Balloon Payment

Same as term mortgage correspondent: Individual having permission to act ob behalf of a bank or other financial institution in a specified locality to attract interest borrowers. ...

Foreclosed property is sold via a sheriff's deed. The amount received is used to pay the balance of any obligations against the owner or real estate. ...

Fence constructed at the property line or other division point separating a subdivision or a home site. It marks the point of separation between two separate properties. ...

Initial user of real estate property, such as the first tenant in a newly constructed apartment building or office building ...

The federal Reserve Bank's regulation of consumer and mortgage credit transactions. A lender must provide the annual percentage rate (APR) of the loan and other essential data in mortgage ...

Wall having an air space between the two sides. A hollow wall is often covered with wallboard that is nailed to the wall studs providing an air space between the two sides. ...

Multi-family housing complex of rental apartments managed by either the property owner or a resident manager. ...

Local zoning law or private limitation on how far in feet a structure might be situated from the curb or other appropriate marker. ...

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small fortune. Most loans these days do not ...

Annapolis, MD is a beautiful city located on the Chesapeake Bay in Anne Arundel County. It has a population of about 40,000 people with a median age of about 37 years which makes it a good ...

You’ve been invited to a housewarming party (or just invited to meet a friend’s new house) and you don’t know what to bring… well, that's why our real estate ...

Being densely populated, one might expect a certain level of insecurity especially when it comes to crimes in Arlington, however, it is one of the safest places one could live in. It might ...

When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But the ...

Located in Pinellas County on Florida’s Gulf Coast, the city of St. Petersburg is also known as The Sunshine City and it can be a great place to live. This isn’t only because of ...

When considering moving to a new city, it’s important to know as much as possible about that city before you make such a life-altering decision. You’ll have to do research, and ...

The city of Plano has seen an unprecedented amount of growth in the past several years. With jobs easily available and a cost of living lower than the Houston Astros’ standards when ...