Balcony

A special kind of fixed rate mortgage (conventional mortgage) in which the monthly payments are less in the beginning years and more in the later years. After five years it usually levels ...

Situation in which pledged property is held by a person or entity until the loan is paid. ...

That part of a roof which projects beyond the sides of the building. The eaves keep rain overflow of the sides of a building structure and seal the roof rafters. ...

Every borrower has his own definition of amortization schedule in mind. An amortization schedule is a table that reveals how the debt is going to be paid back and at what cost. For most ...

Material used for covering the surfaces of walls or ceilings. Plaster used to be made from plaster of paris, but is now primarily made from cement mixed with sand and water. After plaster ...

A judicial ruling in which the rights and claims of the parties have been considered. A final ruling on some aspect formed after all the facts have been taken into account. In Real ...

Agreement to transfer funds to a third party. ...

Rights granted to owners of property restricted to conservation use, historic preservation, or some other low density function to sell to other landowners allowing them to develop their ...

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 loan. ...

The one thing that everyone thinks of when it comes to Frisco, TX is sports. This lovely suburb of Dallas, TX, located only 30 min away, is where any sports fan can come to have it all in ...

Canton Georgia is one of the state’s best cities, and one of the top destinations for those seeking a quiet, relaxing place to live. Maybe you’ve got a family, and you are ...

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. ...

Of all the things that can make or break a city in terms of its livability, the single thing that takes the first spot is the cost of living. Gas prices, rent prices, utility costs, and ...

In 2020, our financial lives revolve around our credit scores. Want to buy a car? Better have good credit! Want to lease a house? Good credit is a must. Applying for a new credit card? ...

If you truly want to purchase that property, the only ethical thing to do is to purchase it through that REALTOR. Otherwise, you could set up potential conflicts between your previous ...

...