Arcade


Definition of "Arcade"

Arches, either roofed or open, mounted on a series of pillars to form a passageway or walkway.

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Popular Real Estate Terms

Decking

(1) Wide boards, generally two inches thick, attached to flooring or roof of a structure. (2) Light gauged ribbed metal sheets used for supporting a ...

Negative Cash Flow

A situation where a real estate company spends more money than it receives within a stated period of time. This is an unfavorable situation that ma ...

Subordinate

To reduce the priority of payment of a debt or lien. For example, in order to enable a tract of land to be developed, the first mortgagee agrees to su ...

Mortgage Instrument

A written mortgage document. A mortgage instrument states the terms of the mortgage including the interest rates, length of payments, payment dates, a ...

Liquidation Price

cash value or other consideration that can be received in a forced sale of real estate, such as that occurring in a foreclosure or when a company is g ...

Real Estate Office Administration

Managing the day-to-day activities in a real estate brokerage office including recruiting and training new real estate agents, holding real estate cl ...

Popular Real Estate FAQ

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in mind - to get you to buy a home. I\'m sure you\'v ...

What Is A VA Loan?

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Affairs. ...

What Is A Broker?

An agent who is authorized to open and run his/her own agency. All real estate offices have one principal broker. ...

What Are Basis Points?

Basic points relates to changes in the interest rate for your home. ...

What Is A Lifetime Rate Cap?

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loa ...

What Is Hazard Insurance?

Hazard insurance is insurance coverage that compensates for physical damage to a property from natural disasters such as fire or other hazards. ...

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