Expected Expenses

Definition of "Expected expenses"

Anticipated insurance-related costs, not including claims-related costs.

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Related Real Estate Glossary terms

Statistics

Collection of numbers to record and analyze data such as occurrences of events and particular charac ...

Minimum Down Payment

The minimum allowable ratio of down payment to sale price on any loan program. If the minimum is 1 ...

Discount Loan

A loan in which the entire charge is subtracted up front from the face value of a loan. The proceed ...

Fungible

Goods that are freely substitutable. It is goods of a given class or type, any unit of which is as a ...

Fee Simple

The largest, most complete bundle of rights one can hold in property. The owner may dispose of the p ...

Specific Excess Contract

Policy in which an insurer agrees to pay property or liability losses in excess of a specific amount ...

Related Real Estate FAQ

What Is A Buydown?

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate be ...

What Is A Conventional Mortgage?

A conventional mortgage is a mortgage made by banks and other lending institutions that is not insur ...

What Is A Lien?

A lien is a claim against a property. ...

What Is An Appraised Value?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the ...

What Is An Assessed Value?

The public tax assessor value of a property as determined for the purpose of taxation. ...

Who Is A Subagent?

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

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What do I need to know about Homeowners Insurance? What is a broker? What does Travel Insurance Typically Cover? What type of Life Insurance is right for me? What is a mortgage insurance premium (MIP)?