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Popular Real Estate Questions

Popular Real Estate Glossary Terms

People say time is money. The old-age cliche applies more than ever in our case as we define what the Time Value of Money (TVM) means.  You’ll find the term time value for money ...

Coverage against only two perils, fire and lightning. The amount of coverage is per acre of standing timber for either merchantable trees (living trees with no decay, and minimum diameter), ...

Also called purchase money mortgage. A seller's claim to property held by a buyer as collateral for a debt or charge. ...

Land that has poor income potential, usually used in an agricultural sense meaning that the land is untellable, has poor access, is extremely steep, has suffered serious erosion, is ...

This situation applied in some states when death prevents the seller of property, who has signed a real estate sale agreement, from completing the sale. In this situation , equitable ...