Back-end Fees

See estoppel. ...

Any abuse, disobedience, lawbreaking, transgression, or wrongdoing. It may result in punishment or litigation. ...

Same as term appraisal: Valuation assessment of real property by an expert third party for the following purposes: developing a realistic market price. setting a market value at the time ...

Large, high-volume food store where customers serve themselves by going through the aisles and selecting their groceries to be paid at the cash register on the way out. ...

Various governmental restrictions and controls placed upon land use in a given jurisdictional area. Land use regulations include zoning and building ordinances, housing codes, and ...

Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...

Clause inserted into a commercial lease by a mortgagee stating the lessee's current lease will not be terminated if there is a foreclosure action against the landlord for the failure to ...

Land located next to water that has and will continue to experience water damage. The land generally is not suitable to build a structure on. In some cases, federal or local government may ...

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

This city located on Florida’s southeast coast has a few cards up its sleeve when it comes to activities that people can enjoy. Boca Raton, FL is famous for several things, but its ...

You know what is the truest answer to “who can put a lien on your house”? Yourself. We’re not trying to be smart here; it’s the truth. Failing to pay up a ...

Located on the barrier island of South Carolina, the resort town of Hilton Head is one of Lowcountry’s most renowned tourist destinations. With a population of about 40,000 residents ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...

Whichever is the reason for your impending relocation to Arlington, VA one thing is certain.  Knowing some things about Arlington, VA before moving there will most certainly help, ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...

With so many things to do in St. Petersburg, FL and so many museums to marvel at, the city attracts many visitors as well as new residents. Life in the Sunshine City might just be what ...