MORTGAGE SERIES Amortization & Fixed Year Program Edited by Stephen Lee with CRI Amortization & Fixed Year Program General Overview -Mortgagor : Home buyer(Owner) -Mortgagee : Bank ( Lender) Home buyer(Owner) gives the mortgage to the lender(bank) and the bank(lender) gives the money(loan) How home buyer(Owner) pays back money -Pay the principles and interests...
PROPERTY LAW SERIES Tax Sales and Redemption Edited by Stephen Lee with CRI Tax Sale and Redemption General Overview - In NJ, real estate taxes are payable in four quarterly installments on 2/1, 5/1, 8/1, 11/1 of each year. - Tax sale is on the delinquent tax and not on the property. When Tax sale triggers -If you don’t pay property tax till 8/1, the owner will be advised...
PUBLIC RELATIONSHIP SERIES Social Media Strategies that really works * Excerpted from NJ Realtor, Fall /Edited by Stephen Lee with CRI Opening: * Social Media Algorithm * These algorithms are constantly shifting and deciding in real time which posts, videos and stories to put in front of users. * Filters that match contents to people based on past behavior...
REAL ESTATE BUINESS SERIES Property Management & Law Presented by Stephen Lee with CRI Property Management & Law 1)Objectives of Property Management - To attain the highest possible net return for the property owner. - To protect his capital investment at all times. 2) Specialized Fields (Apartment complex, Retails, Office buildings, Hotels, Shopping centers, Industrial...
NVESTMENT PLAN SERIES How to Save More of Your Home-sale Capital Gains Presented by Stephen Lee with CRI Overview With American house-holds sitting on $34.5T in home equity in the first quarter of 2025, according to Lending Tree. Many of these sellers will face looming capital-gains tax bills. With proper tax planning upfront, it is possible to minimize those taxes or eliminate...
Home Inspecion & Maintenance Series Issues with Bathrooms Presented by Stephen Lee with CRI 1. Electric Outlet (Problems: Outlets are not GFCI – Inspection issue) GFCI (Ground Fault Circuit Interrupter) Outlet GFCI receptacles were required in houses starting 1971. GFCI outlets prevent serious electric shock and reduce the risk of electrical fire by monitoring electrical...
C Land Mini Seminar TRNASACTION SERIES Commercial Properties: Sale & Lease Wednesday 9/17/2025 – Presented by: Stephen Lee 1)Commercial Property Types - Retails : Stripmall - Offices - Warehouses - Hotels/Hospitals/Church/School - Residential(Rental) complex (Multifamily) - Mixed Use (Commercial units + Residential units) 2)...
C Land Mini Seminar TRNASACTION SERIES Realtor Fees after the Settlement Tuesday 8/25/2025 - Presented by: Stephen Lee Excerpted from WSJ/Edited by Stephen Lee with CRI Realtor Fee Structure Change: From August, 2024 The $418 million settlement was reached between the National Association of Realtors and plaintiffs’ attorneys to settle allegations that the system for paying agents kept...
C Land Mini Seminar INVESTMENT SERIES Depreciation Presented Stephen Lee/Jane Choi with CRI Depreciation & Deduction Definition of Depreciation : Loss of value brought about by physical deterioration or Functional or Economic/External obsolescence. Types of depreciation 1) Physical Deterioration 2) Functional Obsolescence 3) Economic/External...
1031 Exchange program IRS Code Section 1031 IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free. Terminology -Relinquished Property -Replacement...