Appreciation | Real Estate Glossary

Definition of "Appreciation"

Increase in the value of real estate.

Municipal ordinance stating the distance from a curb or property line where the building of a struct ...

To place insurance in force on an individual, individuals, or an organization. ...

The lowest interest rate possible under an ARM contract. Floors are less common than ceilings. ...

Statement made verbally. It is better legally to have a written statement because verbal ones withou ...

part of the Department of Housing and Urban Development (HUD), which sees that complete disclosures ...

Source of loss that is covered under an insurance policy, such as a fire, and explosion, among other ...

An origination fee is a fee paid to a lender for processing a loan application. ...

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to t ...

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

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