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Popular Real Estate Glossary Terms
In connection with a home, the value of the home less the balance of outstanding mortgage loans on the home. ...
Appraisal method that examines current and future economic conditions in a particular location to help in deriving property values ...
Requirement that the deductible must be met for each separate illness or accident before benefits are payable under major medical insurance. ...
The definition of acquisition cost in real estate is the total cost recorded by a company or individual pertinent to the purchasing of a property. This is the entire amount written down in ...
Housing expense plus current debt service payments. ...