Accusation

Lender's written assurance that the borrower has fully paid the obligation. The borrower may then show this instrument to interested parties. ...

Agreement in which some terms are yet to be carried out. The contract is still not fully completed. ...

Real estate sales contract where possession and use is provided to the buyer, but the deed is kept by the seller until the full purchase price is met whereupon the title is placed in the ...

Percentage of a commission paid by a salesperson to a supervisor in an organization. For example, a real estate salesperson must pay a 25% override to the real estate broker for all ...

Legal responsibility dictated by some jurisdictions when an individual's activities are deemed incompatible with public policy, regardless of whether the action was intentional or negligent. ...

Accelerated depreciation method in which the amounts recognized in the early years of the property's useful life are greater than those recognized in the later years. The SYD is found by ...

Expenditure paid to occupy property over a specified time period. ...

Individual who creates property improvements by making homes, shopping centers, and other commercial buildings for a profit on an area of land. The developer organizes and plans the ...

A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included in your loan documentation. ...

From the beginning, basements were not built to provide living space but a place to hide plumbing, wires and water boilers. Home buyers are always interested in the gross living area of a ...

Are you wondering how to speed things up with your mortgage payment? Thinking how to build equity to your home”? Well, by paying off your mortgage. The more you do, the more ...

Yes, you can use two realtors® to sell your house. Actually, more than two. You can use how many you’d like. It’s what is called an Open Listing. In it, the home seller ...

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

Since real estate is one of the most valuable assets on Earth, architects and builders have to comply with a number of building codes, depending on the size and destination of their ...

Wondering how big is an acre?It is common to hear people say that it's almost the size of a football field without both end zones. But sometimes *almost* is not enough and you need to know ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...