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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Amount of loss that insured pays in a claim; includes the following types: Absolute dollar amount. Amount the insured must pay before the company will pay, up to the limits of the policy. ...

Appraisal concept stating the value a particular improvement contributes to the overall value of a property irrespective of its actual cost. ...

Same as term financial statement : Report containing financial information about a business or individual. The required financial statements for a real estate company are balance sheet, ...

Procedure in which investment income is paired with each life insurance policy according to the time frame in which the premiums for that particular policy are received. ...

Under a FHA-insured mortgage, both the property and the borrower must meet certain minimum standards. The borrower is charged an insurance fee of one-half percent on the unpaid balance and ...