Balloon Clause

Debt secured by a lien on property. Commitments related to unfilled contracts for real estate. The purpose of encumbrances is to prevent further expenditure of funds considering the ...

Cash outlays required to maintain an investment position. ...

A mortgage loan where the bank provides the mortgagor the required funds to purchase property the bank has obtained through foreclosure on outstanding mortgages. For example, John obtains a ...

Property used consistently for many years by someone without challenge from the owner. Easement resulting from law such as the reasonable expectation that a purchaser of one or two ...

Recording an expenditure having a benefit of more than one year to the cost of the property. ...

What’s the definition of real estate collateral? Could we say it’s like keeping a hostage? No, that would be relatively insensitive. But the idea is similar. In real estate, ...

Covering on the top exterior of a window. ...

A clearly stated notice that an owner or operator will not assume responsibility for an inherent risk. For example, at a parking garage, a large notice of nonresponsability clearly states ...

Charlotte in North Carolina became a trendy tourist spot. And many Americans have chosen Charlotte as a top-rated relocation destination to start fresh. A thriving real estate market, ...

A lock in guarantees a certain interest rate for a certain period of time. ...

Located almost in the middle of the state of Florida, the census-designated place of The Villages, FL shares its name with the larger master-planned and age-restricted community that ...

If you love the beautiful rolling mountains or the long coastal beaches, and you have always desired to live in such a place, then you should probably consider relocating to North Carolina. ...

For a city located in Southern North Carolina, on the border with South Carolina, Charlotte has an amazing history that combines the charm from the southern past with the eclectic nuances ...

When you’re living as a renter, the fear of eviction is among the most terrifying things you can experience. The thought of losing your home and the one place that’s supposed to ...

Who wouldn’t want to move to a quaint, charming town featuring cosmopolitan vibes and a low living cost? Has this ‘strange’ idea ever crossed your mind? Then, we have ...

When you think of the city of Miami, what is the first thing that comes to mind? You are probably thinking of their world-class beaches, great year-round weather, and awesome coastal vibes. ...