Accrual Interest

Description of an area that is located at the outskirts of a city composed primarily of residential units. The city frequently provides employment, cultural activities, and other support ...

Person or business susceptible to loss on an investment, such as a high-risk speculation ...

Any commercially fabricated and widely available product designed for household and personal use. Consumer goods are available in an open market place and are competitively priced. ...

Insurance coverage to pay the balance of the mortgage if the wage earner dies. ...

Home inspector is the name the real estate industry calls the professional responsible for the close and thorough examination of a property. The home inspector usually is called upon ...

Structure of prefabricated units. ...

Alleged to be real or genuine. What appears to be such as a real estate agent's seeming authority to act on behalf of a principal. However, the agent may not in fact have real ...

Cancellation of a contract such as when a real estate agreement is deemed illegal. ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...

A gated community is a community of homes where you must pass through a security gate in order to enter the community. ...

Wondering what is the difference between a condominium and an apartment? Well, differently from the difference between an apartment and a flat, this one is not so much related to word ...

What is a vlog? A video blog (shortened vlog) is a type of blog in which the message is spoken, not written, and the medium is video. It is a form of web television made popular by ...

Wondering how to stop a lien on your property? Well, there is one pre-emptive measure of including in your bilateral contract that failing to comply with whatever obligations the ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

A basic policy is a homeowners insurance policy that covers certain perils. ...