Bankruptcy (personal)

(1) Short-term loan that is made in anticipation of permanent longer term loans. The interest rate on such a loan is usually higher than on longer term loans. (2) A business loan in which ...

Legal proceeding whereby a person's property is attached and used to pay an obligation. The employer may withhold part of the employee's salary to the court until the debt has been paid. ...

Right of a current stockholder to maintain the percentage ownership in a real estate company by purchasing new shares on a proportionate basis before they are issued to the public. It ...

The vertical elements of a door or window frame which provide vertical support to the overall frame. ...

(1) Bottom of something used as support. (2) Most essential element. (3) Type of interest rate used when computing compound interest equal to: (1 + I). (4) Justification of an argument or ...

Process by which a lessee leases the property to another lessee. ...

Loan in which two or more lenders participate in the total financing of a single mortgage. The lenders in a piggyback loan do not necessarily have equal shares. ...

Failure or refusal to perform a specified action. The failure to fulfill contractually agreed upon terms or actions. Nonperformance creates a liability which can enable a judicial damage ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually ...

The meaning of appraised value is the evaluation of a property by a professional appraiser at the time of a mortgage origination process. The financing institution usually chooses the ...

For a coastal city that works as a suburb for Pensacola, FL, the city of Gulf Breeze, Florida is a breeze for those that want to enjoy a great holiday like living all year long. With a ...

If you’re thinking of buying a home in the city of Bowie MD, you may have a burning question on your mind: what cities are in the immediate vicinity of this mid sized town? There are ...

Hidden away deep in the majestic Smoky Mountain range, there is a charming little town, nestled in a valley with tall mountains surrounding it on every side. Regal houses and cozy cabins ...

If you’re looking into how to get a job in real estate and arrived at this page: congratulations; you’ve just made a big step toward your first real estate job! Not only ...

Known as the “shark tooth capital of the world” Venice, Florida, is known for its beautiful shorelines, and the friendly and happy population makes it a wonderful place to live. ...

If you’re thinking of making the community of Ashburn VA your home, you’ve made a good choice. Ashburn is one of the best communities in the state, from a wide variety of ...