does TNAS Mean in Real Estate?
Investing | Real Estate

What Does TNAS Mean in Real Estate?

The real estate industry has undergone numerous evolutions to accommodate the diverse needs of the housing market. New concepts and multiple abbreviations have popped up, making it hard for people to recognize and understand what each term refers to. For example, what’s MLS, DOM, pre-qual, and now the elusive TNAS? For the uninitiated, TNAS means…

What Is a Blind Ad in Real Estate?
Investing | Real Estate

What Is a Blind Ad in Real Estate?

Real estate is real property consisting of land and improvements, including structures like buildings and roads. It involves dealing with property and giving customers the right and titles of ownership. Advertisements play a large role in real estate as they help spread the word around regarding real estate and bring in customers. Real estate ads…

What Is a Public Report in Real Estate?
Investing | Real Estate

What Is a Public Report in Real Estate?

The purchase of real estate is among the most important investments most Americans make in their lifetimes. According to ICLG, subdividers must comply with real estate laws when offering new properties for sale and abide by the terms of the agreement at the time of purchase. Therefore, before marketing any new subdivisions in any state,…

What Is R4 Zoning in Real Estate?
Investing | Real Estate

What Is R4 Zoning in Real Estate?

R4 Zoning is a Residential Zone in real estate. It’s often used for apartment complexes, but many other uses are permitted. It’s also sometimes called “Multi-Family”. R4 zoning can be applied to single-family homes and duplexes as well, meaning that it has the potential to greatly increase the density of an area. This type of…

What Is a Fire Sale in Real Estate?
Investing | Real Estate

What Is a Fire Sale in Real Estate?

In June 2021, home sales saw no change in the South, but they rose by 1.4% in the West, Midwest, and Northeast regions. The house types in question included single-family homes, co-ops, and condos. We can safely say that real estate sale prices haven’t reached a point at which buying a property is impossible. The…