Realtor info:
Lenny Gerthoffer: Broker/Owner
(805) 884-0040
1029 State Street
Santa Barbara, CA 93101
Links:
HVAC
A word formed for heating, ventilating and air conditioning
Income capitalization value
The suggestion of market value acquired for an income-producing property by converting its guessed benefits into property worth through direct capitalization of likely income or by discounting the yearly cash flows for the holding period at a certain yield rate
Improvements
In the context of leasing, the term usually refers to the repairs made to or inside a real estate property but may contian any fixed structure or additional development, like a street, sidewalk, utilities, etc.
Holdbacks
A portion of a loan commitment that's not supported until an additional specification is met, for example completion of development
Incentive fee
Refers to fee structures where the size of the fee that is billed is expressed by the efficiency of the real estate means under management