Loan having the last payment either (1) more than twice the amount of any other payment, or (2) a payment arising from the lenders call provision. The term loan (or straight loan) is a form of balloon loan. See also balloon.
Edifice constructed on the to floor of a building usually occupying less than 1/2 the roof area. A penthouse is used for two purposes; one or more luxury apartments directly accessed by a ...
Assemblage in real estate is the process of combining multiple small plots of land into one larger plot. This is accompanied by plottage, which is the increase in value that occurs when ...
Condition that depends on the failure or nonperformance of which an estate already granted may be overthrown. Upon the breach of the condition, the grantor has the power to terminate the ...
Expected selling price of property less costs to sell. It is the net amount received upon the sale of property.
gross receivables less allowance for doubtful accounts, representing the ...
Those legal rights that are a part of the ownership of property. These rights include the rights to occupy and use, peaceful enjoyment, bequeath, construct a structure, lease, sell, mine, ...
When we look at home equity, we instantly think of home equity loans or home equity lines of credit. There is a reason for that, and we’ll get to it in a bit. Firstly, however, ...
Although we keep hearing about it, there’s still a lot of uncertainty around digital real estate, also known as virtual real estate. The terms refer to the ownership and usage of ...
If you’re thinking of buying a home in Bowie MD, we don’t blame you; this city has a lot to offer! With a high median household income, thriving real estate market and lucrative ...
Located in Chesterfield County, Chesterfield, VA, with the full name Chesterfield Court House, Virginia is a great place for families both for its safety and for the active lifestyle that ...
The human brain has a great learning and memory capacity. By all means, we can acquire new knowledge in various domains through practice and devotion. However, there is no official record ...
If you go south of Washington D.C, following the Potomac River on the left side of the capital, you'll find Fort Washington, MD. This is a city built around an actual fort. It was, ...
The suburban city of Newton MA is located in Middlesex County, Massachusetts, about 7 miles away from downtown Boston. With a population of about 90,000 people and comprising about 13 ...
The real estate market in Nashville is harsh. Investors and wannabe homeowners fight over the low inventory. Investors want to get passive income by renting the property, while others ...
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