Annuity Factor

Definition of "Annuity factor"

Factor used to determine the equal periodic payment associated with a real estate transaction.

Have a question or comment? We're here to help.

Search Real Estate Terms

Popular Real Estate Terms

Inwood Annuity Factor

Method used by appraisers and investors to evaluate a level of payment income stream for a fixed period of years predicated on a specific interest rat ...

Industrial Park

Usually a fairly large site zoned and planned for the purpose of industrial development and located outside the main residential area of a city. Indus ...

Sunspace

Room in a building used to collect solar heat. To provide for such collection, a room is generally constructed with a glass roof and walls. ...

Direction Of Least Resistance

Tendency to go to the party or situation of the lowest level of opposition. ...

Row House

Single-family dwelling attached to other units by common walls. ...

Cleaning Deposit

Nonrefundable fee to pay for the painting and cleaning of an apartment or office unit after a tenant vacates the premises. ...

Popular Real Estate FAQ

What Is The Difference Between Being Prequalified And Preapproved For A Loan?

The difference between being prequalified and preapproved is simple: If you\'re prequalified it means that you POTENTIALLY could get a loan for the ...

What Is A Basic Policy?

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

What Is An Inspection?

An inspection is a close and thorough examination of a house and property. A licensed individual usually does the inspection. ...

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property to depreciate. This is why it\'s a great investme ...

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this r ...

What Is The Difference Between A Real Estate Broker And A Real Estate Agent?

The terminology used to identify real estate professionals differs a little from state to state. Brokers are usually required to have more education ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

5 Things Home Sellers Always Forget A Real Estate Agent’s Guide to Using Social Media Effectively 3 Reasons Why Now Is The Perfect Time To Sell Your Home How to become a real estate agent Home Prices - The Extra Costs

FAQ

What is homeowners association (HOA)? What is earnest money? What is a APR Loan? What is the APR for This ARM Loan? What is a survey?