Buyer agrees to accept the responsibility for the existing mortgage. The seller is not relieved of the obligation unless the lender agrees to release it. Many lenders charge points and increase the interest rate when a mortgage is assumed.
Wondering what is an estate tax? While the name makes it seem like a variation to regular “property tax”, the correct estate tax definition is pretty different.
An estate tax ...
Legal record used to create a condominium. It encompasses the description of the property, common elements, ownership units, and acceptable uses of the residence. ...
The selling of a parcel of land whereby the original owner agrees to immediately leaseback the property. The advantage of the land sale-leaseback in that the original property owner can ...
The definition of a full covenant and warranty deed in real estate is a type of deed that includes a number of specific assurances that certain conditions will be met that go above and ...
An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...
Waynesboro should definitely be on your bucket list if you intend to explore the most stunning places in Virginia! The city excels for countless reasons, from mind-blowing natural ...
Located in the North of North Carolina, Greensboro is well known for its history, the way in which it impacted the nation. It has grown a lot over the past 25 years and it’s ...
For those who are trying to figure out what exactly is Chesterfield, VA we are going to come up with an explanation to clear the air. It might be complicated to differentiate but we will do ...
Within the Chesapeake Bay in Maryland lies the charming city of Annapolis, MD in Anne Arundel County. It is one of the most desirable places to live in and people argue that it is one of ...
Located approximately a 20-minute drive away from Savannah, GA, the suburban city of Pooler, Georgia is the western economical hub of Chatham county. With a population of around 24,000 ...
Charlotte in North Carolina has the largest population in the state. According to the 2021 census, approximately 2,132,000 residents were living in Charlotte’s current metro area. In ...
Not only can one convert a warehouse into a home, but many people have been doing just that. Converting a warehouse into a loft living space is actually kind of a trend which started ...
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